Moody’s Ratings on Tuesday revised its outlook on U.S. business development companies (BDCs) to negative from stable, citing rising redemption pressures, higher leverage and weakening access to funding markets.Read More
Maharashtra’s state-owned power distribution firm will be split into two entities under a financial restructuring plan approved by the state cabinet on Tuesday and one of it will be listed on bourses after an IPO is launched within six to nine months of the recast process.Read More
Bill Ackman’s Pershing Square proposed a deal on Tuesday to merge Universal Music Group with its investment fund under a plan to revive the world’s biggest music label’s value with a listing in the United States.Read More
Nifty extended gains for a fourth session, confirming a breakout and positive near-term trend above key moving averages. Analysts highlight resistance at 23,200 and volatility risks from Middle East tensions, while recommending four stocks showing bullish patterns, momentum strength, and upside potential in coming weeks.Read More
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