Cyient reported 25.5% year-on-year revenue growth and a record second-quarter order intake, but organic growth in its core digital, engineering and technology business remained subdued as wage increases loom. Cyient Limited said its second quarter performance was lifted by stronger…
Higher borrowing costs and elevated Treasury yields are forcing investors to look beyond AI demand and scrutinise the debt, cash flow and timing behind the sector’s investment boom. The latest wobble in technology shares is less about enthusiasm for artificial…
EAAA India Alternatives will open its Rs 1,200 crore offer for sale on October 26, with shares priced between Rs 1,585 and Rs 1,665. EAAA India Alternatives Limited has set the price band for its maiden public offering at Rs…
UBS AG has converted 20.5 million warrants into a 4.8% holding in 360 ONE WAM, deepening the global bank’s exposure to India’s wealth management sector and helping push the company’s shares higher. UBS AG has become a 4.8% shareholder in…
Garden Reach and Mazagon Dock fall sharply after Goldman Sachs warns that elevated valuations may have outpaced earnings prospects, putting renewed focus on margins, execution and future orders. Goldman Sachs has turned cautious on two of India’s best-known shipbuilders, issuing…
The Sensex fell more than 600 points and the Nifty dropped 1% in early trading as surging crude prices, high US bond yields and inflation fears hit equities across sectors and market-cap segments. Indian equities opened sharply lower on Thursday,…
Indian equities came under renewed pressure as Brent crude topped $110 a barrel, broader-market valuations faced scrutiny and investors turned more risk-averse. Dalal Street came under renewed pressure on Thursday as a jump in crude oil prices, sharper geopolitical tensions…
Morningstar says Perpetual’s corporate trust division is becoming the group’s clearest growth driver, with funds under administration reaching a record A$1.4 trillion while asset management suffers heavy redemptions. Morningstar says Perpetual’s corporate trust division is emerging as the business’s clearest…
Jio Platforms’ Rs 30,213-crore IPO won strong backing from qualified institutional buyers within hours of opening, while retail and non-institutional participation remained subdued. Investor enthusiasm for Jio Platforms’ initial public offering has set an upbeat tone for the market, with…
Bullion retreats in Asian trading after a Wall Street rebound, with a firm dollar and cautious investors limiting its record-breaking rally ahead of next week’s Federal Reserve meeting. Gold eased back below the $4,100-an-ounce mark in Asia on Thursday after…
BlackRock investment chief Evy Hambro expects government borrowing, inflation and geopolitical risk to support gold, while condemning miners’ $12bn buyback spree as reckless. Evy Hambro, BlackRock’s global head of thematic and sector investing, is betting that gold’s climb is not…
Indian Hotels lifted its FY27 revenue growth forecast to 15%–17% after higher room rates and occupancy drove a 22% rise in quarterly operating revenue, while international hotels and TajSATS faced pressure. Indian Hotels Company Limited delivered its 18th straight record…
