Kotak Mahindra Bank and Federal Bank are negotiating to buy Deutsche Bank’s India retail and wealth portfolios as the German lender seeks a full exit. Talks focus on valuation and loan bundle details.Read More

On Wednesday, Nvidia provided a reminder of just how much the world craves those chips. The company said that in its most recent quarter, its profit was $31.9 billion, up 65% from a year ago and 245% from the year before that. Among the tech industry’s giants, only Google’s parent company, Alphabet, made more money...Read More

The results calmed – at least temporarily – investor nerves frayed over concerns that an AI boom has outrun fundamentals. Global markets have looked to the chip designer to determine whether investing billions of dollars in AI infrastructure expansion has resulted in an AI bubble.Read More

Power Grid Corporation of India has barred KEC International from tenders for nine months, potentially costing KECIL over ₹1,500 crore in orders and impacting FY27 EPS by 2%. While ongoing PGCIL projects remain unaffected, KECIL is exploring legal options and seeking reconsideration of the decision.Read More

Investors are finding it tough to pick winning stocks in India. Many companies are trading at very high prices compared to their earnings. This trend means fewer stocks are considered good value. Experts caution that this situation might not last. The market could see a correction, though the timing remains unknown. Investors are advised to...Read More

Federal Bank shareholders have given the green light to Blackstone’s significant investment. The global private equity firm will acquire a 9.99% ownership in the bank for ₹6,197 crore. Blackstone will also gain the right to nominate a non-executive director to the bank’s board. Shareholders also approved revised remuneration for key management personnel.Read More

Major block deals took place on D-Street involving Reliance Industries, HDFC Bank, and Apollo Hospitals. Goldman Sachs sold shares in RIL and HDFC Bank. BofA offloaded Apollo Hospitals shares. Blue Pearl Map I LP and Kadensa Master Fund were buyers. IT and financial stocks boosted the Nifty and Sensex.Read More

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Indian markets recovered from early losses as renewed foreign inflows and strong IT stocks, led by Infosys, boosted the Sensex and Nifty. Optimism over an India–U.S. trade deal, supportive global cues and technical strength improved sentiment, though broader market breadth remained weak.Read More

Nvidia’s quarterly earnings will dominate Wall Street as analysts expect strong revenue and EPS growth. While AI optimism is high, experts warn that much of the good news may already be priced in, increasing downside risk if guidance disappoints.Nvidia’s quarterly earnings will dominate Wall Street as analysts expect strong revenue and EPS growth. While AI...Read More