Pi Network Coin Soars 13% to $1.68, but Still 44% Below Peak
Highlights: Pi Network Coin surged 13% to $1.68 on March 14, recovering from recent losses. Despite the gains, the coin remains 44% below its all-time high of $2.98. Bitcoin rebounded…
L&T Secures Rs 5,000 Crore Order for Saudi Arabia Desalination Project
Highlights: L&T’s Water & Effluent Treatment (WET) Business has secured a large contract worth up to Rs 5,000 crore in Saudi Arabia. The contract, in collaboration with Lantania of Spain,…
Motilal Oswal Reiterates Bullish Stance on Coal India, Sets ₹485 Target Price with 26% Upside
Domestic brokerage firm Motilal Oswal remains optimistic on Coal India, citing strong production growth, higher e-auction volumes, and strategic capex investments as key drivers for its bullish outlook. Coal India…
Bharat Forge Shares Decline 4% as US EPA Reverses Green Norms
Highlights: Bharat Forge shares tumbled 4% on March 13 amid growing concerns over potential demand disruptions in the Class 8 truck segment in the United States. The US Environmental Protection…
Brokerages Raise Concerns Over Zydus Life’s Costly Amplitude Surgical Acquisition
Analysts caution that the high acquisition price and weak synergies could lead to EPS dilution for Zydus Life. High-Cost Deal Raises Red Flags Zydus Lifesciences' decision to acquire an 85.6%…
MTNL Shares Surge 16% on Rs 2,135 Crore Asset Monetization
State-owned telecom companies BSNL and MTNL have monetized assets worth nearly Rs 13,000 crore since 2019, as per government data. MTNL Stock Rallies After Government Update on Asset Monetization Shares…
India’s Retail Inflation Drops to 7-Month Low of 3.61% in February
Food inflation eases below 4% for the first time in nearly two years, boosting prospects of further monetary policy easing by the Reserve Bank of India (RBI). Retail Inflation Falls…
Gensol Engineering Shares Plummet 55% in 13 Days Amid Financial Woes
Stock continues downward spiral, shedding over 75% from its recent peak as credit rating agencies flag debt servicing concerns. Gensol Engineering’s Stock Faces Relentless Sell-Off The shares of Gensol Engineering…
Starlink’s Entry Unlikely to Disrupt India’s Space Industry
Despite Starlink's potential to revolutionize internet accessibility in India, its impact on the broader space sector is expected to be minimal, according to IN-SPACe chairman Pawan Kumar Goenka. Starlink's Arrival…
Infosys, IT Stocks Extend Losses for Fifth Consecutive Session
Indian IT stocks remain under pressure as investor worries over US discretionary spending persist, pushing the Nifty IT index deeper into bear market territory. Nifty IT Index Declines for Fifth…
