ITC’s ₹1,330 Crore Happiest Minds Deal Explained: What It Means for Investors
ITC, through its wholly owned subsidiary ITC Infotech, has announced a strategic combination with Happiest Minds Technologies. ITC Infotech will first acquire a 22.1% stake in Happiest Minds from promoter entities for approximately ₹1,330 crore, after which Happiest Minds will…
Milky Mist Q1 FY27 Results: Profit Jumps 890% as Revenue Rises 44%
Milky Mist Dairy Food reported a sharp improvement in its Q1 FY27 performance, with profit after tax rising 889.81% year-on-year to ₹64.68 crore. Revenue grew 43.6% to ₹973.45 crore, supported by higher volumes, a better product mix, pricing and strong…
PVR INOX Buyback Explained: ₹300 Crore Buyback Details and Impact on Investors
PVR INOX has announced a ₹300 crore share buyback at ₹1,450 per share. The cinema operator plans to repurchase up to 20.69 lakh equity shares through the tender offer route, representing approximately 2.11% of its existing paid-up equity capital. The…
Oil-Sensitive Stocks Fall as Brent Crude Tops $91/Barrel
Oil-sensitive stocks including IndiGo, Asian Paints, Indian Oil and BPCL fell sharply on September 1 as Brent crude climbed to a seven-day high of $91.56 per barrel. Higher crude prices tend to hurt airlines, paint manufacturers and oil marketing companies…
Stock Market Today – 1 September 2026: Sensex, Nifty Recover From Lows
Introduction The Indian stock market recovered from its morning lows and turned marginally positive on Tuesday, 1 September 2026. Strong domestic GDP growth and gains in ITC, Adani Ports, Bharti Airtel and Reliance Industries helped Sensex today and Nifty today…
Jio Platforms Gets SEBI Approval for ₹37,000 Crore IPO
Jio Platforms has received the Securities and Exchange Board of India’s (SEBI) clearance to proceed with its much-awaited initial public offering (IPO). The public issue is expected to raise around ₹37,700 crore, potentially making it the largest IPO ever launched…
India Q1 GDP Growth Hits 7.8%, Beating RBI Forecast
India’s economy grew 7.8% year-on-year in real terms during the April to June 2026 quarter, beating the Reserve Bank of India’s forecast of around 7%. The stronger-than-expected Q1 FY27 GDP number suggests that domestic economic activity remained resilient despite risks…
HDFC Bank CEO Exit: Can New Leadership Revive Stock?
HDFC Bank is heading for a major leadership transition after Managing Director and CEO Sashidhar Jagdishan decided not to seek reappointment. He will retire from the bank at the close of business on October 26, 2026, when his current term…
Knowledge Realty Trust OFS: Price, Dates and Details
Knowledge Realty Trust’s sponsor-group entities linked to Blackstone are selling a significant portion of their REIT units through an Offer for Sale, or OFS. The base offer covers 74 crore units at a floor price of ₹108 each, while an…
