SBI to Raise Up to $3 Billion in FY26 via Public Offer or Debt Issue
In a key move to strengthen its long-term capital base, State Bank of India (SBI) — the country’s largest lender — has announced plans to raise up to $3 billion…
Blackstone Leads Race for $1.1–$1.3 Billion Buyout of EQT-Backed AGS Health
In a major development in the healthcare IT space, global private equity giant Blackstone has emerged as the frontrunner to acquire AGS Health, a leading revenue cycle management (RCM) services…
Auto Stocks Selloff Intensifies Post Four-Day Rally; Hero Moto, Bajaj, Maruti Lead Losses
Shares of Indian automakers plunged sharply on May 20 as profit booking took hold following a robust four-session rally that had driven sectoral gains. The Nifty Auto index fell over…
Power Grid Falls After Q4 Results; Morgan Stanley Keeps ‘Equal-Weight’ Rating
Shares of Power Grid Corporation of India Ltd fell on Tuesday, May 20, after the state-run transmission utility reported muted financial performance for the January-March quarter of FY25. The stock…
Hindalco Q4 Profit Up 10% to ₹1,561 Cr; Declares ₹5 Dividend
Hindalco Industries Ltd, India’s leading metals company, reported a 10% year-on-year increase in standalone net profit for the March quarter (Q4 FY24), reaching ₹1,561 crore. This improvement was largely attributed…
US Tariffs Weigh Heavily on Global Exporters, Study Reveals
A recent global survey by Allianz Trade highlights the growing pessimism among exporters worldwide following a new wave of US tariffs. According to the study, 42% of companies now anticipate…
US Shale Growth May Stall at Current Oil Prices: ConocoPhillips CEO
U.S. Shale Oil Output Poised for Plateau Amid Current Price Levels U.S. shale oil production is likely to plateau if crude prices remain within their current range, according to ConocoPhillips…
SEBI Panel Holds First Meet to Draft Conflict of Interest Code
Sebi’s High-Level Panel on Conflict of Interest Holds First Meeting, Seeks Stakeholder Views A high-level committee formed by the Securities and Exchange Board of India (Sebi) convened for the first…
Sensex Sinks 600 Points, Nifty Slips Below 24,800 on Global Jitters
Indian equity benchmarks slumped sharply on May 20, as weak global cues, persistent foreign investor selling, and heightened macroeconomic uncertainties dragged down market sentiment. The Sensex fell 604.57 points or…
Moody’s: Indian Ports Poised to Gain from China+1 Shift
Indian Ports Poised for Strategic Upside Amid China+1 Shift, Says Moody’s Ratings Indian ports are emerging as strategic beneficiaries of the global manufacturing shift driven by the China+1 strategy, according…
