Latest Corporate News
Indian Stock Markets Open on Historic Sunday for Union Budget 2026
Indian stock exchanges are holding a rare Sunday trading session from 9:15 AM to 3:30 PM IST to react live to Finance Minister Nirmala Sitharaman's Union Budget announcements, marking only the second such event since independence. Sensex and Nifty show volatility with gains in Adani Enterprises offsetting drags from M&M, amid broader market movements.
Investors anticipate economic policy directions setting the tone for the year.
Infosys Shares Surge 5% After Strong Q3 FY26 Results
Infosys stock jumped 5% following robust Q3 FY26 earnings, with ADRs also hitting 52-week highs before cooling. The rally reflects positive investor sentiment on the IT giant's performance amid market volatility.
Shares rose an additional 3% in related trading.
Vedanta Hits Record High After Hindustan Zinc OFS Approval
Vedanta shares touched a record high following regulatory approval for Hindustan Zinc's Offer For Sale (OFS). The development boosted investor confidence in the mining sector.
Related copper stocks like Hindustan Copper also saw sharp movements, jumping 30% earlier but later declining.
Netflix Secures $72 Billion All-Cash Deal for Warner Bros. Discovery's Streaming and Studios
Warner Bros. Discovery accepted Netflix's amended $72 billion all-cash offer for its studios, HBO, HBO Max, and DC assets at $27.75 per share, with shareholder vote by April 2026. The deal, financed by cash reserves and credit, awaits regulatory clearance including DOJ review.
JPMorgan and Allen & Co. stand to earn $90 million each as advisors.
Franchise M&A Heats Up: WellBiz Brands Acquired by Transom Capital
Transom Capital Group acquired WellBiz Brands, platform for Drybar, Elements Massage, and others, citing strong brands and scalable model. WellBiz plans 150 new franchise agreements in 2026 post-development momentum.
Private equity activity surges with 58% of executives optimistic on rising M&A volume.
Mr Gatti’s Pizza Acquired by OneRyan Global LLC
Texas-based Mr Gatti’s Pizza was bought by OneRyan Global, praising its dining-entertainment platform and franchise network. New owner Amanda S. Ryan highlighted operational experience across markets.
Deal underscores hot PE interest in franchising amid consumer trends.
First Savings Bank Merges into First Merchants Bank
As of February 1, 2026, First Savings Bank legally merged into First Merchants Bank, welcoming customers into the broader community. Day-to-day banking remains unchanged; full system integration later in 2026.
First Merchants, founded in 1893, eyes continued community support.
U.S. Markets Decline Amid Fed Leadership Concerns and Earnings
Dow Jones fell 0.85% led by financials, S&P 500 dropped 0.52% on sector rotation, Nasdaq down 0.66% on tech sensitivity to hawkish Fed nominee. NYSE Composite lagged at -1.11%, signaling broad risk-off mood.
Investors assess monetary policy shifts impacting banks and growth stocks.
Rail Stocks Boom â‚ą66,500 Crore in 5 Days After 17-Month Slump
Indian rail stocks roared back with a massive â‚ą66,500 crore gain in just five days, ending a prolonged downturn. Moving average crossovers confirm uptrends in stocks like Rail Vikas Nigam Limited.
Sector resurgence tied to positive market cues and budget anticipation.
Jewellery Stocks Rally: Titan Hits All-Time High, Senco Gold Up 14%
Titan Company reached an all-time high while Senco Gold surged 14%, sparking jewellery sector gains. Rally driven by market optimism and global cues ahead of budget.
Investors eye policy impacts on consumer and luxury goods.
U.S. Partial Government Shutdown Hits Key Departments
A partial U.S. government shutdown began after Congress missed funding deadline, affecting Defense, State, Health, and others amid ICE-related disputes. Senate passed bills for most agencies to September but Homeland Security got only two weeks.
Lawmakers expect quick House approval to resolve short-term.
Steel Stocks Surge on Safeguard Duty Announcement
JSW Steel, Tata Steel, and Jindal Steel shares rose up to 4% following safeguard duty announcement. Move protects domestic industry amid global pressures.
Gains align with broader metal sector volatility.