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Pune (Maharashtra) [India], April 2: EKA Mobility, a leading electric vehicles and technology company, today announced a strong 5X year-on-year volume growth in FY 2025-26, with 1,143 units sold and 1,344 electric commercial vehicles produced. This milestone comes on the back of the company's comprehensive electric vehicle portfolio across segments. During the year, EKA entered the M&HCV truck segment, in addition to its existing bus and SCV portfolio. The company is a Champion OEM under the Aut ...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 (PTI): Equity benchmark indices Sensex and Nifty declined 2 per cent in early trade on Thursday amid rising geopolitical tensions following US President Donald Trump's warning of intensified military actions against Iran, driving crude oil prices higher. Unabated foreign fund outflows also added to the weakness in domestic equities. The 30-share BSE Sensex plummeted by 1,433.72 points, or 1.96 per cent, to 71,700.60. The 50-share NSE Nifty dived 445.70 points, or 1.97 per cent, to 22,23 ...Read More >
Indian stock markets plunged over 2% after U.S. President Trump's speech on the Middle East conflict disappointed investors. The lack of a ceasefire announcement sparked a surge in crude oil prices, erasing recent gains and increasing volatility. Indian equity benchmarks plunged during early trade on Thursday as investors reacted sharply to U.S. President Donald Trump's address regarding the escalating Middle East conflict. The BSE Sensex and NSE Nifty 50 both dropped over two per cent within m ...Read More >
New Delhi, April 2: Indian equity benchmarks plunged during early trade on Thursday as investors reacted sharply to U.S. President Donald Trump's address regarding the escalating Middle East conflict. The BSE Sensex and NSE Nifty 50 both dropped over two per cent within minutes of the opening bell, erasing gains from the previous session's relief rally. The BSE Sensex stood at 71,616.03 points, down 1518.29 points or 2.08 per cent at 9:16 am. Similarly, the NSE Nifty 50 stood at 22,216.90 points ...Read More >
New Delhi: Indian equity benchmarks plunged during early trade on Thursday as investors reacted sharply to U.S. President Donald Trump's address on the escalating Middle East conflict. The BSE Sensex and NSE Nifty 50 both dropped over two per cent within minutes of opening, wiping out gains from the previous session's relief rally. The BSE Sensex fell to 71,616.03 points, down 1,518.29 points or 2.08 per cent at 9:16 am. Similarly, the NSE Nifty 50 dropped to 22,216.90 points, down 462.50 point ...Read More >
Mumbai, April 2: Indian equity benchmarks experienced a significant sell-off on Thursday, April 2, with the BSE Sensex plunging over 1,400 points in intraday trade. The National Stock Exchange (NSE) Nifty50 also dropped below the crucial 22,250 level, wiping out the gains recorded in the previous session. The downturn was primarily triggered by escalating geopolitical tensions in West Asia and a sharp spike in global crude oil prices following a highly anticipated speech by U.S. President Donald ...Read More >
Mumbai, April 2 (SocialNews.XYZ) Indian stock markets opened sharply lower on Thursday, with key equity benchmarks declining more than 1 per cent amid fresh escalation in the West Asia conflict. Sensex opened at 72,262, down 872 points or 1.19 per cent, while the Nifty fell 1.31 per cent or around 300 points to open at 22,383.40. Both the indices fell further as trading progressed in early hours. All sectors opened in the red, with banking, realty, chemicals, auto, metal, and healthcare among ...Read More >
New Delhi [India], April 2 (ANI): Indian equity benchmarks plunged during early trade on Thursday as investors reacted sharply to U.S. President Donald Trump's address regarding the escalating Middle East conflict. The BSE Sensex and NSE Nifty 50 both dropped over two per cent within minutes of the opening bell, erasing gains from the previous session's relief rally. The BSE Sensex stood at 71,616.03 points, down 1518.29 points or 2.08 per cent at 9:16 am. Similarly, the NSE Nifty 50 stood at 2 ...Read More >
Synopsis: CleanMax has expanded its partnership with STT GDC India to over 130 MW, adding 21 MWp of solar capacity to power AI-ready data centers in Chennai Clean Max Enviro Energy Solutions Limited has announced a significant expansion of its renewable energy partnership with STT GDC India, adding 21 MWp of solar capacity to support AI-ready data centres. This latest agreement, executed through fresh Power Purchase Agreements (PPAs), pushes the total collaboration capacity beyond 130 MW. The ...Read More >
