India’s second largest IT services company Infosys has fixed the record date for its Rs 18,000 crore share buyback on November 14. The buyback proposal was approved by the shareholders with overwhelming majority of 98.81%.Read More
Bajaj Auto’s subsidiary is set to acquire a significant stake in Pierer Bajaj AG. This move involves purchasing 24,000 shares for over 24 million Euro. The acquisition will make Pierer Bajaj AG a wholly-owned subsidiary of Bajaj Auto’s international holdings arm. This strategic step is expected to strengthen Bajaj Auto’s control over its international operations...Read More
Societe Generale acquired over 31.61 lakh shares of RBL Bank for Rs 101 crore. This comes as Mahindra & Mahindra sold its entire 3.45% stake for Rs 678 crore, marking a 62.5% gain. RBL Bank shares saw significant trading volumes and hit a 52-week high. Emirates NBD Bank proposed an open offer to acquire a...Read More
Markets are reacting to private data as economic figures are scarce due to the US government shutdown. Job cuts are rising, particularly in technology and warehousing. Concerns about high tech valuations are also unsettling investors. Meanwhile, Federal Reserve officials are weighing inflation risks against labor market strength. Oil prices are seeing increased supply.Read More
Wall Street’s main indexes opened lower on Thursday, as investors digested a slate of corporate earnings, while concerns around U.S. tariffs, surging valuations and mixed economic data kept investors on edge.Read More
Zydus Lifesciences plans to raise Rs 5,000 crore via share sales. This move aims to reduce debt and boost future expansion. Funds will support R&D, international market growth, and new specialty product launches. The company reported strong profit and revenue growth in the second quarter.Read More
Apollo Hospitals Enterprise reported a strong Q2FY26 with a 26% YoY rise in profit after tax to Rs 477 crore, driven by broad-based growth across healthcare, diagnostics, and digital verticals. Consolidated revenue increased 13% to Rs 6,304 crore, supported by steady patient volumes and margin improvements.Read More
The Bank of England’s Monetary Policy Committee voted 5-4 to maintain the Bank Rate at 4.0%, citing a diminished risk of persistent high inflation. Despite the hold, a narrow vote and Governor Bailey’s cautious optimism suggest a potential rate cut in December, influenced by upcoming economic data and the government’s budget.Read More
JM Financial reported a 16% increase in consolidated profit to Rs 270 crore for the September quarter of FY26, despite a drop in total income. The company also declared an interim dividend of Rs 1.50 per equity share.Read More
Indian markets closed lower for a second consecutive session, with financial and metal stocks leading the decline. Investors paused after October’s rally, as profit booking and FII outflows overshadowed positive Asian markets and strong US data. Weak domestic PMI readings indicated softening sentiment, while IT stocks showed resilience.Read More
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