The US SEC has requested information from SEBI regarding its investigation into Jane Street for alleged manipulation of India’s derivatives market. SEBI has responded to the SEC’s queries, adhering to IOSCO guidelines. Jane Street faces allegations of manipulating the Bank Nifty Index, with SEBI imposing and then conditionally lifting a trading ban after the firm…
Infosys reported a 9% YoY increase in consolidated net profit, reaching Rs 6,921 crore for Q1, with revenue up 8% to Rs 42,279 crore. The company has revised its revenue growth guidance upward, projecting 1-3% growth in constant currency for FY26. Despite a slight dip in operating margin, Infosys secured significant deals and maintained strong…
India’s IPO market is set for a surge in the second half of 2025, with companies aiming to raise Rs 2.58 lakh crore. This follows a strong first half, driven by robust investor demand and mutual fund participation. Several major IPOs are in the pipeline, fueled by private equity exits and confidence in market resilience.
Global shipping firms and petroleum traders are reportedly avoiding Nayara Energy, an Indian refiner, following recent EU sanctions linked to its significant stakeholder, Rosneft. Several vessels, including the Talara and Chang Hang Xing Yun, have altered course or cancelled bookings with Nayara.
Pakistan’s reliance on foreign loans surged to $26.7 billion in the last fiscal year, with a significant portion used for debt rollovers rather than project financing. The nation heavily depends on borrowing from multilateral institutions and countries like Saudi Arabia and China to maintain reserves.
Paytm’s parent company, One 97 Communications, soared to a new 52-week high, reaching Rs 1,090 on BSE, marking a 3.5% increase. The company reported its first quarterly profit of Rs 122.5 crore for Q1FY26, a significant turnaround from the previous year’s loss.
Asian markets experienced a surge, particularly in Japan, following President Trump’s announcement of a trade deal. The agreement includes reduced tariffs on Japanese exports to the US, boosting automaker stocks and overall investor sentiment. While details remain unclear, the deal has sparked optimism for broader trade relief and potential rate hikes by the Bank of…
Tata Consultancy Services has postponed the onboarding of approximately 600 experienced lateral hires. NITES has appealed to the Labour Minister, seeking intervention for definite timelines, compensation, and mental health support.
The Indian passport has significantly improved its ranking on the Henley Passport Index, climbing to 77th place due to increased visa-free access to 59 destinations. This advancement reflects a broader trend of Asian nations gaining global mobility, while traditionally strong passports like the US and UK are experiencing a decline.
Stock market recommendations: Anand Rathi Shares and Stock Brokers’ Mehul Kothari recommends RHI Magnesita India, Exide Industries, and Swiggy as top stock picks. RHI Magnesita shows a strong breakout, indicating a potential uptrend. Exide has broken a long-term downtrend, signaling a bullish phase. Swiggy demonstrates a breakout supported by positive sector sentiment, targeting ₹460 and…
