Knowledge Atlas Technology, popularly known as Zhipu, is now planning a share sale to raise billions of dollars in Hong Kong, as per a Bloomberg report, after the stock has rallied 2,000% from its issue price since its listing in January this year. The report states that Zhipu is working with advisers on a potential…
Jubilant Pharmova has announced that the company, through its subsidiary, has received tentative approval for Pantoprazole Sodium Delayed Release Oral Suspension. The Noida-based company announced in an exchange filing today (June 26) that after the completion of the pre-approval inspection (PAI) conducted by the United States Food and Drug Administration (USFDA) at the Solid Dosage…
As geopolitical tensions in the Middle East show signs of easing, energy prices have started moving in favour of consumers. Crude oil prices have surrendered most of the gains made during the recent conflict and are now trading close to their pre-crisis levels. According to a report by JM Financial, the correction in global LPG…
In June a 12 report Dam Capital noted that FPI selling moderated to USD 3.5bn in May-26, compared with outflows of USD 6.5bn in April and a record USD 12.7 billion in March. However, the respite appears short-lived, with June already witnessing USD 4.2 billion of FPI outflows. However, CY26 cumulative outflows have reached USD…
Around 400 migrant workers, mostly from India and Bangladesh, have accused two Singapore-registered companies owned by foreigners of not paying their wages, according to media reports on Wednesday. The Ministry of Manpower (MOM) on Monday took up the complaints of first 100 workers from India and Bangladesh and began an investigation against KPA Engineering and…
Shares of Varun Beverages Ltd. opened as much as 2% higher on Wednesday, June 24, before paring gains to trade near the flat line. The stock was attempting a recovery after declining for four consecutive sessions. Brokerage firm Investec has maintained its ‘Buy’ rating on the stock and assigned a price target of ₹609 per…
Shares of KPR Mill Ltd. gained 18% to hit a fresh 52-week high on Wednesday, June 24. This is its biggest single-day gain since October 13, 2008, when the stock had risen 20%. The textile company snapped a three-day losing streak, before which it had surged 13.7% last week as well. Above Motilal Oswal’s Target…
Asian shares rallied with US equity futures post Micron Tech’s blowout sales guidance reigniting confidence in the AI trade. South Korea’s Kospi index surged 5% in early trade, while the broader MSCI Asia Pacific Index was up over 1%. Contracts for the Nasdaq 100 were up almost 2% while those for the S&P 500 rose…
Shares of South Korean chip manufacturer SK Hynix Inc. surged another 12% on Thursday, June 25, after the company unveiled plans for listing its shares in the US markets in the form of American Depository Receipts (ADRs). SK Hynix is looking to raise 45.45 trillion won as part of its US listing. The stock has…
CDSL Final Dividend 2026Earlier, the company’s Board of Directors recommended a final dividend of Rs 12.75 per equity share of face value Rs 10, subject to shareholders’ approval at the company’s 28th Annual General Meeting (AGM). The dividend represents a 127.5 per cent payout on the face value of each share. What is CDSL’s market…
