Latest Updates Around The World
Indian household wealth in gold has exploded to an estimated $3.8 trillion, following a spectacular 62% rally by 2025, pushing the value of the country’s private gold to nearly 89% of GDP. This is a stunning testament to the metal’s enduring grip on household balance sheets and its growing role as a store of wealth […]
Tata Consultancy Services (TCS) is doubling down on its artificial intelligence (AI)-based transformation strategy and expanding into adjacent areas such as data centers and sovereign cloud infrastructure. Company leadership says this multi-pronged approach will position TCS as the world’s largest AI-led technology services provider in the coming years. In an interaction with ET Now, K […]
Indian benchmark indices Sensex and Nifty advanced on Friday, lifted by gains in financial heavyweights on renewed inflows from foreign portfolio investors (FPIs) over the past three sessions. Optimism ahead of the quarterly earnings season added to the upbeat mood, although Tata Consultancy Services (TCS) limited broader gains after posting weaker-than-expected September quarter results. The […]
The rupee appreciated 10 paise to close at 88.69 (provisional) against the US dollar on Friday, thanks to strength in domestic markets and general weakness in crude oil prices. Forex traders said the rupee rose on strong domestic markets and a decline in commodity prices. Central bank intervention also supported the domestic currency. However, a […]
Integris Medtech, India’s second largest diversified medical technology platform by operating revenue in FY25, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO) worth Rs 925 crore. The IPO will consist of a fresh issue of shares aggregating Rs 925 […]
Vijay Kedia-backed Eimco Elecon shares have fallen 15% in just two sessions after the Gujarat-based company reported poor second-quarter numbers, witnessing a sharp decline in net profit and revenue on a year-on-year and sequential basis. The smallcap company, which was added to Kedia’s portfolio in September, reported a 59% decline in profit after tax (PAT) […]
Canara HSBC Life Insurance Company has allotted 7,07,85,000 equity shares to ‘anchor investors’, of which 4,26,93,840 equity shares (i.e. 60.31% of the total allocation to anchor investors) were allotted to eight domestic mutual funds, applying through a total of 18 schemes. The company raised Rs 750.32 crore from anchor investors by allotting shares at the […]
Shares of Tata Communications rose as much as 14.8% to Rs 1,948 on Friday, making them among the top gainers on the NSE, as investors piled into heavy volumes amid growing optimism around the stock. The rally marks a gain of almost 21% over the past six sessions. The trading momentum was evident with 35.86 […]
Bitcoin continued to fluctuate between $120,000 and $126,000, trading at $121,410 on Friday after a strong rally. Meanwhile, Ethereum fell more than 2% in the past 24 hours to trade at $4,357. As of 11:01 AM IST, Ethereum was down 2.25% to $4,353. Other major tokens including BNB, XRP, Solana, Dogecoin, Tron, Cardano and Hyperliquid […]
