The Singapore government and HDFC Mutual Fund on Friday acquired promoter stakes worth Rs 1,485 crore and Rs 1,100 crore in Vishal Mega Mart, respectively, through separate bulk deals. The Monetary Authority of Singapore also emerged as a major buyer, buying shares worth Rs 858 crore in the supermarket-to-fashion retailer.Promoter entity Samayat Services LLP has […]
CoreWeave said it expects capital expenditures of between $30 billion and $35 billion in 2026, sharply higher than the $14.9 billion it spent in 2025. Shares of CoreWeave fell more than 8 percent in after-hours trading on Thursday after the Nvidia-backed AI cloud infrastructure company unveiled plans to nearly double capital spending this year even […]
Indian automaker Mahindra & Mahindra plans to expand capacity for its sports utility vehicles and electric vehicles this year to meet rising demand, helping the company post a nearly 33% quarter-on-quarter profit increase on Wednesday.The Mumbai-based company is India’s second-largest automaker by revenue, with a portfolio made up entirely of feature-rich SUVs.Mahindra plans to increase […]
Europe’s benchmark stock index was subdued on Tuesday as BP shares fell after the energy giant suspended share buybacks, while gains in luxury stocks after a better-than-expected earnings update from Kering limited declines.The pan-European STOXX 600 index was flat at 621.28 points at 0815 GMT, just a hair away from an all-time intra-day high. BP […]
Real estate firm Signature Global has posted a consolidated net loss of Rs 45.33 crore in the quarter ended December on lower revenues.The company had posted a net profit of Rs 29.13 crore in the year-ago period. Total income fell to Rs 312.76 crore during October-December period of this fiscal from Rs 862.14 crore in […]