Kirloskar Oil Engines shares surged to their daily limit following a substantial order from data-centre firm HyperNext for 192 megawatts of power systems. Analysts see this deal as a significant validation of the company’s capabilities, potentially boosting its market share in high-horsepower segments. While near-term gains might be tempered by the recent rally, the stock...Read More

Investors should brace for lower nominal equity returns, according to PPFAS Mutual Fund’s Rajeev Thakkar. While some market excesses have eased, frothy segments still require correction. Thakkar highlights risks in highly competitive sectors like food delivery and discount broking, and defends his fund’s cash holdings as a permissible strategy. He also advocates for global diversification...Read More

Alan Greenspan, former US Federal Reserve chief, has passed away at 100. He steered the American economy through significant events like the 1987 stock market crash and the dot-com bust. While lauded for his steady leadership during economic expansions, he faced criticism for not curbing market excesses before the 2008 financial crisis. Greenspan’s tenure saw...Read More

Binance, the world’s largest crypto exchange, is now requiring Indian users to provide more details for every crypto deposit and withdrawal. This move aims to enhance transaction traceability and address concerns from regulators about potential misuse of virtual digital assets for circumventing foreign exchange rules. The new procedures, effective June 22, 2026, demand information on...Read More

Oil prices saw a slight rebound Tuesday, recovering from Monday’s sharp decline. This uptick follows tempered optimism surrounding U.S.-Iran peace talks and a potential easing of tensions in the Strait of Hormuz. Investors are cautiously awaiting concrete signs of restored crude flow through the vital waterway, with market skepticism remaining due to deep-seated mistrust between...Read More

Ocean cruise operator Waterways Leisure Tourism is set to raise ₹585 crore for expansion and lease payments. Despite operating a single vessel, the company plans to add two more, aiming to boost capacity. However, recent financial reports show declining revenue and profits, with a significant increase in passenger attrition and dependence on Mumbai as a...Read More

India’s state-backed bad bank, NARCL, is set to broaden its acquisition strategy, moving beyond government-guaranteed deals. This expansion into the stressed asset market will include smaller loan portfolios. With improved recovery rates across the industry, NARCL aims to acquire a larger volume of distressed assets, targeting ₹2 lakh crore by March 2026, and may offer...Read More

Sony is making a significant return to the US investment-grade bond market after nearly three decades, with plans for a multi-billion dollar offering. This move comes as companies rush to secure funding amidst expectations of potential interest rate hikes by the Federal Reserve. The tech giant’s decision also reflects a broader trend of Japanese firms...Read More

SpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company’s announcement of its first investment-grade bond sale, signaling a major borrowing effort to fuel its artificial intelligence initiatives. Despite the recent dip, the stock remains above its IPO price, with strong retail investor interest...Read More

India anticipates two massive IPOs: the National Stock Exchange and Mukesh Ambani’s Jio Platforms. Local investor sentiment is crucial, especially after a sluggish market and a depreciating rupee. While both companies boast strong market positions, Jio’s fresh capital raise contrasts with the NSE’s offer-for-sale. The success of these listings hinges on attracting retail buyers and...Read More