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Carlyle investee companies Sequent Scientific and Viyash Life Sciences announced a merger that will create a platform with leadership in animal pharmaceuticals and expanded capabilities across the larger global pharmaceutical market, including in research and development. ET in its online edition on Thursday afternoon reported first about talks between Sequent Scientific and Viyash Life Sciences for a ₹7,000 crore-₹8,000 crore merger.

Chinese vendors from the supply chains of all forms of surveillance equipment in the aftermath of the recent coordinated pager explosions in Lebanon, multiple sources aware of the development told ET. The move is set to benefit local companies. «In light of the pager explosions, critical sourcing of certain components or parts of the supply chain will be looked at in a big way by the government,» one top industry source cited above told ET. «The government's policy on surveillance cameras is likely to come into effect on October 8. Once it comes out, all the Chinese players will be out of the picture, and Indian companies are likely to gain.» While the gazette notifications came out in March and April this year, sources said the government has accelerated its implementation and sharpened its focus on security after the Lebanon explosions. The government is set to fast-track the implementation of guidelines on CCTV cameras, which will allow players from «trusted locations» to sell in India.

Accenture raised its revenue guidance for FY25. Early gains, however, fizzled out at close as investors cut their bets on expectation that the upside could be capped in the near-term. HCL Tech and Coforge gained 1.4% and 1.2%, respectively. Mphasis, Persistent Systems, Infosys and Tata Consultancy Services closed between 0.3% and 0.5% higher. Most of these shares traded 2-4% higher earlier in the day.

The U.S. is struggling to replant forests destroyed by increasingly destructive wildfires, with some areas unlikely to recover

Electric vehicle owners who live in the path of hurricanes should be wary of the risk their cars could catch fire if they are inundated by saltwater as the powerful storm moves ashore

festive season will be crucial for India's top two two-wheeler makers as the duo, accounting for more than half of the market, plan to intensify their slugfest and go all out to chase volumes and market share with aggressive promotional schemes in the world's largest market. Hero MotoCorp aims to retail 1.5 million two-wheelers, up 10% year-on-year (YoY) during the 32-day period which begins with Navratri on 3 October. This is equivalent to nearly three months of sales. Honda Motorcycle and Scooter India (HMSI) plans to sell 15-20% more than in 2023 — a year that was marked by supply shortages. To be sure, the priorities for each are different but the goalposts remain the same. For Honda, which overtook Hero in wholesale volumes in the first five months of this fiscal, it would be about covering more ground and cementing its leadership position; for Hero, it would be about clawing back market share it ceded reclaiming the numero uno position.

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Subscribe to enjoy similar stories. Meta Platforms’ claims that Facebook doesn’t polarize Americans came under new doubt as the journal Science raised questions about a prominent research paper the tech giant has cited to support its position.

Subscribe to enjoy similar stories. All that glitters isn’t just gold—it’s also silver. The commodity’s price is up about 34% year to date, outpacing gold, which keeps hitting record highs.

Also Read: Rs 1.42 lakh for one night stay! Navi Mumbai hotel prices get hot when Coldplay is around Why are Indians shelling out so much money for a show by a band which is not even one of the most popular in the world today? While many attribute this phenomenon to the extreme FOMO (fear of missing out) sentiment in the age of social media when people like to flaunt things, it is also an indicator of India's economic situation. The frenzy for Coldplay tickets shows India's strengthening consumption story even as disposable incomes rise, the number of rich grows at a fast pace, the size of the middle class increases and a trend of premium consumption sweeps across sectors. Not just the class that clamours for Coldplay tickets, even those at the bottom of the pyramid are showing different consumption trends.

Coal India Ltd.(up 1.89%), Ashapura Minechem Ltd.(up 1.11%), MOIL Ltd.(up 0.39%) and NMDC Ltd.(up 0.38%) stood among the top gainers.

