Market News
Stay updated with the latest market trends, earnings, and economic indicators.
SEBI brings back stock market route for company share buybacks from August 2026
Companies will once again be able to buy back their shares directly from the stock market after SEBI approved the reintroduction of the open-market buyback mechanism. The revised framework will take effect from August 1, 2026, with buybacks allowed over a maximum period of 60 days.
US Agrees Not To Impose New Sanctions On Iran Under Draft MoU, Signing To Take Place Virtually: Report
Draft deal envisages no new US sanctions on Iran, release of frozen assets and reopening of key shipping route, reports say.
Bharti, Vodafone Idea tower additions will take Indus Towers shares higher by 32%, CLSA says
With the company's high free cash flow, its dividend payouts should continue and its yields also have an upside, according to CLSA, who went on to add that at 6 times its Enterprise Value to EBITDA, the valuations of Indus Towers are cheap.
Jane Street may take Singapore route to sort out India tax row
With the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initiating the 'Mutually Agreed Procedure' (MAP) --- the dispute resolution mechanism under the treaty between Indian and Singapore, two persons told ET.
India working on subsea gas pipeline project: Oman route plan to help mitigate risks brought to fore by Hormuz Strait block
India is fast-tracking a deep-sea gas pipeline from Oman. This project aims to ensure steady gas supplies and reduce reliance on volatile LNG markets. The estimated ₹40,000 crore pipeline will connect Oman to Gujarat. It is expected to take five to seven years to build. This move addresses India's energy security concerns and its vulnerability to maritime choke points.
Iran-linked LPG tanker signals Indian ownership through Hormuz
An LPG carrier, the Tara Gas, previously involved with Iranian cargoes, is transiting the Strait of Hormuz while declaring Indian crew and ownership. The vessel, fully laden, is navigating a Tehran-approved route, highlighting the complex measures ships take to exit the Persian Gulf amidst blockades.
Reliance Industries shares in focus as Mukesh Ambani eyes satellite foray to take on Starlink
Reliance Industries is evaluating a multi-billion-dollar entry into satellite communications, focusing on low Earth orbit networks under Jio Platforms. The initiative aims to strengthen India’s strategic capabilities amid rising global competition, with discussions underway on technology partnerships, orbital slots and potential acquisitions as the company explores long-term opportunities in future.
Kumar Mangalam Birla appointed Vodafone Idea's Non-Executive Chairman; Ravinder Takkar steps down
Vodafone Idea Limited announced significant leadership changes. Kumar Mangalam Birla will take over as Non-Executive Chairman on May 5, 2026. Ravinder Takkar will transition from Non-Executive Chairman to Non-Executive Vice Chairman on the same date. Both leaders continue in their directorial roles. This strategic move signals a new chapter for the telecom company.
Two supertankers including Pakistan-flagged ship take a u-turn at Hormuz as US-Iran talks collapse
Two empty supertankers turned back from the Strait of Hormuz at the last moment as US-Iran peace talks in Islamabad collapsed, highlighting ongoing risks in the key oil route. A third vessel was able to pass through, though the reasons for the differing outcomes remain unclear despite prior Iranian approvals.
EV cos take corporate route to amp up sales
Electric carmakers are aggressively targeting corporate buyers this month with substantial deals, including cash discounts and corporate perks up to ₹5.2 lakh. This push is driven by financial year-end tax planning, leveraging accelerated depreciation benefits of up to 40% on EVs. Automakers aim to boost sales and clear inventory while businesses seek to optimize taxable income before March 31.
Sunil Mittal shares succession plan, sets higher ARPU target of Rs 350 for Airtel
Sunil Bharti Mittal is preparing for the next generation of his family to take a larger role in Bharti Telecom. His children are gaining experience in independent ventures. Mittal anticipates their increased visibility at shareholder forums in the coming years. He also aims to increase Bharti Telecom's stake in Airtel.