Shriram Finance shares surged to an all-time high after Japan’s MUFG Bank announced its acquisition of a 20% stake. Analysts have raised price targets, citing the deal’s positive impact on the NBFC’s growth outlook and debt repayment confidence. The investment is expected to accelerate diversification plans and bring valuable expertise.
PSB dollar sales help rupee close flat at 95
The Indian rupee held steady against the dollar on Monday. State-run banks sold dollars, supporting the rupee. Foreign exchange markets are now focused on upcoming