Kalpataru Projects International Ltd.(up 6.55%), SJVN Ltd.(up 6.24%), Reliance Power Ltd.(up 4.99%), NLC India Ltd.(up 4.90%), GE T&D India Ltd.(up 4.86%), NHPC Ltd.(up 2.05%), Power and Instrumentation(Gujarat)Ltd.(up 2.00%), Tata Power Company Ltd.(up 1.99%), GE Power India Ltd.(up 1.96%) and Jyoti Structures Ltd.(up 1.78%) stood among the top gainers.

Are you wondering if Hamster Kombat’s innovative play-to-earn gaming model, launching on September 26, 2024, is a worthy investment? Another exciting project, Rexas Finance (RXS), is gaining attention for its potential to revolutionize real-world asset tokenization. This article explores the unique use cases of both projects in 2024.

Shares of Brigade Enterprises Ltd.(up 5.19 per cent), Phoenix Mills Ltd.(up 2.51 per cent) and Prestige Estates Projects Ltd.(up 2.34 per cent) ended the day as top gainers in the pack.

Shree Renuka Sugars Ltd.(up 10.25%), Balrampur Chini Mills Ltd.(up 6.87%), Bajaj Hindusthan Sugar Ltd.(up 6.63%), KCP Sugar & Industries Corporation Ltd.(up 5.00%), Dwarikesh Sugar Industries Ltd.(up 4.71%), Mawana Sugars Ltd.(up 4.62%), Avadh Sugar & Energy Ltd.(up 4.62%), Simbhaoli Sugars Ltd.(up 4.38%), KM Sugar Mills Ltd.(up 4.32%) and Kothari Sugars & Chemicals Ltd.(up 4.06%) stood among the top gainers.

Sensex and Nifty closed in the red on Friday, taking a breather after hitting seven consecutive sessions of fresh record highs, dragged down by heavyweight financial stocks and investors’ profit-booking. The indices rose for third straight week. The BSE Sensex declined 264 points or 0.31%, settling at 85,571. The broader NSE Nifty dropped 37 points or 0.14%, ending at 26,178.

Bharat Petroleum Corporation (BPCL) soared approximately 7%, reaching a new all-time high of Rs 370.50 on the BSE and the NSE, amid strong trading volumes in the stock. Throughout the day, nearly 3 crore shares exchanged hands on both the exchanges combined and the company’s total market capitalisation stands at Rs 1.6 lakh crore.

Varun Beverages Ltd. traded 1.72 per cent lower in Friday's session at 01:53PM (IST). The stock opened at Rs 623.85 and has touched an intraday high and low of Rs 625.95 and Rs 614.85, respectively, during the session so far. The stock quoted a 52-week high of Rs 682.84 and a 52-week low of 331.28. About 87,288 shares changed hands on the counter so far.

US Fed has finally cut its interest by 50 bps. Our analysis showcases that since the turn of the century the US has witnessed 3 instances of a pivot of 50 bps rate cut, which were driven by the need to reduce a recession. Excluding COVID, US markets corrected as much 24% to 28% one year post the first cut. Indian markets too followed suit, correcting 15% to 30% during these two instances. However, this time US GDP is still growing at around 2% and fears of recession are lower. Theoretically, falling interest rates in the longer run should revive demand, increase capex and lower cost of capital and increase valuations and earnings of markets, especially if the economy is growing. India in our eyes falls under this basket of “growing economies with stable corporate earnings drivers”. Surge in domestic liquidity led to belief the equities could delink from the world and US markets at least shunting any significant falls.

HDFC Asset Management Company Ltd. fell 1.35 per cent to Rs 4461.6 in Friday's session as of 01:59PM (IST) even as the equity benchmark Sensex traded 138.76 points lower at 85697.36. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 4544.5 and a 52-week low of Rs 2565.0 on NSE. Around 3073 shares changed hands on the counter till 01:59PM (IST).

Zomato Ltd. fell 0.95 per cent to Rs 281.15 in Friday's trade as of 01:13PM (IST) even as the benchmark Nifty ruled at 26182.6, down 33.46 points. The scrip had closed at Rs 283.85 in the previous session. The stock quoted a 52-week low of Rs 98.55 and a high of Rs 298.2. The company quoted a market-cap of Rs 248744.45 crore on the BSE.