Larsen and Toubro (L&T) on Wednesday announced that its Energy CarbonLite Solutions vertical has secured Limited Notice to Proceed (LNTP) from NTPC Ltd for setting up thermal power plants in Madhya Pradesh and Bihar. The orders, it added, pertain to main plant packages of 2×800 MW Stage-II thermal power plant at Gadarwara in Madhya Pradesh
The India Volatility Index (VIX) spiked by over 7% on Monday, reaching an intra-day high of 16.58, indicating heightened market uncertainty as investors take stock of various economic and geopolitical risks. This surge aligns with global volatility trends and reflects growing concerns in the Indian equities market. In the domestic market too, the investors are
Shares of Honasa Consumer, the parent company of Mamaearth, fell as much as 20% during Monday’s trading session, dropping below their IPO price of Rs 324. This significant decline followed the company’s announcement of its first quarterly loss in five quarters. Net Loss and Revenue Decline The company reported a consolidated net loss of Rs
Zinka Logistics IPO closes on November 18. The IPO opened on November 13 and aims to raise Rs 1,1142.72 crore. The issue is a combination of fresh shares and an offer for sale. The company’s IPO price band ranges between Rs 259 to Rs 273 per equity share and has seen steady retail participation. Zinka
Insurance Regulatory and Development Authority (IRDAI) Chairman Debasish Panda recently spoke of how India needs more global players to grow the insurance sector. Panda believes it is time to allow them to set up shop on their own without a local partner. A 100% foreign direct investment (FDI) policy, he says could bring in more
Indian markets have recently experienced significant fluctuations. Factors such as global developments, inflation worries, and varying interest rates have introduced volatility into the stock market. This has created a sense of uncertainty among numerous investors regarding the potential need to adjust their SIP (Systematic Investment Plan) contributions and whether it is an opportune time to
The Maharashtra Election on November 20 is the big cue for the markets this week. After a rather subdued week with the Nifty hovering around the 23500 support levels, the question is can the markets hold ground or is there room for more downside. Most experts believe that the results of the Maharashtra Elections along
Shares of Hero MotoCorp, India’s leading two-wheeler manufacturer, jumps over 5% to open at Rs 4,835 on NSE after the company reported a 14% growth in its standalone net profit for the second quarter, reaching Rs 1,204 crore. Revenue from operations during the reporting period increased by 11% year-on-year (YoY), reaching Rs 10,463 crore. The
US President Donald Trump’s tariffs on its key trade partners like Canada, China, Mexico, India and others have brought in a sense of uncertainty across trade corridors globally. Especially, in the metal sector, this uncertainty has been weighing on investor sentiment. However, four stocks have delivered positive returns in 2025 despite all the negative newsflow
The Indian equity markets have been on a downtrend since they entered 2025. The brokerage house Kotak Institutional Equities has given a ‘Sell’ call on three stocks at this hour. Kotak Institutional Equities on IndusInd Bank: Cuts target price by 40% India’s fifth biggest lender is in deep soup. The negative news is blowing apart
With Bharti Airtel and Reliance Jio forming strategic partnerships with Starlink, the Telecom Regulatory Authority of India (Trai) is now expected to expedite its recommendations on satellite spectrum pricing. Sources said that the regulator will likely recommend that satellite companies initially focus on providing services in mobile dark areas — regions where terrestrial networks are
PSU (Public Sector Undertaking) stocks are shares of government-owned companies operating in key sectors like banking, oil & gas, power, infrastructure, and defense, contributing significantly to economic development. A high dividend yield indicates a stock offering substantial dividend payouts relative to its price. PSU stocks are known for their stability, strong government backing, and attractive
JSW Energy on Thursday said that it has signed a power purchase agreement with West Bengal State Electricity Distribution Company (WBSEDCL) for a greenfield 1,600 MW super/ultra super critical thermal power plant. Additionally, for Utkal thermal power plant (700 MW), the company has received commercial operation date (CoD) certificate for Unit 2. ALSO READPower ministry
