Meesho has announced the acquisition of Kirana Club and Retail Pulse Labs in an all-cash deal worth Rs 202.08 crore, marking a strategic push to deepen its footprint in India’s digital commerce ecosystem, particularly among small retailers. While acknowledging the deal’s relatively modest size and limited near-term earnings impact, Morgan Stanley has maintained an “Equal…
Shares of four pharma companies IPCA Laboratories Ltd., Aurobindo Pharma Ltd. Krishna Institute of Medical Sciences Ltd. (KIMS), and Dr Reddy’s Laboratories Ltd. on Monday, June 15, due to a global licensing pact, USFDA observations, fund raising plans and other factors. Ipca Labs The pharma firm has signed a global licensing pact with Bhami Research…
Oil prices fell sharply to their lowest levels in months on renewed expectations of a breakthrough between the United States and Iran, after U.S. President Donald Trump indicated that a deal with Tehran had been finalized. Benchmark crude prices dropped significantly, with West Texas Intermediate (WTI) crude declining 4.74 per cent to USD 80.86 per…
Sensex Today | Stock Market LIVE Updates: The peace deal, and the resultant fall in oil prices brings OMCs, IndiGo, the currency and all the stocks exposed to West Asia back in focus. A fall in the US Dollar index will also bring Metals in the spotlight, a sector that underperformed last week. Sensex Today…
Asian shares gained while oil prices declined after the US and Iran stated they had reached a deal to open the Strait of Hormuz. A gauge of Asian stocks increased 2.1% during open, while S&P 500 futures increased 1%. While South Korea’s Kospi index was up nearly 6%, Japan’s Nikkei 225 increased around 5%. The…
Stocks to Watch Today, June 15: Stocks to watch today include Reliance Industries after Jio Platforms entered WIPO’s global top 20 PCT patent filers, signalling strong innovation momentum. JSW Energy gained attention following its Rs 1,410 crore acquisition of Maruti Clean Coal and Power. IHCL expanded with a new Ayodhya property, while Nestle India denied…
As many as 13 companies from HDFC Bank to Brigade Enterprises and Polycab, will see their record dates for their respective corporate actions announce…Read More 1/10 As many as 13 companies from HDFC Bank to Brigade Enterprises and Polycab, will see their record dates for their respective corporate actions announced earlier, including bonus issues, stock…
Stock futures on Wall Street jumped on Sunday evening after the weekend break as US President Donald Trump announced that the deal with Iran is now ‘complete’. However, he is yet to share more contours as to what deal has been agreed upon and Iran is yet to issue an official response to Trump’s remarks….
While outlining LIC’s long-term vision, he said, “As more players enter the market, our objective is not only to retain leadership but to maintain a substantial lead. Our aspiration for the 75th year, the 100th year and beyond is to see LIC thriving, flourishing and contributing to nation development. That remains our core objective.” Source…
Leading paint maker Asian Paints expects the business environment to remain dynamic in FY27 amid heightened competition, commodity price movements, supply-chain risks and geopolitical uncertainties, said its Managing Director and CEO Amit Syngle in the annual report. Syngle said the recent escalation in West Asia has added to uncertainty surrounding the global economy, particularly for…
