Markets are holding steady ahead of the Federal Reserve’s interest rate decision on Wednesday. Investors are anticipating a 25 basis point rate cut. Recent US data on consumer confidence and private payrolls showed minimal impact on Treasury yields. Attention is also on how the Fed will consider the US government shutdown’s economic effects.Read More

Orkla India secured Rs 500 crore from anchor investors. This precedes its Rs 1,667 crore Initial Public Offering opening on October 29. The company, known for MTR and Eastern brands, is offering shares through a complete Offer for Sale. Promoters and other shareholders are divesting stakes. Orkla India will list on November 6.Read More

A technical glitch forced MCX to delay market opening and shift operations to its Disaster Recovery site. The exchange launched an investigation to identify the cause and promised corrective action. MCX shares fell 2% amid investor concern over recurring system issuesRead More

The company had clocked a net profit of Rs 860.47 crore in the July-September period of the preceding 2024-25 financial year, the Naveen Jindal Group entity said in an exchange filing.However, the company’s total income rose to Rs 11,707.82 crore from Rs 11,248.14 crore in the second quarter a year agoRead More

Advent International’s affiliate Jomei Investments has divested its entire 2% equity stake in Aditya Birla Capital for approximately $186.47 million. The sale of 53.2 million shares occurred at a slight discount to the previous day’s closing price. This follows a previous sale of a 1.4% stake by Advent International in June.Read More

India’s market regulator Securities and Exchange Board of India (SEBI) issued an order late on OctRead More

Emirates NBD, Dubai’s largest bank, launched an open offer to acquire 26% of RBL Bank at ₹280 per share, following its ₹26,853 crore strategic investment. The combined ₹38,000 crore deal marks India’s biggest FDI in financial services and a historic foreign acquisition of a private lender.Read More

Adani Total Gas Ltd, the city gas joint venture between Adani Group and TotalEnergies of France, on Tuesday reported a 9 per cent fall in its September quarter net profit on a rise in input gas prices.Read More

Non-bank lender Mahindra and Mahindra Financial Services on Tuesday reported a 45 per cent increase in its September quarter consolidated net profit at Rs 566 crore.Read More

Apple has crossed a significant milestone, reaching over four trillion dollars in market value. This achievement comes as demand for its new iPhone models surges. The company’s shares have seen a strong rebound this year. Despite concerns about its progress in artificial intelligence, Apple’s latest iPhones are performing well.Read More