The Reserve Bank of India has postponed new acquisition finance rules. The implementation is now set for July 1, 2026. This decision follows feedback from stakeholders. The central bank also updated its capital market exposures framework. These changes aim to clarify lending for mergers and acquisitions. The RBI is refining guidelines for domestic lenders.Read More
Jio Financial Services and BHEL saw significant block deals today as global financial giants traded shares. Morgan Stanley offloaded stakes in both companies, with Goldman Sachs acquiring positions. Other block deals involved BNP Paribas transacting across Siemens Energy India, GMR Airports, LG Electronics India, and Max Healthcare Institute.Read More
BNP Paribas executed block deals in Siemens Energy India, GMR Airports, LG Electronics India and Max Healthcare. Despite institutional buying, all stocks declined, reflecting broader market weakness, profit booking and cautious sentiment across equities during the trading session.Read More
Federal Reserve Chair Jerome Powell on Monday said the U.S. central bank can wait to see how the Iran war affects the economy and inflation, noting that policymakers typically look through shocks such as those from higher oil prices.Read More
Viridian Therapeutics shares slumped 34% to an eight-month low on Monday after its experimental treatment for thyroid eye disease lagged rivals in efficacy in a late-stage study, even as it met the main goal of reducing eye bulging.Read More
Precision-engineered components manufacturer Elmet Group on Monday revealed higher revenue for 2025 in its filing for an initial public offering in the United States, as it looks to tap investor interest in defense-linked businesses.Read More
Sysco said on Monday it would buy catering supplier Jetro Restaurant Depot in a $29 billion deal, including debt, expanding the top U.S. food distributor’s reach among price-conscious independent restaurants.Read More
The U.S. Food and Drug Administration has approved a higher dose of Biogen’s spinal muscular atrophy drug Spinraza, the company said on Monday, after rejecting it last year.Read More
Indian industrial and medical gas maker INOX Air Products is planning to launch a $1 billion initial public offering in Mumbai, and has appointed Kotak, JPMorgan and Citi to manage the IPO, three sources familiar with the matter said.Read More
Groups linked to Russia and Iran are increasingly using cryptocurrency to finance the purchase of low-cost military drones and components, according to a new report from blockchain analytics firm Chainalysis.Read More
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