The appreciated 12 paise against the US dollar on Thursday, despite the broad strength of the American currency in the overseas market on suspected intervention by the Reserve Bank of…
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Vedanta scales Lanjigarh aluminium refinery to 5 MTPA, strengthens India’s position globally
Vedanta Aluminium has augmented the capacity of its Lanjigarh refinery in Odisha’s Kalahandi to 5 million tonnes per annum from 2 MTPA, the company said on Wednesday. The expansion would…
Govt introduces bill to streamline securities mkt regulation, new norms for SEBI board members
Finance Minister Nirmala Sitharaman on Thursday introduced in the Lok Sabha the Securities Markets Code, 2025 to unify India’s fragmented financial laws into a single, principle-based framework that streamlines regulation…
Platinum soars to 18-year high as investors hedge against currency fall
While gold and silver have been making headlines with soaring prices, platinum has quietly surged to an 18-year high as investors bet on precious metals to hedge against falling currencies.…
Indian steel exports to slow down on weakening global demand: Elara Capital
Indian steel exports are expected to see less growth in the coming months as overseas orders start to dry up. According to an Elara Capital report, exports jumped by 83…
Meesho shares fall after hitting record high, profit booking emerges amid market volatility
Shares of newly listed Indian e-commerce firm Meesho witnessed a volatile trading session on Thursday as it erased early gains after surging to a fresh high, denting some of the…
Sensex, Nifty extend mild gains, AMC stocks, IndiGo, Max Healthcare in focus
Equity benchmark indices traded with marginal gains during mid-session on Thursday after slipping in early trade. However, investor sentiment remained cautious amid anticipation of US consumer price inflation data, mixed…
Genesys launches HD maps for National Highways using CORS network
announced Thursday the launch of India’s first large-scale high-definition maps for Advanced Driver Assistance Systems (ADAS), covering over 1 lakh kilometres of national highways, expressways and strategic corridors. The -based…
KSH International IPO sees 83% subscription on Day 3 on QIBs push
The demand for the picked up after a sluggish start, fetching an overall subscription of 0.83 times or 83 per cent. The issue, which saw virtually no participation from qualified…
AMC stocks surge up to 7% as SEBI’s final mutual fund rules prove less stringent than feared
Shares of asset management companies rallied sharply on Thursday morning, with Canara Robeco leading gains at 7.09 per cent, followed by HDFC AMC rising 4.69 per cent and Nippon Life…