Global investor interest in India remains muted despite resilience in domestic markets, with valuations emerging as the biggest hurdle for foreign investors, according to Gautam Chhaochharia, Head of Global Markets at UBS. Speaking to CNBC-TV18 from the UBS Asia Investor Conference in Hong Kong, Chhaochharia said overseas investors continue to remain underweight on India even…
Global and regional investors remain firmly bullish on the artificial intelligence trade, with no immediate signs of fatigue despite concerns around crowded positioning in technology stocks, according to Gautam Chhaochharia, Head of Global Markets at UBS. Speaking to CNBC-TV18 from the UBS Asia Investor Conference in Hong Kong, Chhaochharia said AI emerged as one of…
West Coast Paper Mills reported a 17.9% year-on-year rise in consolidated net profit for the fourth quarter, helped by higher sales volumes, a better product mix and improved operational efficiency. Net profit for the quarter ended March 31, 2026, rose to ₹51.8 crore from ₹44 crore in the year-ago period, according to the company’s exchange…
Hikal reported a weak March quarter performance on May 20, with profit, revenue and margins declining year-on-year amid regulatory headwinds and one-time adjustments, although the company indicated signs of sequential recovery. Net profit for Q4FY26 fell 71.3% year-on-year to ₹14.4 crore from ₹50.2 crore in the corresponding quarter last year. Revenue declined 6% to ₹519.4…
The government will exercise the entire greenshoe option in the ongoing offer-for-sale (OFS) of Coal India after the issue received strong investor demand and was oversubscribed 8.14 times on the first day, according to an official statement on Wednesday. Allocation in the OFS will be done on a price-priority basis, while retail investors and eligible…
Indian stocks are set for their first annual decline in more than a decade, a Reuters poll of equity analysts found, as an exodus of foreign investors and limited exposure to an artificial intelligence (AI) boom batter what was Asia’s most attractive market. Benchmark equity indices in the world’s fastest-growing major economy are underperforming most…
Electric two-wheeler maker Ather Energy Ltd on Wednesday (May 27) said it has incorporated a wholly owned subsidiary named Ather Insurance Limited on May 27, 2026, in India to enter the insurance corporate agent business. The company said the subsidiary will operate in insurance in the capacity of a corporate agent, with the objective of…
Transport infrastructure consultancy and engineering firm, RITES Ltd, on Wednesday (May 27), said it has signed a Memorandum of Understanding (MoU) with CRISIL Ltd to jointly develop integrated, data-driven infrastructure consultancy solutions. RITES said the partnership will combine its transport infrastructure and engineering consultancy capabilities with CRISIL’s strengths in data intelligence, analytics, research and market…
State-owned Oil India Ltd on Wednesday (May 27) said its wholly owned subsidiary OIL Green Energy Ltd (OGEL) has signed a joint venture agreement with Hindustan Waste Treatment Private Ltd (HWT), a wholly owned subsidiary of SFC Environmental Technologies Ltd, to develop bioenergy and sustainable waste management projects in India. The partnership proposes the formation…
Reliance Industries Ltd on Wednesday (May 27) said its 49th annual general meeting will be held on Friday, June 19, 2026, at 2 pm (IST), the Mukesh Ambani-led oil-chemical-telecom-retail conglomerate said. “The forty-ninth Annual General Meeting (Post-lPO) (“AGM”) of the members of the company will be held on Friday, June 19, 2026, at 2:00 P.M….
