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Samvardhana Motherson to acquire 81% stake in Yutaka Giken & 11% in Shinnichi Kogyo for $184 Million

GST cuts: Samhi makes 45% rev from rooms below ₹7500

According to Samhi, they expect to see a 10-15% bump in our revenues if GST is cut to 5% (≤ ₹.7,500/night)

Shares of Dr. Agarwal’s Health Care Ltd., which fell 7% on Thursday, are expected to remain in focus in Friday’s (August 29) trading session.

Global brokerage firm Morgan Stanley has an ‘Overweight’ rating on the stock with a price target of ₹494, implying a potential upside of about 12% from Thursday’s closing level.

Fook Hien Yap, Senior Investment Strategist, Standard Chartered Bank on CNBC-TV18

Sources On IndiGo

The Nifty 50 index heads into the September series after two consecutive ones with losses. August also ended on a negative note for the index as it gave up key support levels enroute to further downside after the 50% tariffs threatened by the US administration took effect on Wednesday.

 #StocksToWatch | Here are a few stocks that are in focus going into trade today

????IndiGo: Likely DGCA Nod To Co’s Request For Extension Of Wet Lease Agmt For 2 Boeing Planes With Turkish Airlines

????Allcargo Logistics: LCL Vol Up 10% MoM, FCL Vols Rise 9% MoM

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— CNBC-TV18 (@CNBCTV18Live) August 29, 2025

China’s stock market is heading for a record turnover this month, underscoring the intensity of a bull run that’s bringing in more investors by the day.

The average turnover volume so far this month is 2.2 trillion yuan ($309 billion), beating the previous high of 2 trillion yuan set in October after the government’s stimulus blitz, according to Bloomberg-compiled data.

The Group of Ministers (GoM) on compensation cess remains divided over the mechanism for replacing the levy, according to sources. The panel is likely to propose two alternatives for consideration.

Billionbrains Garage Ventures, the parent of stockbroking platform Groww, has received Sebi’s approval on Thursday (August 28) to launch its IPO, through which it aims to raise $700 million to $1 billion. The company’s proposed IPO is a combination of a fresh issue of equity shares and an offer for sale (OFS) component.

Stocks doubling in a month is no longer a surprise as it once used to be, although such an occurrence does continue to grab eyeballs. But a Chinese AI company has chose to warn traders after its own stock faced such a rally.

ICICI Bank, Infosys, Muthoot Finance, Hexaware and Lemon Tree Hotels are in focus today on the back of key corporate updates ranging from leadership changes and partnerships to equity infusion and new property launches.

Check The Full List Here 

Shares of DOMS Industries Ltd. and Navneet Education Ltd. will be in focus on Friday, August 29, on the back of this exclusive GST-related newsbreak from CNBC-TV18.

Federal Reserve Governor Christopher Waller again called for lower interest rates, saying he would support a quarter-percentage point reduction in September and anticipates additional cuts over the next three to six months.

Federal Reserve Governor Lisa Cook’s lawyers suggested that an unintentional “clerical error” may have been behind the mortgage dispute over which President Donald Trump wants her fired.

Gold is headed for a consecutive weekly gain that’s pushed it closer to a record high, as investors braced for an inflation reading that may prove key to US monetary easing this year.

TRADE SET UP

Oil edged lower to head for a monthly loss, as investors weighed concerns about a looming glut along with geopolitical tensions, including US-led efforts to end the war in Ukraine.

US benchmark indices on Wall Street ended the session higher on Thursday, buoyed by a stronger-than-expected GDP print and some moderation in the initial jobless claims from last week. However, the session was more about the recovery from opening lows, instead of outsized, trending gains.

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