Sebi on Tuesday extended the deadline by six months till October 27 for debenture trustees to comply with the mandate to segregate activities that fall outside the market watchdog’s regulatory ambit.Read More
Concerns that artificial intelligence could erode long-term U.S. corporate growth have renewed scrutiny over how heavily stock valuations rely on profits projected beyond the next decade, especially in software, Goldman Sachs analysts said.Read More
UltraTech Cement reported record quarterly profit and sales growth driven by efficiency gains from integrating India Cements and Kesoram Industries assets, improved margins, and higher realisations, while announcing a ₹240 per share payout and sustained capex-led expansion plans.Read More
Deepak Builders & Engineers approved a 1:10 stock split and raised authorised share capital to Rs 65 crore to enhance liquidity and accessibility. The move reflects efforts to strengthen its capital base and support future growth and investor participation.Read More
The Nasdaq Composite opened lower, lagging behind the S&P 500 and Dow, as investor confidence in the AI boom wavered. Concerns arose after OpenAI reportedly missed user and revenue targets, casting doubt on its ability to fund substantial data center expenditures. This news impacted technology stocks, leading to a significant drop in the Nasdaq.Read More
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