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Kotak Institutional removes ABB India, Siemens, Cummins India from model portfolio
Kotak Institutional Equities' Sanjeev Prasad prefers private banks over IT and expensive industrial stocks, citing attractive valuations, stable credit growth and the potential for re-rating. He warned that AI-driven pricing pressure makes it difficult to value IT companies and said investors should avoid chasing richly valued capital goods and electrification stocks despite strong long-term themes. Healthcare, hospitality, retail and telecom remain among his preferred sectors.
Knowledge Marine block deal: SBI Funds Management buys 1.64% stake as promoters exit
Bulk and block deals on June 19 saw SBI Funds Management acquire a 1.64% stake in Knowledge Marine & Engineering Works, alongside transactions in Altius Telecom Infrastructure Trust, Gokaldas Exports and Allcargo amid a volatile market session.
Reliance Industries AGM Live Updates: All eyes on Jio IPO timeline, new energy biz
Reliance Industries AGM Live Updates: The biggest day in the calendar for Reliance Industries Ltd. is here as the oil-to-telecom-to-retail-to-new energy conglomerate will be holding its 49th Annual General Meeting (AGM), starting 2 PM this afternoon. The big focus of the street has been on a clear timeline for the Reliance Jio IPO and that will remain the biggest talking point during the course of Chairman and Managing Director Mukesh Ambani's speech. Watch this space for all the LIVE updates from the AGM.
RIL AGM 2026: Jio IPO Timeline To AI Strategy, Here's What To Expect
The virtual AGM, scheduled to begin at 2 pm IST, is expected to feature addresses by Chairman Mukesh Ambani and other senior leaders, outlining Reliance's plans across its telecom, retail, digital and energy businesses.
$15 billion game-changer: Reliance Jio readies for a big bang in space
Reliance Jio is reportedly planning a massive 1,600-satellite low Earth orbit constellation, aiming for direct-to-device connectivity and extending its telecom dominance into space. This ambitious project, potentially costing $10-15 billion, seeks to bolster India's digital sovereignty and reduce reliance on foreign infrastructure, positioning Jio as a major global player.
UK may block billionaire Sunil Bharti Mittal from raising stake in telecom giant BT: Report
The UK government is set to block any move by Indian billionaire Sunil Bharti Mittal to increase his stake in telecom giant BT beyond 25%. Officials cite the need to maintain sovereign control over critical national infrastructure, emphasizing this is not personal but a matter of national resilience.
Bharti group seeks UK support to raise BT stake, sources say
Bharti Enterprises is exploring the possibility of raising its stake in British telecom company BT to just below 30%, according to people familiar with the matter. The Sunil Bharti Mittal-led group is seeking UK government approval that would be required if its holding crosses 25% under Britain’s National Security and Investment Act.
Mittal charts map for Bharti Telecom to regain Airtel majority
Bharti Telecom chairman Sunil Mittal plans to increase his family's stake in Bharti Airtel. The company will also boost its ownership in its African subsidiary. This move aims to consolidate control and prepare for future leadership transitions. Mittal envisions a significant customer base across India and Africa. The company may also consider global asset acquisitions.
Sunil Bharti Mittal hints at succession, targets 51% control in Bharti Airtel over decade
Sunil Bharti Mittal aims for Bharti Telecom to regain majority in Bharti Airtel, plans higher dividends, buybacks, data centre expansion, small NBFC, and higher Airtel Africa stake
Bharti Airtel’s next decade: Mittal outlines tighter control in India, bigger Africa bet
Sunil Bharti Mittal says Bharti Telecom should regain majority control of Airtel over the next decade as the group begins succession planning for the next generation.
Bharti Airtel shares jump 5% as Sunil Mittal eyes 51% stake in telco
Sunil Bharti Mittal, founder and chairman of Bharti Enterprises, during Airtel's Q4 earnings concall, said that he wishes to Bharti Telecom holding 51% stake in the Gurugram-headquartered telco.
Reliance Industries Q4 Results 2026 Preview: From O2C, Jio to Retail - here’s what to expect from Mukesh Ambani-led firm
Reliance Industries Q4 Results Preview: Reliance is expected to report a muted earnings during the fourth quarter of FY26, led by weakness in the oil-to-chemicals (O2C) business and tepid retail segment growth. However, analysts expect Reliance Jio, the telecom arm, to report strong earnings growth.