The broader intraday structure remains weak following the sharp sell-off, and rallies toward resistance are likely to attract fresh selling pressure. (AI image) Gold price prediction today: Gold prices are struggling to retain higher levels and a sell on rise intra-day strategy is recommended by Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP…
NEW DELHI: Drug firm USV will acquire a majority stake in Nutritionalab, the parent company of Wellbeing Nutrition, for nearly Rs 1600 crore, expanding its footprint in the domestic high-growth D2C (direct to consumer) nutraceutical market.USV will acquire around 79% stake in an all-cash deal for Rs 1,583 crore, which includes 35% from the founder,…
Budget 2026 also strengthens India’s attractiveness through its broader posture on foreign investment and cross-border financial integration. (AI image) By Radhika Saigal and Manoj MarwahUnion Budget 2026 propels India towards building a stable, scalable and globally competitive financial ecosystem that encourages global financial institutions to evaluate India not only as a growth market but also…
Asian stock markets traded in red on Friday, mirroring Wall Street’s downward momentum as tech stocks continued to weigh down investor sentiments. Traders are struggling with concerns over heavy outlays on the artificial intelligence sector. Focus was also firmly on inflation numbers scheduled for release in the United States later in the session.In Hong Kong,…
NEW DELHI: India’s IT services sector must pivot decisively to stay ahead in the AI era, commerce and industry minister Piyush Goyal said on Thursday, amid concerns in the sector related to generative AI tools such as Anthropic’s Claude, which recently triggered stock dips in firms like TCS, Infosys and other IT firms.“If we are…
BENGALURU: Over 200 jobs at Australian telecom major Telstra are expected to be cut as the company rolls out AI capabilities and shifts some roles to India, according to a report in The Guardian. Telstra and Accenture announced a $700-million joint venture in 2025 aimed at driving efficiency and modernisation. Source link
MUMBAI: Nykaa will manage the India operations of Kiehl’s, a premium skincare brand from the stable of French beauty and personal care firm L’oreal. As part of the exclusive distribution pact signed with Kiehl’s, Nykaa will run the brand’s existing and upcoming exclusive outlets, India D2C platform and multi-brand retail distribution, the company said on…
MUMBAI: HUL has acquired the remaining 49% stake in D2C brand Oziva for Rs 824 crore, making it a wholly-owned subsidiary of the company. HUL bought an initial 51% majority stake in the brand in Dec 2022.Oziva, a plant-based, clean-label consumer wellness brand which focuses on spaces such as lifestyle protein and hair & beauty…
NEW DELHI: SpiceJet on Thursday reported a loss of Rs 269 crore in the three months ended Dec 2025 as higher costs and one-time expenses took a toll on the budget carrier’s bottom line. The airline had a profit of Rs 25 crore in the same period of 2024. Total income declined to Rs 1,523…
MUMBAI: Reserve Bank of India has tightened recovery and repossession norms to curb harassment and improve borrower protection. The draft amendments require banks to first resolve borrower complaints before starting recovery. Lenders must also disclose the identity of the recovery agent before contact.The changes are part of the draft second amendment to the directions on…
