Power Finance Corporation (PFC) Declares Interim Dividend of ₹3.50 Per Share
Power Finance Corporation Ltd. (PFC), India’s leading non-banking financial company (NBFC) in the power sector, has announced an interim dividend of ₹3.50 per share. The Board of Directors approved this…
Government Plans to Redevelop Idle Land of Closed Pharma PSUs for Healthcare & Education
In a strategic move to optimise underutilised public assets, the Indian government is charting out a redevelopment plan for the idle land holdings of closed pharmaceutical PSUs, including Indian Drugs…
Ola Electric Targets EBITDA Breakeven in Q1FY26, Shares Gain 2%
Cost-Cutting Initiative Delivers ₹90 Crore Monthly Savings Ola Electric Mobility Ltd announced on March 12, 2025, that it has successfully concluded its Network Transformation and Opex Reduction Program, a company-wide…
Tech Stocks Sink to Eight-Month Low as Morgan Stanley Flags Growth Risks
Nifty IT Declines 2% Amid Downgrades and Slowing US Client Spending Indian IT stocks faced a sharp selloff on March 13, 2025, as Morgan Stanley issued a cautious outlook, citing…
IndusInd Bank Shares Surge 14% After CEO and Promoter Reassure Investors on Financial Stability
Stock Rebounds Strongly as Management Clarifies on Derivatives Losses Shares of IndusInd Bank Ltd staged a sharp recovery on March 13, 2025, jumping nearly 14% from the day's low, as…
Equity Fund Inflows Decline 26% in February Amid Market Correction
Investors Take a Cautious Approach as Market Volatility Hits Equity Mutual Fund Inflows Equity mutual fund inflows in India witnessed a significant decline of 26% month-on-month, reaching ₹29,303.34 crore in…
Sensex Drops Nearly 800 Points from Day’s High, Nifty Falls Below 22,400 Amid Trade War Jitters
Market Witnesses Sharp Decline as Global Trade Concerns Escalate The Indian stock market witnessed a sharp reversal on Wednesday, with the benchmark Sensex tumbling nearly 800 points from its intraday…
Bharti Airtel Shares Surge on Starlink Partnership; JPMorgan Predicts 66% Upside
Strategic Tie-up with SpaceX’s Starlink to Enhance Satellite Connectivity in India Bharti Airtel’s stock gained 3% in early trading on March 12, 2025, following its announcement of a strategic partnership…
Zydus Lifesciences Approves €256.8 Million Acquisition of Amplitude Surgical
Strategic Move to Strengthen Global MedTech Footprint with 85.6% Stake Purchase The board of Zydus Lifesciences Limited has approved the acquisition of an 85.6% stake in France-based Amplitude Surgical for…
Raymond Shares Decline as Promoter Pledges 1% Equity Holding
Stock Drops Over 2% as Market Reacts to Pledge Creation by Promoter Entity Raymond Limited shares fell over 2% on Tuesday, March 11, after the company disclosed in an exchange…
