Federal Bank to acquire select retail credit card portfolio from Standard Chartered
Federal Bank approves acquisition of select Standard Chartered Bank India retail credit cards.
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Why the rupee’s ceasefire rally faded quickly
The war in West Asia pushed the rupee of a cliff, the ceasefire didn’t bring it back. Now, the conflict is escalating again, pushing the Indian currency down further.
HFCL shares jump 11% as Q4 profit rebounds, revenue more than doubles
The telecom equipment maker swung to a net profit of ₹178.5 crore in the fourth quarter, compared with a loss of ₹81.4 crore in the same period last year.
Oil shock manageable, prefer large caps on valuations: DSP MF CIO
Anish Tawakley, CIO at DSP Asset Managers, expects stable macro conditions over time and advises focusing on companies with strong balance sheets. He prefers large caps and domestic cyclicals, while flagging risks in select sectors due to potential earnings pressure.
Sterlite Tech shares fall 5% as Q4 growth overshadowed by concerns
On margins, the company said that US tariffs have eased from peak levels of 50% to around 18%, and have now transitioned to a temporary 10-15% range following the US-India trade arrangement. This is expected to provide a direct benefit…
Newgen Software Q4 Results: Shares rise up to 8% after US, APAC lead growth, margin expansion
For Newgen Software, Asia Pacific as a geography saw revenue growing to ₹84.6 crore from ₹69.2 crore, while the US business revenue grew to ₹106.1 crore from ₹88.5 crore last year. EBIT for US and APAC grew from the year-ago…
Navin Fluorine bulls expect stock to test ₹8,400 levels after Q4 results; Check upside potential
The highest price target of ₹8,385 on Navin Fluorine comes from Jefferies, who is projecting an upside potential of 24% from current levels.
Smartworks Coworking Spaces shares surge up to 8% after Q4 results, profit rises for second quarter
Smartworks Coworking Spaces expects 19% EBITDA growth in FY27 and also expects the FY26 revenue growth momentum of around 30% to continue in the next fiscal as well.
Syngene shares jump 10% after Q4 results; check Macquarie price target
Revenue continues to be impacted by lower business from a single large molecule biologics client. Excluding this, the underlying business showed steady momentum.
Global markets turn selective as AI, oil and capital flows drive divergence: Manulife Investments
Marc Franklin, Deputy Head of Multi Asset Solutions, Asia at Manulife Investments explains how AI investments, rising oil prices and shifting capital flows are driving divergence across global equity markets.