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Indian equity markets saw a decline on Wednesday, influenced by Middle East tensions and rising oil prices. Several companies will be in focus today due to corporate developments and first-quarter earnings reports. UltraTech Cement shares are set for a block deal, while Apollo Hospitals reported strong profit growth. Lenskart Solutions and Astral also announced significant…
Recent data reveals that Federal Bank and IDFC First Bank have collectively issued over twenty-two lakh new credit cards, almost paralleling HDFC Bank’s own expansions. Together, they represent twenty-one percent of the newly released cards, suggesting a noticeable change in the competitive dynamics of the credit card sector as the dominance of the top four…
In a recent statement, Sebi chairman Tuhin Kanta Pandey confirmed that the closing auction sessions showed no manipulation. He linked earlier discrepancies to cautious trading in the newly implemented system. Notably, mutual funds have significantly increased activity in these sessions. Additionally, Sebi is looking into strategies to bolster both participation and liquidity in commodity derivatives,…
Godrej Consumer Products shares have experienced a notable drop following the unexpected exit of the chief executive. This abrupt change has raised significant concerns among investors about the future leadership in a volatile market environment. Aasif Malbari has been appointed as the new managing director and chief executive to steer the company.
Groww strengthened its brokerage lead in July, adding over seventy thousand active accounts. This growth contrasts with a general industry slowdown in user additions this year. Zerodha, the second-largest broker, continued to lose active accounts, shrinking its user base. Angel One and Upstox Securities also experienced declines in their active client numbers. HDFC Securities similarly…
N Chandrasekaran’s resignation as Tata Sons chairman reveals a breakdown in communication, highlighting complications with board decisions and unresolved leadership gaps. It raises fundamental questions about trust and governance in a complex corporate landscape.
The government’s position is that it would consider stepping in only if the Tata Group or relevant stakeholders formally seek its involvement. As a matter of policy, the government generally refrains from intervening in the internal governance of private companies.
Charter Hall Long WALE FY26 slides: 2% growth, $2B refinancing
Charter Hall Long WALE FY26 slides: steady growth, $2bn refinance
Essential services are expected to remain operational during the statewide bandh in Karnataka on Thursday.