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New Delhi, Apr 2 (PTI) Shares of Sai Parenteral's, a diversified pharmaceutical formulation company, on Thursday ended with a premium of nearly 4 per cent against the issue price of Rs 392. The stock made its market debut at Rs 405, up 3.32 per cent from the issue price on the BSE. During the day, it rose 6.17 per cent to hit an intra-day high of Rs 416.20. Later, it ended at Rs 406.40, up 3.67 per cent on the exchange. On the NSE, shares of Sai Parenteral started trading at Rs 400, up 2.04 pe ...Read More >
New Delhi: Steel Authority of India Ltd (SAIL) Chairman and Managing Director Amarendu Prakash has resigned from his post, effective April 2, following approval from the steel ministry, a regulatory filing said. In the interim, the company's Director (Personnel), Krishna Kumar Singh, has been given additional charge of Chairman and Managing Director for three months - from April 2 to July 1, 2026- or until a regular incumbent joins or until further orders, whichever is earlier, as per a steel m ...Read More >
(RTTNews) - Indian shares reversed steep early losses to end modestly higher on Thursday. Domestic markets staged a gap-down opening, with benchmark indexes Sensex and Nifty declining around 2 percent in early trade, as U.S. President Donald Trump's address to the nation on the war in the Middle East damped hopes for a swift resolution to the conflict. The dollar and bond yields surged, and oil prices jumped more than 7 percent after Trump said the U.S. military goals were "nearing completion, ...Read More >
New Delhi, Apr 2 (PTI) Steel Authority of India Ltd (SAIL) Chairman and Managing Director Amarendu Prakash has resigned from his post, effective April 2, following approval from the steel ministry, a regulatory filing said. In the interim, company's Director (Personnel) Krishna Kumar Singh has been given additional charge of Chairman and Managing Director for three months - from April 2 to July 1, 2026- or until a regular incumbent joins or until further orders, whichever is earlier, as per a s ...Read More >
New Delhi: Power Finance Corporation (PFC), the state-owned Maharatna power sector lender, announced a significant change to its Board of Directors following the resignation of Shri Bhaskar Bhattacharya from his position as an Independent Director. In a regulatory filing submitted to the BSE and NSE on April 2, 2026, the company revealed that Bhattacharya tendered his resignation via email on April 1, 2026. The move comes as a strategic step for the director, who is transitioning from corporate ...Read More >
New Delhi, April 2 (SocialNews.XYZ) The government's calibrated 8.5 per cent hike in aviation turbine fuel (ATF) prices for domestic airlines may offer short-term relief to oil marketing companies (OMCs), according to analysts. Analysts at global brokerage firm Nomura have estimated that state-owned fuel retailers continue to lose heavily on ATF sales amid a war-driven surge in global oil prices. At current prices, the brokerage has estimated that OMCs are losing around Rs 64 per litre on dome ...Read More >
New Delhi, Apr 2 (PTI) Shares of power solutions provider Powerica Ltd on Thursday made a tepid market debut, listing with a discount of over 7 per cent from the issue price of Rs 395. The stock was listed at Rs 366, slipping 7.34 per cent from the issue price on the NSE. On the BSE, it debuted at Rs 375, registering a decline of 5.06 per cent against the issue price. The company's market valuation stood at Rs 4,684.95 crore on the NSE. The listing comes amid a weaker broader trend, with ben ...Read More >
New Delhi, Apr 2 (PTI) Shares of Sai Parenteral's, a diversified pharmaceutical formulation company, on Thursday listed with a premium of over 3 per cent against the issue price of Rs 392. The stock made its market debut at Rs 405, up 3.32 per cent from the issue price on the BSE. On the NSE, the stock started trading at Rs 400, up 2.04 per cent. The company's market valuation stood at Rs 1,784.84 crore on the NSE. The listing comes amid a weaker broader trend, with benchmark indices trading ...Read More >
New Delhi, Apr 2 (PTI) Shares of basmati rice exporter Amir Chand Jagdish Kumar (Exports) on Thursday listed with a discount of 8 per cent against the issue price of Rs 212. The stock began trading at Rs 195, a decline of 8.02 per cent on the BSE. Later, it extended losses by plunging 10.59 per cent to Rs 189.55. On the NSE, it started trading at Rs 200, a drop of 5.66 per cent. The scrip of the company later plunged 12 per cent to trade at Rs 186.76 on the exchange. The company's market valu ...Read More >
New Delhi: Aviation stocks were in the limelight on Wednesday, with InterGlobe Aviation climbing 6 per cent, after only a partial increase in jet fuel prices. InterGlobe Aviation, the parent firm of IndiGo, after starting the trade on a positive note, further jumped 9.84 per cent to Rs 4,332 during the day on the BSE. The stock finally ended at Rs 4,180.90, up 6.01 per cent. The stock of SpiceJet ended at Rs 9.93, up 1.95 per cent. During the day, it surged 4.72 per cent to Rs 10.20. A rally ...Read More >
