Morgan Stanley says salt is the new oil. Here’s why and how to play it
Salt can become as sought-out as oil amid a boom in demand for sodium-ion batteries, according to the firm.
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Stocks to Watch for June 29: HDFC Bank, Kotak Mahindra Bank, Dr Reddy’s and more
After an extended weekend, Dalal Street returns to a packed corporate news flow. From IRFC’s successful OFS and Power Grid’s fundraising plans to fresh developments at HDFC Bank, KEC International, Aurobindo Pharma and Bajaj Healthcare, here are the stocks likely…
Waaree Energies says US Customs found no exports of China-cell solar modules
Waaree also said that its US operations remain unaffected by the development. The company said manufacturing activities, customer deliveries and commercial operations continue as usual, adding that it remains committed to regulatory compliance and will cooperate with the relevant authorities…
PTC Industries to raise up to ₹1,800 crore via QIP, preferential issue
The board has cleared plans to raise up to ₹1,800 crore through multiple routes, including a qualified institutions placement (QIP), a preferential issue and other permissible modes.
Nifty Outlook for June 29: 24,200 remains key hurdle as quarter ends and updates begin
The Nifty opened more than 100 points higher and climbed to an intraday high of 24,261 during the first half. However, selling pressure emerged later in the day, erasing over 200 points from the day’s peak as investors booked profits…
Industry experts chart the future of India’s bond and fixed income markets
India Fixed Income Summit brings meaningful conversations and fresh perspectives on India’s evolving bond market and the growing importance of fixed income in India’s financial ecosystem.
Turtlemint IPO set for weak debut as grey market premium turns negative
The company’s grey market premium (GMP) has slipped into negative territory ahead of its listing on the NSE and BSE. The latest GMP stands at negative ₹5, implying an expected listing price of around ₹147 per share, compared to the…
Strides Pharma to monetise stake in Pivot Path; company valued at ₹230 crore post-money
Strides Pharma Science Limited will monetise its stake in subsidiary Pivot Path Private Limited in a transaction led by Ascent Capital, alongside co-investor Vintage Classic, valuing the entity at near ₹230 crore post-money. The company will realise near ₹100 crore…
Kotak Mahindra Bank begins search for next CEO as Ashok Vaswani plans exit
Kotak Mahindra Bank has begun its CEO succession process after Ashok Vaswani decided not to seek another term. Sources told CNBC-TV18 the lender had informed the RBI of Vaswani’s decision a few weeks ago and is likely to submit a…
APL Apollo Tubes approves sale of wholly owned subsidiary for ₹160 crore
APL Apollo Tubes to sell subsidiary Blue Ocean Projects Private to related party SG Realtor for ₹160 crore, citing independent valuation and SEBI compliance.