Stock Market Live Updates Today: Asian markets rally on falling oil, Vietnam braces for FTSE upgrade

Expectations for Friday’s trading session point to a flat to mildly positive opening for domestic equity benchmarks, with early signals from GIFT Nifty near 23,330–23,345 suggesting a muted or soft green start relative to Thursday’s close of 23,270.60. Wall Street momentum offers solid risk-on support, with the Nasdaq surging over 1.6 per cent and the…

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Tata group shares rally on hopes of listing

Minority shareholders in the company’s various businesses will be watching as an IPO could affect Tata’s ability to shift capital between its cash-rich established businesses and newer, less profitable ventures. MUMBAI: With the possibility of Tata Sons’ listing gaining traction, stocks of several Tata companies that hold shares of the group’s holding company rallied on…

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Chandra needs majority support from Tata Trusts’ nominees: Ex-CJI

Legal opinion centres on the interpretation of Tata Sons’ Articles of Association and interaction between special voting rights enjoyed by the Trusts’ nominee directors and chairman’s casting vote MUMBAI: Former chief justice of India D Y Chandrachud has opined that Tata Sons cannot validly reappoint N Chandrasekaran as executive chairman without the majority support of…

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NSE IPO opens for subscription: From GMP, market cap to status & global comparison – top 10 things to know

The public offering is a major step for NSE after its plans to list on the stock exchanges remained stuck. (Image for representative purpose only) NSE IPO: The Initial Public Offering (IPO) of National Stock Exchange of India (NSE), the country’s largest stock exchange by total turnover across the cash market and equity derivatives segments,…

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Judge Amogh Kaloti: The man who holds key to Tata dispute

Judge Amogh Shyamkant Kaloti has also worked as Joint Secretary, Secretary and SLA in Law and Judiciary Department, Government of Maharashtra MUMBAI: Till recently, Amogh Kaloti, who works under the law and judiciary department headed by chief minister Devendra Fadnavis, was barely known outside Maharashtra’s legal circles. A low-profile district judge who was appointed Maharashtra’s…

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UPI fee: Government, payment gateways discuss ways to stop merchants passing burden to consumers

The Centre asserted that it does not expect a decline in UPI transactions or increased use of cash NEW DELHI: Govt is in talks with payment aggregators and platforms, which onboard merchants, to ensure that the merchant discount rate (MDR) on transactions is not passed onto consumers, finance ministry officials told reporters Thursday.The Centre asserted…

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Tata Group: Tata Sons Board approves re-appointment of N Chandrasekaran as chairman of Tata Group for another 5-year term

File photo: N Chandrasekaran The Tata Sons board has approved a fresh five-year term for N Chandrasekaran as executive chairman of the Tata Group, reversing his decision last month not to seek reappointment, according to sources cited by Reuters and news agency ANI.The reappointment was approved at a Tata Sons board meeting held in Mumbai…

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