Ahead of one of the most important holidays in Southeast Asia, Indonesia’s market turbulence is exacerbating economic concerns that dampen the mood of businesses, consumers, and individual investors. Ahead of one of the most important holidays in Southeast Asia, Indonesia’s market turbulence is exacerbating economic concerns that dampen the mood of businesses, consumers, and individual…
To refinance its $575 million convertible notes that are due next year, Wolfspeed Inc. is having trouble negotiating a deal with investors. To refinance its $575 million convertible notes that are due next year, Wolfspeed Inc. is having trouble negotiating a deal with investors. According to sources who know the situation and requested not to…
Due to a bleak economic forecast brought on by US tariffs, UBS Global Wealth Management reduced its 2025 earnings per share (EPS) projection for the S&P 500 benchmark from $270 to $265. Due to the economic effects of US trade tariffs, UBS Global Wealth Management lowered the S&P 500’s 2025 goal to below 6,500, echoing…
India suggests retaliatory taxes following the EU’s extension of protective measures on some steel goods. March 28, New Delhi (PTI) Since the two sides cannot agree on the European Union’s restrictive safeguard measures on specific steel products, India has suggested applying retaliatory taxes under WTO regulations on items imported from the EU. India said it…
These companies had a 3% decline in early Friday trading, while the Nifty Auto and Nifty Pharma indexes saw 0.9% and 0.7%, respectively. Ahead of the April 2 deadline, when US President Donald Trump’s tariffs are scheduled to go into force, investors in the pharmaceutical and car industries are nervous. The performance of these stocks,…
Although it was carried out at arm’s length, the transaction between Jio Financial and its subsidiary is eligible as a related-party transaction. On the BSE, Jio Financial Services Limited’s shares closed at ₹225.90, up ₹3.50, or 1.57%. On Thursday, March 27, Jio Financial Services Limited said that it has subscribed for 1,73,77,412 equity shares at…
Due to modifications in the delivery schedule, the revised contract value has increased from ₹5,989.39 crore to ₹6,542.20 crore. On the BSE, shares of Hindustan Aeronautics Ltd. closed at ₹4,161.60, up ₹33.70, or 0.82%. Leading defense PSU Hindustan Aeronautics Limited (HAL) said on Thursday, March 27, that it has modified the original December 23, 2010,…
The NSE Nifty50 increased 105.10 points to close at 23,591.95, while the S&P BSE Sensex finished 317.93 points higher at 77,606.43. After a rocky start, benchmark stock market indexes staged a robust rebound and completed Thursday’s trading day on a high note. The NSE Nifty50 increased 105.10 points to close at 23,591.95, while the S&P…
Bengaluru Metro awarded Railway Stock a ₹405 Crore order, increasing its metro rail footprint and fostering the long-term expansion of urban transportation infrastructure. Bengaluru Metro has placed an order for Railway Stock worth ₹405 crore. This move strengthens its position in the metro rail segment, which is also anticipated to improve growth prospects in the…
About 5.8% of JB Chemicals’ equity was sold in a block sale, with KKR, the company’s promoter, most likely the seller. Following a block transaction on the markets, JB Chemicals’ stock fell more than 6% in early trading on March 27. During the block transaction window, up to 90 lakh shares of the business, or…