The Nifty index stayed virtually unchanged as intra-day trading fluctuations hint at a market in suspense, with foreign investors shorting futures while domestic institutions offer steady support amid cautious trader positioning. Nifty finished almost unchanged on Thursday, but the narrow…
Pilani Investment reduces its holding in UltraTech Cement as the company accelerates its push into renewable energy, following strong quarterly results and strategic acquisitions that signal a shift towards greener power sources. Pilani Investment and Industries Corporation has trimmed its…
Honasa Consumer more than doubled its net profit in Q1 FY27, driven by strong demand across its brands, expansion into fragrances, and increased offline distribution, signalling robust growth momentum for the year. Honasa Consumer said its first-quarter profit more than…
VST Tillers Tractors Ltd posts a 9.36% rise in profit to ₹48.73 crore in Q1, driven by strong power tiller sales and strategic product focus despite supply and cost challenges. VST Tillers Tractors Ltd posted a stronger first quarter, with…
Veteran investor Dolly Khanna has reduced her stake in Som Distilleries and Breweries amid a turbulent quarter characterised by falling profits, licence renewal delays, and regional headwinds, raising questions over the company’s turnaround prospects. Dolly Khanna’s stake in Som Distilleries…
The Bank Nifty index is consolidating within a tight band following recent trading sessions, with traders watching key levels and derivative signals for insights into the next big move amid a backdrop of insider positioning and macro triggers. Bank Nifty…
State Bank of India has raised $500 million through a five-year bond offering targeted at global investors, marking a strong turnaround in its offshore funding strategy amid heightened demand and improved credit sentiment for Indian debt. State Bank of India…
Accel has swiftly closed its ninth India-focused fund at $550 million, positioning itself ahead of the AI investment wave and amid intensifying global interest in Indian startups. Accel has closed its ninth India-focused fund at $550 million, completing the raise…
India’s markets regulator, Sebi, has announced a plan to introduce a mandatory colour-coded ‘Credit Risk-o-Meter’ for debt securities, aiming to enhance transparency and help investors better assess default risks before bond investments. India’s markets regulator has proposed a mandatory colour-coded…
Tamil Nadu has signed agreements worth 150.5 billion rupees with 16 overseas investors, including Saint-Gobain and Super Micro, as part of its strategy to bolster its position as a leading manufacturing hub amid new government initiatives and record-breaking deal numbers.…
