US stocks end sharply higher, dollar drops after inflation report
US stocks have ended on a better and higher note due to better-than-expected inflation reports, which has now made investors more positive, as compared to…
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Siemens’ valuation premium over its parent narrows to nine-month low
The sudden drop in shares also narrowed its valuation premium over its German parent Siemens AG. According to Bloomberg data, the Indian arm of German…
Fidelity Investments pares 1.3% stake in Granules India for ₹191 crore
Aditya Birla Sun Life Mutual Fund (MF), Paulomi Ketankumar Doshi, Bandhan MF, Edelweiss MF, ITI MF, SBI Life Insurance and Kotak Mahindra Life Insurance Company…
HCC divests stake Steiner AG to focus on core operations in India
Hindustan Construction Company (HCC), in a statement, said this has allowed for SAG subsidiary Steiner Development AG (SDAG) to start afresh as a direct subsidiary…
Piramal Enterprises to issue non-convertible debentures worth ₹2,000 crore
Shares of Piramal fell 2.9% to close at ₹1,090.25 on Friday.
Fortis Health acquires 7.61% stake in Agilus Diagnostics for ₹429.37 crore
Shares of Fortis Healthcare Ltd ended at ₹675.15, down by ₹2.85, or 0.42% on the BSE.
TCS sells 30% stake in South African arm for ₹28.29 crore to comply with norms
The agreement, signed on December 20, 2024, ensures compliance with South Africa’s Broad-Based Black Economic Empowerment (B-BBEE) Act. Shares of Tata Consultancy Services Ltd ended…
Vedanta to not consider demerger of one of its units
Shares of Vedanta Ltd ended at ₹477.50, down by ₹14.70, or 2.99% on the BSE.
RBI imposes ₹20-lakh penalty on Manappuram Finance for KYC non-compliance
The lapses included failure to verify the PAN of customers through the issuing authority’s verification facility at the time of customer acceptance. Shares of Manappuram…
NHPC to invest ₹5,500 cr in Bihar for solar energy and green hydrogen projects
NHPC aims to develop 1,000 MW solar power and hydrogen-powered buses to promote clean energy.