Mahindra Lifespaces acquires 15-acre Mumbai land parcel with ₹5,600 crore GDV potential
Shares of Mahindra Lifespace Developers Ltd ended at ₹352.90, up by ₹3.00, or 0.86%, on the BSE.
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RIL AGM Highlights: Five drivers for future growth
Reliance is transforming into a deep-tech and advanced manufacturing leader, highlighting five verticals within the company as those with potential for exponential value creation, Chairman Mukesh Ambani said in speech at the latest annual general meeting. These five are: Jio,…
Sensex, Nifty end in the red: 5 key reasons behind today’s market fall
The Nifty IT index emerged as the worst-performing sectoral gauge, dropping 4% after Accenture cut its revenue growth guidance. IT heavyweights Infosys, TCS, HCLTech, and Tech Mahindra were among the top losers on the Nifty.
FTSE and Sensex scheduled for rebalancing today — Check new additions
While seven stocks are being added to the FTSE indices, the Sensex will see the weightage of two stocks increasing, as per Nuvama Alternative & Quantitative Research, BSE and Bloomberg
Turtlemint says regulatory changes and lower commissions could boost insurance volumes
Mumbai-based Nexus Venture Partners-backed insurtech startup Turtlemint has built a network-led insurance distribution model focused largely on smaller towns, with around three-fourths of its business coming from beyond metros. Dhirendra Mahyavanshi, Chairperson, Managing Director and Chief Executive Officer of the…
Reliance Jio set to file IPO DRHP with SEBI today, Chairman Mukesh Ambani says at AGM
Reliance Industries’ Chairman & Managing Director Mukesh Ambani went on to add that the proposed listing of Jio will demonstrate to the world that India can build technology companies of global scale, global capabilities and global value. “I assure you,…
Nykaa shares extend gains after a thumbs-up from analysts on FY30 growth roadmap
Nomura said that evolving consumer preferences towards discovery-led and new-age brands are creating a favourable backdrop for Nykaa. The brokerage believes the company is well-positioned to capture a disproportionate share of premium lifestyle spending through its trusted platform, content ecosystem…
Currency traders weigh in for US Dollar rise after hawkish Fed remark
Hawkish Federal Reserve signals spur hedge funds to buy dollar call options, with trading surging versus the pound and euro, while dollar-yen bets stay more balanced amid Japan intervention fears
Tata Power wins Karnataka transmission project with annual charges of ₹521 crore
The project involves the construction and commissioning of an approximately 250km transmission network in Karnataka, comprising 400 kV double-circuit lines, 220 kV double-circuit lines and 220 kV underground cables.
India’s macro outlook improving, but IT recovery may be couple of quarters away: Neeraj Seth
Neeraj Seth, Founder and CIO of 3R Investment Management, expects financial stocks to benefit from credit growth and corporate capex, while global AI-driven flows may limit a strong return of foreign investors. Seth remains cautious on IT services in the…