After Apple Inc announced price hikes on MacBook, iPad, home devices and the Vision Pro to offset cost hikes caused by an unprecedented shortage of memory chips and storage, its shares sank around 5% on Thursday (June 25), its worst fall since February 2026. The price hikes, which went live on its online retail store…
The AI trade roared back to life on Thursday, led by Micron Technology, whose shares surged as much as 18% after the memory chipmaker delivered a blockbuster earnings report and an even stronger outlook. The stock opened at $1,233, up 17.6% from its previous close of $1,048.51, and touched a fresh 52-week high of $1,255…
The Centre’s Offer for Sale (OFS) in Indian Railway Finance Corporation (IRFC) received a strong response from investors, helping the government raise an estimated ₹2,084 crore and prompting it to exercise the greenshoe option. Department of Investment and Public Asset Management (DIPAM) Secretary said on Thursday that 22.88 crore shares were sold to minority shareholders…
IT services and solutions provider Hexaware Technologies Ltd on Thursday (June 25) said it has been named an Anthropic authorised reseller for Amazon Bedrock, joining a select group of companies globally authorised to resell Claude. Under the agreement, Hexaware will be able to sell, integrate and support Claude models directly to enterprise clients worldwide, strengthening…
SEBI disposed of more than 5,500 investor complaints through its online grievance redressal platform, SCORES, in May, the capital markets regulator said in a public notice on Thursday. As of May-end, 10 complaints had remained pending for more than three months on SCORES, involving entities such as KFin Technologies Pvt Ltd, Secur Credentials Ltd and…
Consumer electronics retailer Sathya Agencies, transformer manufacturer Kanohar Electricals and Torrent Gas have received observations from the Securities and Exchange Board of India (Sebi) to raise funds through initial public offerings (IPOs), an update with the regulator showed on Thursday (June 25). Torrent Gas City gas distribution arm of Gujarat-based $3-billion Torrent Group has confidentially…
Home First Finance Company India Ltd. said on Thursday, June 25, that Chief Financial Officer (CFO) Nutan Gaba Patwari has resigned and will step down from her role with effect from the close of business hours on August 31, 2026. In an exchange filing, the company said Patwari has resigned “to pursue the next phase…
Under the proposed norms, a direct member of the Negotiated Dealing System-Order Matching (NDS-OM) platform may undertake transactions either on the NDS-OM platform or bilaterally with another participant. An indirect NDS-OM member maintaining a gilt account with a direct member may execute transactions on the NDS-OM through web-based access. Read Full Article The RBI also…
A sharp correction in gold and silver prices has failed to bring buyers back to the market, with jewellery demand, investment demand and exchange traded fund (ETF) inflows remaining weak despite precious metals falling significantly from their recent highs, according to Surendra Mehta, Secretary of the India Bullion & Jewellers Association (IBJA). Mehta said the…
Sterling Bank of Asia has selected Infosys Finacle’s Software-as-a-Service (SaaS) platform as part of its transformation programme, the companies announced on Thursday. Under the engagement, the Philippines-based bank will deploy Finacle Core Banking, Finacle Customer Data Hub, Finacle Trade Finance and Finacle Origination solutions. As per a press release filed on NSE, Infosys said that…
