CTA, Metra and Pace riders can now purchase day passes that cover unlimited rides on all three transit systems, the agencies announced Friday. The regional day pass costs between $10 and $16 on weekdays depending on the length of the Metra trip. Weekend day passes cost $9.50. The passes are priced to cost $2.50 more […]
Accenture's shares plummeted despite exceeding third-quarter revenue expectations, driven by AI-related service demand. The company faces challenges from reduced U.S. federal contracts. Consequently, Indian IT ADRs like Infosys also declined, while domestic IT stocks showed mixed performance, with gains in tier-2 companies and HCL Technologies, contrasting with losses in Infosys and LTIMindtree.
Sebi Chairman Tuhin Kanta Pandey announced that the NSE IPO faces no remaining obstacles, though he refrained from providing a specific timeline. He clarified that the ownership structure of clearing corporations is not hindering the IPO. Pandey also mentioned NSE is resolving legal matters, involving payments and case withdrawals, while Sebi is proceeding cautiously with the 'T+0' settlement period.
Vanguard, a major asset manager, invested in Vishal Mega Mart by purchasing over 5 crore shares. The deals, executed through two funds, totaled Rs 655 crore. This followed a sale of equity shares by Vishal Mega Mart promoter Samayat Services. Other buyers included SBI Mutual Fund, HDFC MF, and Kotak Mahindra MF.
Global investor TPG sold its 1,505 crore stake in Sai Life Sciences via block deals at 722 per share. Key buyers included Norges Bank and top Indian mutual funds. The stock rallied 5% post-deal, reflecting robust investor appetite.
