Latest Updates Around The World
The State Bank of India (SBI) on Thursday announced plans to divest a 6.3% stake in its asset management arm, SBI Funds Management Limited (SBIFML), through an initial public offering (IPO).According to the stock exchange filing, the bank will offload 3,20,60,000 shares, representing 6.3007% of the total share capital of SBIFML. The divestment will take […]
Shares of Redington rose as much as 14% to a day’s high of Rs 284 on the NSE on Thursday, November 6, after the technology distributor reported its strongest ever quarterly performance, driven by robust growth across markets and business segments.The company posted consolidated global revenue of Rs 29,118 crore, up 17% year-on-year (year-on-year), while […]
Combining architecture, artistry and ecology, VANAHA brings its nature-first philosophy to life at its retail gallery Pune, Maharashtra, India (NewsVoir)Shapoorji Pallonji Real Estate (SPRE), one of India’s most trusted real estate developers, has unveiled ‘Coexistence with Flora & Fauna’, an immersive, handcrafted mural that celebrates the township’s ‘nature-first’ philosophy and transforms biodiversity into art. The […]
Bajaj Auto is expected to report a healthy set of numbers for the September quarter (Q2FY26), with revenues likely to rise around 12% year-on-year and profit after tax rising 16%, according to the average of six brokerage estimates. Analysts see a combination of higher exports, a richer product mix and currency tailwinds supporting the quarter, […]
Shares of Paytm (One 97 Communications) rose 4.3% to an intraday high of Rs 1,323.10 on the BSE on Thursday, November 6, gaining strength after the stock was added to MSCI’s India Standard Index as part of the November rejig.Global brokerage Citi maintained its buy rating on Paytm with a price target of Rs 1,500 […]
The dollar remained just below multi-month highs on Thursday as a recovery in appetite for riskier assets lifted recent highs, while sterling was under pressure ahead of a Bank of England meeting where investors expect a dovish tone. At $1.1495 against the euro, the dollar is little changed, although it is marginally weaker than Tuesday’s […]
Few small shareholders delve into the legal language of corporate mail-in ballots unless they realize that the resolution could change the fate of the organization and the value of their investments. The long emails describing electronic voting procedures from the company secretary often lie unread in the inbox.An August notice from Hindustan Unilever Limited (HUL), […]
Mahindra & Mahindra (M&M) is likely to sell its entire 3.5% stake in RBL Bank through a block deal worth around $78 million (₹691 crore), marking a complete exit from the private lender.The sale is scheduled for Thursday, with Kotak Securities acting as the sole broker for the transaction, insiders said. The floor price for […]
Sharp declines in technology stock prices are cause for caution but not yet panic, say brokers and investors who have ridden a runaway market to record highs and some stretched valuations. The selling extended into a second day on Wednesday, leaving stock markets in Seoul and Tokyo about 5% below Tuesday morning’s peaks. But both […]
McDonald’s sales rose in the third quarter thanks to Snack Wraps and other value-oriented products. But McDonald’s Chairman and CEO Chris Kempczinski warned Wednesday that consumers in the U.S. and other top international markets remain under economic pressure, a problem he said will persist well into 2026. Concerns about SNfood’s relief benefits and whether the […]
