Godrej Properties Ltd’s promoters have increased their stake in the company by 5 per cent this fiscal through purchases of public shares worth Rs 2,674 crore in the open market, as they are bullish on the growth prospects amid robust demand for residential properties and a strong launch pipeline.Read More
Indian government bonds came under heavy selling pressure this week as oil prices soared, though the benchmark 10-year bond showed resilience, supported by likely robust purchases by the central bank.Read More
India’s National Bank for Agriculture and Rural Development (NABARD) plans to raise 80 billion rupees ($866.12 million) through the sale of bonds maturing in three years and four months, three bankers said on Friday.Read More
Adobe’s stock dropped significantly following the announcement of CEO Shantanu Narayen’s retirement. This leadership change comes as the company navigates the evolving landscape of AI in software. Investors are watching closely to see how Adobe adapts to these technological shifts.Read More
Indian equities are suffering their worst month since the Covid crash as the Iran war, $100 crude and heavy FII selling hammer sentiment. Despite the slide, fund houses like Bajaj Finserv AMC and Axis Mutual Fund say strong earnings and resilient fundamentals in India may steady markets once geopolitics stabilise.Read More
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