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Asian stocks rose for a second straight session on Thursday, extending this week’s global rally as investors grow increasingly confident that the US Federal Reserve will deliver a third consecutive interest rate cut next month.The renewed optimism has pushed concerns over stretched valuations into the background for now, allowing risk appetite to strengthen across global…
SoftBank-backed e-commerce firm Meesho will open its initial public offering on December 3, featuring a Rs 4,250-crore fresh issue of shares, according to the red herring prospectus filed on Thursday. The issue will close on December 5, while anchor investors will be allotted shares on December 2, PTI reported.Alongside the fresh issue, the IPO will…
Japanese beer giant Asahi on Thursday delayed the release of its full-year financial results as it continues to grapple with a major cyberattack that began in late September.“While the Company is making every effort to restore the system as quickly as possible, it has decided to postpone the announcement of financial results for the fiscal…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Samvardhana Motherson International, Adani Ports and Special Economic Zone, and Max Financial Services Ltd. Here’s his view on Nifty, Bank Nifty and the…
India’s textiles sector is set for a research and innovation lift with the government approving the Rs 305 crore Tex-RAMPS scheme, the textiles ministry said on Thursday, as reported by PTI. The initiative will run from 2025 to 2031 as a fully funded Central Sector Scheme.According to the ministry, the Textiles Focused Research, Assessment, Monitoring,…
Gold price structure now indicates that buyers are firmly in control, and dips are likely to attract fresh demand. (AI image) Gold and silver price prediction today: Gold prices and silver prices are showing strength again and are likely to maintain a bullish momentum, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…
Markets regulator Sebi on Thursday rolled out a revised incentive framework for mutual fund distributors, offering additional payouts for bringing in first-time individual investors from B-30 cities and new women investors from any location.Designed to widen outreach and improve awareness, the new structure will take effect from February 1, 2026, Sebi said in a circular,…
HYDERABAD: Prime Minister on Thursday virtually inaugurated Hyderabad-based spacetech startup Skyroot Aerospace’s Infinity campus on the outskirts of Hyderabad and also unveiled Skyroot’s first commercial orbital rocket, Vikram-I, that will ferry satellites to into low Earth orbit (LEO).The state-of-the-art facility is spread over 2 lakh sq ft for designing, developing, integrating and testing multiple launch…
Financial services firm Equirus Group on Thursday announced the appointment of Manishkumar Jain as the chief executive officer of Equirus Finance, its newly launched non-deposit-taking NBFC, days after receiving approval from the Reserve Bank of India (RBI).Jain will lead the NBFC’s expansion and build a diversified lending franchise focused on high net-worth individuals (HNIs), family…
