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Carborundum Universal gains 9% to hit 52-week high on Q4, dividend news
The company's board has recommended a final dividend of ₹2.50 per equity share (250 per cent) on a face value of Re 1 each for the year ended March 31, 2026
Ujjivan SFB Q4 Results: High other income, low provisions aid profit; Asset quality improves
Ujjivan Small Finance Bank reported a sharp rise in Q4 profit aided by higher other income and lower provisions, while asset quality improved sequentially. The RBI sought further loan diversification before a universal banking licence transition.
Roth/MKM lowers Universal Display stock price target on weak China demand - Investing.com India
Roth/MKM lowers Universal Display stock price target on weak China demandInvesting.com India
Ujjivan SFB shares tumble after RBI returns universal bank application
RBI has returned Ujjivan Small Finance Bank's application for universal bank conversion, citing the need for greater loan book diversification before reconsideration
Ujjivan SFB shares tank 6% today. Why is the bank stock falling amid a bullish sentiment in Indian stock market?
The central bank on Monday rejected Ujjivan SFB's application, citing for universal bank status, citing the need for greater diversification of its loan book. This pushed the bank stock lower despite a strong rise in the Indian stock market.
Ujjivan Small Finance Bank shares fall 4% after RBI rejects Universal Bank application
The regulator has advised Ujjivan to reapply after achieving a more balanced and diversified portfolio.
RBI returns Ujjivan SFB’s universal bank licence bid; asks to reapply
Ujjivan SFB shares will be in focus after the RBI returned its universal bank licence application, asking it to reapply after further diversifying its loan portfolio, the bank said Monday evening.
Bill Ackman's Pershing Square proposes $64 billion merger deal with Universal Music Group
Bill Ackmans Pershing Square proposes $64 billion cash and stock takeover of Universal Music Group, seeking New York listing, UMG board reviewing unsolicited offer
Bill Ackman's Pershing Square proposes $64 billion merger with Universal Music Group, could value shares at 78% premium
Bill Ackman's Pershing Square proposed merging Universal Music Group with its investment fund, valuing it at 30.40 euros per share. The deal aims to boost UMG's value through a U.S. listing, despite previous delays and challenges in the competitive music landscape.
Bill Ackman's Pershing Square offers to buy Universal Music for nearly $65 billion: Report
Pershing Square Capital Management has proposed a combination with Universal Music Group NV that would move the listing into a US-based acquisition vehicle in a deal that Bill Ackman’s fund said will value the world’s biggest music label at a 78% premium to its last closing price.
Rs 8.7 lakh crore Jal Jeevan Mission extended till 2028. These 25 stocks likely to be biggest beneficiaries
The Union Cabinet's approval to extend the Jal Jeevan Mission until 2028, with a boosted outlay of Rs 8.69 lakh crore, is set to benefit around 25 stocks. This significant push for rural water infrastructure and service delivery will drive demand for companies in pipes, pumps, construction, and water treatment sectors, aiming for universal tap water access.
Kedaara Capital gears up to sell Universal NutriScience for Rs 3,000 crore
UNS markets Seacod, one of India's top-selling cod liver oil capsule brands. The company is expected to be valued at around ₹3,000 crore. Investment bank Rothschild has been appointed to advise Kedaara on the sale process, the people cited above said.