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Escorts Kubota Ltd., incorporated in the year 1944, is a Mid Cap company (having a market cap of Rs 26591.31 Crore) operating in Auto sector.

While ICICI Bank and HDFC Bank are among the top two consensus picks of both brokerages as well as mutual funds, PSU banks have been outshining amid solid growth in their corporate loan books. Global brokerage BofA Securities says PSU banks have been narrowing the gap with private lenders on many metrics. It sees Bank of Baroda leading the way due to a diversified/safer book and a more advanced digital strategy.

Private equity firm TPG Capital will sell shares of Nykaa at floor price of Rs Rs 184.55 apiece worth Rs 1,000 crore through a block deal, according to reports. Citigroup is the banker to the deal.

Several Fed policymakers have signaled rates would go higher than their projections from September and they would have to see a consistent and meaningful decline in price rises to consider pausing the tightening with core CPI running more than three times their 2% target.

Data showed the number of Americans filing new claims for unemployment benefits fell last week, suggesting the labor market remained tight. A report on Wednesday detailed strong retail sales growth last month, indicating the economy has weathered rate hikes.

Data showed the number of Americans filing new claims for unemployment benefits fell last week, suggesting the labor market remained tight. A report on Wednesday detailed strong retail sales growth last month, indicating the economy has weathered rate hikes.

Lenovo India managing director Shailendra Katyal told ET in an interaction that the company continues to grow in India in the first half of the fiscal despite the softening in demand, inflation and a large base of last year. In the first quarter, it grew by 36% and 14% in the second quarter of this fiscal over previous year.

InCred Asset Management announced raising of Rs 300 crore from large family offices and high networth individuals for its maiden credit fund - InCred Credit Opportunities Fund I (ICOF-I) -- while the intended base fund size was Rs 500 crore.

Avenue Capital-backed Asset Reconstruction Company of India (Arcil) in partnership with Welspun, has been acquiring Sintex BAPL loans from lenders since the beginning of this fiscal year. Separately, Welspun Corp subsidiary Mahatva Plastic Products & Building Materials has purchased bonds of Sintex BAPL from the secondary market.

It however reaffirmed its commitment towards its investors and the India healthcare sector, and said that it will make appropriate announcement to Malaysia’s stock exchange in a timely manner, it further said.