Category: Business News & Economy

Tata group stocks fell up to 4% after N Chandrasekaran declined reappointment as Tata Sons chairman, raising concerns over succession, strategy and capital allocation

CoreWeave and Super Micro have seen their stock prices soar to new heights amid a rising tide of demand for AI infrastructure. CoreWeave has updated its expectations for annual revenue and operating profit, signaling strong market confidence. Similarly, Super Micro’s projections for 2027 revenue exceed Wall Street estimates, reflecting robust investment in AI servers and…

Cyber attackers are increasingly stealing AI access credentials and reselling compute through gray-market networks, raising financial and supply-chain risks for companies

The proposed harmonised framework requires banks to link certain floating-rate loans to external benchmarks while giving NBFCs and other lenders discretion over adoption

Jio Financial Services and Bank of America announced a significant joint venture agreement. The US banking major will acquire up to 49.9% in Jio Credit. This investment could reach Rs 18,268 crore, approximately $1.9 billion. Bank of America will initially hold a 26.5% stake in the NBFC. The transaction is subject to necessary regulatory and…

Kia India plans to expand its manufacturing capacity to meet future demand. The automaker targets annual sales of 410,000 vehicles by the year 2030. Kia will introduce ten new vehicles, with eight being electrified models. The company is also expanding its network into smaller Indian cities. This expansion aims to serve both domestic customers and…

JSW Dulux reported strong June quarter volume growth and expects demand to continue. The company targets double-digit volume growth for the remainder of fiscal year twenty twenty-seven. Premium products are driving growth, with the company aiming for market share expansion. Manufacturing synergies are being implemented after the acquisition by JSW Group. Raw material costs remain…

Nippon Active Value Fund issues 50,000 shares at premium to NAV

Glaukos Corp stock hits all-time high at 184.45 USD

Top Aerospace & Defense stock pick from B Riley