Business News

Business

Exclusive Stock Picks for May 16, 2025: Kiri Industries and HFCL Lead the Charge

Bajaj Broking Research recommends Kiri Industries and HFCL as top stock picks for May 16, 2025, highlighting a strong market uptrend and providing detailed analysis on Nifty and Ba...

Business

Investors Alert: Top Stocks to Watch on May 16, 2025 - Page Industries, Bharti Airtel Lead the Pack

Discover the top stocks to watch on May 16, 2025, including Page Industries and Bharti Airtel, as recommended by leading brokerages. Insights on their growth prospects, financial p...

Business

IndusInd Bank Faces Scrutiny Over Rs 674 Crore Microfinance Accounting Lapse

IndusInd Bank has admitted to a Rs 674 crore accounting lapse in its microfinance portfolio, reversing the amount in Q4FY25. The issue, uncovered by a whistleblower, led to resigna...

Business

Stock Markets Skyrocket: Sensex Jumps 1,200 Points Amid Trump's Zero-Tariff Proposal Optimism

The Sensex surged 1,200 points following US President Donald Trump's zero-tariff deal comments, with Nifty closing above 25,000. Domestic inflation drop hints at RBI rate cuts, boo...

Business

RBI Considers Overhauling Dividend Calculation Framework After Five Years

The RBI is reviewing its economic capital framework, potentially altering dividend calculations to the government. With predictions of a Rs 2.5-2.75 lakh crore transfer, this move ...

Business

Indian Defence Stocks Soar Up to 25% Following PM Modi's Call for Enhanced Domestic Production

Indian defence stocks, including Cochin Shipyard and Bharat Dynamics, rallied up to 25% after PM Modi's call for increased domestic defence production, showcasing the sector's stro...

Business

Apple Reevaluates India iPhone Expansion Strategy Amid US-China Tariff Truce

Apple is temporarily reviewing its plans to scale up iPhone production in India for the US market amid the US-China tariff truce, while continuing its broader China+1 diversificati...

Business

Nvidia Secures a 7% Stake in CoreWeave, Signaling Strong Confidence in Cloud Computing Future

Nvidia Corporation has acquired a 7% stake in CoreWeave, as disclosed in an SEC filing, owning 24,182,460 shares. This investment follows CoreWeave's 420% annual revenue jump post ...