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306 stories · latest 07 Oct 2026 · clear filter
Dilip Buildcon is known mainly as a road contractor; a pipeline it owns and operates for 25 years brings a different kind of income, a transport tariff over time instead of a one-off construction payment, and needs the…
The update separates two sources of growth: new stores and sales at existing ones. With like-for-like growth of 4.1% in India against group revenue growth of 11.9%, most of the increase came from the larger store…
The issue price is about 26% below the last close, and at two for 25 the new shares add 8% to the share count once fully paid. Because the shares are partly paid, the company receives the money in instalments, not all…
Fresenius Medical Care runs 3,513 dialysis clinics treating about 290,000 patients, and under Giza it finished a programme that took about €1.2 billion out of its cost base. The change comes with five days' notice…
Chevron inherited the pipeline company with its Hess purchase; this deal trades an accounting loss now for lower operating costs in North Dakota and a balance sheet without $3.7 billion of consolidated debt, and the…
For Frasers the outlay is small, about $80 million, but it follows a pattern: the owner of Sports Direct takes holdings in brands it sells, which has in the past led to closer supply arrangements or, as with Hugo Boss…
At Tuesday's value, a 10.2-point stake is worth about 3.5 billion euros, sold gradually into the market rather than in one block, which puts steady supply into the shares for the length of the plan. The bank itself…
Tariffs are the main lever on a telecom operator's average revenue per user, and postpaid customers are the highest-paying part of the base, so a Rs 50 rise there adds revenue with little extra network cost. Postpaid…
Shareholders are being asked for new money and given a smaller payout at the same time, the reverse of what income investors hold a utility for. It shows how England's water upgrade is financed: the regulator allows…
Deliveries fell from 320,000 in 2023 to 279,449 in 2025 and the operating margin from 18% to 1.1%, so the plan resets the company around fewer, dearer cars. That reaches Volkswagen, its controlling shareholder, through…
New coal-fired capacity is being ordered again by public utilities, and the equipment and construction work goes to a short list of Indian suppliers of boilers and turbines, L&T and BHEL among them. For L&T the order…
Both updates describe the same market: record gold prices are lifting the value of each sale while fewer new buyers come in, and part of this year's festive demand falls in the December quarter. For listed jewellers…
For Gabriel India, known for shock absorbers and other ride-control parts, the venture adds a second product line, though as a minority holder it will not consolidate the seating revenue. For Forvia, India is named as…
This is one of the largest media mergers on record and removes an independent studio and streaming service from the US market. With about $80 billion of debt, Skydance's finances rest on the $6 billion of savings and…
Option Care gives infusion drugs at home and in clinics instead of hospitals, a channel insurers favour because it costs less. McKesson, which already distributes specialty drugs, gains a stake in the provider that…
These are the first hard numbers for the quarter from public-sector lenders and they match the acceleration private banks reported a day earlier. For bank earnings the open question is margins: loan growth of 17-19%…
TCS is the first large IT exporter to report, so its commentary on pricing, client budgets and deal conversions sets the reference for Infosys, HCLTech and Wipro, which follow. The report lists the points analysts are…
The sale is the condition on which Kone's takeover of TK Elevator depends, so a credible buyer for the European unit bears directly on whether and when that deal closes. A Japanese owner would add another sizeable…
The deal turns Informa into an almost pure trade-show company: the combined live-events division is put at just over £4.2 billion of revenue across about 1,000 event brands. Shareholders take on dilution from the…
The deal moves Uber Eats from single consumer orders into group and corporate orders, where the ticket is many times larger. Restaurant chains that sell catering gain a bigger ordering channel but also deal with one…
Neinor is returning capital instead of holding land: about €555 million, or €5.71 a share, over two years, and a planned €200-250 million dividend for 2028, funded partly by a €400 million asset-rotation plan of which…
Wienerberger is one of the earliest reporters among European building-materials groups, so its update is read as a marker for brick, roofing and pipe demand ahead of results from peers. Two things in it travel: new…
The increase answers activist investor Palliser Capital, which argued the first price undervalued the company and asked for at least €60 a share; the new terms are still well below that, so minority holders now choose…
Sabadell fought off a hostile bid from BBVA less than a year ago; a large, declared long-term shareholder capped below 10% gives its standalone plan a more stable register, as chairman Josep Oliu put it, without a…
These are the first hard readings on discretionary spending for the quarter, and they came in above forecasts even though part of the festive season moved into October-December: Citi had pencilled in 18% growth for…
