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Persistent Energy Costs and Global Jitters Keep India Indexes In Check, Jio Platforms IPO Jump 21%
Oct 28 Market indexes in Mumbai hovered near one-year lows amid global jitters and persistent worries of inflation driven by a sustained surge in imported energy prices. reliance
- RBI Delivered First Rate Hike In Four Years and Lifted Growth and Inflation Estimates
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Info Edge Struggles to Turnaround Real Estate Unit
Apr 8 Info Edge reported higher revenue in the March quarter, driven by an increase in its core recruitment solution and real estate division. naukri
- Earnings: TCS, Infosys, HCL Technologies
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Manipal Health Agreed to Acquire Medica Synergie to Tap Rising Demand in Smaller Cities
Apr 8 Manipal Health agreed to acquire Medica Synergie. Two hospital chains, controlled by Singapore-based Temasek, ramp up services in smaller cities across India.
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Aster DM Sells Middle East Business for $1 Billion
Nov 29 Aster DM agreed to sell its business located in the Gulf Cooperation Council to a group controlled by the promoters of the company and a private equity group based in the Middle East. asterdm
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Current Account Deficit Widened In Fiscal First Quarter
Oct 1 India's current account stayed elevated on the persistent deficit in international goods deficit and the sharp decline in international flow of funds for portfolio investment.
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Infrastructure Sector Output Shrank in August
Oct 1 India's infrastructure sector output shrank for the first time in August, highlighting the weakness in production of coal, natural gas, and refined crude.
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U.S. Indexes Retained Upward Bias and Treasury Yields Stabilized Ahead of Fed's Rate Decisions
Oct 27 U.S. indexes meandered, and investors reacted to corporate earnings news. The Fed is set to announce its rate decisions on Wednesday.
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AI Capex, Mideast Tensions, and Rate Decisions Weigh on Investor Sentiment
Oct 26 U.S. indexes attempted to rebound from sharp losses in the previous week, and investors looked ahead to rate decisions this week from the Federal Reserve, the European Central Bank, and the Bank of Japan.
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