China’s Envision Group is exploring the possibility of setting up a battery manufacturing plant in India, looking to tap into the country’s rapid push to modernise its grid and integrate more renewable energy.According to Bloomberg, Suman Nag, Envision’s global head for contracts, said the company is evaluating a 5 GWh-a-year, $34 million facility, which would…
Asian markets traded in a narrow range on Friday, wrapping up a strong week for global equities amid growing expectations that the US Federal Reserve will cut interest rates again next month. South Korea’s Kospi, Japan’s Nikkei 225 and Hong Kong’s Hang Seng index were trading lower, while China’s Shanghai Composite edged into positive territory….
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for November 28, 2025 are JSW Steel, and JSW Energy. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices advanced for the third straight week, with the Nifty hitting a new all-time high of 26,310…
JP Morgan, Maquire see 30K nifty level by end-2026JP Morgan has raised the base case for the nifty target to 30,000 points for end-2026. Analysts feel with supportive fiscal and monetary policies, recovering domestic demand and broad-based sectoral growth, corporate earnings are set to rebound. They feel India’s valuations remain at a premium, but the…
NEW DELHI: Capital markets regulator Sebi on Thursday cancelled the registration of 68 investment advisers for failing to pay renewal fees.The list of cancelled entities includes Truenorth Labs, Equity Mantra, Saurabh Mundra, Sheetal Agrawal, Ateet Hemant Wagh, Getbasis Securities and Technologies India, Lucid Technologies, and Avenue Venture Partners Investment Adviser LLP, among others. According to…
MUMBAI: An arm of the National Payments Corporation of India has launched a platform that promises the RBI far greater oversight of net banking transactions, including payments linked to crypto or gaming.NPCI Bharat BillPay Limited has rolled out Banking Connect, an interoperable system that allows any merchant integrated through a payment aggregator to receive payments…
Mahindra & Mahindra’s Rajesh Jejurikar NEW DELHI: As relations between India and China seem to be mending on the business front, local auto major Mahindra & Mahindra has said Indian carmakers are open to competing with Chinese brands, provided they “compete on equal terms” and adhere to localisation norms of the country.Mahindra has been betting…
Financial services firm Equirus Group on Thursday announced the appointment of Manishkumar Jain as the chief executive officer of Equirus Finance, its newly launched non-deposit-taking NBFC, days after receiving approval from the Reserve Bank of India (RBI).Jain will lead the NBFC’s expansion and build a diversified lending franchise focused on high net-worth individuals (HNIs), family…
NEW DELHI: Prime Minister Narendra Modi on Thursday announced that India is gearing up for a big shift in its nuclear policy as the Centre is now planning to allow private companies into the nuclear energy sector, a space that has traditionally been tightly controlled by the government.“We are moving towards opening the nuclear sector…
German chemical major Wacker Chemie on Thursday announced plans to cut 1,500 jobs, nearly a tenth of its global workforce, as the industry faces one of its toughest periods in decades. The company said most of the reductions will take place in Germany, with the process to be completed by the end of 2027, according…
