Market News
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JLR readies recovery plan to get fit for new 'world order'
Jaguar Land Rover is implementing a three-part recovery plan following its worst annual net loss in five years. The strategy targets reducing procurement and warranty expenses while enhancing digital systems. The company aims to restore its cash break-even point and achieve significant savings. New electric vehicle launches are expected to drive future growth.
PVR Inox: Higher ticket prices, food spending drive margin recovery
PVR Inox's Q4FY26 results revealed a 26% revenue growth yet shares plummeted over 6%. Strategic pricing and reduced debt are shaping the company's future, alongside a promising movie lineup.
Avi Polymers to acquire 90% stake in JVTR Consultants at Rs 500 crore valuation
Avi Polymers has approved the acquisition of a 90% stake in JVTR Consultants Pvt Ltd for Rs 500 crore via a share swap. This strategic move aims to expand the company's footprint in the technology and digital services sector, including IT services and software development. The acquisition aligns with Avi Polymers' vision for a more diversified and future-ready business.
Delhi EV policy 2026: From subsidies and scrapping incentives to tax exemptions, all you need to know
Delhi is accelerating its electric vehicle adoption with new incentives, including purchase subsidies and scrapping benefits for two-wheelers, three-wheelers, and cars. The city is also implementing road tax exemptions and mandates for electrification, aiming for a cleaner transport future.
Govt approves 104 projects worth Rs 271 crore for 6G tech research: Mos Telecom
India is advancing towards 6G technology. The government has approved 104 projects valued at Rs 271 crore for research and development. This initiative is part of the Bharat 6G Vision, aiming to position India as a global leader by 2030. The government is also establishing 5G Use Case Labs and supporting test beds to foster innovation and build future capabilities.
Delhi Metro begins operations on Pink, Magenta Line extensions
Delhi Metro services began Sunday afternoon on two new corridors. Prime Minister Narendra Modi inaugurated these sections. He also laid the foundation for three more Metro lines. These new lines will enhance connectivity across Delhi. Residents in several areas will benefit from the expanded network. Future phases aim to connect key locations like Noida and the airport.
Suzlon Energy shares drop 30% in six months, but Motilal Oswal sees 61% upside; here’s why
Suzlon Energy shares have seen a significant decline, but Motilal Oswal remains bullish, projecting a 61% upside. The brokerage cites the company's 'Suzlon 2.0' vision, including leadership restructuring and the launch of a dedicated project development vertical, DevCo, as key drivers for future growth.
New rules classify highway project failures as catastrophic; to affect contractor ratings & future contracts
New rules define catastrophic failures in highway projects. These failures will impact contractor ratings and future contract awards. Incidents like bridge collapses or pavement failures requiring full replacement are now classified as catastrophic. Implementation agencies must report such events promptly. The National Highways Authority of India has awarded a major ring road project in Odisha to three concessionaires for development.