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Tata Motors' expansion to go on, Iveco acquisition to help it rank among top 4 global CV makers: N Chandrasekaran
Tata Motors is gearing up for an ambitious global journey, aiming to redefine its role in emerging commercial vehicle markets, chairman Chandrasekaran said. With the strategic acquisition of Iveco, the company is setting its sights on breaking into the elite tier of the world’s four largest commercial vehicle manufacturers, he added.
JP Morgan gives 'overweight' tag to this Tata Group stock. Do you own?
JP Morgan has maintained its ‘overweight’ rating on the jewellery stock, with a target price of ₹5,400 per share. Here's what the global firm has said on the stock outlook.
RBI Monetary Policy: MPC Keeps Repo Rate Unchanged At 5.25%; Maintains Neutral Stance — All Details Here
10 economists polled by NDTV Profit had anticipated no change in the benchmark rate, pointing to a broad consensus that the Monetary Policy Committee will extend its pause while assessing evolving global and domestic conditions.
INR regains momentum with all eyes on RBI monetary policy
The Indian rupee is regaining some momentum in opening trades on Friday as the global crude oil prices eased and market participants keenly awaited the RBI's MPC decision today. Heightened geopolitical tensions between the US and Iran drove energy volatility and aggressive safe-haven buying capped sharp gains in the local unit. INR opened at Rs 95.72 per dollar and hit a high of 95.63 so far during the day. Yesterday, rupee depreciated 7 paise to close at 95.83 against the US dollar. Local markets opened in the green with investors closely watching the Reserve Bank of India (RBI) monetary policy announcement scheduled for today. The Indian benchmark indices are trading higher today, with the NIFTY 50 hovering around 23,442.30 (+0.11%) and the S&P BSE SENSEX trading at 74,556.68 (+0.26%).
Talent fight heats up in India finance hub as two chiefs quit
GIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resigned. Taral Shah of DBS Bank and Saiju Gandhi of Standard Chartered have left their roles, highlighting a challenge for the growing hub. This comes as global banks expand their presence, attracted by tax incentives and a lighter regulatory framework.
Drug companies directed to step up vigil on adverse reactions
India's drug regulator, CDSCO, has mandated all drug companies to establish systems for tracking adverse drug reactions. This move comes amid global scrutiny of India's drug safety monitoring. Companies must now designate officers, maintain records, and report reactions promptly. Compliance will be checked during routine inspections. This ensures better post-market drug safety for consumers.
Sensex falls over 300 points, Nifty below 23,350 amid persistent FII selling
Indian stock markets opened lower on Thursday, with Sensex and Nifty declining due to persistent FII selling and global headwinds. Geojit Investments noted that geopolitical uncertainties in West Asia and FPI outflows are weighing on the market, suggesting a cautious approach for investors.
Jain Irrigation Systems commissions industrial-scale biochar facility in Jalgaon, Maharashtra
Jain Irrigation Systems (JISL) has commissioned a ~20,000 tonne/annum high-tech industrial-scale biochar facility along with its partners in Jalgaon, Maharashtra, advancing climate-smart agriculture, circular manufacturing, and engineered carbon removal at commercial scale. JISL has worked with global experts in the field to design and implement this pioneering project.
Broader markets crash! Physicswallah, Coforge, other small & midcap stocks tumble up to 6%. Do you own?
Indian smallcap and midcap stocks plummeted on Wednesday due to persistent FII selling, a weakening rupee, and global factors. IT stocks, which had surged previously, saw a sharp selloff, with major players like TCS and Infosys dropping significantly. Analysts point to energy shocks and current account deficit concerns impacting market sentiment.
15 largecap stocks crash up to 40% in CY26. Are you holding any?
Indian equity markets have remained under pressure in CY26 amid global uncertainties, persistent FII selling and other macroeconomic challenges. The BSE Sensex has fallen about 12.5% so far this year, while several large-cap stocks have witnessed sharp corrections. Fifteen large-cap names have declined between 25% and 40%, highlighting the breadth of the ongoing market weakness.
Nifty IT logs best run in a year at 4%; TCS, Infosys lead way
Indian IT stocks surged for a third consecutive day. The Nifty IT index saw its largest single-day gain in a year. This rally is supported by improving global software sentiment and expanding enterprise AI adoption. Factors like rupee depreciation and strong orderbooks also contribute. Analysts anticipate further upward movement in the IT benchmark.
Assam's Muga silk gets Rs 411 cr boost with Mission Senehjori; set to empower 2.5 lakh weavers
A significant Rs 411-crore project, Mission Muga Silk ‘Senehjori’, has been launched to boost Assam's Muga Silk industry. This initiative aims to empower over 2.5 lakh weavers and entrepreneurs. The project will enhance value addition and production quality. It seeks to strengthen Assam's position as a global hub for this unique golden silk.