Market News
Stay updated with the latest market trends, earnings, and economic indicators.
High costs pull India Inc's foreign borrowing down 51%
The rupee ended fiscal 2026 as the worst performer in Asia against the US losing close to 10% of its value in a year marked by record exits from Indian equities by overseas investors amid a global scramble for dollar-based assets. Opening the financial year at Rs 85.59 per dollar, the rupee ended at Rs 94.83. It has since weakened to an all-time Rs 95.96 per dollar.
Dynamic Cables Ltd leads losers in 'B' group
Premco Global Ltd, Spandana Sphoorty Financial Ltd Partly Paidup, Digicontent Ltd and Sambhv Steel Tubes Ltd are among the other losers in the BSE's 'B' group today, 12 May 2026.
Resonia appoints Aditya Mittal as CFO
Resonia, a transmission infrastructure company, has appointed Aditya Mittal as its new Chief Financial Officer. Mittal brings over 15 years of experience from Siemens and Siemens Energy. He will report to CEO Prashant Sinha. Mittal's role will focus on strengthening the company's financial foundation. His expertise is expected to enhance decision-making and governance as Resonia enters its next growth phase.
Q4 Results LIVE Updates: Dr. Reddy's, Dixon report results today; Indian Hotels, Anant Raj react
Q4 Results LIVE Updates: Its an earnings-heavy day on the Dalal Street today. Nifty 50 stock Dr Reddy's Laboratories is scheduled to report its numbers today. Dixon Tech, Berger Paints, Nazara Tech, INOX India, Cohance Lifesciences, Gopal Snacks, Kalpataru, KPR Mill, Max Financial Services, MobiKwik, MTAR Tech, Novartis, Pfizer, Religare, Keystone Developers, Sagility, Tata Power, Torrent Power, Texmaco Rail, V-Guard Industries, are among the other important results to track today. Watch this space for all the LIVE earnings updates.
Cantabil Retail India Promoter Confirms No Share Encumbrance or Pledge for Financial Year Ended March 31, 2026 - scanx.trade
Cantabil Retail India Promoter Confirms No Share Encumbrance or Pledge for Financial Year Ended March 31, 2026scanx.trade
Zerodha's Nikhil Kamath suggests exploring gold-based stablecoins for India
Zerodha co-founder Nikhil Kamath questioned the long-term suitability of dollar-backed stablecoins for India and proposed exploring a gold-linked stablecoin. He said such a model could monetise idle household gold holdings while reducing dependence on dollar-dominated digital financial systems and supporting India’s strategic interests.
Mainstreet Credit Union adopts Intellect's eMACH.ai Digital Engagement Platform
Intellect Design Arena is helping to transform the digital banking experience for Mainstreet Credit Union. By implementing Intellect's eMACH.ai Digital Engagement Platform (DEP), Mainstreet is evolving its member experience to provide tailored financial guidance that anticipates and meets the unique needs of its 25,300+ members across Southwestern Ontario. Mainstreet's adoption of eMACH.ai DEP and its specialized modules, Retail and Small Business Onboarding and Personal Financial Management (PFM), addresses the friction often found in legacy platforms. The platform will be available to Mainstreet as a multi-tenant SaaS solution, providing high security and automatic updates while allowing the credit union to scale its community-focused mission with digital ease.
Wall Street Week Ahead: Focus on inflation, retail sales, US-Iran conflict, crude oil
Heavyweights including Cisco, Alibaba, and Applied Materials are set to disclose their quarterly financial performance in the week ahead
India orders antitrust probe into liquor giant Pernod's dealing with retailers
India's competition watchdog has launched a probe into French liquor giant Pernod Ricard. Allegations suggest exclusive deals with retailers in New Delhi aimed to boost its brands. The Competition Commission of India found merit in claims of financial support to retailers in exchange for stocking Pernod products. This action could distort demand and limit consumer choice.
BSE wants more participation and products, not just a bigger market share, says CEO
Sundararaman Ramamurthy believes India’s mutual fund penetration remains low relative to the country’s population, leaving significant room for growth as financial awareness and retail participation continue to rise.
InCred Holdings files IPO papers with SEBI; reports fastest PAT growth among diversified NBFC peers
The company operates primarily through its subsidiary, InCred Finance, a retail-focused, diversified middle-layer non-banking financial company registered with the Reserve Bank of India.
Auto sales jump 13% to 2.61 million units on strong demand tailwinds
Vehicle sales saw a significant 13% jump last month, reaching 2.61 million units. This surge marks the best-ever April for most vehicle categories. Strong rural demand, GST benefits, and lower interest rates fueled this growth. Industry experts anticipate this positive trend to continue. The automotive retail sector has started the new financial year on a robust note.