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Brookfield Asset Management is gearing up for a significant Initial Public Offering for Altius Telecom Infrastructure Trust. The company plans to file draft papers soon, aiming to raise up to $630 million. Altius, India's largest telecom tower operator, is also considering a pre-IPO round. This offering could be one of India's largest infrastructure investment trust listings in recent times.
Indian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty both falling over 0.7%. This decline was driven by soaring oil prices, a record low for the rupee, and other factors that negatively impacted investor sentiment.
Indian rupee hits low of 95.33 per dollar as surging crude oil prices and foreign outflows intensify economic pressures. Inflation risks, widening deficits and weak capital flows strain currency, with central bank interventions unable to halt depreciation amid energy disruptions.
Despite a sharp sell-off triggered by rising crude oil prices, Nifty's correction is viewed as healthy and normal by ICICI Direct's Dharmesh Shah. He advises investors to seek entry points, expecting the Nifty to consolidate between 23,500 and 24,500 before heading towards 24,800 in May. Shah identifies telecom, metals, and capital goods as sectors to buy on dips.
A tragic accident in Dhar, Madhya Pradesh, resulted in 16 fatalities when a pick-up van transporting labourers overturned and collided with an SUV. Emergency relief efforts are underway, and officials have pledged medical support for all survivors and compensation for victims' families.
World News Today Live Updates on April 30, 2026: Stay informed on global events with our in-depth world news coverage, bringing you the latest developments across politics, economy, and culture. Discover insights into international affairs, breaking news, and the trends shaping our interconnected world, all in one place.
Pakistan is “double-dealing” America, a US national security expert warned as Islamabad reportedly notified six routes for the transportation of goods to Iran.
Edelweiss Financial shares fell sharply after reporting a 17% YoY drop in Q4 net profit and weaker sequential performance. Despite pressure on earnings and revenue, the company showed steady growth in asset management and insurance segments. It also announced a dividend, while management flagged global uncertainties impacting the outlook.
United Arab Emirates has announced it will exit OPEC and OPEC+ effective May 1, delivering a fresh shock to an already strained global energy market. The move comes amid a Strait of Hormuz blockade and ongoing Iran conflict, heightening fears of severe oil supply disruptions from alliances that control nearly half of global output.
Iran could access its stockpile of near weapons-grade uranium if it decides to retrieve the material thought to be entombed at sites bombed by the US, according to the nuclear watchdog of the United Nations.
Tech giants, including Google-parent Alphabet, Amazon, Microsoft, and Meta, announced their quarterly earnings on Wednesday, with the Facebook and Instagram-parent appearing to fall behind in terms of AI boost.
Maharashtra Day, Buddha Purnima and Labour Day will be observed on 1 May. let's find out whether schools, colleges, banks, offices, stock market, hospitals and businesses will be closed on this day.
France urged its citizens to leave Mali “as soon as possible” as a separatist group vowed to expand its campaign to oust the nation’s military junta and Islamist militants renewed a threat to blockade the capital.
Billie Eilish emphasizes that understanding life's journey requires patience and reflection, akin to reading a book in sequence. Her experiences reflect a non-linear path.
Japan's Nikkei share average fell on Thursday as a surge in oil prices, driven by reports of possible U.S. military action to break the Iran stalemate, and mixed corporate earnings dampened investor appetite.
Australian shares ended at a four-week low on Thursday, extending losses to an eighth straight session as surging oil prices stoked inflation and growth worries, while top grocer Woolworths sank over 7% after warning rising costs would hit earnings.
Bajaj Finserv Q4 Results: The company's revenue from operations in Q4FY26 stood at Rs 38,494 crore, up 6% from Rs 36,433 crore in the corresponding quarter of the previous financial year.
Multiple SpiceJet flights from Mumbai’s Terminal 1 to Delhi, Bengaluru, and Ahmedabad faced long delays and sudden cancellations, leaving passengers stranded. Videos showed crowded gates and tense scenes as frustration mounted over poor communication and rebooking issues.
Despite a calm surface, Indian equity markets face mounting macroeconomic pressures from rising crude oil prices and a weakening rupee. Experts warn that current market behavior suggests complacency, with potential earnings cuts looming as underlying economic softness emerges. Analysts anticipate a downward revision of Nifty earnings estimates for FY27.
Adani Ports Q4 Results: The company reported a 10% increase in consolidated net profit to Rs 3,329 crore for the March-ended quarter, with revenue growing 26% year-on-year to Rs 10,737 crore. The company surpassed its FY26 guidance, handling over 500 MMT of port cargo and recommending a dividend of Rs 7.50 per equity share.
