EAAA India Alternatives, an arm of Edelweiss Financial Services, has filed preliminary papers with markets regulator Sebi to raise Rs 1,500 crore through an initial public offering (IPO).Read More
Moderna and Merck said on Tuesday their experimental personalized vaccine continued to cut the risk of death or recurrence of the most deadly skin cancer five years after the treatment started.Read More
AU Small Finance Bank reported strong Q3FY26 performance, with profit rising 26% and NII up 16%, supported by higher margins, loan and deposit growth, stable asset quality and improving unsecured portfolio trends, despite higher operating expenses and exceptional provisioning.Read More
Persistent Systems posted steady Q3FY26 growth, with revenue up 17% YoY and PAT rising 18%. Sequential profitability moderated due to labour code impact, while demand for data, cloud, and digital engineering services remained robust.Read More
Adani Power plans to raise Rs 7,500 crore via non-convertible debentures, targeting institutional investors to refinance debt and fund operations. The company operates 18 gigawatts of thermal capacity and aims to expand to 42 gigawatts by 2032.Read More
Wall Street’s main indexes opened sharply lower on Tuesday, as investors were spooked by renewed tariff threats from President Donald Trump against Europe over control of Greenland.Read More
The Elara-owned Oyster Bay Fund borrowed from Nomura to make leveraged bets on Adani Enterprises and Adani Ports. Those positions collapsed after Hindenburg Research’s January 2023 report accused the Adani Group of “brazen stock manipulation” and suggested Elara-linked funds were involved, according to High Court filings.Read More
Gold surged past the Rs 1.5 lakh mark for the first time as geopolitical tensions, tariff threats, strong investor demand, central bank buying, de-dollarisation trends, and rupee weakness combined to drive prices sharply higher in 2026.Read More
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