Citi Sees Up to 17% Upside for Reliance Industries Stock as Brokerage Turns More Bullish on Jio and Consumer Business
Reliance Industries Ltd (RIL), India’s largest conglomerate, has once again taken center stage in the equity market after global brokerage firm Citi projected a strong upside for the stock. The…
Auto Industry Faces a Tough New Year as Rising Costs Clash With Stricter Anti-Profiteering Scrutiny
India’s automotive sector is heading into the new year with an unusually challenging dilemma. For years, January has been the traditional window when automakers introduce annual price hikes—normally in the…
India Loses Top Manufacturing Spot as PMI Drops to Nine-Month Low
India’s manufacturing sector lost momentum sharply in November, slipping from its position as the world’s fastest-growing major manufacturing economy. The latest HSBC Manufacturing Purchasing Managers’ Index (PMI) showed a steeper-than-expected…
Michael Burry Warns AI Bubble Could Burst Harder Than 2000, Hitting Nvidia and Palantir the Most
Michael Burry — the contrarian investor made famous by The Big Short — has issued a strong warning about what he sees as a dangerously inflated artificial intelligence bubble. In…
Rupee’s Sharp Slide Past 90 Sparks PE Exit Concerns
The Indian rupee’s fall beyond the ₹90-per-dollar mark on December 3, its weakest level on record, has triggered fresh concerns across the private equity (PE) ecosystem. The nearly 5% depreciation…
IT Rally Lifts Markets as Late Buying Keeps Sensex and Nifty Flat Despite Rupee’s Record Low
Sensex and Nifty Struggle for Direction as Rupee Hits Record Low and Final-Hour Buying Limits Losses Index Price Change % Chg Nifty 50 25,986.00 46.20 -0.18% Nifty Bank 59,348.25…
Bangalore Metro Awards BEML a Rs.414-Crore Contract to Expand Its Train Fleet
BEML Bags Major ₹414 Crore Bangalore Metro Order as Phase II Expansion Gains Momentum In a development that reinforces its growing presence in the country’s mass transit sector, BEML Ltd…
Corona Remedies Builds Momentum for Its Rs.655-Crore IPO With Strong Myoril Push
Corona Remedies Turns Myoril Acquisition Into a High-Growth Engine Ahead of Its ₹655-Crore IPO In the months leading up to its ₹655-crore initial public offering (IPO), Corona Remedies Limited has…
Chemical Firm Finalises Record Date for Bonus and Stock Split to Reward Shareholders
Bharat Rasayan Sets Record Date for Bonus Issue and Stock Split to Reward Shareholders In a move aimed at rewarding long-term investors and improving liquidity in the stock, Bharat Rasayan…
SFIO Likely to Charge Vivo This Month in Ongoing Fund Diversion Probe
SFIO Set to Charge Vivo This Month as Fund Diversion Probe Enters Final Stage The Serious Fraud Investigation Office (SFIO) is preparing to file its chargesheet against Vivo, one of…
