Market News
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Raj Television Network Ltd leads losers in 'B' group
Amir Chand Jagdish Kumar (Exports) Ltd, Hariom Pipe Industries Ltd, Asian Star Company Ltd and Chemplast Sanmar Ltd are among the other losers in the BSE's 'B' group today, 06 April 2026.
Iran war hits India's star investors: Ashish Kacholia, Mukul Agrawal, others see 90% of their stocks lose in 2026
Geopolitical tensions stemming from the Iran conflict triggered a broad market sell-off in the March quarter, significantly impacting India's star investors. Portfolios of Ashish Kacholia, Mukul Agrawal, and others saw a vast majority of their stocks decline, with many experiencing losses exceeding 90% of their holdings. This downturn highlighted the vulnerability of mid- and small-cap stocks during global uncertainty.
Live Nation CEO Michael Rapino, defending his company, takes star role at antitrust trial
Live Nation CEO Michael Rapino, defending his company, takes star role at antitrust trial
Strides Pharma to acquire Sandoz branded generics portfolio to expand Africa business
Strides Pharma Science is preparing to enhance its presence in Sub-Saharan Africa by acquiring branded generic products from Sandoz AG, with an initial investment of USD 12 million. This strategic move is expected to catapult Strides into the ranks of the top five pharmaceutical firms in the region.
Strides Pharma to acquire, in-license Sandoz generic brands in Africa for $12 million upfront
The upfront consideration for the transaction is $12 million, payable at closing. In addition, Strides will make royalty payments to Sandoz based on a percentage of net sales of distribution products. Shares of Strides Pharma Science Ltd ended at ₹876.55, down by ₹14.40, or 1.62%, on the BSE today, March 17.
GSP Crop Science IPO opens today; should you apply? Here's what brokerages say
Ahead of the issue opening, agrochemical company GSP Crop Science raised ₹120 crore from two anchor investors. Mauritius-based Craft Emerging Market Fund PCC was the largest investor in the anchor book, purchasing nearly 25 lakh shares through two investment vehicles - Citadel Market Fund and Elite Capital Fund - for ₹80 crore. Shine Star Build Cap was the other anchor investor, acquiring 12.5 lakh shares worth ₹40 crore.
Too many extras: Bollywood actors’ entourages now eat up 10–12% of film budgets, sometimes even more than director’s fee
Film producers are grappling with soaring costs for star entourages. These expenses now represent 10-12% of production budgets for big films, a significant jump from previous years. Actors' demands for personal staff, coaches, and companions are increasing. This trend, exacerbated by changes in streaming platform funding, is straining film finances and impacting profitability.
Ambuja Neotia Group to develop over Rs 700 cr integrated healthcare and hospitality project in Guwahati
Ambuja Neotia Group will build a large integrated healthcare and hospitality project in Guwahati. The Rs 700 crore investment will include a 300-bed multi-speciality hospital and a 4+ star hotel. This initiative aims to boost the region's healthcare infrastructure and economy. The project is expected to create thousands of jobs. It marks the group's second healthcare venture in Assam.
Jefferies adds Groww, State Bank of India, 5 others to 23 buy ideas. Here’s the full list
Jefferies has updated its analyst top ideas, adding seven new stock recommendations across various sectors. These picks include State Bank of India, Groww, Star Health & Allied Insurance, Bharat Forge, JSW Steel, Eternal, and Max Healthcare, with significant upside potential highlighted for each.
Stocks to Buy: Here are seven new additions to the Jefferies 'bottom-up ideas' list
State Bank of India Ltd., Star Health Insurance Ltd., Groww, Bharat Forge Ltd., JSW Steel Ltd., Eternal Ltd. and Max Healthcare Ltd. are the seven new inclusions to Jefferies' Bottom-up top ideas list, which includes 23 stocks with "buy" recommendations and eight underperform calls. Here is a look at the seven new additions:
Star Air announces connecting Kohlapur and Belagavi to its network
Star Air is boosting air travel to Kolhapur and Belagavi. The airline is increasing its weekly flights and adding new routes. This expansion aims to connect these cities better with Mumbai, Ahmedabad, Bengaluru, Kishangarh, and Indore. Star Air is committed to making air travel accessible and affordable for more regions across India.
Blue Star, Voltas, and LG Electronics best placed for summer demand surge: Equirus Securities
Equirus Securities expects room air conditioner volumes to grow around 20% this calendar year. Manoj Gori, Associate Director – Equity Research said AC prices are already up about 7–8% due to currency depreciation and raw material costs.