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S&P Global Projects 110-Bps Drop In India's Economic Growth Amid Inflation Fears
Given the expected rise in inflation, S&P Global believes the RBI will begin raising the repo rate from October, marking the start of monetary policy tightening in the second half of the financial year.
Adani Group AGM 2026: Top 10 highlights from Gautam Adani's address
Gautam Adani used the group's AGM to lay out an expansive vision spanning AI, nuclear energy, data centres, airports, power and defence, while highlighting record investments, strong financial performance and long-term infrastructure ambitions.
MUFG consolidates Ganesha Fund with Dragon, eyes $600 million second fund
Mitsubishi UFJ Financial Group will merge Ganesha Fund's operations with Dragon Funds, enhancing investment processes in India. The new fund aims to raise $600 million, focusing on growth-stage technology companies globally, especially in India.
Balkrishna Industries Deputy CFO Ravi Narayan Joshi resigns
Balkrishna Industries informed that Ravi Narayan Joshi, deputy chief financial officer and a member of the company's senior management personnel, has tendered his resignation.
Balkrishna Industries announces resignation of deputy CFO Ravi Narayan Joshi
Balkrishna Industries informed that Ravi Narayan Joshi, deputy chief financial officer and a member of the company's senior management personnel, has tendered his resignation.
Cholamandalam Investment & Finance Company Ltd spurts 3.13%, gains for five straight sessions
Cholamandalam Investment & Finance Company Ltd is quoting at Rs 1779.9, up 3.13% on the day as on 12:44 IST on the NSE. The stock is up 10.64% in last one year as compared to a 4.96% fall in NIFTY and a 0.59% fall in the Nifty Financial Services.
Govt invites applications for BSNL CMD post, including private sector candidates
BSNL has been without a full-time CMD for two years and reported significant financial losses. The deadline for applications is July 22, 2024.
Tech Mahindra's Mohit Joshi Got A 12% Pay Raise In FY26. Here's How It Compares With Employees
Among other key management personnel, Chief Financial Officer Rohit Anand saw his remuneration increase 24.29% including ESOPs and 87.52% excluding ESOPs.
Tata Motors shares jump 5% on strong growth guidance. What are Nomura, other brokerages saying?
Tata Motors shares rose after outlining strong growth targets, including margin expansion and cash flow improvement. Brokerages remain divided, with JM Financial bullish, while Nomura and Motilal Oswal stay cautious on near-term demand and margins. Long-term outlook remains supported by infrastructure growth, CV demand recovery and digital and EV initiatives.
Buyback alert! This security solutions stock rallied 12% on buyback update. Do you own?
Security solutions provider SIS saw its shares surge over 12% on Wednesday, reaching a 52-week high. This rally follows the announcement that the board will meet on June 29 to consider a share buyback proposal. The company, which offers security, facility management, and cash logistics, reported strong financial growth in FY26, with revenue up over 21% and operating profit by 24%
SK Hynix moves closer to US ADR, chip maker files financial statement in Korea, report says
SK Hynix is expected to submit a statement to the country’s financial regulator regarding a plan to offer American Depositary Receipts (ADR) as early as next month, to tap US investors and narrow valuation gaps with AI chip peers.
JM Financial retains Buy on Tata Motors, sees 14% upside; stock up 4%
While management has guided for high single-digit industry growth in FY27, JM Financial continues to factor in volume growth of 5.5 per cent and 7.9 per cent for FY27E and FY28E, respectively