FPIs infuse Rs 19,860 cr in equities in May

Foreign investors continue to exhibit confidence in the country’s equity market, injecting Rs 19,860 crore in May driven by favourable global economic indicators and strong domestic fundamentals. Illustration: Dominic Xavier/Rediff This positive momentum follows a net investment of Rs 4,223

Weak guidance may hit Sun Pharma in FY26

Despite a healthy performance in the fourth quarter of 2024-25 (Q4FY25), the stock of India’s largest listed pharma company, Sun Pharmaceutical Industries (Sun Pharma), was under pressure on Friday due to a muted guidance. Image used for representation purpose only.

HUL MD’s salary rises 3.7% to Rs 23 cr in FY25

HUL managing director Rohit Jawa’s total remuneration in FY25 has witnessed an increase of 3.75 per cent to Rs 23.23 crore, according to the latest annual report of the FMCG major. Photograph: Kind courtesy, HUL Jawa’s annual package included a

Tech: AI will bring in ‘humongous changes’: IT Minister Vaishnaw

‘I think that kind of change is coming. We should stay prepared for that change, whichever industry or sector we are in, we must be prepared.’ IMAGE: Union Minister Ashwini Vaishnaw, during the inauguration of the VVDN Technologies’ state-of-the-art Mechanical

Sitharaman on how a nation creates wealth

Finance Minister Nirmala Sitharaman on Saturday said the government led by Narendra Modi refers entrepreneurs as wealth creators as the profit earned by them through ethical ways help drive development goals. Photograph: ANI Photo “Wealth creation in India has never