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Blackstone stake sale natural cycle: Mphasis
Mphasis CEO Nitin Rakesh assured investors that Blackstone's stake sale is a standard part of its investment cycle, not a reflection of poor performance. Blackstone, holding over 60% since 2016, plans to sell up to 1.8 crore shares via open market transactions, subject to market conditions. This move signals a natural exit strategy for the private equity firm.
Live Nation Freezes Out Venues That Ditch Ticketmaster, US Says
The US Justice Department told a federal judge that Live Nation Entertainment Inc. should be broken up because the company maintains a stranglehold over the live events industry, in part by freezing out venues that don’t use its Ticketmaster unit.
Leyland: Need well-designed scrappage policy
Ashok Leyland's MD highlights the urgent need for a robust vehicle scrappage policy to modernize India's truck fleet. This initiative is crucial for reducing pollution and logistics expenses, as the average age of trucks has significantly increased, impacting operational efficiency and costs.
India-EU trade deal in 4 days: Textile minister
Textile Minister Giriraj Singh anticipates a trade deal with the EU within four days, highlighting stable garment export growth despite global economic challenges. He attributed this resilience to market diversification, with exports reaching Rs 1,01,000 crore in April-December 2025. Singh also refuted claims by Rahul Gandhi regarding US tariffs crippling the sector.
US tariffs: Garment exporters stay bullish
Indian apparel exporters face US tariff challenges, with some like Shishir Kapoor unaffected due to their premium clientele. Others, however, are pivoting to Europe and the UK, seeking new trade agreements and diversifying markets. Despite geopolitical hurdles, companies are adapting by focusing on new product lines and exploring emerging markets like Russia and Australia.
11.6k cr pay day at PSU insurers, RBI
The Centre has approved a Rs 11,640-crore payout for employees of public sector general insurers, RBI, and Nabard, covering wage and pension resets. State-owned general insurers will receive the largest share of Rs 8,170 crore. This comes as three PSU insurers face solvency concerns, potentially leading to budgetary capital infusion and speculation about consolidation or stake sales.
Intel’s Stock Meltdown Risks Eroding Trump-Endorsed Comeback
Intel Corp.’s stock slide is delivering a reality check to President Donald Trump’s vision for quickly reviving domestic chip manufacturing led by an American champion, four months after the US moved to acquire as much as a 10% stake in the company.
At $1.2bn, Juspay first unicorn of the year
Mumbai-based payments infrastructure startup Juspay has achieved unicorn status, securing $50 million from WestBridge Capital at a $1.2 billion valuation. This funding round, including a secondary component for early investors and employees, marks the company's significant growth. Juspay, powering global merchants and banks, processes over 300 million daily transactions, underscoring its robust business model and market traction.
Sebi sends notices to PwC, EY execs over insider trades in 2022 Yes Bank share sale
Market watchdog Sebi is probing alleged insider trading in Yes Bank shares during a $1.1 billion deal in July 2022. Notices have been issued to executives from PwC, EY, Carlyle Group, and Advent International, along with their relatives and a former Yes Bank board member. Investigations reveal potential misuse of unpublished price-sensitive information for illegal gains.
All in a day: Rupee nears 92/$, RBI eases liquidity, forex kitty swells
The rupee hit a new low against the dollar, prompting the RBI to intervene by selling dollars. Simultaneously, the central bank injected liquidity into the banking system and conducted a dollar-rupee swap, which boosted forex reserves to over $700 billion. These actions demonstrate a delicate balancing act by policymakers.
Sensex slips to 81.5k points, lowest level in 3.5 months
Dalal Street witnessed a significant downturn on Friday as the Sensex plunged 770 points and the Nifty slid 241 points. Investor sentiment was dampened by a weakening rupee and substantial foreign fund selling, driven by geopolitical concerns. This selling pressure resulted in a loss of Rs 6.9 lakh crore for investors.
First Citizens BancShares slides after downbeat annual interest income forecast
FIRST CITIZENS BANCSHARES-RESULTS/:First Citizens BancShares slides after downbeat annual interest income forecast
In metals we trust: Sizzling silver surges past $100/Oz
Silver reached an unprecedented $100 per ounce for the first time, while gold neared $5,000 per ounce. This surge is driven by geopolitical uncertainties, a declining dollar, and strong industrial demand for silver, particularly from EV, semiconductor, and solar sectors. Analysts also cite a historic short squeeze in silver and China's export controls as contributing factors.
Andhra Pradesh Govt Mulls Ban On Social Media For Under-16s
The Andhra Pradesh government is reportedly mulling banning social media platforms for children below the age of 16 years. Speaking…
Ashwini Vaishnaw visits ASML HQ; Confirms Dutch giant’s tech for India’s Dholera chip plant
India’s semiconductor ambitions received a major boost as Union Electronics and IT Minister Ashwini Vaishnaw confirmed that the upcoming Dholera chip manufacturing facility will deploy advanced lithography systems from Dutch technology leader ASML, underlining growing global confidence in India’s emerging chip ecosystem.
EU's tariff change could make Indian exports, especially textiles, less competitive: Ex-WTO envoy Dasgupta
The withdrawal of EU tariff preferences will raise costs for a large share of Indian exports, with former WTO envoy Jayant Dasgupta cautioning that sectors such as textiles and chemicals could lose competitiveness even as India and the EU push to finalise a landmark free trade agreement.
Bombay HC stays ₹10,000 crore-plus GST demand on co-insurance, reinsurance transactions
Bombay High Court grants ad-interim stay on over ₹10,000 crore GST demands against 13 insurers, including Aditya Birla Health Insurance and SBI General, pending hearing on February 18, 2026.
Silver prices hit $100/ounce for the first time, gold nears $5000 milestone
Silver prices have surged more than 200% in the past year, driven by ongoing challenges in scaling up refining and the persistent supply shortage in the market.
Maruti Suzuki gets ₹1,183 crore income tax demand for FY22, plans appeal
Maruti Suzuki India Ltd received the final Income Tax Assessment Order for FY22 with a total demand of ₹1,182.5 crore, plans to appeal to the IT Appellate Tribunal, and confirmed no impact on its financials or operations.
Top domestic investors line up for Adani Power's largest onshore bond issue
Adani Power raised ₹7,500 crore via NCDs, attracting ICICI, Axis, Kotak, Nippon, Tata, Invesco and SBI MF. Strong cash flows and low leverage drive investor confidence and expansion plans.
2026 layoffs news: Which companies are planning job cuts as Amazon is set to trim workforce? Check details
Major companies including Amazon and Ericsson are set to make substantial job cuts in early 2026. Amazon plans to reduce thousands of roles, while Ericsson will cut 1,600 jobs in Sweden. Citigroup and BlackRock also announced layoffs as part of cost-reduction strategies.
DLF to foray into senior living homes segment, plans ₹2,000-crore project in Gurugram — check details
DLF is set to launch a senior living housing project in Gurugram this quarter, aiming to generate ₹2,000 crore in revenue. Here's what we know about the venture.
Karur Vysya Bank Q3 net profit rises 39%
Private sector lender Karur Vysya Bank on Friday reported a 39 per cent increase in net profit to Rs 690 crore for the OctoberDecember 2025 quarter.
Gravita India enters lithium-ion battery recycling with 6,000 MTPA Mundra plant in Gujarat
Gravita India has entered lithium-ion battery recycling by commissioning a 6,000 MTPA plant at Mundra with an investment of about ₹14 crore from internal accruals, aligning the company’s recycling-led growth strategy with sustainability goals and the expanding electric vehicle ecosystem.