Shares of shrimp feed companies Avanti Feeds and Apex Frozen Foods skidded up to 18% on Thursday, after U.S. President Donald Trump announced reciprocal tariffs on as many as 60 countries, including a sweeping 26% tariff on Indian imports. Avanti Feeds slumped 18.3% to Rs 727, while Apex Frozen Foods dropped as much as 7.7% … Read more
Jio Financial Services announced on Thursday that it has invested Rs 1,000 crore in Jio Finance, its wholly owned subsidiary. The investment was made through the subscription of 1,73,77,412 equity shares at Rs 10 each. The funds will be used by Jio Finance to support its business operations. The company said that as this transaction … Read more
Jio Financial Services announced on Thursday that it has invested Rs 1,000 crore in Jio Finance, its wholly owned subsidiary. The investment was made through the subscription of 1,73,77,412 equity shares at Rs 10 each. The funds will be used by Jio Finance to support its business operations. The company said that as this transaction … Read more
India’s Shapoorji Pallonji Group has secured investor commitments of more than $4 billion for its debt sale in April, surpassing its funding target, two sources familiar with the matter said on Friday. The group, which caters to sectors including construction and real estate, plans to raise $3.2 billion to $3.3 billion through the bond issue, … Read more
Ajay Singh, one of the promoters and MD of SpiceJet, on Thursday divested nearly 1 per cent stake in the budget airline for Rs 52 crore through an open market transaction. According to the bulk deal data on the BSE, Ajay Singh sold over 1.15 crore shares, amounting to a 0.9 per cent stake in … Read more
Market watchdog SEBI has issued a warning letter to FMCG major Nestle India over alleged violation of Insider Trading norms by a senior official of the company. Nestle India has received an “administrative warning letter” from the Securities and Exchange Board of India (SEBI) by a designated person of the company, according to regulatory filing … Read more
Tata Steel on Thursday said it has acquired over 191 core equity shares of T Steel Holdings Pte Ltd for USD 300 million (Rs 2,603.16 crore). T Steel Holdings Pte.Ltd (TSHP) is the Singapore-based arm of home-grown steel giant Tata Steel. “Tata Steel has today i.e., on February 20, 2025, acquired 191,08,28,025 ordinary equity shares … Read more
Banking and financial services major Goldman Sachs on Wednesday bought shares of leading stock exchange BSE for Rs 401 crore through an open market transaction. According to the bulk deal data available on National Stock Exchange (NSE), US-based Goldman Sachs through its arm Goldman Sachs (Singapore) purchased 7.28 lakh shares of BSE Ltd. The shares … Read more
New Delhi: A study published in the BMJ journal claims that artificial intelligence (AI) technologies, including large language models (LLMs) and chatbots, exhibit a decline in cognitive abilities over time, much like humans. This finding emerges as users increasingly turn to AI tools for medical diagnoses due to their ability to simplify complex medical jargon. … Read more
The exodus of FPIs from the Indian equity markets continues as they pulled out Rs 21,272 crore in the first two weeks of this month, driven by global tensions after the US imposed tariffs on imports. This came following a net outflow of Rs 78,027 crore in January. With these, the total outflow by FPIs … Read more