Muthoot Finance Shares Surge After Announcing ₹26 Interim Dividend for FY25

Muthoot Finance, India’s leading gold loan NBFC, saw its shares surge nearly 5% on April 21, 2025, after the company’s board approved a substantial ₹26 interim dividend per equity share…

ICICI Bank Posts Strong Q4FY25 Results with 18% Profit Growth

India’s second-largest private lender, ICICI Bank, has announced impressive financial results for the fourth quarter of FY25, highlighting its steady growth trajectory and strong financial fundamentals. Net Profit Beats Street…

Renault Acquires Nissan’s 51% Stake in Indian Manufacturing Operations

Renault’s Bold Move in India’s Automotive Market Renault Group has announced its decision to acquire Nissan’s 51% stake in their joint venture, Renault Nissan Automotive India Private Ltd (RNAIPL). This…

Wipro Secures a $650 Million, 10-Year Deal with Phoenix Group’s ReAssure UK

Wipro Limited, a leading global technology services and consulting firm, has announced a landmark £500 million ($650 million) strategic deal with Phoenix Group, the UK’s largest long-term savings and retirement…

Can the UK Secure an EU Defense Deal? Future Prospects and Hurdles

According to Bloomberg, the UK’s ambition to finalize a defense and security pact with the European Union (EU) by May is facing significant setbacks as it struggles to gain full…

SBFC Holdings Sells 1.3% Stake in SBFC Finance for ₹112 Crore via Open Market

SBFC Holdings Pte, a promoter of SBFC Finance, has sold a 1.3% stake in the non-banking financial company (NBFC) for ₹112 crore through an open market transaction on Wednesday. According…

PDP Shipping & Projects IPO Lists at 20% Discount, Sinks 24% on Debut

PDP Shipping & Projects Ltd made a disappointing debut on the BSE SME platform on March 18, listing at a 20% discount and closing 24% lower than its IPO issue…

Alphabet to Acquire Cloud-Security Firm Wiz for $33 Billion Amid Rising Competition

Alphabet Inc., the parent company of Google, is in advanced discussions to acquire cloud-security firm Wiz Inc. for $33 billion. This acquisition, if finalized, would be Alphabet’s largest acquisition to…

Bajaj Finserv Acquires Allianz’s 26% Stake in Insurance Firms for ₹24,180 Crore

Bajaj Finserv Ltd, the financial services arm of Bajaj Holdings and Investments Ltd, has announced its decision to acquire Allianz SE’s 26% stake in Bajaj Allianz Life Insurance and Bajaj…