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UltraTech Cement appoints Jayant Dua MD-designate; to take charge in 2027
UltraTech Cement appointed Jayant Dua as Managing Director (Designate) from April 1, 2026. He will succeed K. C. Jhanwar on January 1, 2027. Shares fell 1.82% to ₹12,064.
Asian Paints, Berger share price targets cut by HSBC as 'cost inflation' returns to the sector
The brokerage said that historically, rising input costs have led paint companies to take price hikes, which typically narrows the gap between volume growth and value growth.
IT stocks may bounce back; pharma growth outlook strong: Elara Securities
Bino Pathiparampil, Head of Research at Elara Securities, says HUL’s recovery depends on the execution of its strategy to tap new-age consumption trends as traditional FMCG growth remains muted. He sees near-term rebound potential in IT stocks after sharp corrections, though AI-led growth may take time to emerge. He adds semaglutide could create a $1 billion opportunity in India’s pharma market over the next four years.
Sunil Mittal shares succession plan, sets higher ARPU target of Rs 350 for Airtel
Sunil Bharti Mittal is preparing for the next generation of his family to take a larger role in Bharti Telecom. His children are gaining experience in independent ventures. Mittal anticipates their increased visibility at shareholder forums in the coming years. He also aims to increase Bharti Telecom's stake in Airtel.
NHAI-backed Raajmarg Infra Investment Trust's IPO to open on Mar 11
State-owned NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) is gearing up to launch its Rs 6,000 crore Initial Public Offering (IPO). The InvIT's maiden public offering will open on March 11 and conclude on March 13, while the bidding for anchor investors will take place on March 10, according to a public announcement on Monday. The initiative marks an important step in broadening public participation in the National Highway infrastructure growth story. The public InvIT aims to unlock the monetisation potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and domestic investors. As per the Red Herring Prospectus (RHP), Raajmarg Infra Investment Trust's IPO issue size aggregates up to Rs 6,000 crore. This was an increase from Rs 5,700 crore planned at the time of filing draft papers in January. Earlier, NHAI had incorporated Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) as the investment mana
Analyst Take | IndiGo capacity hit by Middle East crisis; higher crude to pressure aviation earnings
PL Capital’s Research Analyst Jinesh Joshi said the Middle East crisis is pressuring aviation, with about 12% of IndiGo’s capacity impacted as a large share of its international routes are to the region. Yields were already expected to stay flat and may weaken further. Higher crude is a key risk—fuel forms 35–40% of costs and a 1% fuel cost rise can cut earnings 4–5%. Rerouting or cancellations may hit margins and near-term operations, though recovery should follow once tensions ease.
CDSL, NSDL could see operating profit take a hit due to these developments, analysts warn
With the revision of rates, the Fetch Rate is now cut by 20% to ₹28 from ₹35 earlier. Charges for creation of KYC, modification of KYC and status enquiry have also been rationalized.
Samsung plans to take AI to entry-price smartphones, expand portfolio of Galaxy A series in India
Samsung is extending advanced Artificial Intelligence capabilities to its budget-friendly smartphones, aiming to broaden the AI phone segment. The brand is ramping up investments in retail infrastructure, with a strong focus on smaller cities and emerging markets. By keeping prices accessible, Samsung plans to make AI-driven devices mainstream and foresees AI phones overtaking traditional smartphones as the new standard.
Looking to take success from India to other emerging markets: Acerpure
Acerpure, a consumer electronics brand, is set to expand its presence in emerging markets like the Philippines, Vietnam, Thailand, and Indonesia. The company aims to double its sales and investment in India this year. Acerpure is also focusing on launching products tailored for the Indian market, emphasizing 'made in India' initiatives.
Hindustan Oil Exploration MD steps down; Baroruchi Mishra named as successor
Hindustan Oil Exploration Company Limited announces Ramasamy Jeevanandam's resignation as Managing Director, with Baroruchi Mishra set to take over as Managing Director and CEO from April 1, 2026.
Mumbai Indians take fandom to the next level with ‘The MIX’ festival
Mumbai Indians and BookMyShow Live's BrandLabs are launching The MIX, a two-day fan festival on March 21-22, 2026, at Jio World Garden, Mumbai. This event aims to redefine fan engagement by blending cricket, live music from international and Indian artists, immersive experiences, and exclusive merchandise, fostering a deeper connection with the #OneFamily universe.
