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ICICI Prudential AMC CEO Nimesh Shah says the AMC will remain a subsidiary of ICICI, with Prudential alone trimming its stake through the OFS as part of Sebi’s public-float rules. Shah highlights the AMC’s profit-focused model, strong SIP-led retail flows, rising investor maturity, and the growing shift from traditional savings to market-linked products, supporting long-term growth momentum.Read More

Welspun Corp’s associate, East Pipes Integrated Company (EPIC), secured a significant 485 million SAR steel pipe order from the Saudi Water Authority. This deal, valued at approximately Rs 1,165 crore, will impact WCL’s financials in Q4 FY2025-26 and Q1 FY2026-27.Read More

HCL Technologies said it has entered a strategic partnership with France-based Dolphin Semiconductor to co-develop energy-efficient chips. The collaboration will integrate Dolphin’s low-power semiconductor IP into HCLTech’s silicon design workflows to build high-efficiency system-on-chip solutions. HCLTech executives said the move aligns with rising demand for sustainable, high-performance computing as AI workloads expand. Dolphin Semiconductor said the partnership will extend the reach of its low-power technology...Read More

Trent’s stock faces a sharp decline, becoming the worst performer in the Nifty50. Aggressive store expansion has led to cannibalization, while a consumption slowdown and rising competition impact Zudio’s dominance. Despite headwinds, some analysts remain optimistic about long-term recovery and valuation.Read More

GMR Airports is preparing to issue its longest-ever 15-year bonds, aiming to raise approximately 22 billion rupees ($245 million) by month-end. The funds will be utilized to refinance debt for GMR Hyderabad International and for general corporate needs. This move aligns with the company’s strategy to replace expensive foreign-currency borrowings with cheaper local debt.Read More