The U.S. initial public offering of Bill Ackman’s investment management company and a closed-end fund is expected to raise about $5 billion, a source familiar with the matter told Reuters on Monday.Read More
The Nifty 50 rebounded, ending its losing streak amid broad-based buying led by pharma, IT and metals. Analysts see resistance ahead but recommend Varun Beverages and JSW Energy for potential upside on bullish technical indicators.Read More
National Stock Exchange crossed 13 crore investors, reflecting rapid retail participation growth driven by digital access, awareness and policy support. Expansion is broad-based across regions, with rising SIP inflows and diversification, signalling deeper market penetration and a more inclusive investment ecosystem.Read More
The Nifty 50 and BSE Sensex rebounded on broad-based buying led by pharma, IT, auto and metals. Volatility eased, while analysts signalled resistance ahead, suggesting a range-bound trend with stock-specific opportunities amid global uncertainty.Read More
Tamilnad Mercantile Bank reported a 28% rise in Q4 profit driven by strong business growth, higher income and improved margins. Advances and deposits grew steadily, while asset quality strengthened, reflecting robust operational performance and sustained expansion across lending and deposit segments.Read More
Coal India reported a 12% rise in Q4 profit driven by better realizations and higher income, despite cost pressures. Margins improved, though volumes stayed flat. The company also announced a final dividend, while annual profit declined due to elevated expenses.Read More
Adani Total Gas reported modest profit growth in Q4FY26, supported by higher volumes and revenue expansion. Rising gas costs and reduced APM allocation impacted margins, while the company maintained growth through calibrated pricing, diversified sourcing, and continued infrastructure expansion initiatives.Read More
Domino’s Pizza forecast weak annual U.S. same-store sales growth on Monday, citing pressured consumer sentiment and intensifying competition, sending the pizza chain operator’s shares sliding 10% in early trading.Read More
India’s Acko Insurance is targeting a valuation of between $2 billion and $2.5 billion in its planned initial public offering and is eyeing a listing in early 2027, two people familiar with the matter said.Read More
Canada will set up a sovereign wealth fund with an initial endowment of C$25 billion ($18.38 billion) to invest in major domestic projects, Prime Minister Mark Carney told reporters on Monday.Read More
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