General Motors Co. is the latest U.S. company to disclose how tariffs are raising costs, with the automaker saying that the duties dented profits by more than $1 billion.
Kaytex Fabrics is set to make its debut on the stock market with an IPO scheduled for July 29. Shares are priced between Rs 171 and Rs 180 each, with the company aiming to raise around Rs 70 crore.
Investor confidence surged after President Trump signed trade deals with Japan and Southeast Asian nations, reducing earlier tariff threats. Global stocks hit records, bond yields rose, and auto shares rallied. Hopes now rise for further deals with Europe and China.
Tata Teleservices (Maharashtra) posted a net loss of 324.98 crore in Q1FY26, with a 12.3% drop in revenue. While expenses fell and margins improved, weak topline impacted overall performance. Shares closed 1.7% higher despite negative yearly returns.