Business
Corporate · M&A · Industry
businessIndian travelers to Thailand will now incur a visa-on-arrival fee of 2,000 Thai Baht, approximately Rs 5,800, as the visa-free entry policy has been scrapped. This change could impact travel plans for many Indians.
businessBharat Dynamics Limited is set to announce its Q4 results, with a potential final dividend on the agenda. The company's consistent performance and strategic initiatives are in focus as investors await the board's decision.
businessKey stocks like ONGC, Siemens, IRCTC, BEL, and City Union Bank are set to be in focus during Tuesday's trading session. Investors should watch these companies closely for potential market movements.
businessInvestors are focusing on ONGC, Siemens, IRCTC, BEL, and City Union Bank during Tuesday's trading session. These stocks are expected to see movement due to recent developments and market trends.
businessBrent crude oil prices rose to $98 per barrel on May 26 after reports of fresh strikes on southern Iran, stirring uncertainty in global oil markets. The escalation in the Middle East raises concerns over potential disruptions in oil supply.
businessIsrael has cut interest rates as the US and Iran near a deal to extend a ceasefire and reopen the Strait of Hormuz. This move aims to stabilize the region and support economic growth amid geopolitical tensions.
businessCity Union Bank has set October 20, 2023, as the record date for its 1:3 bonus issue. This move aims to enhance shareholder value and improve market liquidity, backed by improved asset quality.
businessThe company reported a 33% decline in PAT for FY26, despite a 48% surge in quarterly revenue. The board has recommended a final dividend of Rs 0.71 per share, pending shareholder approval.
businessAU Real Estate is set to invest Rs 1,200 crore in a new 5.6-acre housing project, Cosmos Corner, in Siddharth Vihar, Ghaziabad. The project aims to deliver 831 residential units with a revenue potential of Rs 1,600 crore.
businessPuravankara Ltd has acquired a 14.57-acre land parcel in Bengaluru, aiming for a project with a gross development value of Rs 2,300 crore. The acquisition includes a mix of joint development and outright purchase, expanding the company's land bank in the city.
businessHousing sales in India's 75 cities rose 16% in value to Rs 9.33 lakh crore in FY26, despite a 1% decline in units sold. New supply increased by 10%, leading to a 13% rise in unsold inventory.
businessKarnataka CM Siddaramaiah has been called to Delhi amid internal party tensions, with reports suggesting DK Shivakumar may be offered the Home Ministry. This move aims to address leadership challenges and maintain stability in the state government.
businessSuzlon Energy's Q4 net profit fell 6% YoY to Rs 1,114 crore despite a 45% revenue increase. The company reported strong annual growth in revenue and wind turbine deliveries, driven by rising renewable energy demand.
businessApollo Micro Systems reported a 163% increase in Q4 FY26 net profit, with revenue up 81%. The company also saw a 90% rise in annual profit, supported by a strong order book and strategic acquisitions.
businessMojtaba Khamenei is reportedly in hiding as US-Iran tensions rise. Former President Trump advises against rushing into a ceasefire deal, emphasizing strategic patience. The conflict impacts global oil markets and regional stability.
businessFormer US President Donald Trump has dismissed concerns about the Iran deal, stating it's still under negotiation and not fully understood. His comments come amid scrutiny over the deal's specifics and potential implications.
businessMarket analysts have identified five promising stocks for investment: GRPL, CEAT, Piramal Finance, Dixon Technologies, and HFCL. These companies are poised for growth due to strong fundamentals and favorable market trends.
businessFormer US President Donald Trump disputes Iranian media claims regarding control over the Strait of Hormuz. This comes amidst ongoing negotiations between the US and Iran, with significant implications for global oil markets.
businessCBSE has partnered with IIT-Madras and IIT-Kanpur to address glitches in its post-result portal, following complaints from students and parents. The collaboration aims to improve the portal's technical robustness and service delivery.
businessKnowledge Realty Trust (KRT) plans to invest Rs 700 crore in developing 1.4 million square feet of office space in Bengaluru. The move aims to leverage strong demand from global companies setting up Global Capability Centres (GCCs). KRT's CEO, Shirish Godbole, highlighted the company's robust performance and future growth strategies.
businessSignature Global aims to nearly double its revenue to Rs 5,000 crore in FY27, driven by strategic investments and a robust sales growth target. The company plans significant investments in land acquisition and construction in Gurugram.
businessIranian agency Fars disputes Trump's claim, asserting Iran's control over the Strait of Hormuz amid US-Iran negotiations. Senator Rubio hints at a potential truce update.
businessLIC leads financial firms in Q4 FY26 profits with a 23% rise to Rs 23,420 crore. SBI and HDFC Bank follow closely, while Vodafone Idea tops the broader corporate sector. LIC's shares rise 5% post-results.
businessReliance Infrastructure reported a sharp decline in Q4 net profit to Rs 918 crore, down from Rs 4,387.08 crore a year ago. The company appointed Vijesh Babu Thota as CEO, effective May 23, amid rising expenses and falling income.