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CLSA expects order inflows of around $25 billion over FY27-30, driven by demand for helicopters, fighter jets and the Super Sukhoi programme.

Motilal Oswal had also highlighted in an earlier note that the stop in the subscriber loss will be an important trigger for Vodafone Idea’s turnaround plans. It remains to be seen whether this was just a one-off or the company…

Bernstein values the company at a premium to its peers, while it remains in-line on a core-profit multiple basis, factoring in its strong operating metrics and relatively larger alternatives business.

The issue was subscribed 1.53 times overall, led by strong institutional interest. The qualified institutional buyers (QIB) portion was subscribed 4.74 times, while the non-institutional investor (NII) segment saw 47% subscription. The retail portion was subscribed 16%

Nomura is of the opinion that with subdued market returns, they are concerned that the incremental domestic participation may moderate, thereby undermining the crucial lever of market support.

Gold fell 2.21% and silver 4.22% to $72.87 as a stronger dollar and Trump comments on Iran hit risk assets.

The acquisition falls under the purview of related party transactions and the requisite approval of the audit committee has been obtained in this regard, Lupin said. The proposed acquisition will be done on an arms-length basis, it said.

Eli Lilly shares jump after FDA approves weight loss pill Foundayo, boosting its obesity franchise and rivalry with Novo Nordisk, with aggressive pricing expected to drive uptake

Shares in Japan and South Korea opened lower, resulting in the broader MSCI Asia Pacific Index going up 0.5%.

Stock Market Live Updates: The Nifty did recover on Wednesday but could not sustain at higher levels. Oil prices still hover around the $100 a barrel mark. 23,000 remains the key for the index, while holding 51,000 will be key…