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Welspun Corp shares fell sharply on Wednesday after 63 lakh shares worth Rs 1,433 crore changed hands in a block deal. Promoter group entity Welspun Investments and Commercials and CEO Vipul Mathur were likely sellers. The transaction represented about 2.4% of the company’s outstanding shares and came after a sharp rally.
‘We support protest for accountability’: AISA backs CJP’s proposed September 5 march
The chairperson of an IIT Delhi committee probing a student’s death has recused himself. This external inquiry committee was formed after student protests demanding an independent investigation. Students are also seeking financial aid for the deceased student’s family and other measures. Police have registered a case of abetment to suicide against unidentified persons. IIT Delhi…
Gujarat’s reported decision to extend port concessions has removed a key overhang for Adani Ports and Gujarat Pipavav. While Pipavav stands to benefit more immediately as its concession expires in 2028, Adani Ports gains longer-term visibility for its Gujarat assets. Brokerages, however, see a sharper valuation risk for Pipavav.
The named vessels could be fined, detained and have their cargoes confiscated, according to a post on X from the Persian Gulf Strait Authority, a new body set up by Iran to manage Hormuz
Warner Bros is developing a new live-action Flintstones film. Ryan Gosling is attached as a producer for this project. The story will reportedly focus on Bamm-Bamm Rubble. This franchise previously saw live-action adaptations in 1994 and 2000. A new animated sequel series was also announced recently.
The plan, launched at Hyundai’s CEO Investor Day in Seoul on Wednesday, will see South Korea’s biggest automaker enter 18 new segments
Digi Yatra has introduced a new feature that lets travelers use their driving license as a verified credential for airport access. This allows users an alternative option to Aadhaar. To utilize this feature, users need to link their driving license to their DigiLocker account through the updated Digi Yatra app, enhancing convenience during account setup…
Sonia Vihar schoolchildren face hazardous daily commutes due to waterlogged and damaged roads. Main 25-Foot Road and Shani Bazar Road have remained in poor condition for years. Residents and students protested the broken and filthy state of these essential routes. Parents report children often arrive at school wearing slippers due to the mud. This severe…
Morgan Stanley retained its Overweight rating on Varun Beverages with a Rs 557 target, while Nuvama maintained a Hold on Cyient and raised its target to Rs 1,050. Elara Securities retained its Buy rating on Nykaa and increased its target to Rs 475, citing premiumisation, stronger customer quality and growth in online beauty and personal…