Kotak Mahindra Bank will acquire Deutsche Bank India’s retail banking, private banking and wealth management business, adding a sizeable loan book, deposits, assets under management and customers. The deal is expected to strengthen Kotak’s affluent banking franchise while supporting Deutsche Bank’s strategy to focus on its core businesses.Read More

KPIT Technologies shares plunged 10% after the company warned of a revenue drop in Q1 FY27, citing unexpected actions from European automakers. While short-term performance is expected to be weak, KPIT remains optimistic about long-term growth driven by outsourcing and automation. The company anticipates a strong rebound in the second half of FY27, building a...Read More

President Trump’s latest financial disclosures reveal over $1.4 billion in income from crypto ventures last year, a significant surge from previous filings. His companies reportedly earned nearly $800 million from World Liberty Financial, a crypto firm he co-founded, alongside $635 million from Trump meme coins. This highlights a dramatic shift in his financial portfolio, with...Read More

Japanese government bond yields climbed Wednesday, with longer-term rates nearing a month’s peak. A weakening yen and concerns over government spending are impacting market sentiment. While the Bank of Japan’s stance suggests stable long-term rates, uncertainty surrounding a potential supplementary budget introduces near-term upward pressure on yields. Higher U.S. Treasury yields also contribute to this...Read More

Three Nifty500 stocks, Cochin Shipyard, Solar Industries India and CreditAccess Grameen, formed the bullish White Marubozu pattern on June 30, signalling strong buying interest and positive momentum for traders.Read More

Despite recent flat equity returns and rupee depreciation, India’s long-term growth story remains robust, according to Sanctum Wealth’s Shiv Gupta. He advises NRIs to maintain their India allocation, highlighting financialization and manufacturing as key drivers. Gupta emphasizes understanding India’s role within a global portfolio and evaluating returns based on long-term earnings growth rather than short-term...Read More

Bitcoin has plunged to a 21-month low, driven by anticipated interest rate hikes and worries over a major corporate buyer’s shifting strategy. Investors are pulling funds from Bitcoin ETFs as the US dollar strengthens. Concerns are mounting that MicroStrategy, a significant Bitcoin holder, might reduce its holdings, adding to the downward pressure on the cryptocurrency,...Read More

India’s top IT firms, including TCS and Infosys, have seen their market value plummet by at least 50% from peak levels, erasing nearly Rs 19.28 lakh crore. This brutal correction is fueled by macroeconomic stress in North America and the disruptive potential of generative AI. Analysts warn of further de-rating as the sector grapples with...Read More

Cupid shares gained 2% as the company anticipates a record Q1 FY27 revenue exceeding Rs 150 crore. Buoyed by strong market visibility, Cupid has boosted its FY27 revenue forecast to over Rs 660 crore. This optimistic outlook is fueled by diversified business, expanding global opportunities in healthcare, and growth in its condom and lubricant portfolios....Read More

Railtel Corporation of India is in focus after securing a significant Rs 107.61 crore order from Mahanadi Coalfields for an MPLS VPN network. This follows a Rs 13.60 crore deal with Thane Municipal Corporation for a citizen engagement platform and a Rs 27.06 crore order for the Goa Labour Welfare Board. The company’s recent quarterly...Read More