MUMBAI: Payments infrastructure startup Juspay has raised a fresh $50 million in funding from new investor WestBridge Capital at a valuation of $1.2 billion, becoming the first unicorn of the year. The investment includes a mix of primary and secondary transactions, the company said in a statement on Friday. In a secondary deal, a firm’s…
MUMBAI: IndusInd Bank swung back to profit in the December quarter, reversing a September-quarter loss, but earnings stayed sharply lower year-on-year as the lender shrank its balance sheet and absorbed higher provisions. It posted a net profit of Rs 128 crore for Q3 FY26, against a Rs 437 crore loss in Q2. A year earlier,…
The Union Budget 2026 may maintain the fiscal deficit at 4.4% of GDP in FY27, according to Nuvama, as the economy shows fragile momentum. The government might focus on deregulation and disinvestments to support growth, rather than fiscal expansion, with a continued emphasis on sectors like semiconductors and AI. As the Budget 2026 approaches, the…
Ahead of the Union Budget 2026, industry leaders from the pharmaceutical and MedTech sectors have called for a structured funding framework to deepen innovation and research and development (R&D), saying this is critical for realising India’s Viksit Bharat vision.Dr Reddy’s Laboratories Ltd Chairman Satish Reddy said India’s pharmaceutical industry is undergoing a strategic transition from…
The Adani Group has rejected the allegations as unfounded and said it will take all legal steps available to defend its position. Adani Group stocks today: Shares of several Adani Group companies including Adani Green, Adani Enterprises, Adani Energy and Adani Ports have dropped by up to 10% after the US Securities and Exchange Commission…
Micron Technology’s $2.75-billion semiconductor facility in Sanand, Gujarat, is expected to begin commercial production by the end of February, IT and electronics minister Ashwini Vaishnaw said. Speaking to ET on the sidelines of the World Economic Forum in Davos, Vaishnaw said that pilot production is already underway at four semiconductor plants, with one now ready…
Gold’s intraday technical structure has turned constructive, supported by EMA crossover, improving RSI, and a positive MACD setup. (AI image) Gold price prediction today: Gold’s intraday construct is positive and investors can look to buy on dips, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near…
US President Donald Trump, on Friday, hailed TikTok’s new deal and thanked Chinese President Xi Jinping for approving to “save” the platform. Under the new agreement, the short video platform will be operated through a majority American-owned joint venture.“I am so happy to have helped in saving TikTok! It will now be owned by a…
Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, opened flat in trade on Friday. While Nifty50 was near 25,250, BSE Sensex was down 50 points. At 9:17 AM, Nifty50 was trading at 25,263.15, down 27 points or 0.11%. BSE Sensex was at 82,257.49, down 50 points or 0.061%.Analysts are of the view that…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for January 23, 2026 are Gokaldas Exports, and Hindustan Unilever. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYIndian benchmark indices witnessed heightened volatility during the last week, with markets trading under a persistent downward bias….
