The operator of online platform, TBO Tek's wholly owned step-down subsidiary will be acquiring US-based Classic Vacations LLC from The Najafi Companies, an investment firm, for up to $125 million, the company said in an exchange filing, sending shares sharply higher by over 12 percent in early trade on September 3.The acquisition will combine TBO’s technology platform with Classic Vacation’s n...

Shares of telecommunications company Indus Towers Ltd sank four percent in trade on Wednesday, September 3, after the firm's board gave its nod for a foray into the African markets, which will mark the first-ever overseas expansion of Indus Towers.The company has received approval to foray in African markets, beginning with Nigeria, Uganda, and Zambia as these markets offer attractive prospects fo...

The Nifty 50 failed to hold on to follow-up buying and sustain above the midline of the Bollinger Bands, shedding 176 points from the day's high and finishing 0.2 percent lower on September 2. While the trend showed slight improvement after the previous day's rally, rangebound trading is expected to continue in the upcoming sessions until the index climbs back above all key moving averages. The 24...

Equity benchmarks saw profit booking at higher levels and closed the session with moderate losses on September 2, but the market breadth was dominated by bulls. A total of 1,737 shares gained against 1,043 shares that saw correction on the NSE. The consolidation is expected to continue as long as the frontline indices trade below short-term moving averages. Below are some short-term trading ideas ...

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, acquisitions, and appointments, here’s a quick look at which stocks will be in focus in today's trade:Results TodayBorosil Renewables, Eros International Media, and Taylormade Renewables will release their quarterly earnings on September 03.Quarterly EarningsJSW Cement Q1 (Consolidat...