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UltraTech’s entry into wires and cables triggered a sharp selloff in listed peers as investors assess the impact of intensified competition on market share, pricing and margins. While house wires and light-duty cables face the most immediate pressure, higher-voltage segments remain relatively insulated. Analysts remain positive on long-term industry growth, but caution that elevated valuations…
German industrial output drops 1.1% in July, missing forecasts
Suneel Lodhi, a visually impaired folk singer from Bundelkhand, captured the nation’s heart with his mesmerizing voice. For years, he enchanted audiences with bhajans and folk songs on village streets and local trains. His performance of “Maine Tere Hi Bharose” skyrocketed to fame after appearing in the film Hanuman Ansh, propelling him into a broader…
IFCI shares rallied 6% after Sebi approved NSE’s much-awaited IPO, clearing a key hurdle for the exchange’s listing. IFCI has indirect exposure to NSE through its majority stake in Stock Holding Corporation of India. The stock has surged over 500% in three years, with analysts seeing further upside.
Sweden’s August inflation slows to 0.7%, misses forecasts
EBay’s first full-time employee left the company after its IPO and built a $5.9 billion fortune; he has now donated about $1.2 billion into social-change projects
HEG shares opened nearly 64% lower on Monday as the stock adjusted for the company’s demerger, which split its businesses into two separately listed entities. The graphite electrodes business will move to HEG Graphite, while the existing listed company will retain advanced materials, battery energy solutions and green power businesses and be renamed HEG Advanced…
RentGuarantor appoints three non-executive directors
A Bengaluru taxpayer faced a ₹1.23 lakh tax demand after his consultant mistakenly filed Form 10-IEA for the old tax regime. ITAT Bangalore accepted the new regime chosen in his ITR and directed the tax authorities to recompute his liability.
Bitcoin slips below $80k as Fed hike bets, oil surge weigh