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Indian equity markets recorded weekly losses as investor sentiment was hit by escalating Middle East tensions, rising crude oil prices, and a sharp decline in HDFC Bank.
Promoter entity Amav Enterprises Private Limited has sold over 20 lakh equity shares of Kaiser Corporation, reducing its stake from 14.63% to 10.83%.
Alkem Laboratories has received a three-year EU GMP compliance certificate from Malta for its Daman facility, alongside plans for a new ₹533 crore plant in Ujjain.
Citizen Infoline Limited's shareholders have approved the scheme of amalgamation with Citizen Solar Private Limited, a move set to significantly alter the company's shareholding structure.
Citizen Infoline Limited has received shareholder approval for its amalgamation with Citizen Solar Private Limited, a key step towards completing the corporate restructuring.
Supha Pharmachem Limited enters corporate insolvency after the NCLT admitted a petition over a Rs 7.47 crore default, suspending the board and appointing an IRP.
Global crude oil prices have surged over 12% as escalating military tensions between the US and Iran lead to the closure of the critical Strait of Hormuz.
Iran issues new threats against global recreational and tourist sites as the escalating conflict with the US and Israel enters its third week, impacting global energy markets.
Recent U.S. military action on Kharg Island highlights its critical role, handling over 90% of Iran's crude exports and exposing a major vulnerability in Tehran's economy.
Super Micro Computer's stock fell over 20% after its co-founder and two others were charged with illegally smuggling $2.5 billion in Nvidia-powered AI servers to China.
Broad Bay Capital Management has initiated a significant new position in Hub Group, acquiring 714,000 shares despite the company's recent stock decline and accounting challenges.
US stock indices like the Dow Jones and S&P 500 fell for a third consecutive week as the escalating Iran conflict pushed oil prices higher, fueling inflation concerns.
Thomas Cook India plans to demerge its resorts business into its subsidiary, Sterling Holiday Resorts, to streamline its capital structure and facilitate a future stock exchange listing.
The ongoing Iran conflict is disrupting the Strait of Hormuz, triggering a global supply shock that threatens to cause food shortages, ground flights, and push the world economy toward recession.
The United States is reinforcing its military presence in the Middle East by deploying approximately 2,500 Marines and several amphibious assault ships amid escalating tensions with Iran.
Ramky Infrastructure's subsidiary has signed a 95-year concession agreement with MIDC to develop a ₹3,000 crore high-tech pharmaceutical park in Raigad, Maharashtra.