Online travel platform MakeMyTrip is reportedly considering a Mumbai listing by the first quarter of 2027, engaging Axis Capital, Morgan Stanley, and JPMorgan as advisors. This move aims to access domestic capital and provide Indian-listed equity for growth initiatives. The company’s Nasdaq shares have seen a significant decline over the past year.Read More
FIIs and mutual funds raised stakes in 10 fast-rising microcaps from the Nifty 250 Microcap index, with stocks delivering up to 75% returns in six months.Read More
ITC and Godfrey Phillips India shares jumped up to 7% on Wednesday after a report said both companies may raise cigarette prices by as much as 17% in May. The hike follows higher excise duties implemented earlier this year. Investor sentiment improved as the companies continue passing on increased costs to consumers.Read More
Piccadily Agro Industries Ltd, maker of single malt whisky Indri and Camikara Rum, has reported a 13.6 per cent increase in its net profit to Rs 45.22 crore for the March quarter of FY26 on a year-on-year basis, driven by its premium alchoBev portfolio.Read More
Oil prices rose nearly 3% on Wednesday, with the Brent contract hitting a one-month high, on media reports the U.S. will extend its blockade of Iranian ports, likely prolonging supply disruptions from the key Middle East producing region.Read More
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