All four beat the loan-growth estimates Business Today cites from Motilal Oswal, days before the results season and one day before the RBI's rate decision. Part of the jump is one-off: banks raised foreign-currency…
Epcoritamab, sold as EPKINLY in the US and Japan and TEPKINLY in the EU, is approved so far for lymphoma that has returned after earlier treatment. A first-line label would open a much larger group of patients, and…
It is another consolidation deal in North American heavy oil at a time when Brent is near $100. Cenovus is paying mostly in cash from its balance sheet and short-term borrowing, and says net debt at the end of 2026…
Two things stand out for bank earnings. Growth is being funded mostly by term and foreign-currency deposits, which cost more than savings balances, so the share of cheap deposits is falling and that weighs on the…
A memorandum is a statement of intent, not a funded order: no timeline or financing plan was given, and the sum is large against the company's present size, so how it is paid for is the open question for shareholders…
Jet fuel is roughly 40% of an Indian airline's operating cost, so a 13.2% rise in one month cannot be absorbed without either higher fares or lower margins. IndiGo is choosing fares; the test is whether demand holds as…
Ithaca has been a pure UK North Sea producer, a basin where output is declining and profits carry a windfall levy; this purchase gives it producing barrels under a different tax regime while Brent trades above $100…
The deal joins two of the largest US truck brokers at a time when freight rates are weak. C.H. Robinson is aiming for about $300 million of run-rate cost savings within two years of closing and says RXO's shipment data…
The price is about 21 times the units' 2025 EBITDA, a high multiple for a paints business, and AkzoNobel's shares rose 2.3% on the news; Nippon Paint closed 3.45% higher in Tokyo. For AkzoNobel it turns a small…
This confirms the weekend's reports at a higher figure than the roughly $20 billion first mentioned. Schneider's shares fell about 9% in Paris as investors weighed the cost: the company projects about €250 million of…
The deal folds one of the UK's large retail broadband brands into the owner of Openreach, the network most rivals rent. Listed competitors are exposed in different ways: Vodafone (through VodafoneThree) and Sky's owner…
The gap between the two prices is 7.7%, but Axis has said its funding is not committed and that it would not announce a firm offer until financing is certain. For PTSB shareholders the choice is between an approved…
Bajaj Finance is the largest listed consumer lender outside the banks, so its quarterly update is read as a gauge of retail credit demand ahead of the festival season and of an RBI decision on October 7 where…
At about $20 billion this would be a very large purchase for a company whose core business is electrical equipment and industrial automation, and it would move Schneider further into software, where revenue is…
HDFC Bank is the largest weight in the Nifty 50 and Nifty Bank, so its numbers set the tone for the banking earnings season. Deposits growing faster than loans matters for a lender that has spent the period since its…
Compressed biogas is made from crop residue, dung and food waste and is sold as a substitute for natural gas in vehicles and industry, so the announcement touches three groups of listed companies: Reliance itself…
Full ownership means Fresenius keeps all of mAbxience's profit instead of sharing 45% with minority holders, and controls its biosimilar pipeline and manufacturing capacity outright within its Kabi division. The price…
The data shows a split inside the sector. Passenger-vehicle makers posted growth in domestic sales. The tractor business, which depends on rural income, weakened in a deficient monsoon year. Two-wheeler domestic demand…
Accenture is the largest listed IT-services peer of Indian firms and serves many of the same US and European clients, so investors read its results as a signal of global outsourcing demand. TCS, Infosys, HCLTech and…
Fuel is the airlines' largest variable cost and most US carriers do not hedge it, so a move of this size goes straight to operating margins. Cutting flights protects fares on the remaining seats and reduces demand for…
Lennar is one of the two largest US homebuilders and reports a month ahead of most peers, so its orders and margins are an early reading for the group. The figures show the cost of keeping sales moving at these…
The deal puts an outside price on India's largest private airport operator and funds its expansion with new equity rather than more debt, easing capital demands on Adani Enterprises. The roughly $18-billion valuation…
The deal joins two mid-sized landlords of moderately priced apartments, with 58% of combined operating income from the Sunbelt, 27% from the Midwest and 15% from the Mountain West. For listed apartment owners it is…
Castings are one of the tightest points in the jet-engine supply chain, and GE's chief executive tied the purchase to simultaneous demand from new commercial engines, the aftermarket and defence. Bringing a major…
HDFC Bank is India's largest private lender and one of the heaviest index weights, so a leadership change during a period of slow growth and a roughly 26% share-price fall this year matters for benchmark indices…