Earlier in February, Shriram Finance had received confirmation from the Reserve Bank of India (RBI) that Japan’s MUFG Bank does not require prior approval for the proposed transaction.
A sustained rally in the secondary market may enthuse companies waiting to IPO. However, investors scarred by past IPOs may need more assurance.
P N Gadgil Jewellers shares rose after Q4 revenue jumped 124% to ₹3,552 crore, FY26 sales hit ₹10,744 crore, firm plans 25 new stores and targets ₹13,500 crore revenue in FY27.
Two weeks ago, L&T had given an update regarding its 100 operating sites in the Gulf region in all segments. As much as 95% of these sites were business as usual, while 5% of them were suspended or disrupted.
US judge grants Gautam Adani a hearing on his bid to dismiss SEC fraud case over alleged 250 million dollar India bribery scheme, Adani disputes jurisdiction and evidence
Antony Waste unit Antony Lara to sell 25% stakes in two Andhra Pradesh waste to energy SPVs to Japans JFE for up to ¥750 million, Antony Waste shares rise more than 6%.
Matt Orton, Chief Market Strategist, Raymond James Investment, said markets are seeing a relief-driven rebound, with investors deploying cash selectively. Oil remains a key risk due to supply disruptions and uncertainty around shipping routes. Ed Yardeni, President, Yardeni Research, expects…
Barring L&T, which was the worst-performing largecap stocks in the past month, the other stocks that have exposure to West Asia such as KEC International, Kalpataru Projects, KRBL and VA Tech Wabag, have risen marginally to up to nearly 7%…
Rupee strengthens to 92.64 per dollar before RBI decision, helped by lower oil prices, global equity rally and Iran ceasefire easing Hormuz disruption fears.
The Bajaj Finance stock is also among the top gainers on the Nifty 50 index today and has moved back above ₹900 after nearly a month.