Medical devices manufacturer Poly Medicure is targeting nearly 20% consolidated revenue growth in FY27 as it shifts its focus towards high-technology medical devices and expands its presence in global markets. Speaking to CNBC-TV18, Himanshu Baid, Managing Director of Poly Medicure, said the company is moving away from low-technology products and building a portfolio centred on…
Sarda Energy & Minerals expects the first quarter of FY27 to remain strong on the back of better power realisations and is aiming to become debt-free by June, according to Nilay Joshi, Executive Director and Head – Group Corporate Finance at the company. Speaking to CNBC-TV18, Joshi said the company’s power operations have normalised after…
This is the highest dividend recommended by the Board of Gujarat Gas. Read Full Article “The Board of Directors, at its meeting held on 30th May 2026, has recommended a final dividend of Rs 8.90 per equity share of face value Rs 2/- each (i.e., 445% of face value) for the financial year ended 31…
Apparel manufacturer Gokaldas Exports said the pressure on its fourth-quarter margins due to US penal tariffs was temporary and that its order pipeline for FY27 remains healthy despite global uncertainties. Speaking to CNBC-TV18, Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports, said the company had to absorb part of the tariff burden during…
Leading stock exchange National Stock Exchange (NSE) has announced an extension in the trading hours for the equity derivatives segment, including futures and options (F&O), by 10 minutes. As per the revised schedule, the normal market closing time of the equity derivatives has been changed to 3.40 PM from the current 3.30 PM. The change…
The exchange said the change has been introduced to align derivatives market timings with the revised closing auction framework in the cash market. By Meghna Sen May 30, 2026, 11:50:12 AM IST (Updated) 1 Min Read The National Stock Exchange (NSE) has announced an extension of trading hours for the equity derivatives segment by 10…
Goldman Sachs believes that short sellers will be responsible for the next leg of rally that the US stock markets will see. All three major indices are already trading at or near record high levels. According to data tracked by S3 partners, the total bearish positions across US and Canadian equities have surged by over…
Anthropic PBC, the Dario Amodei-led AI behemoth, has raised $65 billion in a funding round. This valuation of the artificial intelligence company now sits near a trillion dollars, at $965 billion, including the new investment, eclipsing rival OpenAI’s value for the first time. According to a Bloomberg Report, each of the primary investors contributed more…
Shares of state-run Coal India Ltd. will remain in focus on Friday, May 29, as the Offer For Sale (OFS) launched by the government, opens for retail investors today. The retail OFS opens after a strong response to the non-retail portion of the issue, following which, the government has decided that it will be using…
Dell reported blowout fiscal first quarter results on Thursday thanks to booming AI server demand, leading many analysts to raise their price targets. Dell Technologies delivered record results for its fiscal first quarter on Thursday, largely due to unexpectedly strong traction in its artificial intelligence-linked server business. Continue Reading with CNBC-TV18 Access Membership Priority Access…
