IndiGo’s shares fell on Friday following a significant drop in quarterly profit. Brokerages offered mixed views, citing short-term challenges like rising costs and currency issues. However, many remain positive about the airline’s long-term growth potential. Analysts project potential upside for the stock in the coming year, despite some caution regarding immediate future earnings.Read More
India’s securities regulator has accused current and former executives from PwC, EY, Carlyle, and Advent. They allegedly breached insider trading rules concerning a 2022 Yes Bank share sale. The regulator claims unpublished price-sensitive information was shared, leading to unlawful gains. The notice follows an investigation into Yes Bank’s share movements before a significant offering.Read More
Securities and Exchange Board of India has given the green light to thirteen companies for their Initial Public Offerings. Firms like Sify Infinit Spaces and Commtel Networks are among those that received Sebi’s final observations. This clearance allows these companies to move forward with their plans to raise capital through the stock market.Read More
Adani Group stocks saw a sharp decline on Friday. This followed news that the US SEC is seeking court permission to email summons to founder Gautam Adani and nephew Sagar Adani. Allegations involve fraud and a bribery plot. The group’s market value dropped by over $9 billion. Investors are advised to wait for clarity.Read More
The Reserve Bank of India has announced three liquidity-boosting measures, including open market operations and a dollar-rupee swap, totaling approximately ₹1.92 lakh crore. These actions aim to enhance system liquidity and support the transmission of previous rate cuts. Experts anticipate further liquidity injections in the coming months.Read More
IndusInd Bank’s net profit plummeted 91% to ₹128 crore in the third quarter due to deteriorating asset quality and increased provisions. Despite this sharp decline, the bank returned to profitability after a significant loss in the previous quarter, which was impacted by microloan provisions and derivative misreporting issues.Read More
Silver prices surged past $100 an ounce for the first time, while gold reached a new record near $5,000/oz. Investors are flocking to safe-haven assets due to geopolitical tensions, expected U.S. interest rate cuts, and supply shortages. Platinum and palladium also saw significant gains.Read More
Shriram Finance reported a 29% drop in third quarter net profit at Rs 2,522 crore as against Rs 3,570 crore. The company attributed the fall in profit to the exceptional gain of Rs 1489 crore it received for sale of its stake in subsidiary Shriram Housing Finance.Read More
MCX posted a sharp Q3FY26 surge, with profit up 151% and revenue rising 121%, driven by booming derivatives volumes, strong bullion participation, new product launches and expanding options activity, supported by governance focus and readiness.Read More
Intel’s shares plunged 14% on Friday after the company struggled to meet strong artificial intelligence-driven demand for data-center chips due to supply constraints, disappointing investors betting on its turnaround.Read More
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