Latest Updates Around The World
FILE PHOTO: FILE PHOTO: Reserve Bank of India (RBI) Governor Sanjay Malhotra | Photo credit: HEMANSHI KAMANI Even with the Reserve Bank of India cutting the repo rate by 25 basis points on Friday, banks are unlikely to aggressively cut term deposits and marginal cost of funds-based lending rate (MCLR), senior bankers say. Intense competition […]
When monetary easing occurs, corporate bond yields are expected to fall as demand for the existing bonds issued at higher coupon rates is likely to rise, causing yields to fall. Furthermore, the issuance of new bonds is expected to accelerate as the liquidity situation improves and financing costs decline.It is striking that it has many […]
The value of new business (VNB) margins may come under pressure in the short term due to the loss of tax credit, due to the GST exemption, before improving in the medium term. According to rating agency ICRA, the individual new business premium (NBP) for the life insurance sector is likely to grow at around […]
Bank of America (BofA) on Thursday bought over 5.62 lakh shares worth Rs 13 crore in smallcap stocks EPack Prefab Technologies in a bulk deal. The stock was bought through its subsidiary BofA Securities Europe SA at a price of Rs 233.82 per piece, which is a 15% premium over the last closing price of […]
Shares of Epack Prefab Technologies are expected to remain in focus on Thursday, October 23, after the company reported a strong set of numbers for the second quarter of 2026, highlighting robust growth across both business sectors. The company posted a 104.2% year-on-year increase in net profit to Rs 29.5 crore, compared to Rs 14.4 […]
Mumbai: Torrent Pharmaceuticals is preparing a ₹14,000 crore bond sale to fund its bid for JB Chemicals & Pharmaceuticals, people familiar with the matter told ET. This is one of the largest sponsor-funded financings in the Indian pharmaceutical sector this year. Ahmedabad-based Torrent is in talks with HSBC, Standard Chartered Bank and Barclays for the […]
Shares of Orient Technologies rose 18% on the back of strong volume structure and crazy buy at lower levels on Friday. The share has set 21% in the last 5 days. Orient Technologies, seen as a proxy play for data center and IT infrastructure themes, has been in a long consolidation in recent months after […]
In the past two years, investors have witnessed a wave of flexible workspace providers who enter the capital markets. From AWFIS room to Indiqube and SmartWorks, a series of operators has launched IPOs, driven by a structural bullish outlook for new-age workplaces. Wework India is the last to participate in this trend with an RS […]
Kolkata: Microfinance company remained a major resistance to the performance of small financial banks, in particular ESAF, Suryoday and Utkarsh, with about one fifth of their microloan books under stress, even if new loans were paid this year, a better repayment record. This could weigh on the profitability of banks, in particular ESAF and Utkarsh […]
The sale of two-wheelers in India will grow an estimated 6-9 percent in FY26 compared to the previous tax, driving on the recent GST speed reduction, which is expected to support affordability and stimulates demand, in addition to stage, urban recovery and the country of ICRA. Tuesday. Domestic wholesale volumes grew by 7.2 percent on […]