Mumbai: Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict. Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During the day, it surged 2,017.03 points or 2.80 per cent to 73,964.58. Snapping its two-day falling streak, the 50-share NSE Nifty climbed 348 points or 1.56 per cent to end at 2 ...Read More >
New Delhi, Apr 1 (PTI) Rediff.com India Ltd, a subsidiary of AvenuesAI Ltd, has filed preliminary papers with markets regulator Sebi through the confidential route to float an initial public offering (IPO). The company has opted for the confidential pre-filing route, which allows it to engage with the Securities and Exchange Board of India (Sebi) for initial feedback on its draft document without it being publicly disclosed. Companies increasingly prefer this route because it offers more flexi ...Read More >
Mumbai: Shares of capital market companies soared Wednesday after the banking regulator deferred by a quarter the implementation of new lender exposure norms that would have raised capital costs for brokers and reduced leverage for proprietary traders. "The Reserve Bank of India has since received representations from banks, capital market intermediaries, and various industry associations seeking an extension of the effective date, and also flagging certain operational and interpretational issu ...Read More >
Mumbai, April 1: Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict. Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During the day, it surged 2,017.03 points or 2.80 per cent to 73,964.58. Snapping its two-day falling streak, the 50-share NSE Nifty climbed 348 points or 1.56 per cent t ...Read More >
The NHAI said it has already mobilised ₹28,307 crore through a mix of Public and Private Infrastructure Investment Trust (InvIT) and the Toll-Operate-Transfer (TOT) model The National Highways Authority of India (NHAI) is on track to meet the Centre's budgeted target of ₹30,000 crore for asset monetisation in the current financial year, it said. It has already mobilised ₹28,307 crore through a mix of Public and Private Infrastructure Investment Trust (InvIT) and the Toll-Operate-Transfer ...Read More >
New Delhi, April 1, 2026: NTPC Limited (National Thermal Power Corporation), India's leading power producer, has officially updated its capacity figures, confirming that the total installed capacity of the NTPC group now stands at 89,108 MW, with a commercial capacity of 88,028 MW. This disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as communicated to the BSE Limited and the National Stock Exchange of India (NSE). The an ...Read More >
Mumbai (Maharashtra) [India], April 1: Cupid Limited (BSE: 530843 | NSE: CUPID), a premier manufacturer and brand of premium male and female condoms, water based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, face wash, petroleum jelly and other FMCG Products, announced its strongest quarterly performance in the Company's history, driven by robust growth across key business segments. Also Read | Alwar Shocker: Newlywed Woman Allegedly Poisons Mother-in-Law Month After Mar ...Read More >
PNN Mumbai (Maharashtra) [India], April 1: Cupid Limited (BSE: 530843 | NSE: CUPID), a premier manufacturer and brand of premium male and female condoms, water based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, face wash, petroleum jelly and other FMCG Products, announced its strongest quarterly performance in the Company's history, driven by robust growth across key business segments. Cupid Limited is set to comfortably surpass its FY26 annual guidance of ₹335 Cr in r ...Read More >
New Delhi, Apr 1 (PTI) Aviation stocks were in the limelight on Wednesday, with InterGlobe Aviation climbing 6 per cent, after only a partial increase in jet fuel prices. InterGlobe Aviation, the parent firm of IndiGo, after starting the trade on a positive note, further jumped 9.84 per cent to Rs 4,332 during the day on the BSE. The stock finally ended at Rs 4,180.90, up 6.01 per cent. The stock of SpiceJet ended at Rs 9.93, up 1.95 per cent. During the day, it surged 4.72 per cent to Rs 10.2 ...Read More >
SYNOPSIS: India's auto sector showed mixed performance in March 2026, with strong growth in SUVs and EVs, while export weakness and segmental variations highlighted evolving demand trends across manufacturers. March 2026 turned out to be a mixed yet eventful month for India's automobile sector, with performance varying across companies and segments. While several automakers reported strong year-on-year growth, particularly in SUVs and electric vehicles (EVs), others faced pressure from weaker e ...Read More >
