Nuvama has a reduce rating on Voltas with the target price at Rs 1,170. Analysts said that the company indicated that near-term demand remains weak due to elevated channel inventory (~45 days) and seasonally soft Nov–Dec demand. The company expects a sequential improvement in Q3FY26, partly aided by pre-buying by channel ahead of anticipated price…
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks investors can consider buying today on December 23, 2025 are: NMDC, Glenmark Pharmaceuticals, and BHEL. Let’s take a look:NMDC – Buy in the range between Rs 78 & Rs…
Oracle co-founder Larry Ellison has stepped in to personally guarantee more than $40bn in financing for Paramount Skydance’s hostile $78bn bid for Warner Bros. Discovery. The move follows open scepticism from WBD’s board over whether the offer was fully funded and capable of closing. By putting his own wealth on the line, Ellison aims to…
MUMBAI: From solar parks in the desert to wind farms along the coast, India’s clean energy transition is attracting a growing queue of global capital. Copenhagen-based AP Moller Capital is making its first private equity investment in India, backing a new renewable energy platform that will develop 900 MW of clean energy capacity. While this…
MUMBAI: Infosys and Bharti Airtel led a 638-point sensex rally on Monday, its second session of rebound after days of slide, as the reversal in rupee’s strength against the dollar enthused Dalal Street investors. The rise in the sensex, however, came even as foreign funds were net sellers, BSE data showed. Over the past few…
NEW DELHI: Gross FDI flows into India rose 15.4% to $58.3 billion during April-Oct, while net inflows almost doubled due to lower disinvestment and repatriation. RBI data estimated gross inflows to be 8.8% lower at $6.5 billion in Oct. Recent weeks have seen a spate of announcements, including by Google, Microsoft and Amazon, besides acquisitions…
MUMBAI: High-frequency indicators in Nov show activity is holding up and demand is robust, even though headline CPI inflation edged up, but stayed below the lower tolerance level.RBI’s state of the economy report, published on Monday, said “benign inflation during the month kept input cost pressures low for firms”, hence “limiting hikes to selling prices…
MUMBAI: RBI sold a net $11.9 billion in Oct 2025 to support the rupee, reinforcing its role as the stabilising force in the currency market. Data from RBI’s Dec bulletin shows that the central bank stayed active across both spot and forward markets through FY25 to reduce volatility and keep market conditions orderly.In the spot,…
NEW DELHI: India will soon start discussing terms of reference (ToR) for a proposed free trade agreement (FTA) with Canada, commerce and industry minister Piyush Goyal said on Monday. The ToR will define the scope and structure of the negotiations and is first formal step towards reviving talks that were paused by Canada in 2023….
American company FedEx has come under fire after a multibillion-dollar federal delivery contract coincided with a sharp increase in the company’s hiring of foreign workers, even as it cut hundreds of US jobs across multiple states.In December 2022, the US Transportation Command awarded FedEx a contract worth $2.24 billion for the Next Generation Delivery Service-2…
