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News
Tata group stocks may pop after RBI decision
4+ hour, 16+ min ago (521+ words) Mumbai, Sept. 14 -- A short-term pop could push up the stocks of seven Tata group companies, led by Tata Chemicals, which together hold 11.92% stake in Tata Sons, the holding company (holdco) of the salt-to-software conglomerate, after RBI rejected its submission to…...
RBI's Tata Sons listing push may be a lifeline for SP Group - if it comes in time
4+ hour, 33+ min ago (690+ words) Mumbai, Sept. 14 -- The Reserve Bank of India's push for Tata Sons to list has handed its largest minority shareholder Shapoorji Pallonji Group a potential lifeline. The catch: it could take years to arrive. For the debt-strapped SP Group, a listing…...
India's beer boom gets a premium twist as drinkers trade up
4+ hour, 48+ min ago (738+ words) New Delhi, Sept. 14 -- India beer market, Brewers Association of India, Beer is closing in on spirits in India, but brewers are increasingly looking to premium and super-premium brands to drive their next phase of growth as drinkers trade up. Beer…...
Yes to Shanghvi, no to Tata: Why RBI did not follow its precedent set in 2023
5+ hour, 4+ min ago (497+ words) New Delhi, Sept. 14 -- The Reserve Bank of India's (RBI's) rejection of Tata Sons Pvt. Ltd.'s attempt to deregister stands in contrast to a similar situation faced three years ago by another holding company: Shanghvi Finance. The company, fully owned…...
Kamarajar Port invites bankers for Rs.1,200 crore IPO
17+ hour, 30+ min ago (439+ words) New Delhi, Sept. 13 -- Kamarajar Port Ltd, India's first corporate major port, is preparing to go public, in what would make it the country's only listed state-backed port. The Chennai-based port has begun the process of appointing investment banks for an…...
Zeta targets global profitability in FY27 as overseas business scales
19+ hour, 19+ min ago (557+ words) New Delhi, Sept. 13 -- Zeta, a homegrown banking-technology company that provides software infrastructure to financial institutions, is targeting full-year profitability in its global business in fiscal year 2027 (FY27), as customers it spent years onboarding and building technology for move into the scaling…...
Larry Ellison cancels $7.5B Oracle share sale plan
1+ day, 1+ hour ago (188+ words) Oracle Executive Chairman Larry Ellison has canceled a plan to sell up to 50 million shares of Oracle common stock, or $7.5B worth of stock at the current price, with no shares sold under the trading plan, the company said. Ellison has…...
Why it’s getting harder for Tata Sons to resist an IPO
1+ day, 1+ hour ago (914+ words) India’s central bank is said to have rejected Tata Sons Pvt.’s plea to get a waiver from a regulatory rule that requires it go for a public listing. The entity that sits at the heart of the $185 billion Tata…...
Tata Sons faces IPO deadline with RBI decision. What happens next?
1+ day, 3+ hour ago (646+ words) New Delhi, Sept. 13 -- The Reserve Bank of India has directed Tata Sons Pvt. Ltd. to go for an IPO after rejecting its two-and-a-half-year-old application to surrender its registration as a core investment company, marking a new challenge for Tata Trusts…...
ETFs Investing in Wipro Limited Sponsored ADR Stocks — TradingView
1+ day, 13+ hour ago (115+ words) Wipro Ltd. is a global information technology, consulting, and outsourcing company, which engages in the development and integration of solutions. It operates through the Information Technology (IT) Services and Information Technology (IT) Products segments. The IT Services segment provides digital…...