Markets Today Highlight: Broader markets also mirrored benchmarks, with Nifty Midcap100, and Nifty Smallcap100 ending down by 1.26 per cent and 0.30 per cent, respectively

Brokerage, Market

The governor is chairing an almost entirely new six-member monetary policy committee

Sanjay Malhotra, RBI governor

SBI Q3 results: SBI share price dropped to the day's low after Q3 results announcement

SBI, State Bank Of India

With the world in rapid flux following the election of Donald Trump, India finds itself in uncharted waters, and needs to learn how to make deals that serve its interests to the fullest

Trade

Both Canadian PM Trudeau and Mexican President Sheinbaum said they had agreed to bolster border enforcement efforts in response to Trump's demand to crack down on immigration and drug smuggling

Donald Trump, Trump

Manzoor Ahmad Wagay was shot dead by terrorists in Behibagh area of south Kashmir's Kulgam on Monday, while his wife Aaina Akhtar (32) and niece Saina Hameed (13) were also injured in the incident

Ravinder Raina, Ravinder

India will come on his radar soon, but while we wait for Mr Trump's other disruptive shoes to drop, taking a helicopter view of his actions serves us better than reacting in a knee-jerk fashion

The upside of Trump's disruptions

Experts feel that funding freeze may not move the needle much; but some projects will be in limbo

USAID

JNU professor Rajeev Sijariya has been suspended following his arrest in a bribery case linked to NAAC. The CBI has arrested 10 people for allegedly taking bribes to grant a higher rating

Image via Shutterstock

The move comes after US President Donald Trump earlier this week vowed to bring Iran's oil exports to zero as the US
tries to prevent the country from obtaining a nuclear weapon

Tankers owned by sanctioned entities continue to transport Russian crude oil to India this year. In some cases, specific tankers sanctioned by the United Kingdom continue to supply India with Russian oil.

Telecom infrastructure firm Indus Towers will acquire mobile sites of its parent firm Bharti Airtel and sister concern Bharti Hexacom for Rs 3,308.7 crore, the company said in a regulatory filing.
The boards of Bharti Airtel and Bharti Hexacom have approved the sale of telecom towers for Rs 2,147.6 crore and Rs 1,134 crore respectively.
"The Board of Directors...have today, approved the acquisition of passive infrastructure assets/ telecom towers from Bharti Airtel Limited and Bharti Hexacom Limited, by way of slump sale," Indus Towers said in a regulatory filing.
The country's largest telecom infrastructure Indus Towers has a pan-India presence with 234,643 towers and 386,819 co-locations as on December 31, 2024.
Through the proposed transaction, the company plans to acquire aggregate of approximately 16,100 telecom towers.
"The aggregate cost of acquisition will be up to a maximum of Rs 33,087 million subject to the closing adjustments as agreed between the parties," Indus ...

Airtel

Phenom aims to double its workforce within the next two years across its existing offices in Hyderabad, Vizag, and Bengaluru

Artificial Intelligence, AI

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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US imposes sanctions on individuals, tankers shipping Iranian oil to China

Indus Towers to acquire telecom sites of Airtel, Hexacom for Rs 3,309 cr

US-based AI company Phenom acquires talent mobility platform EDGE

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Stock Market Close Highlights: Sensex sheds 213pts, Nifty at 23,603 ahead of RBI Policy; MidCaps dip

New RBI Governor Sanjay Malhotra expected to begin interest rate cuts

SBI Q3 results: Net profit rises 84% YoY to Rs 16,891 crore, NII up 4%

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