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Track key corporate news, quarterly earnings summaries, startup funding updates, executive movements, and major company announcements across leading industries.
The IPO has generated significant excitement in the grey market, where it is currently trading at a Grey Market Premium (GMP) of about Rs 166 per share. At this level, the stock is expected to list around Rs 585 per share, implying a potential gain of nearly 40% over the upper end of the IPO…
Gold prices fell to a near-weekly low as U.S. strikes on Iran boosted oil and the dollar. Higher interest rate expectations are pressuring the non-yielding precious metal. China’s central bank reported its largest monthly gold reserve increase in over two years. Hong Kong authorities unveiled measures to bolster currency and gold trading. Other precious metals…
After the 13% crash, Trent shares have technically slipped below their 20-day EMA, while the RSI has witnessed a sharp downtick, signalling a shift in momentum from bullish to bearish, said Sudeep Shah, Head of Technical and Derivatives Research at SBI Securities
Loans against gold jewellery remained the fastest-growing segment, surging 70% year-on-year to ₹3.29 lakh crore in May, compared with 39% growth a year earlier.
Pre-IPO placements are making a comeback in India after a quiet start to 2026. Companies are securing valuations and marquee investors before their public offerings. Several firms have already raised funds, with more planning placements soon. This strategy helps de-risk upcoming initial public offerings for issuers. Institutional investors gain early access and valuation insights through…
Oil prices surged as the United States conducted airstrikes and revoked waivers for Iran. Asian stocks remained largely unchanged while investors assessed the geopolitical situation. S&P 500 and Nasdaq futures showed slight gains after earlier declines in US markets. Renewed tensions risk energy market disruptions and undermine the recent US-Iran peace deal. Investors are now…
Raymond James analyst Brian Gesuale initiated coverage on SpaceX with a strong buy. He set an $800 price target, projecting significant future stock appreciation. Gesuale sees SpaceX revenue soaring to $5.2 trillion by 2035. This growth is primarily based on its nascent artificial intelligence business. The analyst believes AI will become SpaceX’s largest revenue source…
The general insurance sector saw a 16.7% premium income rise in June. Standalone health insurers led this growth with a 31% increase. First quarter collections for FY27 also climbed by 11.1%. Niva Bupa Health Insurance showed strong premium growth of 34% in June. ICICI Lombard General Insurance reported a 13.7% premium increase for the month.
Sebi has revised rules for depositories’ Investor Protection Fund income. Depositories can now use five percent of annual income for expenses. The remaining ninety-five percent must be reinvested back into the fund. This change allows for administrative costs like salaries and audit fees. Any unutilized funds from the five percent must be returned to the…
The Competition Commission of India approved the merger of fifty-one Malabar Group companies. These companies are primarily engaged in the jewellery business sector. Separately, the regulator dismissed a case against Nissan Motor India. The complainant had accused Nissan of anti-competitive dealership agreement termination practices. The CCI found no violation of competition rules in the Nissan…