Business
Business News
Corporate · M&A · Industry
businessWelspun Living's Rs 252-Crore Buyback at 30% Premium
Welspun Living announces a Rs 252 crore share buyback at a 30% premium, aiming to boost investor confidence despite recent financial challenges.
businessVijay Kedia Urges Anand Mahindra to Revitalize Mahindra Holidays
Vijay Kedia urges Anand Mahindra to unlock Mahindra Holidays' potential by focusing on domestic tourism. He suggests a strategic review to boost shareholder value.
businessMuthoot Finance Shares Dip Despite Strong Profit Growth
Muthoot Finance's shares fell over 8% despite a 105% YoY profit surge. Analysts maintain positive ratings, but market dynamics raise concerns.
businessData Patterns Shares Drop 11% Amid Revenue Decline
Data Patterns' shares fell 11% after a 13% YoY revenue decline in Q4, despite a 21% rise in net profit. A strong order book suggests future growth potential.
businessChina's Strategic Moves: Offering Help on Iran Amid Gulf Tensions
China offers to assist on Iran amid Gulf tensions, potentially reshaping regional dynamics. This move could impact global trade and oil markets, crucial for India.
businessAdani Group's Global Prospects Brighten After US Case Closure
The closure of a US case against Gautam Adani is seen as a victory for the Adani Group, enhancing its global capital prospects. This development has positively impacted the group's stock performance, signaling potential growth and stability.
businessKaynes Tech Shares Tumble Amid Earnings Concerns
Kaynes Tech shares fell another 5% after a 20% drop due to weak earnings and profit decline. Brokerages have cut targets, citing execution and margin concerns.
businessChina's Chip Boom: Valuation Concerns Amid Tech Ambitions
Chinese chip stocks are soaring amid a push for tech self-reliance, raising bubble concerns. Investors are wary of valuations outpacing earnings growth.
businessKey Q4 Earnings: Tata Steel, Cochin Shipyard, and More
Major Indian companies, including Tata Steel and Cochin Shipyard, are set to announce Q4 earnings today. These results will provide insights into sectoral recoveries and economic resilience.
businessKey Stocks in Focus: Adani, Tata Motors, Jio Financial
Indian markets rallied for a second day, led by banking stocks, while IT stocks struggled. Key players like Adani Enterprises and Tata Motors saw significant activity.
businessTSX Gains as Tech and Financials Drive Market Rally
The Toronto Stock Exchange sees a significant rally led by tech and financial sectors, reflecting strong investor confidence. This trend offers insights for Indian investors.
businessTech Stocks Propel US Markets to New Highs Amid China Talks
US stocks hit record highs as tech shares rally, driven by Nvidia's approval to sell chips to China. Investors watch US-China talks amid inflation concerns.
businessUS Authorities Conclude Fraud Investigations Against Adani
US authorities are concluding fraud investigations against Gautam Adani, potentially restoring investor confidence in his business operations and impacting global markets.
businessGoldman Sachs Offloads Jio Financial Shares in Rs 62 Crore Block Deal
Goldman Sachs sold 26.75 lakh shares of Jio Financial to Morgan Stanley for Rs 62 crore. Despite a profit decline, Jio Financial's stock rose by 1.12%.
businessVedanta Resources Sees Rating Boost Amid Financial Restructuring
Vedanta Resources' credit rating has been upgraded by S&P Global Ratings, reflecting its improved financial operations and successful demerger strategy. This move enhances investor confidence in the company's stability.
businessHonda Halts Canadian EV Plant Amid Tariff Challenges
Honda has indefinitely suspended its planned EV plant in Canada, citing tariff challenges. This decision highlights the impact of trade policies on global auto strategies.
businessShadowfax Reports Robust Q4 Profit and Revenue Surge
Shadowfax reports a Rs 56 crore profit in Q4, with revenue surging 74% to Rs 1,237 crore. The company's strategic initiatives and tech investments drive growth.
businessGQG Partners Divests Adani Stake, SBI Mutual Fund Steps In
GQG Partners offloads a significant stake in Adani Enterprises, selling 58.9 lakh shares for Rs 1,435 crore. SBI Mutual Fund acquires the stake, signaling confidence in Adani's growth.
businessModi Engages BRICS Ministers Amid US-Iran Tensions
Prime Minister Modi's meeting with BRICS foreign ministers in Delhi comes amid rising US-Iran tensions. The discussions could impact global trade and India's energy markets.
businessNilkamal Announces Rs 20/Share Final Dividend Amid Profit Surge
Nilkamal Ltd announces a Rs 20/share final dividend following a 21.7% profit increase, reflecting strong financial health and shareholder commitment.
businessIRFC Reports Steady Revenue Growth Amidst Muted Profit Gains
IRFC's Q4FY26 results show a slight profit increase to Rs 1,684 crore, while revenue grew by 9% to Rs 7,336 crore, reflecting solid business operations.
businessMetropolis Healthcare's Q4 Growth Fueled by Diagnostics Shift
Metropolis Healthcare reports strong Q4 results, driven by a focus on specialized and preventive diagnostics. The company anticipates continued growth through strategic acquisitions and operational efficiencies.
businessNorovirus Outbreak on Cruise Ship: Business Implications
A norovirus outbreak on an Ambassador Cruise Line ship has led to a temporary lockdown in Bordeaux, highlighting the cruise industry's ongoing health and financial challenges.
businessIT Stocks Plunge Amid AI and Growth Concerns, Nifty IT Dips
IT stocks continue their decline amid AI and growth concerns, with Persistent Systems and Coforge leading losses. The Nifty IT Index is now over 40% below its peak.