Titan sets its sights on Damas Jewellery; a sparkling second attempt
Titan Co is in discussions with Qatar’s Mannai Corp to acquire a stake in Damas Jewellery, estimated at ₹4,500 crore. The acquisition would boost Titan’s presence in the GCC region. Previous talks failed due to valuation disputes, but renewed negotiations indicate strong interest from Titan.
360 ONE Asset to buy into Bharti AXA Life
360 ONE Asset is set to acquire a 15% stake in Bharti AXA Life Insurance, aiming to boost innovation and expand market reach. The investment will help Bharti AXA enhance its product offerings and address consumer needs, with the deal awaiting regulatory approvals.
Market Selloff & Portfolio Performance: Big investors’ wealth erosion in 2025
The broad-based nature of the selloff in the market has hurt some of the largest individual investors in the country.
Slide Show: Small- & micro-cap indices end up in bear market
Since September 27, the Nifty Smallcap 250 and Microcap 250 indices have plunged 21.4% and 20.2%, respectively, while the Nifty Midcap Index has slumped 17.7% in the same period.
Dalal Street big guns too unable to dodge bullet
DMart founder Radhakishan Damani has seen value of his holdings shrink by ₹64,000 crore, or 28%, since October 1, falling from ₹2.31 lakh crore to ₹1.67 lakh crore, according to primeinfobase.com data.
Europe stocks mark record closing as defence stocks soar
European governments are poised to further scale up their plans for defence spending in the coming years, which should benefit the equity prices of European defence companies
Rupee’s initial spark fizzles out against dollar as sell-offs weigh
The rupee closed slightly weaker at 86.8775 against the dollar, despite opening stronger. FIIs continue selling, with over $11 billion outflows in 2025. Sustainable inflows are needed to reverse the negative bias, as the rupee nears record lows.