BPCL signs pact to acquire 40% stake in Tiki Tar-Shell India JV
BPCL has signed an agreement to acquire a 40% stake in the Tiki Tar-Shell India joint venture for ₹85 crore, expanding its presence in the bitumen and infrastructure materials business.
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Sensex falls 372 points, Nifty slips below 23,950: What dragged the stock market lower today?
The Sensex fell 372 points to close at 76,728, while the Nifty declined 110 points to end at 23,946, slipping below the 23,950 mark. The Nifty Bank index underperformed, dropping 450 points to 57,727, while the Nifty Midcap index lost…
IIFCL plans $1 billion loan; in talks for $400 million ADB funding
IIFCL plans a $1 billion 15 year foreign loan under 7%, seeks a 400 million dollar 20 year ADB loan, and may issue a $100 million bond by year-end.
SBI Securities prefers HDFC Bank, sees long-term upside in metals
Sunny Agarwal, Head Fundamental Research, Retail Desk at SBI Securities, remains positive on private banks, preferring HDFC Bank over Kotak Mahindra Bank after the lender received a clean legal review. He says Persistent Systems’ acquisition benefits may take up to…
British American Tobacco job cuts, outsourcing to hit 20% of staff by year-end
British American Tobacco will cut 5,500 jobs and outsource 3,500 by year end, targeting 600 million pounds in savings as it shifts from cigarettes to smoke free products
Dividend Alert | HAL announces ₹10 final payout for FY26; check record date
HAL has recommended a final dividend for FY26 and fixed August 14 as the record date. The announcement comes after the defence major delivered a strong Q4 earnings performance.
Here’s why Vodafone Idea shares will be in focus in the last 60 minutes of trade today
Vodafone Idea shares are likely to see flows worth $25 million for 164.3 million shares in the Nifty 200 Momentum 30 index, $5 million or 33.9 million shares in the Nifty 500 Momentum 50 Index.
Vedanta shares may rise 17% as per Investec; company outlines plans for key businesses
The brokerage said management outlined its long-term strategy for Zinc International and its Saudi Arabia copper portfolio during the analyst meet.
This Tata Group stock could re-rate only on the back of these two factors, Motilal Oswal says
Tata Capital has displayed disciplined cost control measures via digital initiatives, process improvements and branch-level productivity. As new branches scale and technology matures, its productivity gains are expected to enhance efficiency, Motilal Oswal said.
Foreign investors could return to India if earnings improve, rupee stays stable: Emmer Capital
Manishi Raychaudhuri, Chief Executive Officer of Emmer Capital Partners, highlighted AI spending concerns, higher US interest rates and a stronger dollar as the key factors driving volatility across Asian markets, while stressing the need for more job creation in India.