Business News Live: Check out all the latest updates on BusinessToday.inDomestic equity benchmarks Sensex and Nifty slipped on Friday, snapping a three-session winning streak. Investors now await the Union Budget 2026, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, 2026.
On January 29, a mix of conglomerates will report their Q3 earnings. NTPC, SAIL, and Bank of Baroda are scheduled would announce results today. The auto sector remains in focus with Bajaj Auto earnings, while Ambuja Cements will also report results. Other key announcements include Jindal Steel & Power and Gland Pharma.
Shares of Vodafone Idea Ltd climbed 10% in Friday’s trade ahead of the Union Budget scheduled for February 1. The rally came despite the absence of any fresh corporate announcement or regulatory filing from the company. Investors appear to be factoring in potential policy support for the telecom sector from the upcoming budget, which has lifted sentiment across select telecom stocks. Read full story here
EaseMyTrip has entered into a partnership with AI-driven platform ProXpense to streamline corporate travel and automated expense management. The collaboration aims to integrate EaseMyTrip’s extensive inventory of flights and hotels directly with ProXpense’s AI-powered workflows
Shares of South Indian Bank Ltd plunged nearly 19 per cent on Friday to touch a low of Rs 36.01. The sharp decline came after the bank disclosed that its Managing Director and CEO, P R Seshadri, has decided not to seek a second term once his current tenure ends, spooking investors and triggering concerns over leadership transition.