Sarmeeli Mallick is a senior journalist with nearly a decade of experience in digital journalism. With a master’s degree in Journalism and Mass Communication from Utkal University, Bhubaneswar, she has a proven track record of impactful reporting, having filed over 19,000 news stories since beginning her career in May 2016. Her diverse background, rooted in…
Tata Sons will hold its Annual General Meeting (AGM) on 18 August, with a decision on the reappointment of Executive Chairman N Chandrasekaran expected to be finalised by the board ahead of the meeting, sources familiar with the development told CNBC-TV18. According to the sources, shareholder approval for Chandrasekaran’s directorship will be sought at the…
“India does not really need FII money to come back in a big way. What we need is a lack of selling.” He highlighted the scale of outflows witnessed in recent months. “What we saw in March was very heavy selling, around USD 15 billion. April, May and June saw another USD 4-5 billion of…
Shares of Infosys Ltd. are trading with losses for the fourth day in a row on Wednesday, July 1, slipping below the mark of ₹1,000. That is a level it has not closed below since September 24, 2020. Infosys has had the worst start to a calendar year, having declined 38% in the first six…
Private sector lender Karur Vysya Bank on Wednesday, July 1, reported healthy business growth for the quarter ended June 30, 2026, with total deposits and advances registering double-digit year-on-year growth, according to its provisional business update. The bank’s total business rose 15.94% year-on-year to ₹2.27 lakh crore as of June 30, 2026, from ₹1.96 lakh…
The Reserve Bank of India’s new rules for proprietary trading, which came into effect on July 1, are expected to significantly increase funding costs for domestic broking firms and high-frequency traders, according to Rajesh Baheti, Managing Director of Crosseas Capital Services. Baheti said, “It’s the most significant death knell to the prop trading industry since…
MCX has delivered strong long-term returns, with gains of 5.3 per cent in one week, 21 per cent over three months, and nearly 36 per cent in six months. The stock has surged about 65 per cent in the past year and generated exceptional multibagger returns of 283 per cent in two years and nearly…
Rocket Lab shares jump about 20% as it agrees to buy Iridium Communications for roughly $8 billion, adding 2.55 million subscribers and recurring revenue. Rocket Lab stock is in lift-off mode, surging about 20% after the company announced Monday it is acquiring Iridium Communications for roughly $8 billion. Continue Reading with CNBC-TV18 Access Membership Priority…
Namit Singh Sengar is a Chief Copy Editor with over seven years of experience in delivering content across diverse domains. Specialising in business news across personal finance, real estate, IPOs and markets, Namit brings an editorial eye and a deep understanding of complex subjects to his work. His educational foundation includes Post Graduate Diploma in…
The United States has removed four Indian companies from its Russia-related sanctions list, according to an update issued by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC). The entities delisted from OFAC’s Specially Designated Nationals (SDN) List are RRG Engineering Technologies Private Ltd, Lokesh Machines Ltd, Galaxy Bearings Ltd, and Shaurya…
