Market News
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BEML, Delhi Metro Rail Corp partner to bid for rail, metro projects
BEML signs MoU with DMRC to jointly bid for rail and metro projects in India and abroad, leveraging manufacturing and execution strengths to expand in urban mobility markets.
Neo Alternative Asset Managers bets on real estate, ropes in ex-Walton Street India trio to lead charge
Neo Alternative Asset Managers is expanding into real estate. The firm has hired a seasoned team from Walton Street India to lead its new investment platform. This move targets structured and opportunistic real estate deals across key Indian urban markets. The expansion aims to leverage India's growing real estate sector, driven by urbanization and infrastructure development.
Airtel expands 5G footprint with 4,300 sites in eastern Uttar Pradesh
Bharti Airtel has significantly expanded its 5G network in eastern Uttar Pradesh. Over the past year, more than 4,300 new 5G sites were deployed across 48 districts. This expansion covers 34 million people in urban centers, growing towns, and rural villages. The enhanced network ensures faster and reliable connectivity for work, education, and digital services for millions across the region.
Consumer goods cos upbeat as GST tailwinds lift volumes in March quarter
Consumer goods companies and retailers like Marico, Dabur India, and DMart reported a sales rebound in the March quarter, driven by volume recovery post-GST rationalization. Despite geopolitical tensions, companies are optimistic about continued consumption growth, with urban and rural markets showing convergence.
India's telecom subscriber base jumps 7.86 million in January, broadband growth lags
India's telecom subscriber base saw a significant jump in January. Wireless connections led this surge, adding millions of new users. Broadband growth, however, remained slow. Urban areas experienced more subscriber additions than rural regions. Active mobile users represent a large portion of the total base. Machine-to-machine connections also increased. Mobile number portability requests indicate a competitive market.
Vodafone Idea, JP Power, Urban Company, MMTC— These are among the most traded stocks on NSE today - Mint
Vodafone Idea, JP Power, Urban Company, MMTC— These are among the most traded stocks on NSE todayMint
Urban Company shares surge 18% after SBI MF increases stake with ₹600 crore purchase
Urban Company saw a large block on Tuesday, where three entities offloaded nearly 4.6% of the company's outstanding equity.
Stocks to watch: Urban Company, Tata Steel, Varun Beverages among 10 shares in focus on Wednesday - Mint
Stocks to watch: Urban Company, Tata Steel, Varun Beverages among 10 shares in focus on WednesdayMint
SBI MF buys 4% in Urban Company via bulk deals; Wellington, others pare stake
SBI Mutual Fund acquired a 4% stake in Urban Company for ₹632 crore through bulk deals, while existing investors including Wellington and DF International Partners pared holdings in the company.
Jio Payments Bank introduces UPI-based cash withdrawal services
Jio Payments Bank now allows UPI-based cash withdrawals. Customers can scan a UPI QR code at business correspondent points to get cash. This eliminates the need for debit cards or ATMs. The initiative aims to improve digital payment access, especially in rural and semi-urban areas. It strengthens UPI's reach and promotes financial inclusion across India.
HUDCO's board to mull interim dividend on 23 March'26
Housing & Urban Development Corporation (HUDCO) said that its board is scheduled to meet on Monday, 23 March 2026 to consider the declaration of the fourth interim dividend for FY26 and to fix the record date.
Urban Company shares fall 3% after shareholder lock-in ends, ₹385 crore block deal
As many as 94.09 crore shares of the company freed up for trade today as its six-month shareholder lock-in came to an end. The number of share that free up for trade amount to 66% of the company's outstanding equity.