
Carlsberg A/S is preparing for a potential $700 million IPO of its India unit, appointing Kotak Mahindra Capital Co., JPMorgan Chase & Co., and Citigroup as advisers. The listing could raise up to $700 million, with a draft red herring prospectus possibly filed as early as May.

U.S. equity indexes slipped on February 19 as Walmart issued a muted earnings outlook and investors grew uneasy about artificial‑intelligence regulatory risks. The Dow Jones fell about 0.8%, the S&P 500 dropped 0.7%, and the Nasdaq slipped roughly 0.9%. Walmart’s guidance...
Vedanta Ltd. is trading at a discount to its aluminium peers, and Kotak Securities believes the company is well positioned to benefit from a strong aluminium price environment. Aluminium prices slipped to $3,030 per tonne, pressured by a firmer US...

Macquarie has highlighted two key risks in PhonePe’s upcoming IPO: elevated Employee Stock Ownership Plan (ESOP) expenses that compress EBITDA margins, and a heavy reliance on a few revenue streams that could be hit by regulatory shifts. The broker estimates...

Devarsh Vakil, head of prime research at HDFC Securities, says Indian equities are showing a broader base for upside after rebounding from the February 2, 2026 lows. He highlights resilient corporate earnings and a particularly positive outlook for financial stocks....
Wall Street closed with mixed results as investors grappled with concerns that rapid AI adoption could trigger supply‑chain bottlenecks and regulatory backlash. The Dow Jones Industrial Average edged up 0.05%, while the S&P 500 slipped 0.24% and the Nasdaq Composite...

Gold and silver prices plunged up to 4% amid a rallying U.S. dollar and heightened profit‑taking. The sell‑off follows recent geopolitical tensions that initially lifted safe‑haven demand but have now softened. Technically, gold is trading around its 20‑day exponential moving...

Indian IT giants TCS, Wipro and HCL Tech are gaining investor confidence after the AI Summit 2026 highlighted the sector’s rapid AI adoption. Infosys announced a strategic partnership with Anthropic to embed large‑language models into its service portfolio, signaling a...

Indian small‑cap earnings for Q3 FY25 matched consensus forecasts, signalling a shift toward earnings normalisation after a period of rapid growth. While profit expansion has steadied, valuations remain elevated relative to peers, prompting analysts to stress quality over sheer size....
Marushika Technology's initial public offering is set to allocate shares soon, with the GMP index rising on the news. The article outlines steps investors can take to track the IPO status and highlights the upcoming allotment date.
Indian Inc delivered a 7% year‑on‑year profit rise in Q3, marking the seventh straight quarter of single‑digit PAT growth for the Nifty 50 – the longest streak since mid‑2020. Earnings were led by State Bank of India, Tata Steel, HDFC...

Axis Securities has highlighted three equities—Kirloskar Oil Engines, Blue Star and Astral—as short‑term buys, projecting up to 20% upside within the next three to four weeks. The brokerage cites a clear technical uptrend for Kirloskar Oil Engines, with higher highs...

Indian equities broke their recent rally as a broad technology sell‑off combined with mixed earnings commentary and profit‑taking pressured the benchmark indices. The IT sector led the decline, slipping sharply amid global chip‑maker weakness. Meanwhile, consumer‑focused stocks and a handful...

The Securities and Exchange Board of India (SEBI) has proposed using the T‑1 Net Asset Value (NAV) as the base price for exchange‑traded funds (ETFs). This change would replace the current practice of relying on the previous day’s NAV, which...

Bhatia Communications & Retail announced February 20 as the record date for its third interim dividend for FY 2025‑26, offering Rs 0.01 per equity share. The dividend is payable to shareholders holding shares before that date. The announcement follows a December‑quarter earnings beat,...

The Securities and Exchange Board of India (SEBI) released a consultation paper proposing to relax the naming, tagging and reporting requirements for bank and demat accounts held by stockbrokers. The draft aligns primary dealers with the exemptions already granted to...

Torrent Pharmaceuticals reported a 26% year‑on‑year profit increase to ₹635 crore in the December quarter, while revenue rose 17.6% to ₹3,303 crore. The strong top‑line was driven by higher sales of branded formulations and a modest export recovery. The company also announced...

The PNGS Reva Diamond Limited is set to launch a fresh‑share IPO on Dalal Street valued at roughly ₹380 crore. The issue comprises 0.98 crore new shares priced between ₹367 and ₹386 each, with the bidding period running from February 24 to February 26,...

Inox Wind posted a 115% jump in standalone net profit for Q3 FY26, reaching ₹126.33 crore versus ₹58.58 crore a year earlier. Total income rose 17% to ₹1,104 crore, up from ₹945.5 crore. The earnings surge stemmed from higher turbine sales and tighter cost...