Oil steadies with market waiting for OPEC+ supply decision
Brent crude traded below $67 a barrel, while West Texas Intermediate was near $65.
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Karnataka Bank shares get a downgrade, price target cut after top management quits
Brokerage firm Emkay Global warned that the leadership void could disrupt Karnataka Bank’s retailisation drive and transformation agenda, potentially weighing on growth.
Sensex Today | Stock Market LIVE Updates: 25,500 holds the key for Nifty as new month, Q1 business updates begin
Sensex Today | Stock Market LIVE Updates: All the action begins today with companies starting to report auto sales, along with their business updates for the June quarter. Companies like IREDA and NCC have already shared their respective business updates.
Gabriel India to consolidate Anand Group’s auto business via share swap; stock up 20% in 5 days
The deal is subject to approval from the company’s board, creditors, stock exchanges, NCLT and shareholders of the company and is likely to take effect within the next 10-12 months, provided the approvals are received within this timeframe.
IREDA Q1 Update: Disbursements rise 31%, loan book outstanding near ₹80,000 crore
During the quarter gone by, IREDA also raised ₹2,000 crore by selling shares to eligible institutions through the QIP process. Shares were sold to LIC, Societe Generale, Morgan Stanley and Vikasa India EIF I Fund. Post the QIP, the government…
Kalpataru Projects secures ₹989 crore orders in overseas power T&D segment
The fresh orders pertain to the power transmission & distribution (T&D) segment in overseas markets. Shares of Kalpataru Projects International Limited ended at ₹1,215.60 down by ₹9.80, or 0.80%, on the BSE.
Sandeep Kalra of Persistent Systems takes home ₹148 crore in FY25, powered by stock options
Kalra’s total remuneration jumped 93% to ₹148 crore in FY25, with 90% of it coming from the fair value of stock options exercised during the year. His pay also includes compensation from the US subsidiary, Persistent Systems Inc.
Aquilo House becomes new promoter of Aavas Financiers with 48.96% stake
The acquisition includes 1,78,08,116 equity shares (22.50% of the company’s equity) tendered under the open offer announced on August 10, 2024, and completed on March 22, 2025. Shares of Aavas Financiers Ltd ended at ₹2,091.30, up by ₹99.40, or 4.99%,…
China’s specialty fertilisers export ban creates price pressure, not supply disruption: Elara Securities’ Prashant Biyani
While China’s procedural delays have effectively blocked exports of specialty fertilisers to India, Prashant Biyani, Vice President of Institutional Equities at Elara Securities noted that most listed Indian fertiliser companies operate primarily in the bulk fertiliser segment—urea and phosphate micronutrients—and…
Recognize closes $1.7 billion fund to back next-gen digital services firms
Recognize secures $1.7 billion for its second fund to back AI-driven digital services firms. Fund II closed in under 5 months with global investor support.