Bengaluru: Renewable energy firm CleanMax Enviro Energy Solutions Limited and STT GDC India have expanded their strategic partnership, scaling their renewable energy collaboration beyond 130 MW to support India's growing AI-driven digital infrastructure. As part of the latest agreement, the companies have added 21 MWp of solar capacity, strengthening CleanMax's existing wind-solar hybrid energy supply to STT GDC India's data centres in Chennai, Tamil Nadu. The expansion will enable reliable, ro ...Read More >
Mumbai: India's equity indices rebounded on Wednesday, tracking the overnight rise on Wall Street, as hopes of a resolution of the West Asia conflict sparked a decline in oil prices. Iranian President Masoud Pezeshkian signalled willingness to end its war with the US and Israel, while US President Donald Trump said hostilities would be over in a few weeks, sending Brent crude tumbling below $100 a barrel briefly and triggering an equity rally. Still, optimism remains fragile with investors wary ...Read More >
Venture capital investments in India rose to approximately USD 16 billion in 2025, marking continued growth despite global economic challenges. The increase in funding was broad-based, driven by deals below USD 50 million and larger transactions exceeding USD 250 million. Technology sectors like fintech and SaaS led the way. Despite a global slowdown, India's venture capital sector thrived in 2025, with investments reaching around USD 16 billion, a second consecutive year of growth, according t ...Read More >
PUNE, India, April 2, 2026 /PRNewswire/ -- EKA Mobility, a leading electric vehicles and technology company, today announced a strong 5X year-on-year volume growth in FY 2025-26, with 1,143 units sold and 1,344 electric commercial vehicles produced. This milestone comes on the back of the company's comprehensive electric vehicle portfolio across segments. During the year, EKA entered the M&HCV truck segment, in addition to its existing bus and SCV portfolio. The company is a Champion OEM under t ...Read More >
New Delhi [India], April 1 (ANI): The credit profile of Indian companies remained resilient in 2025-26 despite a challenging global environment marked by tariff-related disruptions and heightened geopolitical tensions, according to a report by ICRA. The report noted that timely policy interventions by the Government of India, aimed at supporting domestic consumption and sustaining infrastructure investment, helped anchor credit quality and mitigate external headwinds during the year. It stated ...Read More >
New Delhi, April 1 (SocialNews.XYZ) The National Highways Authority of India (NHAI) constructed 5,313 km of National Highways during the financial year 2025-26, which is about 15 per cent higher than the target of 4,640 km for the year, the government said on Wednesday. Working relentlessly towards the development of national highway infrastructure in the country, the capital expenditure by the NHAI in FY26 for the development of NH infrastructure was at Rs 2,44,362 crore. "The capital expendi ...Read More >
New Delhi, Apr 1 (PTI) Market investors added Rs 9.60 lakh crore to their wealth on Wednesday as hopes of war ending in the West Asia propelled a rally in stocks, driving the BSE Sensex 1,187 points higher. A sharp rally in global markets and drop in crude oil prices also lifted market sentiment after two days of decline. Beginning the new fiscal year on a buoyant 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 ...Read More >
Comptroller and Auditor General (CAG) report, tabled by chief minister Sukhvinder Singh Sukhu for the financial year 2024-25 pointed out that state's total debt and liabilities crossed the ₹1 lakh crore mark for the first time. Emphasising on the urgent need for stronger monitoring systems, timely compliance, and reforms to ensure financial discipline and effective governance in the state, the report reveals that the overall liabilities of the state stood at ₹1,04,410 crore as on March 31, 2 ...Read More >
Mumbai - NowPurchase an AI enabled B2B platform that helps metal manufacturers optimize production and procure raw materials, today announced the successful raise of 80 crores led by Bajaj Finserv, one of India's largest and most diversified financial services groups, with participation from existing investors InfoEdge Ventures & Orios Venture Partners. The round also saw participation from prominent individual investors & family offices including Shikhar Raj, Real Ispat Group, Madhur Gupta (Pro ...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 >
NowPurchase has raised nearly $8.5 million (Rs 80 crore) led by Bajaj Finserv, while Bachatt has raised $12 million in its Series A round of funding led by Accel. Bajaj Finserv leads $8.5m funding in NowPurchase NowPurchase, an AI-enabled B2B platform that helps metal manufacturers optimise production and procure raw materials, on Wednesday announced that it has raised nearly $8.5 million (Rs 80 crores) led by Bajaj Finserv. The funding also saw participation from existing investors InfoEdge ...Read More >
