Astra Microwave Products is planning a demerger. Its space, meteorology, and hydrology business will become a new company called Astra Space Technologies Private Limited. This move aims for sharper management focus and better operational efficiency. Shareholders can expect value unlocking. The company expects to complete this by the first quarter of FY28.Read More

The Indian rupee strengthened in ​February to log its ​first monthly rise since April 2025 as a pick-up ​in foreign portfolio inflows and the announcement of a U.S. trade deal eased pressure on the emerging market laggard.Read More

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India’s steel market has reversed course. Hot-rolled coil prices have risen significantly. This surge is driven by higher raw material costs, a government safeguard duty on imports, and strong infrastructure demand. Experts believe these factors will support prices in the near term. Demand is expected to grow, and producers’ margins are improving. The outlook for...Read More

Shares of Block jumped over 20% after Jack Dorsey announced strong Q4 profits and plans to cut 4,000 jobs, citing rising AI-driven efficiency. Markets rewarded the structural cost reset, highlighting how investors increasingly favour productivity gains from artificial intelligence over workforce size, despite concerns around social and organisational impact.Read More

Realty firm Brigade Group has tied up with Primus Senior Living to develop three housing projects in South India for elderly people with an estimated revenue of Rs 750 crore.Read More

Nifty and Sensex tumbled sharply amid broad-based selling in auto, financial and FMCG stocks. Several counters including XTGlobal Infotech and Tejas Networks rallied, even as others declined on regulatory and deal-driven triggers.Read More

Indian vaccine developer Bharat Biotech International Ltd. is considering an initial public offering that may raise more than $500 million, according to people familiar with the matter.Read More

Amid fears that artificial intelligence is just a bubble ready to be popped, billionaire investor Howard Marks said that it is very real and capable of doing a lot of work. However, he remains inconclusive regarding whether investing in AI will be profitable.Read More

Indian stock markets faced a turbulent week. The Nifty index dropped below 25,300, a key support level. Bank Nifty also weakened, adding to market concerns. Experts suggest this indicates a potential for further declines in the short term. Investors are advised to be cautious and selective in their approach.Read More