New Delhi : Signature Global (India) Ltd. (BSE: 543990 | NSE: SIGNATURE), one of India's leading real estate development companies, today announced that it has successfully secured an investment of ₹1,293 crore from RMZ group. The investment secures RMZ a 50% equity stake in Gurugram Commercity Limited (GCL), which was a wholly owned subsidiary of Signature Global. Following the completion of the transaction, Signature Global and RMZ have formed a 50:50 joint venture to develop a large-scale mi ...Read More >
Mumbai: Shares of Ola Electric Mobility Ltd saw a sharp rise on Wednesday after the company released its March business update. The stock gained over 12 percent, reflecting strong investor interest. Around 1:22 PM on the BSE, the share was trading at Rs 25.69, up by Rs 2.89 or 12.68 percent. During the day, it touched a high of Rs 26.04 and a low of Rs 23.17. The stock had opened at Rs 23.99, compared to its previous close of Rs 22.80. The company's market capitalisation stood at around Rs 10.7 ...Read More >
New Delhi [India], April 1 (ANI): EaseMyTrip, one of India's leading online travel-tech platforms, has announced a strategic collaboration with the National Skill Development Corporation (NSDC) and Sanatan AI, along with the Bhagva platform, to launch a national-level entrepreneurship initiative aimed at formalising India's growing spiritual services economy. Conceptualised as a structured, Panchayat-level model, the initiative will be implemented under the framework "1 Panchayat - 1 Pandit - S ...Read More >
Hyderabad : Granules India Limited today announced that its wholly owned subsidiary, Granules Life Sciences Private Limited (GLS), has concluded a recent US FDA inspection of its manufacturing facility at Shamirpet, Telangana, with an inspection classification of Voluntary Action Indicated (VAI). The Establishment Inspection Report (EIR) was issued following a current Good Manufacturing Practice (cGMP) and pre approval inspection (PAI) of the oral solid dosage manufacturing operations conducted ...Read More >
New Delhi, Apr 1 (PTI) Aviation stocks were in high demand in morning trade on Wednesday, with InterGlobe Aviation climbing over 9 per cent, despite jet fuel price hike. InterGlobe Aviation, the parent firm of IndiGo, after starting the trade on a positive note further jumped 9.41 per cent to Rs 4,315 on the BSE. The stock of SpiceJet surged 4.72 per cent to Rs 10.20. Price of Aviation Turbine Fuel (ATF), or jet fuel, was more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, ...Read More >
Mumbai, April 1: Most bank branches across India are closed to the public today, Wednesday, April 1, as the banking sector begins its annual account-closing process. While the day marks the start of the new 2026-27 financial year, it is not a traditional "public holiday" for festivals. Instead, it is an administrative closure mandated by the Reserve Bank of India (RBI) to allow financial institutions to finalise their books for the previous fiscal year. While physical counters remain shuttered i ...Read More >
Since the West Asia conflict started on February 28, the BSE benchmark has crashed 9,339.64 points or 11.48 per cent. Tracking the sharp fall in equities, the market capitalisation of BSE-listed companies fell by Rs 51,09,498.82 crore to Rs 4,12,41,172.45 crore (USD 4.36 trillion) this month. "The current bearish trend is largely externally driven rather than fundamentally broken. Elevated crude oil prices, geopolitical risks in the Middle East, and sustained FII selling have created a risk-of ...Read More >
New Delhi, March 31: The outlook for Indian markets in the next fiscal year remains structurally optimistic once geopolitical tensions subside and crude oil prices stabilise, analysts said, even as domestic equities ended FY26 on a bearish note, with Sensex plunging 7 per cent. In 2025-26, the BSE benchmark plunged 5,467.37 points, or 7 per cent, and the NSE Nifty dropped 1,187.95 points, or 5 per cent. The year was dominated by global macro uncertainty, persistent geopolitical tensions, eleva ...Read More >
The Unchahar project has a BESS capacity of 50 MW/100 MWh, while the Solapur project will have 75 MW/150 MWh, the company said.Solarworld Energy Solutions Limited has secured two orders worth about ₹283 crore for Battery Energy Storage System (BESS) Engineering, Procurement and Construction (EPC) projects from NTPC Limited, the company said in a regulatory filing on Monday, March 30. The contracts relate to BESS implementation at two NTPC thermal power stations under "Lot-2" of the project. O ...Read More >
New Delhi, Mar 31: Dalal Street investors have lost a whopping Rs 51 lakh crore from their wealth since the West Asia conflict began late last month, with the BSE benchmark Sensex tumbling over 11 per cent during this time, as investors fled riskier assets due to the cascading effect of the war on crude oil prices and markets globally. Markets also faced the blow of foreign fund exodus from domestic equities. Sharp fall in Sensex and market capitalisation Since the West Asia conflict started o ...Read More >
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