Bangalore (Karnataka) [India], April 1: The Freudenberg Group proves resilient amid economic and geopolitical challenges during fiscal year 2025. Strengthened by its investments, Freudenberg remains financially robust, strongly positioned for investment, and strategically capable despite the challenging conditions. During fiscal year 2025, Freudenberg achieved sales of EUR11,731.9 million. The figure was slightly below the previous year's level of EUR11,947.5 million, showing a 1.8 per cent decl ...Read More >
New Delhi [India], April 1 (ANI): India's primary market witnessed record-breaking activity in FY 2025-26, with IPO mobilisation touching an all-time high of Rs 1.79 lakh crore, according to data released by primedatabase.com. A total of 112 companies raised Rs 1,78,963 crore through mainboard IPOs during the fiscal year, marking a 10 per cent increase over the previous year's Rs 1,62,387 crore raised via 78 IPOs. Despite a subdued final quarter, where only Rs 18,772 crore was raised, this is ...Read More >
Realty major Signature Global on Monday said it has completed its partnership with Bengaluru-based RMZ Group, securing a ₹1,293 crore investment for a 50 per cent stake in its subsidiary Gurugram Connectivity Limited (GCL). The transaction was completed on Monday, after the companies signed a Securities Subscription and Purchase Agreement (SSPA) last month. "Pursuant to this, RMZ has acquired a 50 per cent equity stake in GCL through a combination of share purchase and share subscription, for ...Read More >
Mumbai, Apr 1 (PTI) Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday, tracking a sharp rally in global markets on hopes of a potential de-escalation in the ongoing West Asia conflict. The 30-share BSE Sensex jumped 1,899.53 points to 73,847.08 in early trade. The 50-share NSE Nifty surged 572.55 points to 22,903.95. All the 30-Sensex firms were trading higher, with Trent, Bharat Electronics, Adani Ports, Bajaj Finance, InterGlobe Aviation and Larsen & Toubro emergin ...Read More >
Mumbai: India's equity indices ended FY26 with losses, their worst fiscal performance since the pandemic-hit FY20. The outlook for the FY27 hinges on the ebbing of the West Asia conflict, particularly through its impact on crude oil prices and the rupee, according to analysts. "A ceasefire in the near term could trigger a recovery, with Indian equities potentially revisiting previous highs," said Amit Khurana, head of institutional equities at Dolat Capital Market. "However, if the situation pe ...Read More >
Mumbai, March 31 (SocialNews.XYZ) Shares of Nazara Technologies have fallen over 17 per cent so far in 2026, even as the company announced plans to raise Rs 500 crore to support acquisitions and future growth. The weakness in the share price comes despite the company actively pursuing expansion plans and strategic investments. On Tuesday, the stock slipped further by Rs 7.80 or 3.25 per cent to close at Rs 232.35. The recent trend shows continued volatility, with the stock falling nearly 6.7 p ...Read More >
Mumbai: The National Stock Exchange (NSE) issued a circular on March 31 announcing changes in Securities Transaction Tax (STT), effective from April 1, 2026. The revision follows updates under the Finance Act, 2026 and mainly impacts derivatives trading. What Has Changed? The biggest impact will be on Futures & Options (F&O) traders. STT on option selling has been increased from 0.10 percent to 0.15 percent. For exercised options, the tax has also gone up from 0.125 percent to 0.15 percent. I ...Read More >
New Delhi, Mar 31 (PTI) Mining billionaire Anil Agarwal's Vedanta Ltd has told the Supreme Court that its tweaked bid for the bankrupt Jaiprakash Associates Ltd was rejected despite being better than Adani Group's offer. In its petition challenging the lenders' decision to accept Adani's takeover offer, Vedanta contended that its addendum bid is about Rs 3,400 crore higher in gross value terms and roughly Rs 500 crore more in net present value compared to the Adani Group's offer. In the bid ch ...Read More >
New Delhi, March 31 (SocialNews.XYZ) With the FY26 fiscal set to end on Tuesday, investors are gearing up for several reforms, including revised Securities Transaction Tax (STT) rules that will come into effect from April 1. Many brokers, traders and demat account holders are concerned about the sharp increase in STT on futures and options (F&O) trades, following revisions announced by Finance Minister Nirmala Sitharaman in the Union Budget FY26-27. She had also proposed a significant increase ...Read More >
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