Business

Kimberly-Clark is set to acquire Tylenol maker Kenvue in a cash-and-stock transaction valued at approximately $48.7 billion, creating one of the world’s largest consumer health goods companies, AP reported.Under the terms of the agreement, Kenvue shareholders will receive $3.50 per share in cash and 0.14625 Kimberly-Clark shares for each Kenvue share held at closing. Based…

Vodafone Idea shares surged nearly 10% on Monday to hit the upper circuit at Rs 9.60 on the BSE, after the Supreme Court provided crucial clarity on the long-pending issue of Adjusted Gross Revenue (AGR) dues. The development eased investor concerns over the telecom firm’s massive liabilities and lifted sentiment around the stock.The apex court…

Riding on the festive shopping wave, Unified Payments Interface (UPI) transactions soared to an all-time high of Rs 27.28 lakh crore in October, clocking 20.7 billion transactions, according to data from the National Payments Corporation of India (NPCI), reported PTI.This marks a 9.5% month-on-month rise in transaction value from Rs 24.9 lakh crore in September…

Investors looking to build long-term wealth through Systematic Investment Plans (SIPs) in mid-cap mutual funds should ideally stay invested for a decade, financial experts said, as the probability of earning double-digit returns is the highest over a 10-year horizon.A WhiteOak Capital study, reported ET, found that investors who stayed invested in mid-cap funds through SIPs…

India’s manufacturing sector continued to strengthen in October, building on solid momentum from September. The movement was lifted by improving domestic demand, GST relief measures and increased technology investments that boosted factory activity.According to the latest data released by S&P Global, the HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 59.2 in October, up…

Top stocks to buy (AI image) Stock market recommendations:According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are Ashoka Buildcon, and Sobha. Here’s his view on Nifty, Bank Nifty for the week starting November 3, 2025:Nifty View:Nifty spent the week consolidating after an exceptional October…

Gold futures opened the week on a stronger note, helped by safe-haven buying as investors reacted to fresh geopolitical tensions. Reports suggesting that US President Donald Trump may move to restrict exports of advanced artificial intelligence hardware to China lifted sentiment in the bullion market, prompting traders to hedge against potential volatility. On the Multi…

Markets will focus on the final HSBC Manufacturing and Services PMI readings, which will indicate domestic economic performance. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Monday on weak global cues. While Nifty50 was below 25,700, BSE Sensex was down over 200 points. At 9:17…

Prime Minister Narendra Modi inaugurated the Emerging Science & Technology Innovation Conclave (ESTIC) 2025 at Bharat Mandapam in New Delhi on Monday.Addressing the gathering, the Prime Minister said, “Today is also a big day in the world of science and technology. In the twenty-first century, there was a great need for experts from around the…

US President Donald Trump has warned that the American economy could face severe damage if the Supreme Court overturns his tariff policy. In an interview at CBS’s “60 Minutes,” Trump was asked what will happen if US Supreme Court invalidates tariffs.”“I think our country will be immeasurably hurt. I think our economy will go to…