The amendments mandate disclosure of certain private agreements even when the listed company is not a party to them. The petitioners contended that the new disclosure regime introduced through the 2023 Second Amendment and clarified by SEBI in 2024, is unlawful, arbitrary, wholly unreasonable and runs counter to Constitution and basic principles of Indian contract…
‘Have three children to avoid population collapse’: Elon Musk urges global families Elon Musk’s comment was in response to a user who had cited a May report published by Fortune, which stated that the average woman would need to have 2.7 children to maintain population stability. The user, referencing Musk’s longstanding concerns, wrote, “If things…
Gold price dives to a fresh monthly low and seems poised to register heavy weekly losses. Fed rate cut bets and a bearish USD do little to lend support to XAU/USD or stall the downfall. Traders look forward to the release of the US PCE Price Index for a fresh directional impetus. Gold price (XAU/USD)…
Brokerage firm UBS has initiated coverage on shares of PNB Housing Finance Ltd., on Friday, June 27, with a “buy” recommendation. UBS has a price target of ₹1,300 on shares of PNB Housing Finance, indicating a potential upside of 17% from Thursday’s closing levels. The brokerage said that PNB Housing Finance is diversifying into emerging…
Defence stocks rallied on Thursday buoyed by expectations of increased export orders after NATO leaders pledged to scale up defence spending. Data Patterns (India), Astra Microwave Products, Hindustan Aeronautics (HAL), Bharat Electronics (BEL), Zen Technologies, among other defence stocks rallied up to 4%. The upbeat sentiment in defence stocks lifted the Nifty India Defence index…
Stocks to Watch: The domestic equity market will likely open in the green on Thursday, June 26. The GIFT NIFTY futures suggest that the NIFTY50 index will open 36 points higher. Here is a list of stocks that may remain in focus today. JSW Energy: JSW Energy, on Wednesday, June 25, signed a power purchase…
US President Donald Trump escalated his criticism of Federal Reserve Chair Jerome Powell on Thursday (June 26), calling him “terrible” and revealing he has several potential successors in mind. “I know within three or four people who I’m going to pick,” Trump told reporters at The Hague on the sidelines of NATO summit, when asked…
Oil giant Shell in talks to acquire BP in what could be biggest corporate deal this year: Report Moneycontrol BP shares jump 7% on report it is in early-stage talks to be acquired by Shell CNBC Shell denies takeover talks with UK rival BP Financial Times BP Stock Jumps After Report That It’s in Merger Talks With Shell Investopedia…
IN A NUTSHELL 🔥 MIT researchers developed a groundbreaking process to integrate gallium nitride transistors onto silicon chips, enhancing performance and reducing costs. 💡 The method uses a low-temperature copper bonding process, ensuring compatibility with standard semiconductor manufacturing facilities. 📱 This innovation could revolutionize consumer electronics by improving signal strength, efficiency, and battery life in…
Walmart president and CEO Doug McMillon doesn’t mince words. In an interview, McMillon (59), who oversaw the US retail giant’s acquisition of a controlling stake in Flipkart in 2018 in a $16-billion deal, tells TOI that the company seeks a level-playing field in the countries it operates, that would mean opening up the inventory based…
