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Govt considers selling 2% stake in Hindustan Zinc to raise ₹5,000 crore
The Department of Investment and Public Asset Management, which is under the Finance Ministry, aims to launch the process this month or in July
West Bengal to sign MoU with Adani Ports, eyes fresh investment push
West Bengal government has signed a Memorandum of Understanding with Adani Ports. This comes after a meeting between Chief Minister Suvendu Adhikari and Adani Ports & SEZ MD Karan Adani. The Chief Minister assured support for Adani's investments in the state. Adani Group had previously pledged Rs 10,000 crore investment in West Bengal.
Dipan Mehta picks Coforge, Persistent and Happiest Minds for the AI era
Dipan Mehta, Director at Elixir Equities, said new-age IT firms such as Happiest Minds, Persistent Systems and Coforge are well placed to benefit from the AI-led disruption in technology services. He also favoured diversified NBFCs over banks and highlighted opportunities in mining companies like NMDC and Hindustan Copper. However, he cautioned that elevated crude oil prices and the ongoing Iran conflict could weigh on India's economic growth and market sentiment. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
GMDC to develop India’s first AI-powered rare earth supply chain observatory with £600,000 investment
Gujarat Mineral Development Corporation Ltd is partnering with the University of Cambridge to create India's first AI-powered rare earth supply chain observatory. This initiative will track the entire rare earth elements value chain in real time. It aims to enhance India's position in rare earth supply chain resilience. The project will provide crucial intelligence for policy and strategic decisions.
ArcelorMittal Nippon Steel India gets first PM-SETU nod; Andhra Pradesh leads industry-driven ITI overhaul
ArcelorMittal Nippon Steel India secured the first Strategic Investment Plan approval under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs scheme. This marks a significant step in modernizing vocational education through industry partnerships. Andhra Pradesh leads as the first state to operationalize an industry partnership under the PM-SETU initiative. The program aims to transform 1,000 government ITIs nationwide.
Stocks to buy for long term: Tata Steel, EIL among 5 stocks ICICI Securities' Pankaj Pandey suggests for up to 36% gains
Stocks to buy for long term: ICICI Securities' Pankaj Pandey recommends five quality stocks poised for long-term gains. From Artemis Medicare, EIL to Tata Steel, discover the compelling reasons behind these picks and how they can bolster your investment portfolio in the coming years.
JSW Steel commences 13.2 MTPA Paradeep Integrated Steel Plant project
The Paradeep Integrated Steel Plant will be developed in phases with a planned capacity of 13.2 million tonnes per annum (MTPA) and an estimated investment of about Rs 65,000 crore in phases. Spread across nearly 2,950 acres, the project is strategically located on Odisha's coastline, offering strong port connectivity, efficient access to raw materials and robust logistics infrastructure to serve both domestic and international markets.
FY27 capex: Adani, Tata, JSW, Coal India lead India Inc's investment push
India Inc plans an aggressive FY27 capex across energy, infrastructure, metals, EVs and data centres after ₹10.5 trillion investment in FY26, notes ICICI Securities
Qatar Holding sells 0.4% stake in Adani Energy; Birla MF buys for ₹644 cr
Qatar Holding LLC, an affiliate of the sovereign wealth fund Qatar Investment Authority, has sold 48.05 lakh shares of Adani Energy Solutions to Birla Mutual Fund for Rs 643 crore through open market transactions, according to data available on the BSE. Qatar Holding LLC offloaded 48,05,974 shares, representing a 0.40 per cent stake in Adani Energy Solutions, as per block deal data executed on Friday. The shares were disposed of at an average price of Rs 1,339 apiece, taking the deal value to Rs 643.52 crore. Meanwhile, Birla Mutual Fund acquired the same number of shares at the same price. Following the completion of the transaction, shares of Adani Energy Solutions on Friday rose 2.10 per cent to close at Rs 1,368 apiece on the BSE. Last month, Adani Energy Solutions posted a marginal rise of 1.3 per cent in its consolidated net profit at Rs 723 crore for the quarter ended March 2026, supported by a rise in revenues. The company had logged a net profit of Rs 714 crore in the ...
Shriram Finance or Hindalco may enter Sensex in June: Nuvama
Market watchers anticipate significant shifts in the BSE Sensex this June. Hindalco Industries or Shriram Finance are poised for inclusion, potentially attracting substantial passive investment. Conversely, Trent is expected to be excluded due to a dip in its free-float market capitalization. Nuvama predicts the announcement on May 22, with changes effective June 19.
Sensex, Nifty 50 End Higher on May 20; Reliance, Hindalco and Axis Bank Lead Gains - Dalal Street Investment Journal
Sensex, Nifty 50 End Higher on May 20; Reliance, Hindalco and Axis Bank Lead GainsDalal Street Investment Journal
Deven Choksey on Hindalco, SBI and IT stocks: Buy now or wait?
Deven Choksey MD of DRChoksey Finserv sees Hindalco as fairly priced but worth buying on dips, SBI as a strong accumulate near ₹930, and mid-tier IT names like KPIT and Tata Technologies as contra-buy opportunities. He also flags concerns over excessive derivative volumes distorting equity markets and suggests quarter two FY26 could offer better entry points in quality stocks. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.