Daily Headlinez Top News Updates
NEW DELHI: India and Vietnam have decided to further expand and deepen their defence cooperation, including in important emerging areas like cybersecurity and real-time exchange of information, even as they inked a MoU on submarine search and rescue collaboration.The Defence Policy Dialogue, co-chaired by defence secretary Rajesh Kumar Singh and Vietnam’s deputy minister of national…
Tata Power on Tuesday announced plans to invest Rs 1,572 crore to acquire a 40 per cent equity stake in a special purpose vehicle (SPV) that will develop the 1,125 MW Dorjilung hydropower project in Bhutan, marking a key step in its green energy expansion strategy, PTI reported.According to a regulatory filing, the acquisition-to be…
Veterans Day 2025 will be observed on Tuesday, November 11, across the United States, honouring all who have served in the military –in both wartime and peace. Originally observed as Armistice Day in 1919, one year after the end of World War I, the day was renamed Veterans Day in 1954 to commemorate all American…
US-based private equity firm General Atlantic (GA) is close to acquiring a 7% stake in Balaji Wafers for about Rs 2,500 crore (approximately $282 million), valuing the Gujarat-headquartered snack maker at nearly Rs 35,000 crore (around $4 billion). Two people familiar with the matter confirmed that the deal is in its final stages.As per ET,…
The grey market premium (GMP) for online investment platform Groww has sharply declined by nearly 70%, dropping from Rs 16 at its peak to around Rs 5 before its listing. This translates to a modest 5% premium over the IPO price of Rs 402 per share, signalling cautious investor sentiment after Lenskart’s weak listing.Prashant Tapse…
India’s domestic growth cycle may be nearing its lowest point, with several supportive economic factors pointing to a possible rebound in the coming months, according to a report by HSBC Mutual Fund.The report noted that low interest rates, steady liquidity conditions, easing crude oil prices and a normal monsoon are all helping to create a…
MUMBAI: Bajaj Finance reported a 24% jump in core profit for the Sept quarter of FY26, driven by strong loan growth and expansion in its customer base.The company’s standalone profit after tax stood at Rs 4,251 crore, 24% lower than Rs 5,614 crore a year earlier due to a one-time gain from the sale of…
MUMBAI :Hotel room demand will outpace supply between FY25 and FY28, despite a 5–6% annual rise in premium room additions according to rating agency Icra. Occupancies are projected to rise 200 basis points to 72–74% in FY26, with average room rates increasing 3–6% to Rs 8,200–8,500. Demand is expected to expand 8–10% annually. “India’s premium…
MUMBAI: Tech-driven eyewear solutions company Lenskart listed on the bourses on Monday at 3% discount to its IPO price of Rs 402 but closed the session at Rs 403.3, marginally above its offer price. In the run-up to the IPO, there were concerns that the company’s stocks were being sold at a very high valuation,…
MUMBAI: The bad loan business showed faint but firm signs of recovery in September 2025, as the portfolio of asset reconstruction companies (ARCs) turned positive after two quarters of contraction. The rebound came despite rating agencies predicting a continued shrinkage in the sector, with banks accelerating sales of retail stressed assets to clean up their…
