Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Supreme Court sets aside CCI’s ₹202 crore penalty on Amazon in Future Coupons case
The top court has ordered the refund of any amount deposited with interest, overturning the regulator’s action over Amazon’s 2019 Future Coupons investment and disclosure allegations.
KEC International bags orders worth Rs 1,300 cr in India, overseas
KEC International has secured new orders totaling Rs 1,303 crore. These orders span across its transmission and distribution, civil, renewable, and cables and conductors businesses. The company received projects in India and international markets. These wins are expected to drive KEC International's future growth. The RPG Group company is a major player in global infrastructure EPC.
Supreme Court Sets Aside CCI's Rs 202 Crore Penalty On Amazon In Future Coupons Deal Case
In addition to setting aside the penalty imposed by the CCI, the Supreme Court also directed that any amount deposited or recovered from Amazon be refunded within eight weeks.
Adanis set up largest single-site battery storage outside China
Adani Green Energy has commissioned a massive 3.37 GWh battery storage system in Khavda, Gujarat. This is the world's largest single-location battery storage outside China. The project was completed rapidly, enhancing grid reliability and enabling round-the-clock renewable power. Adani Green Energy plans significant future expansion of its battery storage capacity.
MTAR Tech vs Apollo Micro Systems: Which multibagger defence stock to buy after 395% rally in 1 year
Two Indian defence stocks, MTAR Tech and Apollo Micro Systems, have delivered spectacular returns. MTAR Tech surged 395% and Apollo Micro Systems climbed 185% in a year. Analysts are now evaluating which stock offers better future prospects. Both companies operate in a booming defence sector with strong order books and growth potential.
Arihant Superstructures appoints Parth, Bhavik Chhajer as Joint Managing Directors
Arihant Superstructures has appointed Parth and Bhavik Chhajer, sons of its CMD, as joint managing directors. This move signals a new growth phase and succession planning for the realty firm. The company's financial performance shows steady revenue growth and expanding assets. Strong project visibility supports future value creation.
India’s peak power demand hits 271 GW, breaks record for fourth straight day
India's peak power demand neared 271 GW on Thursday, a significant increase driven by intense heat. This marks the fourth consecutive day of record demand. Thermal power met over 62% of the need, with coal supplies monitored. The ministry is assessing trends for future projections. Peak demand in solar hours has been met without issues this week.
Cenexi recovery, new product launches and capacity additions power Gland Pharma outlook
Gland Pharma stock surged to a 52-week high following robust March quarter and full-year results. Its European unit, Cenexi, is improving profitability. Future growth is anticipated from capacity expansions and new product lines. The company's contract development and manufacturing business is also expanding. Investors are watching Gland Pharma's growth prospects.
Aditya Birla Grp to invest Rs 3,080 cr in fin services arm, IFC to pump Rs 920 cr
Aditya Birla Capital is raising Rs 4,000 crore for future growth. The Aditya Birla Group will invest Rs 3,080 crore and IFC will invest Rs 980 crore. This capital infusion will fund growth objectives, including lending and investments. The company aims to expand access to financing for entrepreneurs and businesses. This move supports India's economic transformation and financial inclusion.
Vodafone Idea draws up ₹1 trillion cash strategy amid dues, capex push
Vodafone Idea's plan comes as analysts raise concerns about the company’s future payment obligations to clear spectrum dues, and the company is confident it can raise funds from a State Bank of India-led consortium.
Kaynes Technology shares tumble 25% in 3 days after weak Q4; Elara cuts rating to ‘Accumulate’
Kaynes Technology India shares tumbled nearly 25% in three days following a weaker-than-expected Q4 performance and a downgrade by Elara Securities. The company missed key FY26 guidance metrics, including revenue and operating cash flow. While FY27 growth targets were lowered, the firm anticipates future revenue contributions from its OSAT plant.
Premier Energies Q4 profit jumps 64% as solar demand lifts revenue; plans ₹5,000 crore fundraising
Strong revenue growth boosted Premier Energies’ quarterly profit, while the company also unveiled plans to raise ₹5,000 crore for future expansion.