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Analysts expect more upside for the Nifty in the near term. Hence, the next upside target to be watched around 25,200-25,300 in the near term.

The proposed ₹2,500 crore block deal by TPG Asia may involve up to 14.72% stake sale in Sai Life Sciences, with pricing at a discount, sources told CNBC-TV18.

India’s National Company Law Tribunal has approved Tata Motors’ restructuring scheme involving its commercial and passenger vehicle subsidiaries.

Protean eGov Technologies has received a ₹1,160 crore order from UIDAI to establish and run Aadhaar Seva Kendras across 188 districts.

As per sources, the bancassurance partnership between LIC and IDBI Bank will continue even after LIC’s stake in IDBI Bank falls below 15% which the insurers is supposed to do over the next two years.

His appointment, approved by the bank’s Board of Directors, is for a term of three years.

The company said the capital will help Muthoot Homefin scale its assets under management more than four-fold over the next five years and strengthen its presence in affordable housing, particularly in tier-II and tier-III markets.

Amit Anwani, Research Analyst at PL Capital Group, identified Hindustan Aeronautics as his top pick, highlighting its attractive valuations at around 32x and strong potential for sustainable double-digit growth.

According to Hyundai, the reaffirmation of CRISIL AAA/Stable for long-term facilities underscores the company’s highest degree of safety with regard to timely servicing of financial obligations. The CRISIL A1+ rating for short-term instruments further highlights HMIL’s superior liquidity position and…

Four of the top five gainers on the Nifty were IT companies, with Tata Consultancy Services, Infosys, HCLTech and Wipro rising between 1.5% and 3% after brokerages turned positive on the sector. The Nifty IT index added 2.3%, extending recent…