SpaceX eyes June IPO at $2 trillion valuation, Nasdaq rule changes on float and fast entry aim to limit impact on index weights and reduce volatility for tech megacaps
White House seeks $1.5 trillion 2027 defence budget with $63 billion for drones, boosting firms like AeroVironment, Ondas, Karman and Amprius per Needham analyst
Sources have told CNBC-TV18 that the exchange is likely to file its draft red herring prospectus (DRHP) before the end of June this year, with preparatory work currently underway.
Retail investor stake in Rain Industries has largely remained constant during the March quarter at 23.42% from 23.34% earlier. The absolute number has seen a marginal drop from 1.91 lakh to 1.87 lakh at the end of March.
World Bank lifts India’s FY27 growth forecast to 6.6%, sees GST cuts boosting demand but warns West Asia conflict and high energy prices may slow growth
Info Edge said that geopolitical tensions directly impacted its Naukri Gulf business and also had a spillover effect on the India recruitment segment.
Indian rupee opens at 92.66 per dollar, slightly weaker as West Asia ceasefire uncertainty lifts oil prices, risk sentiment turns cautious, Asian currencies and US futures slip.
Nexus Venture and GQG Partners sold their respective stakes in Delhivery and ITC Hotels respectively. Both still continue to hold stake in their respective holdings.
Over the last five years, shareholders of TCS have received dividends worth ₹457 per share. During this period, the company also carried out a share buyback in 2022 and 2023.
JPMorgan said that while the risk of supply disruptions appears to be easing, commodity inflation is likely to weigh on the sector in the first quarter of financial year 2027 and beyond.