Gold, silver prices ease on MCX: Why bullion prices are under pressure
MCX gold and silver slip as traders weigh US Federal Reserve rate outlook, strong dollar and West Asia tensions, with key US data eyed for next cues.
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Consumer demand story remains strong and capable of double-digit growth: Nestlé India CMD
Speaking from the sidelines of the Citi India Conference 2026, Manish Tiwary, CMD of Nestlé India, said he remains confident about the Indian consumer sector’s ability to deliver double-digit growth over the long term despite near-term uncertainties. He said premium…
Deven Choksey remains bullish on select mid-tier IT stocks, sees up to 20% upside
Indian IT stocks could offer attractive opportunities after the recent correction, according to Deven Choksey, MD, DRChoksey FinServ. He believes downside risks are limited as companies adapt to AI-driven, outcome-based business models. Choksey prefers engineering and automotive technology companies such…
Ridham Desai says AI boom may delay return of foreign flows to India
Ridham Desai, Chief Equity Strategist for India at Morgan Stanley expects the AI-led capital expenditure cycle to remain strong through the next 12-18 months, while domestic retail inflows continue to support Indian equities. Desai also said easier market access and…
Explained – The key trigger behind Borosil Renewables share price surge on Wednesday
In an interaction with CNBC-TV18 in May, the company’s Executive Chairman Pradeep Kumar Kherurka said that they are targeting a 60% jump in installed capacity by financial year 2028.
Shilpa Medicare to acquire 30.4% stake in Spain’s Gate2Brain with €7 million investment
The global glioblastoma treatment market is estimated at approximately $3 billion in 2025 and is projected to exceed $6 billion by 2035. The pediatric brain tumour market is estimated at around $1.5 billion, while the market for DIPG therapies is…
DEE Development shares fall 4% after board approves ₹300 crore preferential issue
DEE Development Engineers plans to raise ₹300 crore through a preferential allotment of up to 59.76 lakh shares. The issue includes ₹20 crore from the promoter group and ₹280 crore from a mix of institutional and non-promoter investors.
IT stocks exhibit signs of caution after Infosys, Wipro ADRs fall up to 8%
The US-listed shares of both Infosys and Wipro declined between 2.5% to 8% during the overnight trading session on Wall Street, after having gained between 10% to 20% very recently.
SpaceX plans to price IPO at $135 per share, targets record $75 billion raise: Report
According to Reuters, SpaceX intends to offer 555.6 million shares at $135 apiece, targeting proceeds of about $75 billion. The company is reportedly considering a listing on the Nasdaq Composite as early as June 12.
HDFC Bank board to review MSRDC deposit matter; closure of issue expected soon
HDFC Bank board to review vigilance and audit reports on MSRDC deposits, with findings expected to close the issue.