Asian stocks fluctuate as US jobs outlook cools
Asian stocks showed mixed performance as investors await key inflation data that could influence the Federal Reserve’s rate cut decisions. Hopes for rate cuts were fueled by signs of a cooling US labor market, even as geopolitical tensions in the Middle East pushed oil prices higher. Traders are also monitoring potential trade actions and economic […]
Will Urban Company’s IPO deliver returns despite rich valuations?
Urban Company plans to raise ₹472 crore through fresh equity and ₹1,428 crore via offer for sale. While revenue grew 34.1% to ₹1,144.5 crore between FY23-FY25 and the company turned profitable in FY25, net profit dipped 45% in the June quarter. With a high P/E multiple of 62, the IPO is suitable for investors with […]
Life insurers’ new premiums up 6.2%, private companies lead way
Indian life insurers experienced a 6.01% increase in new business premiums in August 2025, reaching Rs 1,63,461.52 crore, fueled by growth in both single and non-single premium policies. This expansion is attributed to insurers’ efforts to reach new customers and enhance distribution networks.
Legal tangles could stall Vedanta-JAL deal
Vedanta has won the bid for Jaiprakash Associates. The deal worth Rupees 12,505 crore may face hurdles. Legal battles over asset ownership are a concern. Disputes with Yamuna Expressway Authority are ongoing. There are issues with pledged shares in Bhilai Jaypee Cement. Promoter Manoj Gaur’s guarantees add complexity. The resolution process could face court challenges.
Will Infosys’ share buyback boost investor confidence?
Infosys’ share buyback announcement has historically boosted its stock performance, raising investor optimism. On Tuesday, Infosys shares surged 5% following the buyback declaration, with the Nifty IT index climbing 2.8%. This marks the IT firm’s fifth buyback, aiming to counter a 20% stock decline this year amid US slowdown worries.
SAT asks Sebi to explain why it withheld documents from Jane Street
The Securities Appellate Tribunal (SAT) has directed SEBI to explain why it withheld documents from Jane Street, a US trading firm accused of manipulating the Indian derivatives market. SAT has also halted in-person hearings in the case until further notice.