Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for September 12, 2025 are Reliance Industries, and Persistent Systems. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices exhibited a range-bound yet upwardly biased price action during the week, underpinned by renewed optimism surrounding […]
Infosys set for record 18,000 crore buyback after 20% fall in year
BENGALURU: The Infosys board approved a Rs 18,000 crore share buyback on Thursday, the largest in the company’s history and marking its fifth buyback since 2017. The buyback, to be conducted through the tender offer route, will be at a price of Rs 1,800 per share in cash, involving the purchase of 10 crore equity […]
Govt calls meeting to discuss plan for inventory-based e-comm exports
MUMBAI: In its bid to push e-commerce exports and open up the global market for scores of small and medium sellers, the govt is set to begin consultations with the industry to draw a framework for allowing inventory based model for e-commerce exports.While there have been growing calls from the industry to open up the […]
Tata Trusts vice-chairman Vijay Singh exits Tata Sons board
MUMBAI: In an abrupt move, Tata Trusts vice-chairman Vijay Singh (77) has resigned from the board of Tata Sons, a day before the holding company’s directors were to meet, and amid an impending RBI-mandated IPO deadline.Two main units of Tata Trusts – Sir Dorabji Tata Trust and Sir Ratan Tata Trust – collectively hold approximately […]
Rupee hits a new low of 88.45 against dollar amid trade turmoil
MUMBAI: The rupee closed weaker on Thursday, settling at 88.44 against the dollar, compared with 88.10 in the previous session, marking a fresh record low. The currency opened at 88.12, touched a high of 88.09 and a low of 88.45 during the day, slipping past its earlier low of 88.36 hit last week.The decline comes […]
JioBlackRock fund launch: First active equity product set for September 23; more in pipeline this year
JioBlackRock Mutual Fund on Thursday announced the launch of its first active equity product, JioBlackRock FlexiCap Fund, on September 23, while indicating that three to four more active equity schemes could be rolled out during the current fiscal.“This is our first active equity fund. Three or four other active equity funds are in the pipeline, […]
Highway toll policy: Nitin Gadkari says plan to benefit bus operators, green hydrogen truck corridors identified
The road transport ministry is preparing a toll policy to extend benefits to both state and private bus operators who use national highways, Union minister Nitin Gadkari said on Thursday.The government has already rolled out a FASTag-based annual pass for non-commercial vehicles at Rs 3,000 from August 15, aimed at easing highway travel. The pass […]
’Not far apart on tariff deal’: Trump’s India ambassador nominee says issues to be resolved ‘in weeks’; calls India a strategic partner
The US ambassador-designate to Delhi, Sergio Gor, emphasised that India’s role as a strategic ally will influence regional and international developments. (AI image) US President Donald Trump’s nominee to be the American ambassador to India, Sergio Gor has said that India-US trade deal issues will be sorted within weeks. At a Senate committee hearing for […]
Currency watch: Rupee slips to record closing low of 88.35 vs US dollar; strong dollar index, crude gains add pressure
The rupee closed at a fresh all-time low of 88.35 against the US dollar on Thursday, tumbling 24 paise amid sustained tariff tensions between India and the US, foreign fund outflows, and rising crude oil prices.Forex dealers said a stronger dollar ahead of US inflation data further weighed on the Indian unit, which continues to […]
Infosys share buy back: IT giant announces its largest-ever Rs 18,000 crore share buyback; 19% premium for shareholders
Infosys Ltd on Thursday announced a Rs 18,000 crore share buyback programme, signalling confidence in its long-term cash flows and growth prospects even as the IT services major faces muted revenue growth this fiscal.The company said it will repurchase around 10 crore shares at Rs 1,800 apiece, a 19% premium over the stock’s Thursday closing […]