Adani Group stocks rally up to 3%

Separately, the group reached a settlement with the US Treasury Department over civil allegations linked to sanctions violations. Adani group stocks today: After the US Department of Justice withdrew all criminal allegations against billionaire Gautam Adani and his nephew Sagar Adani, shares of Adani group rallied on Tuesday. Stocks of several Adani Group firms, including…

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‘Bar on board meets applies only to SRTT’

‘Bar on board meets applies only to SRTT’ Reprieve For Tata Trusts: Maharashtra Charity Commissioner Clarifies Order Issued Last WeekThe Maharashtra charity commissioner on Monday clarified that its order freezing board meetings applies only to Sir Ratan Tata Trust and not to other Tata trusts, providing significant relief to the Noel Tata-headed philanthropic group.The clarification…

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Liberty Mutual hikes stake in Indian arm

AI representational image Boston headquartered Liberty Mutual Insurance has increased its stake in its Indian venture Liberty General Insurance to 74% as of May 18, after raising its shareholding from 49% to 55.4% in Sept 2025. The Indian insurance firm had started as a joint venture between Liberty and the Videocon Group.Videocon exited the joint…

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Cognizant ups 2026 share buyback target by $1bn

BENGALURU: Cognizant has said its board approved a $2 billion increase to its existing share repurchase programme and raised its 2026 share buyback target to $2 billion, up from the earlier target of $1 billion. The additional $1 billion in buybacks is expected to be completed during the Sept quarter of 2026.The announcement pushed Cognizant’s…

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Sensex edges up as foreign funds buy aggressively

MUMBAI: Foreign fund buying helped sensex settle marginally higher on Monday, despite crude oil prices continuing the recent uptrend and rupee hitting a new record low against the dollar. Some short covering during the closing hours of the day’s session also helped the up move on Dalal Street, market players said.With fresh tensions brewing between…

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Bharti Airtel overtakes HDFC Bank to become India’s second most valuable listed company, what investors need to know

Bharti Airtel has overtaken HDFC Bank to become India’s second most valuable listed company by market capitalisation, underlining the sharp re-rating in telecom stocks and changing investor preferences on Dalal Street, according to an ET report.Bharti Airtel shares rose more than 2 per cent to Rs 1,943 on the BSE, pushing the company’s market capitalisation…

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