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AI disruption may create new sector winners: Trust MF's Mihir Vora
Trust Mutual Fund CIO Mihir Vora expects IT services firms to adapt their business models over time, while data centre and power infrastructure companies may benefit from rising AI demand. Vora remains constructive on markets, favouring financials, infrastructure, and selective growth sectors.
IndusInd Bank chief says all strategic decisions ultimately must be made by the Board
IndusInd Bank's top leadership is focused on rebuilding trust and strengthening the bank's operations. Decisions on strategic investors or mergers will be made by the board. The bank is prioritizing growth in affordable housing, gold loans, and MSME lending. Efforts are underway to improve liability generation and reduce costs. Technology and control gaps are being addressed, with completion expected soon.
Promoters sell Rs 930 crore worth Alkem Labs shares to domestic, global investors
Promoter Sarandhar Singh, on behalf of Samprada & Nanhamati Singh Family Trust, holds 18.75 percent stake in Alkem Labs.
Polunin Capital Partners picks up nearly 1% stake in Unichem Labs; Fidelity buys additional shares in Sunteck Realty
Fidelity Investment Trust was holding 1.6 percent stake in Sunteck Realty, while Schroder held 2.25 percent shareholding as of March 2026.
Alkem Laboratories block deal executed at Rs 5,200 per share; 1.5% stake sold for Rs 930 crore
The block deal worth Rs 930 crore in Alkem Laboratories today follows reports that the Samprada and Nanhamati Family Trust was looking to sell up to a 1.5 percent stake in the pharmaceutical company.
Buzzing Stocks: HGS surges 13% on project GANGA launch; HDFC Bank gains after Lilavati Trust plea dismissal
Hinduja Global Solutions (HGS) rallied 13% after launching Project GANGA, while Meesho gained 3% after Jefferies initiated coverage with a 'Buy' rating.