Wall ‍Street’s ​main indexes opened higher ⁠on Friday following a bruising selloff in ‌technology shares ‌through the week, ‌though optimism was tempered by Amazon’s drop after it became the ​latest ​Big Tech to ‌ramp ‍up spending on ‍AI infrastructure.Read More

The budget announcements on government initiatives in infrastructure development, skilling 10,000 tourist guides, creating a digital repository, and promoting archeological sites are welcome moves, but in the absence of adequate marketing and promotions, one may not see the appropriate tourism growth numbers, said Thomas Cook (India) CEO Mahesh Iyer in an interview with ET.Read More

To enhance transparency and operational efficiency, Sebi on Friday directed Alternative Investment Funds (AIFs) to upload the latest net asset value (NAV) for each ISIN of AIF units in the depository system through their Registrars and Transfer Agents (RTAs).Read More

State-run power NBFC Indian Renewable Energy Development Agency (IREDA) on Friday approved a Rs 2,994 crore fundraising plan via the qualified institutions placement (QIP) mode.Read More

Jewellery retailer Kalyan Jewellers India on Friday reported a 90.36 per cent growth in consolidated net profit to Rs 416.29 crore.Read More

The company posted a net loss of Rs 47.34 crore in the October-December period a year ago, according to a regulatory filing from Spencer’s Retail, a RP Sanjiv Goenka group firm.Read More

Based on a valuation scan by StockEdge.com, we have identified the top nine stocks from the Nifty200 segment with PE ratios below their respective industry averages.Read More

The National Stock Exchange of India (NSE) has received board approval for its Initial Public Offering (IPO) via an Offer for Sale (OFS). This move follows a decade-long wait and Sebi’s no-objection, with the IPO expected to be a significant event in India’s capital markets. A reconstituted IPO Committee will oversee the listing preparations.Read More

NSE Q3 Results: Leading exchange NSE reported a 37% year-on-year (YoY) slump in its consolidated net profit at Rs 2,408 crore in the third quarter, while total income fell 9% YoY to Rs 4,395 crore.Read More

Indian markets closed higher as buying in consumer and private banks offset losses in auto, IT and pharma. Stock-specific moves in BEML, LIC, Hitachi Energy and others drove action across the board.Read More