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COFORGE BLOCK DEAL UPDATE
In key structural shift, debt becomes the big new vehicle as Indian IT goes deal-shoppingIndian IT firms are increasingly embracing debt financing for major acquisitions, a departure from their traditional debt-free approach. Th...
KPIT outlook shock sends IT stocks sliding as growth worries intensifyMid-cap IT stocks faced a significant downturn Wednesday, led by KPIT Technologies' warning of a near-term revenue slowdown. This has ampli...
Market Trading Guide: TBO Tek among 2 stock recommendations for ThursdayDomestic equities ended higher, supported by positive Asian cues and a sharp drop in crude prices following improved traffic at the Strait ...
Paramount moves to ease EU antitrust concerns over Warner Bros Discovery dealParamount Skydance Corp has offered solutions to EU competition watchdogs regarding its massive Warner Bros Discovery acquisition. The comp...
India's $2 billion state stake sales buck equity market slowdownIndia's government secured a significant $2 billion from stake sales in state-run companies last quarter, a rare positive for the subdued c...
West Bengal notifies rural jobs scheme to replace MGNREGA with VB-G RAM G from July 1West Bengal is launching the VB-G RAM G rural employment scheme on July 1, replacing MGNREGA. This new initiative promises 125 days of wage...
Kotak reclaims India ECM lead with mega deals on horizonKotak has reclaimed the top position in India's equity capital markets league tables, driven by strong deal execution. With several large p...
UK may intervene in $110 billion Paramount-Warner Bros Discovery dealBritain is considering intervening in Paramount's proposed $110 billion takeover of Warner Bros Discovery, potentially delaying the deal de...
Persistent's Nagarro deal faces near-term doubts, but long-term story stays strong: Piyush PandeyPersistent Systems' acquisition of Nagarro triggered an 11% stock drop, with investors worried about integration and margins. However, mark...
Zee Entertainment gets govt nod for Rs 418-cr investment from Invesco fundZee Entertainment has secured a significant Rs 418 crore foreign investment from OFI Global China Fund LLC, marking the fund's return after...
Institutional demand sparks surge in block deals as promoters book profitsPromoters and large shareholders are cashing in on a stock market rebound, offloading shares worth over ₹24,000 crore in May and June. This...
Fidelity Investments buys 2 pc stake in Lodha Developers for Rs 1,864 croreFidelity Investments has strategically acquired a 2% stake in Lodha Developers, amounting to Rs 1,864 crore, through open market operations...
JPMorgan turns cautious on IT, sees growth headwinds aheadJPMorgan anticipates challenges for Indian IT firms over the next two years, citing uncertain demand and a mix of technology and economic h...
Vedanta may have a couple more tranches of promoter-driven selling; stock likely to bounce back in 1-2 weeks: Ambareesh BaligaVedanta shares saw a significant drop following a large block deal, but analysts suggest the selloff is temporary. Promoter entity Twin Sta...
'All-time record, Strait totally open': Trump says 19 million barrels of oil exited Hormuz on MondayPresident Trump announced unprecedented maritime activity in the Strait of Hormuz following a new diplomatic understanding with Iran. He cl...
Kalshi bars India users after govt bans prediction marketsUS-based prediction market Kalshi has now officially restricted Indian users from trading, following government action against such platfor...
Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slip...
Block deal alert! Craftsman Auto shares in focus as promoter to sell stake worth Rs 486 croreCraftsman Automation shares are under scrutiny as promoter Srinivasan Ravi plans to sell up to 2.01% stake via a block deal worth Rs 486 cr...
Minecraft's Chaos Cubed update: A new cave biome, a transforming mob, and dangerous geysersMinecraft's Bedrock Edition welcomes Chaos Cubed, a new update. It brings Sulfur Caves, a unique underground biome. Players will encounter ...
Coforge shares jump over 2% as firm eyes $5 billion revenue by FY30. Why Nomura, others see up to 50% upside?Coforge shares saw a rise after the company projected $5 billion in revenue by FY30. This ambitious target is fueled by strong organic grow...