Moody’s Ratings on Friday said with a 7 per cent GDP expansion in 2025 and 6.4 per cent in the next year, India will lead growth among emerging markets and across the Asia Pacific region. Moody’s also said that India’s domestic growth drivers underpin its economic resilience amid global uncertainty. (Bloomberg) Moody’s also said that
Synopsis India’s market regulator SEBI is probing Jindal Poly Films for alleged securities law breaches. The investigation focuses on dealings between group companies. SEBI has also joined a class action lawsuit filed by minority shareholders. This intervention aims to influence the legal proceedings. Jindal Poly Films states it has received no official notices from SEBI
Synopsis Any incremental growth is likely going to be driven by a pickup in retail lending segments such as housing, MSME, two-wheelers, and gold loans. But analysts expect the asset quality to remain stable, despite growing retail demand. The agency has upgraded its credit growth outlook to 11.5%-12.5% for FY26, up from an earlier average
U.S Stock Market indexes S&P 500, Dow Jones, Nasdaq are closed on Thanksgiving day. Will Wall Street, New York Stock Exchange (NYSE) function on Black Friday? Yes, U.S. Stock Market will open on Friday, November 28. However, business hours are set to be curtailed. S&P 500, Dow Jones, Nasdaq will open on Black Friday as
Synopsis Haleon India is reportedly set to appoint Kedar Lele, the outgoing MD of Castrol India, as its new chief early next year. Lele will succeed Navneet Saluja, who retired in October. This appointment marks another leadership change in India’s legacy consumer sector, with Haleon India managing popular brands like Sensodyne and Crocin. Listen to
Synopsis Purple Wave Infocom’s ₹31.forty five crore SME IPO opened on Friday without a gray-market top charge, indicating a neutral debut. The state, priced at ₹120–126 per fragment, is a fully recent offer of 24.96 lakh shares and closes on December 2. Retail merchants must convey for no longer no longer up to two,000 shares,…
Synopsis Thyrocare Applied sciences will swap ex-bonus this day for its 2:1 bonus share reveal, below which merchants will earn two additional shares for every held. The checklist date for determining eligible shareholders is November 28. ETMarkets.comThyrocare Applied sciences will swap ex-bonus this day for its 2:1 bonus share reveal. Shares of Thyrocare Applied sciences…
The US bankruptcy court has held Byju’s founder and CEO, Byju Raveendran, in contempt for failing to follow its orders in the ongoing case involving the company’s US unit, Byju’s Alpha.