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Gland Pharma block deal: Fosun Pharma divests 99 lakh shares worth Rs 2,800 crore
Fosun Pharma sold a 6% stake in Gland Pharma for ₹2,800 crore via a block deal, reducing its holding to 45.77%. Major buyers included Kotak,
US diesel prices hit a record high, pushing up transportation costs for a long list of goods
Diesel prices soared to unprecedented levels in the United States on Friday, primarily due to the six-month conflict involving Iran. This rise in costs is
Sebi approves 3 IPOs of Cosmic PV, Monomark, RKB Global along with NSE
SEBI has approved IPOs for Cosmic PV Power, Monomark Engineering, and RKB Global, alongside the National Stock Exchange’s major public offer. These approvals highlight a
Bumper FCNR(B) inflows may dilute banks’ margins but boost earnings by up to Rs 11,000 crore: Jefferies
The FCNR(B) scheme’s $127 billion inflows should boost banking sector earnings by Rs 10,000–11,000 crore annually, despite potential near-term margin pressure. Analysts highlight significant benefits
Which stocks should you buy ahead of the festive season? Here are Kotak Securities’ top 10 picks
India’s festive season is expected to drive a strong consumption boost, with analysts identifying sectors and stocks that could benefit. The period from Ganesh Chaturthi
Strong jobs report fuels Fed rate hike prospects as Trump escalates rate cut pressure
A stronger US jobs report has raised expectations of a September Fed rate hike, while Donald Trump has stepped up pressure on the central bank