US to drop charges against Gautam Adani in $265 million fraud case: Report

US authorities are moving to resolve fraud charges against Indian billionaire Gautam Adani, with the Justice Department to drop the criminal case linked to an as early as this week,…

RBI schedules underwriting auction for ₹32,000 crore government securities on May 15

The Government of India is set to conduct an underwriting auction for the sale of Government Securities for ₹32,000 crore on May 15, 2026. According to the Reserve Bank of…

Nifty may hit 42,000 by 2029 on sustained FII inflows: CNI InfoXchange

Nifty 50 could potentially scale 42,000 by 2029 if historical flow patterns and domestic growth momentum sustain, said a CNI InfoXchange report after analysing past trends, especially post heavy selling…

Carborundum Universal Q4 loss at ₹17.6 crore 

Murugappa Group company Carborundum Universal on Thursday reported a consolidated loss after tax and non-controlling interest at ₹17.6 crore for Q4FY26 compared to profit of ₹29 crore in Q4FY25. Revenue…

Broker’s call: Cipla (Buy)

Target: ₹ 1,732 CMP: ₹1,438.65 Cipla Q4-FY26 Revenue (₹6,541.20 crore -3 per cent y-o-y), EBTIDA (₹997 crore down 35 per cent y-o-y) and net earnings (₹554.60 crore down by 55…

Adani fraud charges likely to be dropped by US Justice Department: report

US authorities are moving to resolve the fraud charges against Indian billionaire Gautam Adani, according to people familiar with the matter, and end a criminal case that’s hung over Asia’s…

Broker’s call: CarTrade (Buy)

Target: ₹2,953 CMP: ₹1,836.20 CarTrade Tech Ltd is India’s leading multi-channel digital marketplace, connecting consumers, dealers, OEMs and financial institutions across verticles, majorly the vehicle buying and selling journey. The…

Uber bets big on India with two new tech centres in Bengaluru, Hyderabad

Uber to set up two new technology centres in Bengaluru and Hyderabad by the end of 2027, chief executive Dara Khosrowshahi said during a town hall at the company’s Bengaluru…

Bagmane Prime Office REIT ends 3.7% higher at ₹103.66

Blackstone-backed Bagmane Prime Office REIT ended Day 1 of listing on strong note, by gaining nearly 3.66 per cent at ₹103.66 against the issue price of ₹100. The units were…

United Spirits Q4 PAT rises to ₹568 crore; premium portfolio stays resilient

United Spirits Ltd reported a net sales value (NSV) of ₹3,054 crore in Q4FY26, up 3.7 per cent increase from the year-ago period. The company posted a profit after tax…