Graphite India to discontinue two Germany divisions amid weak demand
Shares of Graphite India Ltd ended at ₹581.10, down by ₹22.75, or 3.77%, on the BSE.
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Jeff Bezos’ Blue Origin raises first exteral funding at $130 billion valuation
According to CNBC’s Andrew Ross Sorkin, Bezos is expected to invest $2 billion in the funding round, while hedge fund Coatue Management is set to contribute around $4 billion.
Trump may say US-Iran deal is dead, but talks are likely to resume: Eurasia Group
Eurasia Group’s Pramit Pal Chaudhuri says Qatar is likely to revive US-Iran talks despite President Donald Trump’s remarks, while ample global oil supplies should keep any rise in crude prices limited.
Dow futures plunge over 500 points as Trump declares Iran ceasefire ‘over’
The renewed market volatility came after Trump, speaking at the NATO summit in Ankara, said the ceasefire between Washington and Tehran was “over,” following fresh hostilities in the region.
Aditya Infotech faces $5 million ICC arbitration claim from Avathon, SparkCognition
Shares of Aditya Infotech Ltd ended at ₹3,557.00, up by ₹9.40, or 0.26%, on the BSE.
OMCs, gas utilities remain top picks despite fresh oil price volatility: ICICI Securities
Probal Sen, Senior Research Analyst-Indian Oil & Gas Sector, Indian Agrichem Sector, Institutional Equities at ICICI Securities discusses India’s energy outlook, LPG supply risks, ONGC and Oil India, while Trading.com’s Peter McGuire shares his view on crude prices amid escalating…
Stock market crash: Five biggest contributors to the Nifty 50’s fall on Wednesday
HDFC Bank emerged as the biggest drag. HDFC Bank was the largest contributor to the Nifty 50’s decline on Wednesday. The stock was trading at ₹813.00, down ₹16.30 or 1.97%, shaving 50.61 points off the benchmark index.
Crompton Greaves Consumer bags additional MSEDCL solar water pumping order worth ₹65 crore
Shares of Crompton Greaves Consumer Electricals Ltd ended at ₹259.25, down by ₹9.20, or 3.43%, on the BSE.
India’s market outlook is improving as earnings recover, says IME Capital founder
IME Capital Founder & CEO Ashi Anand believes India’s market outlook is improving as corporate earnings recover and domestic inflows remain strong. He said the biggest near-term risk is a rise in oil prices due to geopolitical tensions, adding that…
India silver import curbs create shortages, push premiums to six-month high
India’s silver import restrictions cause shortages, pushing premiums to 6-month highs despite weak demand. This could weigh on global prices, but narrow India’s trade deficit and ease rupee pressure.