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Adobe’s ​battered shares fell another 6% ​on Friday as news that the Photoshop maker’s long-time CEO ​will step down cast fresh doubts over its strategy to battle mounting AI competition.
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World markets, rocked by a Middle East war that could trigger ​another inflationary shock, are looking back at the play book from Russia’s invasion of Ukraine in 2022 for clues on what’s next.
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The US Federal Reserve’s preferred inflation gauge came in slightly lower than expected in January, registering 2.8 percent growth over a year ago, according to data released Friday ahead of a key central bank rate-setting meeting next week.
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Radhakishan Damani sold 16 lakh shares worth ₹52 crore in Tata Motors Passenger Vehicles through a block deal with Derive Trading and Resorts Private Limited. The sale comes as the stock has plunged over 50% in a year amid weak earnings and a cyber incident impact.
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India’s market regulator Sebi fined Anand Rathi Share and Stock Brokers ₹10 lakh after inspections found multiple regulatory violations, including delayed glitch reporting, excessive capacity utilisation, weak password policies, patch management failures and inadequate data leakage prevention systems during 2023–2024.
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