Business

Chennai Super Kings unlisted shares jump over 25% as $3.4 billion IPL deals trigger valuation re-rating

The momentum has also spilled over into listed markets. Shares of Sun TV Network, which owns Sunrisers Hyderabad, and RPSG Ventures, the parent of Lucknow Super Giants, surged up to 20%, reflecting broader investor enthusiasm

Vedanta's Cairn targets 1 million barrels a day, looks to US shale to cut import reliance

Cairn executives are in Houston this week looking to spend as much as $5 billion with oilfield contractors who will help the company develop fields at home that include shale formations, Vedanta Chairman Anil Agarwal said during an interview.

Swiping right? Here are things to know before using your credit card abroad

Most travellers assume they are simply paying the listed price when they swipe their card overseas. In reality, multiple layers of charges are applied to every international transaction

Gold, Silver Rates Today (Mar. 26) - Live Updates: Gold declines 0.56% to $4,527 on Comex, silver 1.25% down; precious metal outlook

Precious metals traded marginally lower on March 26 despite crude prices falling sharply from their previous highs, keeping the dollar boosted.

Fed Chair nominee Warsh may need 5 years to really shrink central bank’s balance sheet

Once Warsh is confirmed to the post by the US Senate, he could institute some of the reforms more or less right away, provided he has buy-in from his colleagues. Others could take up to five years, a longtime adviser to the Fed said, which would imply an effort extending beyond Warsh’s four-year term as chair.

Insurtech firm Plum raises Rs 193 crore led by Peak XV to scale employee health benefits platform

Profitable insurtech startup plans to invest in AI-led claims, healthcare expansion, and enterprise integrations

Oil rises above $100 as Iran rejects direct talks with US, conflicting signals cloud ceasefire push

Oil prices rise as Iran rejects US talks despite ceasefire proposal under review; Brent crosses $103 amid mixed signals on negotiations.

Daily Voice: India’s FY27 growth story is intact despite Middle East tensions, says Qode’s Gaurav Didwania

Oil can certainly spike on supply fears, but unless there is a prolonged and meaningful disruption to physical supplies, prices may not sustain at levels that derail global growth, Gaurav Didwania of Qode Advisors said.

Chartist Talk: Is Nifty’s technical rebound still alive? Milan Vaishnav says 24,000 is possible, bets on these two stocks

If the Nifty 50 consolidates, Milan Vaishnav expects the 23,000 level to stay defended.

Bharat Pet files draft papers for Rs 760-crore IPO; issue largely an offer for sale

Bharat Pet IPO | The company approached capital markets to raise Rs 120 crore by issuing fresh shares, while promoters will be selling shares worth Rs 640 crore.

SEBI proposes IT resilience index framework for market infrastructure institutions

MIIs will be required to compute the index on a half-yearly basis, within 60 days from the end of each half-year

Highness Microelectronics IPO garners strong demand from investors, sees 8.13 times subscription on day 2

Highness Microelectronics IPO | The initial public offering is a mix of fresh issue of 16.53 lakh shares worth Rs 19.84 crore, and an offer-for-sale of 1.52 lakh shares amounting to Rs 1.82 crore by promoters.

Meta boosts top executives' pay with stock options as AI race heats up

The options are the social media giant's first for its top brass and require steep stock milestones

Vedanta Power nears 4,780 MW capacity as India targets 1,121 GW by 2035: CEO Rajinder Singh Ahuja

Rajinder Singh Ahuja, CEO – Power, Vedanta Ltd., said India's electricity demand is expected to grow at a CAGR of 6.41 per cent between 2026 and 2035

Societe Generale buys additional shares worth Rs 76 crore in Sammaan Capital, promoter picks up 2.2% stake in Reva Diamonds

Sammaan Capital was the biggest gainer amongst F&O stocks, rising 6 percent to Rs 146.88 on the National Stock Exchange.

CCI okays Japan's MUFG Bank proposal to acquire stake in Shriram Finance

MUFG Bank is a banking institution and is part of Mitsubishi UFJ Financial Group. In India, MUFG Bank provides corporate banking loans, deposit accounts, remittances, trade finance, bank guarantees, and hedging.

Sula Vineyards acquires Chandon's wine production facility, estate in Nashik

Sula Vineyards is pleased to announce that it has signed a definitive agreement with Moet Hennessy India to acquire Chandon’s estate in Dindori, Nashik, for Rs 20 crores, which will be raised through internal accruals, according to a statement.

India retains headline inflation target at 4% following review

The target will remain in place for five years

Buy energy at any cost: JPMorgan's Sajjid Chinoy warns supply crunch may force policy shift

Energy-importing economies, including India, may need to secure fuel supplies at any cost in the near term as the current shock is driven by supply risks, not just rising prices, Sajjid Chinoy of JPMorgan said.

Meta is cutting several hundred jobs amid record AI spending

The layoffs will affect employees both in the US and other international markets, according to a person familiar with the matter

FIIs net sell equities worth Rs 1,805 crore, DIIs net buy Rs 5,430-crore shares

For the year so far, FII/FPIs have net sold worth Rs 1.47 lakh crore of Indian equities while DIIs have net bought Rs 2.11 lakh crore.

Baby care quick commerce startups Ozi raises $6.2 million in funding from RTP Global

Gurugram-based startup plans to deepen NCR presence and invest in technology and supply chain as it scales a curated platform for modern parents.

Tipco Engineering India IPO closes with 1.56 times subscription; check allotment, listing dates

Tipco Engineering IPO | The company tapped capital markets to raise Rs 60.55 crore via public issue of 68.03 lakh shares at the upper end of price band of Rs 84-89 per share.

Do daughters automatically get an equal share in family property?

The law today recognises daughters as equal heirs, but many families are still unsure how those rights actually work.