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Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
UAE stock exchanges enjoyed a remarkable jump on Friday, paralleling an upswing in global indices after a lackluster U.S. jobs report eased anxiety over Federal Reserve interest rate hikes. Dubai’s index surged 1.1%, primarily driven by the strength of its financial and industrial sectors, whereas Abu Dhabi’s benchmark climbed 0.9%. This bullish sentiment is rooted…
Vedanta Power reported a 38% year-on-year rise in Q1 power sales, driven by a sharp jump in Meenakshi Energy output. Sequential performance declined due to lower generation at some plants, while Sakti Thermal Plant remained shut after a boiler blast, impacting overall volumes during the quarter.
Knack Packaging’s Rs 439.5-crore IPO was subscribed 73 times on the final day of bidding, led by strong demand from QIBs. The grey market premium (GMP) indicates a potential 17% listing gain. Brokerages Choice Broking and Anand Rathi have recommended subscribing to the issue for the long term.
Investors often face the agony of watching their chosen stocks lag while the broader market soars. This frustration can lead to costly mistakes like chasing rallies or abandoning sound investments. Fred C. Kelly’s wisdom highlights that patience and conviction are crucial, distinguishing between temporary lulls and genuine business decline. Successful investing demands emotional discipline, focusing…
Nokia shares have doubled in 2026 as investors increasingly view the company as an AI infrastructure player. Strong cloud and AI orders, broker upgrades and growing data-centre demand have boosted optimism, though sustained hyperscaler spending remains critical to its long-term growth outlook.
Europe’s STOXX 600 hovered near record highs on Friday and headed for its best week since mid-May, supported by gains in defence and cyclical stocks. Investors shrugged off near-term US rate concerns as easing Middle East tensions broadened the rally beyond technology shares. Siemens led gains in Germany, while defence stocks benefited from expectations of…
Building an AI product is only the beginning. Winning enterprise customers requires a different set of strengths. As enterprise AI adoption gathers pace, businesses are evaluating AI products on scalability, measurable outcomes, integration and long-term business value. These are also among the key benchmarks at the ET Most Innovative AI Product Awards 2026.
Indian markets remained firm with Sensex closing higher, supporting momentum in largecap stocks. Eight companies, including Apollo Hospitals and Bosch, hit 52-week highs amid sustained buying interest. Gains of up to 12% in a month highlight strong investor confidence and continued bullish sentiment in select sectors.
Pragyawan Technologies has filed its DRHP with SEBI for an IPO comprising a Rs 400 crore fresh issue and an OFS of 15 million shares. The company will use fresh issue proceeds for working capital and general corporate purposes, strengthening its diversified technology and infrastructure business.
Indian stock markets surged on Friday, with Sensex and Nifty climbing over 0.3% each. This rally was fueled by easing Middle East tensions, reduced expectations of US Federal Reserve rate hikes, and a stronger rupee. IT stocks led the gains, while broader markets lagged. Positive global cues and tapering FII outflows also contributed to the…