Technocraft Industries Shares Surge Over 14% on Strong Q1 Profit
Shares of Technocraft Industries (India) Ltd. jumped over 14% to Rs 3,299.90 on Friday after the company reported a 69.6% rise in consolidated net profit to Rs 134 crore for Q1 FY27.…
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Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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Silver Lake in talks to buy Workday in potential $43B deal
Private equity firm Silver Lake is in early talks to acquire Workday, the human-resources and financial management software company valued at roughly $43 billion, Reuters reports citing sources. Workday shares surged nearly…
KKR-backed LEAP India lists at 4% premium, then falls below issue price
LEAP India, backed by KKR, listed at Rs 165.90 on the NSE on Friday, a 4.3% premium to its issue price of Rs 159, and at Rs 166 on the BSE. The…
Centricity raises Rs 280 crore from SMBC fund
Wealth management startup Centricity has raised Rs 280 crore in a funding round led by SMBC Asia Rising Fund. Existing investors Lightspeed India Partners, Burman Family Office, and others also participated. The…
Rupee gains 2 paise in early trade, logs weekly decline
The rupee opened 2 paise higher at 95.43 against the US dollar on Friday, helped by a weaker dollar index that slipped to 99.7. But the currency closed the week 0.2% lower…
NCR developers tap fund houses for liquidity lifeline
Blackstone-backed ASK Property Fund has signed a Rs 500 crore platform arrangement with Bhumika Group to invest in NCR real estate, with an initial Rs 125 crore commitment for a 20-acre plotted…
Luthra partner Arjun Nihal Singh moves to Dentons Link Legal
Arjun Nihal Singh, a partner at Luthra and Luthra, has joined Dentons Link Legal as a partner in its competition practice. Singh, who graduated from Amity Law School in 2014, spent over…
Tata Motors shares split as CV unit gains, PV arm tumbles
Tata Motors shares presented a split picture on Friday. The commercial vehicles arm rose 6% after brokerages upgraded it on a brighter outlook. Nomura raised its target to Rs 554 on healthy…
Sensex, Nifty open lower on US-Iran tensions, crude oil rise
Indian stock markets opened lower on Friday, with the Sensex dropping 176 points to 77,903 and the Nifty falling 34 points to 24,362, as investors weighed rising crude oil prices from the…
Ajit Mishra, Mehul Kothari recommend short-term stock picks
Ajit Mishra of Religare Broking has recommended buying Mazagon Dock Shipbuilders, Oberoi Realty, and PB Fintech for the next one to two weeks. Mazagon Dock has a target price of Rs 2,790,…
