Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
Japan’s regional banks are moving away from China and expanding towards Singapore and India as supply chains change, Nikkei Asia reported. Rising labour costs in China and difficulties faced by Japanese manufacturers…
Brokerage CLSA has retained a High Conviction Outperform rating on Persistent Systems and Coforge, naming them as its top picks in the Indian IT sector. Persistent shares rose as much as 2.47%…
Motilal Oswal has maintained a bullish stance on Oil and Natural Gas Corporation, citing attractive risk-reward. The brokerage expects ONGC's gas price realisation to continue rising, unlike Oil India, as 7-8% of…
Jefferies has said TBO Tek is well placed to benefit from the growing luxury travel market in North America through its subsidiary Classic Vacations. The brokerage sees the company leveraging Classic Vacations'…
India's tanker exports surged more than six-fold to $1.36 billion in the April-June quarter, from $221.1 million a year earlier, according to commerce ministry data reported by The Hindu Business Line. The…
Wheels India's board has approved a preferential private placement of 1,269,391 equity shares of face value Rs 10 each at an issue price of Rs 1,418 per share, aiming to raise up…
Motilal Oswal has set a target price of Rs 720 for ICICI Prudential Asset Management Company, implying a potential upside of 23% from current levels. The brokerage cited multiple growth drivers, including…
Monthly sales of commercial vehicles in India are approaching the 1 lakh mark, driven by strong rural demand and government spending on infrastructure projects. Industry data shows that sales have been steadily…
The US Senate is advancing the Digital Asset Market Clarity Act, a Bill that aims to create a clear regulatory framework for digital commodities and define the roles of the SEC and…
Shares of L&T Technology Services (LTTS) surged as much as 3.3% on Wednesday, hitting an intraday high of Rs 3,625.20, after the company announced a five-year international deal worth more than $75…
