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Source: Live Mint Multibagger stock: Rathi Steel & Power Limited shares jumped on Monday, March 24, as the company announced the allotment of equity shares by converting preferential shares, according to an exchange filing. As per the data, the board of directors approved the allotment of 13,00,001 or 13 lakh equity shares with a face…
Source: Live Mint Chipmaking giant Nvidia Corporation’s shareholders expect that the keynote speech from their Chief Executive Officer (CEO), Jensen Huang, will deliver enough optimism to fuel the stock’s recent rebound, reported the news agency Bloomberg on Sunday, March 23. Also Read | Nvidia CEO Jensen Huang apologizes for his quantum effect Nvidia hosted its…
Source: Live Mint Mining giant Vedanta-owned firm, Hindustan Zinc received an official penalty notice from the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) over non-compliance of the number of independent directors on the firm’s board, according to an exchange filing. “The Company has received a Notice from BSE Limited and National Stock…
Source: Live Mint However, the narrative is shifting. After a strong start to 2025, US equity markets have hit turbulent waters. Tariff concerns loom large as President Donald Trump imposes fresh trade barriers and threatens more, with no clear resolution in sight. Consumer sentiment has been the biggest casualty of this uncertainty, with surveys showing…
Source: Live Mint The Competition Commission of India (CCI), the country’s antitrust regulator, on Monday, March 17, announced that it had approved Tata Group’s holding firm Tata Sons’ plan to purchase an additional stake in Tata Play. According to an official notification, the antitrust regulator allowed Tata Sons to raise its stake in Tata Play…
Source: Live Mint State-owned non-banking financial company (NBFC) Indian Renewable Energy Development Agency’s (IREDA) board of directors approved the fundraising move of ₹5,000 crore through debt instruments, according to an exchange filing. According to BSE data, the company aims to borrow funds through corporate bonds of various categories from banks, other foreign investors, and international…
Source: Live Mint The U.S. tariff disruption to the world has intensified. Following the imposition of an additional 10% tariff on Chinese imports in February, the rate was further increased by another 10% in March. Consequently, the average U.S. tariff on Chinese goods could reach 39%, marking a steady rise over the past eight years….
Source: Live Mint India is structurally strong and cyclically slow, which led to a slowdown in corporate earnings from 8% to 10% from 15-20%. High interest rates, India’s general elections, and global political shifts contributed to the slowdown. The equity market trades at 19x, close to the Covid Feb 2020 lows of 18.3x. Also Read…
Source: Live Mint India’s mergers and acquisition (M&A), along with the private equity (PE) deals, hit a new monthly high of $7.2 billion in February 2025, reported the news agency PTI, citing a Dealtracker report of Grant Thornton Bharat on Saturday. This new high marked the largest deal volumes in the last three years. This…
Source: Live Mint New York-based investment giant Blackstone Inc. will acquire a 40 per cent stakeholding in Kolte-Patil Developers Limited, an Indian real-estate firm, for a value of ₹1,167.03 crore, according to an exchange filing. This transaction will trigger an open offer for Blackstone to purchase the shares from the existing promoter shareholders. According to…
