JSW Steel to consolidate US operations, merge select Indian units

The company’s Board of Directors approved the plan at its meeting, stating that the exercise will help streamline operations and enhance financial synergies across geographies.

The company’s Board of Directors approved the plan at its meeting, stating that the exercise will help streamline operations and enhance financial synergies across geographies.

Assets under Management (AUM) for the company stood at ₹6,71,625 crore, comprising ARR AUM of ₹2,95,324 crore and transactional or brokerage AUM of ₹3,76,301 crore. Shares of 360 One Wam Ltd ended at ₹1,160.95, down by ₹9.10, or 0.78%, on…

The company has entered into five key agreements, including a long-term 30-year brand license agreement with Whirlpool Properties.

The company’s Services segment revenue for the quarter stood at ₹1012.8 crore, up 5.1% quarter-on-quarter. In US dollar terms, the segment revenue was $115.6 million, reflecting a 2.7% increase QoQ. Shares of Tata Technologies Ltd ended at ₹685.55, down by…

Dixon Tech’s EBITDA margins for the quarter expanded by 10 basis points to 3.8% from 3.7%. The CNBC-TV18 poll had also projected a figure of 3.8%.

Shares of the lender ended 0.5% higher at a price of ₹227.40 on Friday. The stock has risen by 23% in the last six months.

IndiaMART InterMESH reported a 38.8% year-on-year decline in Q2 FY26 profit to ₹83 crore, even as revenue rose 12.5% to ₹391 crore on higher customer collections. Shares of the company ended lower on Friday, October 17, by 0.81% to close…

Gold prices have surged nearly 60% since last Dhanteras, driven by global economic uncertainty and strong investor demand. Ventura forecasts that the precious metal could reach ₹1.5 lakh per 10 grams by 2026 if current tailwinds persist.

Earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 19.9% from last year to ₹190 crore, while EBITDA margin improved by 370 basis points to 18.2% from 14.5% a year earlier.

Nirmal Bang has selected eight names as its top picks for this Samvat 2082. These include Diffusion Engineers, Finolex Industries, ICICI Bank, TCS, Varun Beverages, GNG Electronics, and others. The brokerage sees an 18% to 52% upside on its top…