The merger is aimed at aligning JSW Steel’s long-term strategic interests by enabling it to directly hold its investment in Bhushan Power and Steel Limited (BPSL). According to the scheme, this would facilitate transactions and investments related to BPSL’s business…
Axis Bank’s asset quality remained stable from the June quarter with gross NPA in absolute terms at ₹16,778 crore from ₹17,124.3 crore in June, while Net NPAs stood at ₹5,054 crore from ₹5,192.6 crore in the last quarter. In percentage…
In a clarification issued by the Press Information Bureau (PIB), the government said an amendment seeking to restrict dilution of its stake was proposed during parliamentary discussions on the IDBI (Repeal) Act, 2003, but was rejected and did not form…
Norway’s Finance Ministry will now propose a new ethics framework in a white paper during spring, and Norway’s parliament is expected to vote on the new proposed framework sometime in mid-2027. Till then, the current guidelines remain in place.
Trump’s Russia sanctions waiver eases one source of uncertainty for Indian markets as the Sensex and Nifty extend their recovery, led by IT stocks. However, crude prices topping $110 a barrel remain a key risk.
The sell-off seen on Wall Street has taken the market’s fear gauge or the Cbox Volatility Index (VIX) past the mark of 22, for the first time since June, and market participants expect that to go much higher in the…
Analysts have also warned that this is a technical pullback and not a value play and for many high-potential tech names, value will not emerge till they fall another 30% to 50%.
Q2 Results LIVE Updates; HDFC Bank, ICICI Bank, Axis Bank and YES Bank are going to be the four most important results of this Super Saturday of earnings, which will also include reports from companies like IDBI Bank, Central Bank,…
US stocks were mixed on Friday as AI trade concerns weighed on the S&P 500 and Nasdaq. Meanwhile, foreign investors returned to buying Indian equities and oil prices headed for a weekly gain.
Foreign investors returned to net buying after Thursday’s sell-off, while IT stocks led the market rally and domestic institutions booked net outflows.