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Thermax: Surge in order inflows, green energy push to drive earnings
Energy transition opportunities and rising industrial capex to drive future growth
RIL AGM: New energy, compute and consumer businesses to drive future performance
While the Jio IPO announcement stole the limelight, RIL is making progress in its new-age business lines that are poised to become the next set of growth drivers
Markets Erase Gains as Metals Drag; IDBI Bank Bid Race Heats Up | Closing Bell
Markets surrendered early gains as metal stocks dragged benchmarks lower, with the Nifty hovering near 24,100 despite strength in auto counters. ONGC, Hindalco and Power Grid led the losers, while InterGlobe Aviation, M&M and Maruti Suzuki outperformed. In corporate news, Amazon CEO Andy Jassy met PM Narendra Modi and announced an additional $13 billion investment in India, taking Amazon's planned investment to $48 billion through 2030. Fairfax is reportedly back with a fresh bid for IDBI Bank, valuing the lender at ₹77 per share and potentially unlocking a ₹50,000 crore divestment for the government and LIC. Meanwhile, uncertainty continues around Tata Sons as RBI is yet to decide on its NBFC deregistration request, keeping the possibility of a future listing alive. Catch all the key market moves, corporate developments and top business headlines in this edition of Closing Bell.
RR Kabel Q4 FY26: Execution strong, but near-term rerating potential limited
Wires & cables momentum drives record performance while recovery in FMEG is crucial for future growth