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A Bosch 'bear' turns bullish, raises target by 63% to highest on the Street
UBS said a recent repositioning of Bosch's portfolio has improved the investment case for the company. According to the brokerage, the acquisition of the Chassis Systems business enhances the stock's value creation potential, while recently announced joint ventures could provide additional upside.
Brookfield set to close $300-million pre-IPO round for Altius with domestic funds
The private placement will value India's largest telecom tower trust at around $5 billion, setting a key valuation benchmark ahead of its public market debut.
Wipro buyback is live! Experts reveal the catch behind the 37% premium - Everything shareholders need to know
Wipro's ₹15,000 crore share buyback, priced at ₹250 per share, offers 37% premium over market value. The buyback, open until June 17, allows eligible shareholders to tender shares, with specific entitlement ratios for retail and general investors.
Wipro share buyback opens Thursday; stock hits 6-yr low, down 14% in 1 week
Wipro's near-term revenue trajectory remains challenged with Q1FY27 guidance of -2 per cent to 0 per cent CC QoQ, amid multiple headwinds, say analysts at Mirae Asset Sharekhan.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty extends losses, falls 170 points; Brent above $94
Sensex Today | Stock Market LIVE Updates: Today is the weekly expiry of all Sensex contracts. For the Nifty, the recent lows of 23,070 come into play again after the breakout sold off between 23,450 - 23,500 levels, which remains the key resistance on the upside. Analysts maintain that any drop below the 23,070 low could take the index down to 22,800 - 22,700 levels.
Sebi mulls easing executive remuneration disclosure norms for AMCs
Markets regulator Sebi on Wednesday proposed easing executive remuneration disclosure requirements for asset management companies (AMCs) by replacing individual name-wise disclosures with consolidated disclosures, citing industry concerns over privacy and competitive disadvantages. "This would provide a holistic and structured view of senior management compensation, enabling unitholders to assess the overall quantum of remuneration at the senior management level, while aligning the level of disclosure with considerations of materiality and proportionality," Sebi said in its consultation paper. Currently, mutual fund AMCs are required to disclose on their websites the remuneration of chief executive officers (CEOs), chief investment officers (CIOs), chief operating officers (COOs), the top 10 highest-paid employees, and all employees earning at least Rs 1.02 crore annually or Rs 8.5 lakh per month if employed for part of the year. Sebinoted that while listed AMCs are already subject
Nifty 500 Q4 Review: HDFC Bank, Indian Oil, Tata Motors Among Top Winners, Losers; Key Sector Trend — Read Motilal Oswal's Report
Of the 23 key sectors, 14 posted double-digit profit growth in Q4 FY26.
Wipro's Rs 15,000 crore buyback opens tomorrow: 10 key things to know before tendering shares
Wipro's substantial Rs 15,000 crore share buyback commences tomorrow, June 11, closing on June 17. Investors can tender shares at Rs 250 each, offering a significant premium. Small shareholders receive preferential treatment with a dedicated quota. This move aims to boost share value and utilize surplus cash, with promoters also participating.
Wipro buyback opens on June 11; here's everything investors need to know
According to the company's regulatory filing, Wipro's board has approved the repurchase of up to 60 crore fully paid-up equity shares with a face value of ₹2 each.
Pharma in her DNA, Wockhardt scion ready for deep dive in the US
Zahabiya Khorakiwala is leading Wockhardt's US business and the launch of its new antibiotic, Zaynich. This drug targets resistant bacterial infections and is a significant bet for the company. Zaynich's US approval marks a major breakthrough after decades without new antibiotics. Zahabiya is focused on hospital penetration, physician advocacy, and demonstrating economic value to healthcare systems.
Va Tech Wabag led consortium bags biorefinery project in UAE
Va Tech Wabag (WABAG) has secured the design & build contract for the proposed Ajman Sewage Biorefinery Plant Phase 3 in the United Arab Emirates from Ajman Sewerage (Private) Company. The project will be executed through a consortium arrangement, with WABAG serving as the consortium leader. According to the company's project classification, the value of the order ranges between Rs 250 crore to 600 crore.
TCS has lost more market value than the Tata Group during the first six months of the year
TCS currently is trading at the lowest level since June of 2020. For the first six months of the year, including June, it has declined in five of them, and the last time the stock was down more than 30% in a calendar year goes all the way back in 2008 when it had declined 55%.