Let’s say an investor has a house in Switzerland and a beach house in Miami. They’re worth, perhaps, $10 million. But what they are really looking for right now is a line of credit for some time on the slopes at St. Moritz, a trip to the Cannes film festival and a few upgrades to…
Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, with a strong consensus forming around IT major HCL Technologies. While most recommendations point to buying opportunities in the energy, metal, and financial sectors, experts have also flagged a selling opportunity in the financial services space. HCL Technologies HCL Technologies emerged…
Avenue Supermarts Ltd, which owns and operates retail chain D-Mart, has reported a 13.15 per cent rise in its standalone revenue from operations to Rs 17,612.62 crore for the third quarter ended December 31, 2025.The company had registered Rs 15,565.23 crore revenue from operations a year ago, Avenue Supermarts informed BSE in a regulatory filing…
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BENGALURU: Masayoshi Son-led SoftBank Group pared its holding in Ola Electric Mobility to 13.5% from 15.6%, in what appears like a staggered exit from the electric 2-wheeler maker that was once among its marquee India bets. SVF II Ostrich (DE), a SoftBank affiliate and Ola Electric’s second-largest shareholder after founder Bhavish Aggarwal, sold 9.4 crore…
NEW DELHI: The Central Drugs Standard Control Organisation this week moved to fast-track approvals for new medicines by allowing No-Objection Certificates (NOCs) for laboratory testing to be issued immediately upon receipt of applications — a step aimed at reducing delays in the drug approval process.Under the revised procedure, NOCs for testing new drugs at designated…
Ministry of home affairs. (File Photo) New Delhi: The Union home ministry on Friday constituted a second empowered committee for West Bengal to fast-track the processing of citizenship requests received under Citizenship Amendment Act, 2019 (CAA). CAA provides for grant of citizenship to immigra-nts from Pakistan, Afghanistan and Bangladesh belonging to their six minority faiths…
Governor Malhotra is of the opinion that inflation will stay low or manageable, and the policy rates will be low for a prolonged period. The Reserve Bank cut its key rates at four of the six monetary policy reviews of 2025 by a cumulative 1.25 per cent, courtesy inflation touching record lows, in what the…
