Global watchmaker Timex Group India Ltd on Monday (December 29) said its promoter, Timex Group Luxury Watches BV, Netherlands, has exercised the oversubscription option in its offer for sale (OFS) of equity shares through the stock exchange mechanism. Under the
Intel shares edged higher to $36.29 in pre-market trade on the Nasdaq on Monday, December 29, after the company announced that it had completed the sale of 214.8 million shares to Nvidia Corporation for $5 billion on Friday. Intel completed
Benchmark stock indices Sensex and Nifty closed lower on Monday due to selling in oil & gas and IT shares, foreign fund outflows and thin year-end trading. Photograph: Shailesh Andrade/Reuters Extending the downtrend to the fourth day running, the 30-share
Insurance intermediaries who receive disproportionately high commissions are likely to see a decline in their payouts, post the new Insurance Amendment Bill. Illustration: Dominic Xavier/Rediff The new Bill gives the Insurance Regulatory & Development Authority of India (Irdai) the power
The country’s largest airline IndiGo, which faced massive operational disruptions earlier this month, saw its domestic market share slide to 63.6 per cent in November, according to official data. Photograph: Vivek Prakash/Reuters Air India Group, comprising Air India and Air
Foreign investors fled Indian equities in 2025 at a scale never seen before, pulling out a record Rs 1.6 lakh crore ($18 billion) as volatile currency movements, global trade tensions, especially potential US tariffs, and stretched valuations eroded risk appetite,
Sigachi Industries Limited on Sunday informed stock exchanges that its Managing Director and Chief Executive Officer, Amit Raj Sinha, had been remanded in connection with an ongoing investigation into a fire incident at the company’s Hyderabad manufacturing unit. In a
The Indian stock market witnessed the worst-ever outflows from foreign portfolio investors (FPIs) in 2025, as their sentiment towards Asia’s third-largest economy remained fragile, even though corporate earnings and domestic consumption showed signs of recovery. As of December 27, FPIs
A host of macroeconomic data announcements, global trends and trading activity of foreign investors would dictate investors’ sentiment in the stock market this week, analysts said. Illustration: Dominic Xavier/Rediff Besides, auto sales data will be closely tracked, experts noted. With
FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts. Illustration: Dominic Xavier/Rediff
