Buisiness

Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Zydus Lifesciences, Great Eastern Shipping Company, and Tata Motors are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for…

Market experts anticipate continued consolidation, influenced by global trends and economic indicators. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday. While Nifty50 was above 24,600, BSE Sensex was up 100 points. At 9:21 AM, Nifty50 was trading at 24,632.55, up 12 points or 0.050%….

MUMBAI: An imminent trade deal with the US is seen as a positive catalyst for the rupee, which is expected to strengthen to 84 levels by the end of 2025, according to Bank of America. Other positives include soft oil prices, a benign current account deficit, and RBI’s growth focus.In an interview with TOI, Adarsh…

MUMBAI: Traditional banks are losing ground in the fast-evolving financial services space to agile, tech-driven rivals. Even as overall sector revenues grow, incumbents struggle to hold on to their share, according to Boston Consulting Group’s latest Future of Finance report.“Financial services revenues are growing – but banks are not capturing their fair share,” BCG says….

MUMBAI: Aditya Birla Chemicals, a privately held company owned by Kumar Mangalam Birla and his family, is set to acquire a chemical manufacturing facility in the US from agribusiness major Cargill. The facility, spanning 17 acres, is located in Dalton, Georgia. The deal signifies Birla’s continuous expansion in the American manufacturing sector, with investments exceeding…

NEW DELHI: Adani Airports Holdings (AAHL) Wednesday said it has raised $750 million via external commercial borrowings from a consortium of international banks. The transaction was led by First Abu Dhabi Bank, Barclays, and Standard Chartered Bank. The company says it will “use the proceeds to refinance existing debt, invest in infrastructure upgrades, and capacity…

PARIS: India has identified the restoration of the dispute settlement mechanism as the first priority for WTO members and called for maintaining special treatment for poor and developing countries.After a meeting of trade ministers here, commerce & industry minister Piyush Goyal also reiterated India’s opposition to bringing plurilateral initiatives such as investment facilitation under the…

BENGALURU: Venture capital firm Accel partners Shekhar Kirani and Prayank Swaroop highlighted concerns about Indian AI startups lagging behind global competitors, despite having comparable technical abilities. They cited insufficient urgency and limited global vision as key issues.During a media roundtable on Wednesday, they observed that while India is experiencing an emergence of technically proficient, AI-focused…

NEW DELHI: In a relief to Reliance Infrastructure, National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against the company. Reliance Infrastructure in a regulatory filing said that NCLAT suspended the order passed by the NCLT over an appeal filed by it.On May 30, the Mumbai bench of NCLT had admitted an…

NEW DELHI: National Company Law Appellate Tribunal (NCLAT) on Wednesday declined to stay NCLT order directing to freeze assets of Gensol, its promoters, and related entities. It has directed two Gensol Group entities – BluSmart Premium Feet and Matrix Gas and Renewable – to approach Ahmedabad bench of the National Company Law Tribunal NCLT with…