Sandeep Ghosh, Visa’s India and South Asia head, is stepping down after more than four years to pursue an external opportunity. His departure occurs as the payments company intensifies its focus on digital payments and regional partnerships. A successor has been identified and will be announced shortly to ensure a seamless transition.Read More

Aurobindo Pharma stock is performing well. Sales in Europe are improving. New products are launching in the US. The company is also developing weight loss drugs. Future growth will come from more product launches and a recent acquisition. Backward integration projects are also boosting profitability. The company expects strong earnings growth.Read More

Oil prices plunged and stocks surged Wednesday following a two-week ceasefire in the Middle East. U.S. President Trump announced an agreement to suspend attacks on Iran, easing fears of a prolonged conflict that had disrupted oil and gas flows through the Strait of Hormuz. Markets reacted positively to the potential for renewed energy transit and...Read More

Oil prices saw a sharp fall after US President Donald Trump announced a ceasefire with Iran. The deal hinges on Iran reopening the Strait of Hormuz. This development follows a period of heightened tensions and threats. Iran has stated its willingness to ensure safe passage for two weeks. Negotiations for a long-term peace agreement are...Read More

The Securities and Exchange Board of India (Sebi) has granted a one-time extension for observation letters of public issue companies, valid until September 30, 2026. This move aims to ease fundraising pressures amid geopolitical tensions and market volatility, allowing companies to avoid regulatory duplication and recalibrate issuance plans.Read More

Foreign investors have sold Indian bonds worth over ₹8,000 crore. This follows Reserve Bank of India curbs on speculative rupee trading. These actions have significantly increased hedging costs for investors. Consequently, Indian bond yields have also risen. The selling pressure has been substantial, with daily outflows accelerating after the RBI’s measures were implemented.Read More