This is a representational image (Pic credit: Lexica) MUMBAI: American private equity fund KKR will buy 51% of HealthCare Global Enterprises, a Bengaluru-based, listed company, for Rs 3,203 crore, marking its second investment in India’s hospital sector after Baby Memorial Hospital. As a result, KKR will make an open offer to HGE’s shareholders for an…
NEW DELHI: Apple could be one of the biggest losers in case the Trump administration decides to slap reciprocal tariffs on import of electronics and smartphones from India as the move may put a spanner in its growing manufacturing investments here.The situation is equally grave for auto component makers, who ship parts worth billions of…
NEW DELHI: Markets regulator Sebi is looking to expand the definition of qualified institutional buyers (QIB) and remove the 200-investor cap, allowing angel funds to access a broader pool of accredited investors. This move will enable more wealthy investors to participate, boosting funding for startups. It ensures that only financially strong investors take on high-risk…
NEW DELHI: As the new UK govt gets back to the negotiating table on Monday, duty cuts on scotch and cars will back on the table, amid indications that Indian industry has given more elbow room on whisky, with India going to press for easier visas for businessmen and professionals under the proposed free trade…
This is a representational AI image (Pic credit: Lexica) MUMBAI: Foreign institutional investors (FIIs) continued to sell in the Indian stock market, offloading equities worth Rs 81,903 crore in Jan. The trend persisted in Feb, with Rs 30,588 crore sold till the 21st, bringing total FII outflows in 2025 to Rs 1.1 lakh crore, according…
NEW DELHI: The list of passengers peeved at Air India‘s yet to be fixed cabin product got its most high profile entrant on Saturday when Union agriculture minister and former Madhya Pradesh CM Shivraj Singh Chouhan was allotted a broken seat on a Bhopal-Delhi flight Saturday. When the minister inquired how a broken seat can…
MUMBAI: RBI governor Sanjay Malhotra in his maiden monetary policy committee (MPC) meeting had said that it was an ‘appropriate time’ to cut rates, given the macroeconomic outlook and expected inflation alignment with the target. Malhotra had argued that monetary easing, along with agricultural growth and budgetary measures, would stimulate household consumption, housing investment and…
Tesla, under Elon Musk’s leadership, is reportedly seeking retail space and recruiting staff to sell vehicles in India. (AI image for representative purpose) Tesla India entry: India may introduce an on-tap facility process for electric vehicle manufacturing under the soon to be unveiled guidelines of the incentive programme announced in the previous year, according to…
In the absence of fresh catalysts, market experts anticipate Nifty to move sideways near current levels. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Friday. While BSE Sensex was below 75,700, Nifty50 was near 22,900. At 9:26 AM, BSE Sensex was trading at 75,664.09, down 72…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, ONGC and Crompton Greaves Consumer Electricals are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for February 21, 2025:Index View: NIFTYThe Index has been consolidating with high volatility over the past…
