Assenagon Asset Management S.A. has significantly increased its holdings in HDFC Bank by nearly 270%, joining other institutional investors, as market reactions are mixed despite strong quarterly earnings. Assenagon Asset Management S.A. has sharply expanded its stake in HDFC Bank,…
Titan Company reports continued strong demand into July, with plans to expand its store network and double revenue by FY30, driven by a resilient jewellery segment and diversified product lines. Titan Company said demand remained firm into July after a…
A group of mid-cap Indian companies, including R R Kabel, Welspun Corp, Poonawalla Fincorp, Sterlite Technologies and Steel Authority of India, reported significant profit jumps in the June quarter, reflecting strong demand and operational improvements despite uneven market conditions. A…
Berger Paints India’s strategic pivot towards construction chemicals and waterproofing is boosting growth, with the category now constituting over 12% of its decorative portfolio and outpacing traditional paints amid rising industry competition. Berger Paints India’s push into construction chemicals and…
Jio Financial Services is embracing AI, digital distribution, and international partnerships to redefine its growth trajectory in the financial sector, aiming for personalised services and expanded asset management beyond India’s metros. Jio Financial Services is leaning harder into artificial intelligence,…
Doms Industries reports a 19.2% rise in first-quarter revenue driven by domestic demand and buoyant back-to-school sales, while profits dip due to rising costs. The company completes the Reynolds brand acquisition to expand its stationery portfolio, with growth targets unchanged…
India’s markets regulator, SEBI, plans to introduce new nomination rules from September 2026, requiring all new single-holder accounts to designate up to three nominees, simplifying asset transfer processes and reducing unclaimed assets. India’s markets regulator is set to change how…
Despite a positive long-term outlook from some brokerage firms, ONGC’s latest quarterly report has prompted cautious revisions, highlighting near-term production and pricing pressures that temper investor enthusiasm amid diverse analyst opinions. Oil and Natural Gas Corporation has drawn mixed signals…
Indian stocks closed the week higher, yet new closing auction dynamics introduced fresh uncertainty, highlighting a market in pause despite overall bullish signals and technical resilience. Indian equities ended the week on a firmer note, with the Nifty 50 closing…
Shares of ANI Pharmaceuticals plummeted after the drugmaker reported a robust second quarter but issued a cautious outlook, citing margin declines and revised sales targets, leading to a market reconsideration of its growth prospects. ANI Pharmaceuticals shares fell sharply on…
