Sterlite Technologies experiences a surge in market confidence following a significant Rs 3,000 crore capacity expansion plan and bullish revenue forecasts driven by booming AI and data centre demand, positioning itself as a key player in AI infrastructure growth by…
The resurgence of confidence in enterprise software stocks signals a shift in investor perception, with AI integration emerging as key to future growth for giants like Salesforce, Microsoft, and Palantir amid rising cybersecurity and defence demands. By the end of…
A robust US jobs report has complicated the Federal Reserve’s upcoming decision, as inflation fears grow amid geopolitical uncertainties and resilient economic data. A surprisingly firm US jobs report has put the Federal Reserve’s September meeting back on a knife…
India’s commercial vehicle sales surged ahead of the festival season, driven by freight demand and infrastructure growth, with industry experts now viewing the recovery as more durable than expected, signalling a shift from passenger vehicle focus. August’s sales data suggest…
A recent ₹200 crore equity raise has significantly boosted foreign ownership in Globus Spirits, highlighting a strategic shift that combines capital infusion with operational growth ahead of broader institutional engagement. What looked at first glance like a sudden burst of…
Styrenix Performance Materials reports a remarkable first quarter for FY27 with profits soaring despite a 26% decline in sales volumes, highlighting the impact of volatile raw material and product prices influenced by Middle East tensions. Styrenix Performance Materials posted a…
India’s National Stock Exchange gains regulatory approval for its long-anticipated Rs 30,000-crore initial public offering, paving the way for one of the country’s biggest market debuts later this month, amid concerns over legal, regulatory, and revenue dependencies. India’s markets regulator…
Shares in the government-backed Indian stock exchange IFCI surged amid reports that the long-awaited National Stock Exchange IPO is nearing regulatory approval, potentially marking India’s largest ever listing. Shares in the government-backed Indian stock exchange IFCI climbed sharply as investors…
The Reserve Bank of India’s recent efforts to attract foreign currency have strengthened the country’s external position, with projections of a significant balance-of-payments surplus and record-breaking forex reserves amid global uncertainties. The Reserve Bank of India’s drive to pull in…
Indian shares edged higher at midday on Friday, supported by firmer global sentiment and selective buying in financial and energy sectors, despite ongoing caution over the Nifty 50’s resistance levels and mixed industry performance. Indian shares held modest gains at…
India’s markets regulator Sebi is planning to revise the derivative contract settlement methodology following recent sharp swings and price mismatches observed during the initial rollout of the closing auction system, aiming to enhance price transparency and stability. India’s markets regulator…
Indian equities are poised for a positive start amid a broad global rally driven by Fed’s signals on rate stability and retreat in US Treasury yields, enhancing investor sentiment across Asian markets and ahead of domestic regulatory reviews. Indian equities…
