Honasa Consumer Limited to acquire 95 percent of BTM Ventures, parent of Reginald Men, for ₹195 crore, expanding into men’s personal care with strong sales in South India. Shares of the company ended 0.87% in the red on Thursday, December…
Astra Microwave Products Ltd won a ₹171.38 crore IMD order for six S-band Doppler weather radars, AWS, and maintenance, boosting weather surveillance despite recent revenue and profit declines. Shares of Astra Microwave Products Ltd closed 2.63% higher at ₹910 ahead…
Cyient Limited acquires Abu Dhabi and Gulf Computer Est to expand in the Middle East, boosting digital, IoT, and engineering solutions for energy, utilities, transportation and connectivity sectors. Shares of Cyient ended 1.24% higher on Thursday, December 11. The stock…
GAIL India Ltd received a GST demand order of ₹143.08 crore for corporate guarantees lapse. Shares of GAIL (India) Ltd ended higher on Thursday, December 11, by 0.38% at ₹168.66 on the NSE.
The Sensex rose 429 points to end at 84,818, while the Nifty gained 141 points to close at 25,899. Banking and broader markets also participated in the rebound. The Nifty Bank index climbed 249 points to 59,209, and the Midcap…
ANZ’s Dhiraj Nim cautioned that India’s tariff framework and persistent fiscal pressures are shaping a structurally weaker outlook for the rupee, even if early-2026 seasonality delivers a short-lived recovery. He added that foreign investor sentiment is unlikely to improve meaningfully…
On the rupee, Samiran Chakraborty, Chief Economist at Citi India said its depreciation is tied to balance of payments stress rather than valuation or inflation differentials, marking the first instance since 1991 of two consecutive BOP deficits. He expects a…
Zerodha will now release blocked margins for expired equity F&O positions by 4 pm on expiry days, letting traders use those funds in commodity derivatives the same evening, streamlining fund access.
HSBC in a note on the telecom sector on December 5 wrote that Vodafone Idea continues to witness a decline in its subscriber base, which analysts have touted as a key trigger for the company’s sustainability in the long-term.
Sahil Kapoor of DSP Mutual Fund said bonds look attractive as India’s real yields remain strong, with the 10-year G-sec at 6.65% and real yields near 5.4%. He noted that even after adjusting for core inflation below 4%, investors still…