BizTrendWire Your quick daily dose of business trends
Your Go-To Hub for Business Trends, Market Insights, and Growth Strategies
Latest news on Indian companies, earnings, corporate actions, strategy, and sector developments.
Capital markets regulator Sebi announced the appointment of KVR Murty as its new Whole Time Member, marking a key addition to its leadership at a time of increasing regulatory complexity and market expansion. Murty assumed…
PropShare Celestia has achieved up to 98 percent subscription for its maiden public issue on April 15. The REIT approached capital markets on April 10 to raise nearly Rs 245 crore via initial public offering…
Silver prices surged by Rs 11,800 to Rs 2.57 lakh per kg while gold advanced by Rs 3,000 to Rs 1.58 lakh per 10 grams in the national capital on Wednesday. This increase was driven…
Source: Reuters (via feed) French luxury group Hermes on Wednesday reported weaker than expected first-quarter sales. The firm attributed the slowdown to the Iran war affecting spending in the Middle East. It also noted an…
Shares of PhysicsWallah were trading 5% higher on April 15 after the firm clarified a report regarding the acquisition of the test-prep platform Rojgar With Ankit. Business Standard reported on April 14 that the edtech…
Four companies are likely to come up with updates around share buybacks this month. Wipro, Cyient, and Windlas Biotech will consider buyback proposals, while Aurobindo Pharma’s record date for its confirmed buyback is set for…
Ace investor Mukul Mahavir Agrawal increased his stake in Jammu & Kashmir Bank during the January-March quarter, adding around 25 lakh shares. The stock has delivered solid returns, rising about 28% so far in CY26,…
When a large number of mutual fund schemes invest in the same stock, it typically reflects strong institutional conviction and often boosts retail investor confidence. As of March 2026, data shows that 259 stocks were…
Jefferies flagged the risk of elevated capex levels for Indus Towers due to higher growth and maintenance capex, impacting earnings growth and Free Cash Flow. Nearly 10% of the company’s towers installed during 2016–17 are…
Indian banks are expected to report a steady profit rise in the January-March quarter, aided by credit growth and liquidity buffers. Four brokers indicated that private banks are likely to report about 8%-12% on-year profit…
Shares of Paras Defence and Space Technologies surged over 7 percent in trade on Wednesday after the company announced a strategic agreement with US-based Northstar. The stock was trading at Rs 757.15, up Rs 51.25…
Gold prices have surged nearly 60% since Akshaya Tritiya 2025. The outlook for further gains by 2027 is complex due to geopolitical tensions and interest rate uncertainty. Despite near-term headwinds, structural factors like central bank…
India's banking stocks have diverged sharply over the past year. Public sector banks (PSU) have outperformed private banks, driven by improving fundamentals. However, valuations for PSU banks have become stretched, while private lenders are trading…
Shares of Billionbrains Garage Ventures, the parent of investment platform Groww, surged in trade on Wednesday after fresh brokerage coverage. The stock was trading at Rs 209.74, up Rs 15.03 or 7.72 percent on the…
GE Aerospace and India's Hindustan Aeronautics Ltd. have agreed upon technical specifications to co-produce fighter-jet engines. This agreement moves closer to a deal that would transfer high-end US military technology to India. GE and HAL…
The shares of oil marketing companies (OMCs) increased up to 5% on Wednesday due to renewed hopes for peace talks between Iran and the US. This optimism followed a previous round of talks that failed…
Source: Reuters (via feed) An Oregon lawyer has filed a whistleblower suit against Thomson Reuters. The lawyer and 169 employees raised constitutional concerns about the company's Homeland Security contracts. The lawyer was fired before filing…
IT services major Wipro is expected to report steady revenue performance but a decline in profitability for the March quarter. Wage hikes, acquisition-related costs, and weak discretionary spending are likely to weigh on margins despite…
Source: Reuters (via feed) Two arms brokers arranged illegal deals to supply ex-Soviet surface-to-air missile systems to South Sudan. They also arranged deals to supply fighter jets to Libya during its civil war, British prosecutors…
Source: Reuters (via feed) Citigroup's first-quarter profit rose 42%. Geopolitical tensions fueled market volatility. This volatility lifted trading revenue. Investment banking fees were strong due to dealmaking. BizTrendWire Insight: Citigroup's profit increase directly relates to…
Source: Reuters (via feed) Blessing Muzarabani has been banned from the Pakistan Super League (PSL) for two years. The Zimbabwean fast bowler joined the Indian Premier League (IPL) team Kolkata Knight Riders. He had previously…
Source: Reuters (via feed) Financial services company Rothschild named Gregoire Salignon as the head of its Rothschild Martin Maurel division. The company announced the appointment on Monday. BizTrendWire Insight: The announcement informs market participants of…
Source: Reuters (via feed) Thomson Reuters has over 5,000 teammates at its Minnesota campus. This information appears on the company’s website. An image accompanies the statement. The source is part of a careers-focused content section.…
Source: Reuters (via feed) Italy’s UniCredit said on Friday it has no plans to liquidate its Russian business. The Italian lender also said it does not intend to return the banking licence held by its…
Source: Reuters (via feed) India's shipping ministry has granted special permission for four vessels carrying Iranian oil to berth at the western Indian port of Sikka. The permission was given following a request by Reliance…
