Tag Archives: Business news

Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, Zydus Lifesciences and National Aluminium are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for March 21, 2025:Index View: NIFTYNifty despite ongoing global volatility maintained a positive bias and on expected lines managed to hold above …

MUMBAI: Dovish comments from the US Fed chair on Wednesday night after keeping rates unchanged led to an 899-point rally in sensex on Thursday that took the index to close above the 76K mark, a one-month closing high. It was the fourth consecutive session of gains for the index during which it added a little over Rs 2,500 points or …

MUMBAI: US investment firm Bain Capital has signed definitive agreements to acquire joint control in Kerala-based Manappuram Finance – India’s second-largest gold loan company.Bain Capital will invest around Rs 4,385 crore for an 18% stake through a preferential allotment of equity and warrants at Rs 236 per share, reflecting a 30% premium over the six-month average trading price.The deal, the …

For weeks, the US economic picture has been darkening. If Wednesday was an opportunity for Federal Reserve chief Jerome Powell to raise the alarm, he took a hard pass. Speaking to reporters following a two-day meeting of policymakers, Powell downplayed mounting growth concerns and the price hits that could be on the way from President Donald Trump’s aggressive trade war. …

Union Railways Minister Ashwini Vaishnaw NEW DELHI: IT & electronics minister Ashwini Vaishnaw on Thursday said that India should develop software products and added there have been efforts by local startups to develop an indigenous browser.“India has a strong IT sector with revenues of more than $282 billion. The focus so far was on services. Govt is now promoting startups, …

Air India is considering a substantial new order for wide-body aircraft from both Boeing and Airbus, according to industry sources, as part of its ongoing transformation under Tata Group’s ownership.The discussions are for 30 to 40 aircraft, divided between Airbus A350 and Boeing 777X models, with possibilities of exceeding 50 aircraft. Sources indicated to Reuters that the specifics remain under …

This recruitment initiative is aligned with the company’s yearly lateral hiring strategy. Infosys, the Narayana Murthy founded software giant, is currently seeking experienced professionals across more than 40 different skill sets to fill various positions. The organisation requires candidates with a minimum of two years’ work experience in specialised fields including cloud computing, cyber security, Java Python, dotnet, Android/IoS development …

Department of Financial Services noted that reduced financial savings create challenges for banks’ liquidity management. (AI image) The Finance Ministry has told the Parliament about the risks associated with households moving their deposits from banks to market-linked financial instruments seeking better returns. This shift could expose families to substantial market risks, potentially leading to monetary losses during periods of market …

Market observers remain uncertain about the sustainability of mid and small cap stocks’ recovery. (AI image) Mid-cap and small-cap stocks back on track? The mid-cap and small-cap stocks’ recent upward movement suggests potential for further upside. Technical indicators in the short term suggest their indices could rise by an additional 5%, following a similar increase over the past three trading …

The Ministry of Road Transport and Highways is developing annual and lifetime toll charges for national highways. (AI image) The Modi government is working on a plan to reduce the toll payout for regular national highways’ users. Road Transport and Highways Minister Nitin Gadkari has announced that a new policy for national highway toll charges would be introduced shortly, offering …