Economy
-
-
CoreWeave CEO Michael Intrator reports $25.2 million stock sale
-
Control empresarial, Talos Energy 10% owner, sells $25.5M shares
-
Sebi to examine discount brokers’ concerns over new UPI MDR
Sebi is set to investigate the issues raised by discount brokers regarding new UPI charges that will impact large fund transfers starting October fifteenth. Brokers are particularly concerned that these additional costs may heavily burden them, as trades are not insured after the transfers are made. Additionally, the complexity of quarterly settlements could further escalate…
-
Market rides out ‘expected’ US rate hike, Nifty up 0.2%
Indian stock markets wrapped up the day on a slightly positive note on Thursday, digesting the anticipated hike from the US Federal Reserve. The Nifty index gained traction, while the Sensex slipped marginally. As bond yields eased following the 25-basis-point rise and oil prices corrected, domestic institutions buoyed market performance amidst foreign investor sell-offs. This…
-
NSE IPO subscribed 0.43 times on day 1, NII bids highest
The National Stock Exchange’s large initial public offering saw limited subscription on its first day. Non-institutional investors placed the most bids, while retail and qualified institutional buyers showed less interest. This offer for sale involves existing shareholders selling their stakes, not raising new capital for the exchange. The subscription period remains open until September twenty-first,…
-
Tata stocks rise on listing hopes, Chandra’s extension
Tata Sons has announced the reappointment of N Chandrasekaran as executive chairman for the next five years, sparking discussions about future strategic moves, including a possible listing. However, Tata Trusts has deemed this reappointment legally void, signaling potential tensions that may hinder group initiatives and delay unlocking shareholder value. The conflicts between these entities are…
-
India’s construction equipment exports to surpass 20,000 units in FY27, driven by global demand
Indian construction equipment exports are set to surpass twenty thousand units this fiscal year. This growth represents a nineteen percent increase from fiscal year twenty twenty-six projections. Demand is strong from Europe, the United States, and Australia. New emission norms and trade agreements are boosting these international sales. This trend highlights India’s growing manufacturing competitiveness…
-
GE Aerospace says GE9X mid-seal problem will not delay Boeing 777X entry into service
-
Cooper needs urgent overhaul and new CEO, activist Jana Partners says – WSJ