Oil prices saw a slight increase on Wednesday after three days of declines, driven by a significant drop in U.S. crude inventories. However, gains were tempered by concerns over Russian sanctions and potential OPEC+ production increases. U.S. crude, gasoline, and distillate stocks all experienced larger-than-expected draws last week.Read More
Safecure Services, a security and facility management firm, launched its Rs 31 crore IPO on Wednesday, priced at Rs 102 per share, with subscriptions closing Friday. The company aims to raise funds for working capital, debt repayment, and general corporate needs. This fresh issue of 30 lakh shares will list on the BSE SME platform...Read More
Orkla India’s Rs 1,667 crore IPO opens Wednesday. The issue is an offer for sale by its parent company. Shares are priced between Rs 695 and Rs 730. Investors can apply for a minimum of 20 shares. The company is known for brands like MTR Foods and Eastern Condiments.Read More
Adani Total Gas saw its net profit drop by 9 percent year-on-year for the September 2025 quarter. Higher input gas prices significantly impacted earnings. Despite this, the company achieved strong revenue growth of 19 percent. Volumes for compressed natural gas and piped natural gas also increased.Read More
The US dollar is trading near a one-week low. Markets anticipate a Federal Reserve interest rate cut today. Investors await guidance from Fed Chair Jerome Powell. A meeting between US President Donald Trump and Chinese President Xi Jinping is scheduled for tomorrow. This meeting could impact tariffs and trade. The Australian dollar rose after strong...Read More
Indian markets are buzzing as US stock indexes reach new peaks. Nvidia’s AI deals and strong corporate earnings are fueling optimism. Investors await key results from tech giants like Apple and Microsoft. The Federal Reserve is expected to cut interest rates soon. This positive sentiment is driving market momentum.Read More
Shapoorji Pallonji Group plans to raise $2.5 billion next year to retire high-cost debt. The infrastructure conglomerate is contacting existing investors to gauge their repayment preferences, aiming to refinance $1.7 billion of existing debt. This move is part of a capital restructuring for group entity Goswami Infratech.Read More
ReNew Energy Global Plc has agreed in principle to an $8.15 per share cash buyout offer from a consortium of four key shareholders. This move aims to delist the company from Nasdaq, where it has underperformed since its 2021 listing.Read More
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