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Anand Rathi Share Q1 results: Profit rises 71% to Rs 39 crore before one-time charge
Anand Rathi Share and Stock Brokers reported a 71% year-on-year rise in Q1 FY27 profit before exceptional items to Rs 39.1 crore, driven by strong…
Market Trading Guide: Adani Green among 4 stocks recommendations for Wednesday
Rising crude oil prices, a weaker rupee and West Asia tensions pressured domestic equities, raising inflation and earnings concerns. Analysts recommend Azad Engineering, MosChip Technologies,…
Govt reviews fresh bids for IDBI Bank as stake sale process gathers pace
The Centre and LIC plan to sell a combined 60.72% stake in IDBI Bank—30.48% held by the government and 30.24% by LIC—along with the transfer…
Vedanta to treble zinc, lead production, double silver output; to invest $5 bn for expanding oil & gas biz
Vedanta Chairman Anil Agarwal announced plans to triple zinc and lead production, double silver output, and invest $5 billion to expand oil and gas. Details…
IIAS opposes Ujjivan SFB RSU plan over disclosure concerns
Proxy advisory firm IIAS opposed Ujjivan Small Finance Bank’s proposed RSU scheme, citing inadequate clarity on vesting conditions and performance metrics. The bank responded that…
Alpine Texworld IPO off to a slow start; subscribed 0.28 times on Day 1; GMP indicates modest listing
Alpine Texworld's IPO had a weak debut, with only 0.28 times subscription on Day 1. Retail and NII segments saw low bids, while QIB was…
Buffett to offload Berkshire stake in 8 years, Gates snubbed
Warren Buffett is accelerating donations of Berkshire Hathaway shares, aiming to fully divest his stake within eight years. He excluded the Gates Foundation from future…
RBI proposes easing rules for mutual funds, insurers to acquire higher stake in banks
The RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeated regulatory clearance. The…
Rs 1,839 crore Biocon block deal: ICICI Pru MF biggest buyer along with Citi and Goldman Sachs
Mylan sold a ₹1,839 crore stake in Biocon through a block deal, attracting strong institutional demand. ICICI Prudential Mutual Fund emerged as the largest buyer,…
Thomson Reuters to sell 51% stake in global print business to KKR for $500 million
Thomson Reuters plans to divest its majority stake in the Global Print business to KKR, enabling a renewed focus on core operations. Set to finalize…
US stocks today: S&P 500 and Nasdaq open higher as CPI, bank earnings take focus
US markets opened mixed as softer inflation data boosted expectations of a less aggressive Federal Reserve. The S&P 500 and Nasdaq gained, supported by rate…
