Synopsis: Goldman Sachs, Abu Dhabi Investment Authority, BNP Paribas, Bandhan Bank, BoFa Securities, and many more fund houses took part in the 6,256 crore block trade that was triggered by the selling by SMBC. The shares of this leading private bank saw great...
Synopsis: Samvardhana Motherson International acquired the remaining 25 percent stake in two Turkish firms, achieving full ownership and advancing its global expansion alongside recent acquisitions in Japan. During Wednesday’s trading session, shares of a global...
Synopsis: HAL has signed a Technology Transfer Agreement with ISRO, IN-SPACe, and NSIL to manufacture SSLVs for launching satellites under 500 kg into Low Earth Orbit. Over the next decade, HAL will absorb and mass-produce this technology to meet rising global demand....
Synopsis: The Indian government is planning GST reforms that will benefit the automobile sector just before the 2025 festive season. As per the announcement, the GST on two-wheelers with engines up to 350cc has been cut from 28 percent to 18 percent. However, bigger...
India’s airport infrastructure sector has been witnessing robust growth, backed by rising passenger traffic, new project developments, and strong non-aero revenue generation. With government focus on capacity expansion and private sector participation, the sector is...
Synopsis: Kotak Mahindra Bank shares gained after a massive Rs. 6,256 crore block deal saw 3.22 crore shares traded at Rs. 1,941 apiece. The transaction, accounting for 1.62 percent of the bank’s equity, is linked to Sumitomo Mitsui’s stake sale as part of its planned...
Synopsis: Ambuja Cements Limited is in the focus after CLSA has assigned new target prices, highlighting future performance. Adani group’s stock is in the spotlight during today’s trade after analysts have assigned fresh target prices for the stock, drawing investor...
Synopsis: On Monday, Asian Paints announced plans to invest around Rs.2,000 crore in a new manufacturing plant in Indore, aimed at boosting capacity amid rising competition. The shares of India’s largest paint producer, catering to both decorative and industrial...
Synopsis: Infosys Ltd’s share rose over 4 percent after announcing a board meeting on Thursday to discuss a proposed share buyback. India’s second-largest IT company is in focus as it holds a board meeting on Thursday to discuss a proposal of share buyback,...
Following the latest GST reforms, several leading automakers have announced that they will pass on the tax benefits directly to customers. This move is expected to make vehicles more affordable, increase demand in the automotive sector, and provide a much-needed boost...
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