Hyundai Motor India shares edge up on 3-year wage deal with union
Hyundai Motor India has finalised a three-year wage settlement with its recognised employees’ union, offering a structured monthly pay increase.
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Suzlon Energy shares give up gains but UBS sees 32% upside
Suzlon’s order book has crossed 6.5 GW. Its FY26 year-to-date intake now stands at 1.8 GW, keeping the company on track to meet UBS’s FY26E forecast of 3.5 GW and underpinning a sustainable ramp-up in execution.
AI disruption could erode 20% of IT revenue streams in 3 years: Jefferies
While growth will slow compared to the past decade, Jefferies sees mid-sized IT firms adapting better. He also expects India’s data centre market to expand 5x by 2030 and remains bullish on autos, with two-wheelers set to lead demand recovery.
Nifty rises above 25,300, closing at three-month high
The NSE Nifty 50 ended 0.36% higher at 25,330.10, its strongest close since June 7, while the S&P BSE Sensex gained 313 points, or 0.38%, to 82,694.
Media Matrix Worldwide and the Related Party Transactions maze
In the notes to account, Media Metrix Worldwide has marked ₹2,076 crore as sales to IAEPL, purchases from IBSL are worth ₹617 crore, while purchases from IAEPL are worth ₹6.5 crore. All of this, while the company’s own reported revenue…
US Fed FOMC Meeting Live Updates: Dollar at three-year low; 25 bps cut priced in but Powell commentary key
US Fed FOMC Meeting Live Updates: US Fed Chair Jerome Powell is likely to announce a rate cut for the first time in 2025 on the back of a weakening labour market, stubborn inflation and US President Donald Trump’s push…
With valuations normalising, India set to reclaim EM spotlight: Jefferies
At the Jefferies India Forum 2025, Aashish Agarwal, India Country Head, and Peter Forlenza, Global Head of Equities, Jefferies, shared insights on India’s valuations, private capex cycle, and its role in the emerging market rally.
Vedanta shares fall sharply after government flags disclosure violation, blocks misrepresentation at NCLT
Vedanta, in its response to the NCLT stated that all creditors and stakeholders have agreed to the demerger and that the company is ready to give corporate guarantees to secure the government’s dues.
Power Grid bags inter-state transmission project in UP and MP
Power Grid Corporation has been declared the successful bidder for a key inter-state transmission project in Uttar Pradesh and Madhya Pradesh..
Mahindra Lifespace shares gain nearly 7% on securing two redevelopment projects in Mumbai
In a stock exchange filing on Tuesday, the company said it has been selected as the redevelopment partner for two housing societies in the Diamond Garden area of Chembur, Mumbai.