Latest Updates Around The World
Bajaj Auto on Thursday said it has applied through its wholly owned subsidiary to acquire 24,000 shares of Pierer Bajaj AG for 24.32 million euros (about Rs 248 crore).Bajaj Auto International Holdings BV (BAIH) intends to acquire all 50,100 shares of Pierer Industrie AG (PIAG) in Pierer Bajaj AG (PBAG). PBAG has a nearly 75 […]
Real estate developer Godrej Properties has registered a 21% year-on-year increase in net profit at Rs 405 crore for the quarter ended September 2025, its highest ever performance in the second quarter.The company’s booking value grew 64% year-on-year to Rs 8,505 crore during the quarter, helped by sales of 4,522 residential properties covering a total […]
Infosys, India’s second largest IT services company, has set November 14 as a record date for share buyback worth Rs 18,000 crore. The buyback proposal was approved by shareholders with an overwhelming majority of 98.81%.This is the company’s second proposal since 2022 and the largest in its history. The board had approved the proposal on […]
Apollo Hospitals Enterprise reported another strong quarter of growth, with consolidated profit after tax (PAT) rising 26% year-on-year to Rs 477 crore in the September quarter (Q2FY26), driven by broad expansion in healthcare, diagnostics and digital healthcare.The company’s consolidated revenue grew 13% year-on-year to Rs 6,304 crore, supported by steady patient volumes and margin improvement […]
Hello and welcome to ET Market Watch, your daily snapshot of market sentiment and the stories that move your money. I’m Neha Vashishth from The Economic Times.Indian markets took a breather today, ending lower for the second straight session as investors took a break from October’s sharp rally. Losses in financial and metal stocks pushed […]
Singapore Telecommunications Ltd (Singtel) will reportedly offload about 0.8% stake in Bharti Airtel through a block deal worth Rs 10,300 crore. The deal has a minimum price of Rs 2,030 per share, which reflects a discount of 3.1% to Bharti Airtel’s last closing price.The stake sale is likely part of Singtel’s ongoing efforts to restructure […]
State-owned insurer Life Insurance Corporation of India (LIC) on Thursday reported 31% year-on-year growth in its consolidated net profit in the second quarter at Rs 10,098 crore, compared to Rs 7,728 crore in the same period a year ago. The company’s net premium income in the quarter stood at Rs 1,26,930 crore, up 5.5% from […]
Michael Burry, the investor immortalized by The big short one for predicting the 2008 housing market collapse has once again roiled global markets. His fund, Scion Asset Management, has taken a bearish position on Nvidia and Palantir, two of the biggest symbols of the ongoing artificial intelligence (AI) boom, according to a CNN report. Scion […]
India’s Goswami Infratech, part of the Shapoorji Pallonji Group (SP Group), will complete a bond issue before the end of January to refinance existing loans, three bankers aware of the matter said on Thursday. The real estate and civil engineering company is preparing to raise about 250 billion rupees ($2.84 billion) through a two-year zero-coupon […]
