Ambit Investment Managers’ Managing Director Dhiraj Agarwal says emerging markets are in a risk-off phase due to Middle East tensions, a stronger dollar and rising crude prices. India, highly dependent on oil imports, is particularly vulnerable. He sees a very…
The ₹380-crore IPO received an overall subscription of 1.23 times on Day 3, with bids for 70.31 lakh shares against 57.06 lakh shares on offer.
JPMorgan said that the approved list of models and manufacturers (ALMM)-List 2 will become applicable from June 1, supporting the demand for locally-made solar cells.
Ed Clissold, Chief US Strategist at Ned Davis Research, says escalating geopolitical tensions could keep markets volatile in the near term as both sides remain entrenched. The US economy is relatively insulated due to lower energy dependence and easing inflation,…
Paras Defence informed exchanges that it has signed a Memorandum of Understanding with South Korea-based Green Optics, which specialises in the design and manufacture of optics and optical systems for space, defence and other applications.
Macquarie cited potential margin risks arising from evolving developments in the Gulf region. The brokerage said it had already identified geopolitics, commodity volatility and AI-led disruption as key risks for L&T.
Indian equities have seen a sharp drop on Wednesday as the conflict in West Asia shows no signs of de-escalation even on the fifth day. The Nifty is down over 500 points in early trading resulting in investor wealth worth…
West Texas Intermediate was above $75 a barrel post rallying 11% across two days, the biggest rise in four years. Brent ended near $81.
Qatalum, a joint venture between Qatar Energy and Norsk Hydro, has the capacity to produce around 0.65 million tonnes of aluminium annually.
Sources have also told CNBC-TV18 that Gujarat Gas has cut 50% of its gas supply to the industrial sector. The company has around 70% gas imports in its raw material basket, mostly from Qatar.