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B.R. Shetty seeks $15 bn from Bank of Baroda over alleged role in NMC fraud in Bombay HC
B.R. Shetty has sought $5 billion in direct damages, $5 billion for consequential losses, including lost business opportunities, and another $5 billion for reputational damage.
Stocks jump as Sitharaman says government will hear investors on LTCG tax
Finance minister Nirmala Sitharaman said Indian and foreign investors had raised questions about long-term capital gains tax, the securities transaction tax and whether different asset…
Hyundai Motor Group commits $15.5 billion to India over seven years
The outlay across Hyundai Motor India and Kia will fund capacity expansion, local supplier networks, and a $700 million R&D boost to help reclaim market…
Ahead of Market: 10 things that will decide stock market action on Wednesday
Sensex and Nifty rallied over 1.5% on Tuesday, adding around Rs 5 lakh crore to the market capitalisation of listed companies. Investors will track global…
From ₹201 crore invested in 2017 to ₹550 crore realised: WSIB-backed investor exits DASNAC
The exit comes in FY26 after generating aggregate cash proceeds of around ₹550 crore in FY26, as per a report. DASNAC is known for Noida…
Cubex Tubings hits 5% upper circuit for 5th day in a row, eyes seventh annual gain. What’s driving the rally?
Cubex Tubings shares rose 5% to a record ₹191.30 on Tuesday, extending a five-session rally that lifted the stock 29%. No new fundamental trigger has…
Urban Company considers fundraise as instant-services battle heats up
The Gurugram-based company’s board will meet on 16 October to evaluate equity dilution routes as rivals Snabbit and Pronto step up pressure in on-demand household…
Market Trading Guide: Balrampur Chini Mills among 4 stock recommendations for Wednesday
Balrampur Chini Mills, Cyient, Aditya Infotech and eClerx Services feature among four stock recommendations for Wednesday, with analysts outlining entry levels, stop losses and upside…
'80% workforce locally hired': Wipro sees no material business impact from US suspension of PERM applications
The company said the announcement concerns a specific pathway to permanent residency in the US and is distinct from broader skilled talent mobility programmes, such…
ICICI Life defends credit cover as Irdai weighs steep commission cut
Management highlighted loan-linked protection as a vital safety net for low-income borrowers as the insurer awaits final rules on Irdai’s proposal to cap lender commissions…
US banks post strong profits, but inflation and rate risks cloud outlook
Major US banks reported higher third-quarter profits, supported by resilient consumer spending, AI investment and stronger trading revenue. However, executives warned that persistent inflation, elevated…
