BENGALURU: Cricketer Virat Kohli’s stake in sportswear company Agilitas Sports has increased to 6.4% from 1.8% following the National Company Law Tribunal’s (NCLT) approval of the merger of his sportswear brand One8 with Agilitas.Kohli invested Rs 40 crore in Agilitas last year. Under the merger, One8 Sports has been integrated into Agilitas as a wholly…
File photo: Taj Hotel Mumbai MUMBAI: Tata Group’s Taj Hotels and Adani Airports have entered into an agreement for eight hotels across four cities — Mumbai, Ahmedabad, Lucknow and Guwahati. Adani operates the airports in these cities and Taj Group will create a combined inventory of 2,000 rooms in the eight hotels that will span…
MUMBAI: Credit card spending fell 5.9% year-on-year to about Rs 2 lakh crore in Sept 2026, the first annual decline since Feb 2021, as festive purchases shifted to Oct and a high base amplified the fall.Spending had risen 13.3% month-on-month in Sept 2025 after GST rate cuts took effect and online festive sales began in…
The $500 billion wipeout marked the second-largest single-day loss in market value recorded by a company, after chipmaker Nvidia lost nearly $600 billion in early 2025 Shares of Google parent Alphabet plunged more than 12% on Thursday, wiping out around $500 billion in market value in one of the biggest single-day losses in stock market…
File photo: BLS Polymers logo MUMBAI: The Rs 255 crore IPO of BLS Polymers was subscribed a little over 241 times, making it one of the highest subscribed primary offers in recent times. Compared to nearly 1.2 crore shares on offer, total bids at the upper end of the Rs 141-150 per share price band…
The Sensex and Nifty are likely to open higher after gaining over 1% each in the previous session, supported by strong corporate earnings. However, surging crude oil prices above $117 a barrel amid renewed Middle East tensions could cap gains. Asian markets traded lower amid AI-related concerns, while foreign investors turned net sellers of Indian…
Brent futures gained 86 cents, or 0.75%, to $115.74 a barrel Crude oil prices continued their upward march on Friday, with Brent crossing $115 a barrel as attacks on Saudi energy infrastructure and mounting risks to shipping in the Gulf heightened fears of supply disruptions. The benchmarks were also heading for their fourth consecutive monthly…
File photo: Sagility logo MUMBAI: IIFL Capital on Thursday night launched a block deal for up to 56 crore shares of Sagility Ltd that could be worth nearly Rs 2,400 crore or about $250 million. Netherlands-based Sagility BV, a promoter group entity, is the seller. Source link
NEW DELHI: Asian Paints on Thursday reported a 7.5% year-on-year increase in consolidated net profit at Rs 1,067 crore for the Sept quarter, as strong sales growth across domestic coatings and international markets was partly offset by rising raw material costs and pressure on operating margins. Net sales rose 17% to Rs 9,954 crore. Source…
Suspected hack hits world’s largest crypto exchange Binance (Reuters photo) Binance, the world’s largest cryptocurrency exchange, said on Thursday that $2.54 billion worth of crypto assets had been frozen as it investigated a possible security breach. Stablecoin issuers Circle and Tether also froze assets linked to the incident, news agency Reuters reported.“Binance will cover all…
India’s economy is expected to grow 7.35% in Q2 FY27 (AI-generated image) NEW DELHI: Amid a challenging global environment, the Indian economy is well positioned to sustain the growth momentum for the rest of the financial year 2026-27 and is expected to expand 7.35% during the July-Sept quarter on the back of strong domestic demand,…
