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Meta Picks Kunal Shah As New WhatsApp Chief As Part Of Rs 8,550 Crore Cred Investment
Under the deal, Meta will acquire an approximately 20% minority stake in CRED.
SEBI's open-market buyback return may boost shareholder value: EY India
SEBI's decision to allow open-market share buybacks from August 1 is expected to provide companies with greater flexibility in returning capital to shareholders, according to Mitul Shah of EY India and Bhavesh Shah of Equirus Capital. The move comes after tax changes made open-market buybacks viable again. Experts believe the route could support stock-price stability, improve capital allocation and encourage buyback activity among cash-generating companies with limited capital expenditure needs.
Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Kotak Mahindra Bank shares on 22 June - Mint
Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Kotak Mahindra Bank shares on 22 JuneMint
Fine Organic, AIA Engineering among Choice Broking's top weekly stock picks
Stocks to buy: Aakash Shah, technical analyst at Choice Broking reckons that Fine Organic has given a breakout on the weekly chart, and can potentially rally to ₹5,700 levels from here.
Kunal Shah’s Cred scales biometric UPI users to near 10 million
The milestone comes as Cred looks to widen the use of its payments products beyond credit card bill payments. Previous media reports indicated Cred had about 13 million monthly active users in June 2024, while its monthly transacting users rose 14.5% to 12.6 million in FY25.
Mohandas Pai backs SEBI's buyback revival, says battered markets are ideal for creating shareholder value
Welcoming SEBI's decision to restore open-market buybacks, Mohandas Pai said Indian companies holding large cash reserves should use market corrections to repurchase undervalued shares, while Equirus' Bhavesh Shah expects more firms to opt for the exchange route due to its greater flexibility.
Bata India names Sanjay Rao as MD & CEO, shares surge over 16%
Rao succeeds Gunjan Shah, who will conclude his tenure upon completion of his five-year mandate leading the business, Bata India said
Bata India appoints Sanjay Rao as MD & CEO
Bata India has announced Sanjay Rao will take over as Managing Director and Chief Executive Officer effective on August 24, 2026. He replaces Gunjan Shah. Rao brings over two decades of retail and consumer leadership experience from international markets. Bata Group sees India as a key growth market. Rao's appointment aims to drive consumer relevance and product strength for Bata India.
Bata India appoints Sanjay Rao as MD and CEO
Bata India today announced the appointment of Sanjay Rao as Managing Director and Chief Executive Officer of Bata India. He succeeds Gunjan Shah, who will conclude his tenure upon completion of his five-year mandate leading the business.
Large NBFCs could see 3-5% earnings upgrades as borrowing costs ease: IIFL Capital
Viral Shah, Senior VP at IIFL Capital, said that credit growth trends remain healthy and asset quality is holding up despite economic uncertainties. Shah remains positive on diversified lenders such as Shriram Finance and Cholamandalam Investment, while cautioning that gold financiers remain heavily dependent on movements in gold prices.
Advertisers bet on movie stars to stand out in IPL 2026 season
Celebrity ads surged 34% during IPL 19, making up 61% of total ad volumes. This happened even as fewer advertisers participated. IPL remains India's top sports marketing platform. Film stars dominated celebrity endorsements. Shah Rukh Khan was the most visible celebrity endorser. Rohit Sharma led sports personality endorsements.
ICICI Prudential's Anand Shah favours manufacturing, consumer services despite inflation risks
Anand Shah, CIO-PMS & AIF at ICICI Prudential AMC, believes manufacturing-focused mid- and small-cap companies are well placed to benefit from stronger earnings growth, rupee depreciation and a gradual shift towards domestic production. He remains overweight on consumer services, private banks, asset managers and insurance firms, while expecting telecom industry profitability to improve over time through tariff hikes. Shah also warned that inflation risks from energy and food prices could weigh on consumption.