Billionaire Mukesh Ambani and his promoter group will infuse Rs 15,825 crore in Jio Financial Services to strengthen the financial services firm’s balance sheet and take on rivals.
The US Federal Reserve kept interest rates unchanged, disappointing market expectations and sending stocks and bonds lower in a volatile trading session.
The National Stock Exchange of India is introducing a 20% lower price cap for small and medium enterprises initial public offerings during the special pre-open session. This move aims to standardize price discovery and reduce volatility in SME shares.
Mazagon Dock Shipbuilders Ltd. is targeting EBITDA margins of 15% in FY26, said Director (Shipbuilding) Biju George. The company expects a stronger performance in the second half of FY26, driven by its healthy order book and improvement in performance.
Ford Motor Company’s profit warning highlights the growing impact of tariffs on the global automotive industry, as US-China trade tensions escalate.
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