Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Banks need to push Atal Pension Yojana subscribers toward higher pension slab: DFS Secy
Financial institutions are urged to guide Atal Pension Yojana subscribers towards higher pension slabs. Many subscribers remain in the minimum Rs 1,000 monthly pension category. This amount may not be sufficient in the future. Banks must counsel individuals to choose plans reflecting future needs and current affordability. Efforts are also underway to re-examine the scheme for potentially higher pension payouts.
Delhi-NCR to get highway projects worth Rs 34,000 cr: Gadkari
Delhi-NCR is set to receive a major transport upgrade. Over ₹34,000 crore will be invested in new highway projects. These include expressways, ring roads, tunnels, and elevated corridors. The government aims to create a modern and future-ready transport network. This initiative will boost connectivity, reduce fuel use, and promote economic growth in the region.
HSBC highlights two Indian 'forgotten gems' beyond the AI trade for up to 68% upside
Godrej Properties’ aggressive focus on building future projects positions it well for market share gains, with strong deliveries expected to improve profitability, collections and cash flows. HSBC added that the stock trades at a 14% discount to its June 2026 NAV estimate.
Gold loans are no longer merely the last source of credit for the poor: Shaji Varghese, CEO, Muthoot FinCorp
Muthoot Fincorp is gearing up for a monumental ₹4,000 crore IPO, seeking to ignite its expansion plans and harness the momentum of its current growth trajectory. With an optimistic eye on the future, the company is poised to navigate market fluctuations and continue its upward path. The funds raised will be pivotal in propelling further innovations and initiatives.
IRB Infra Trust offers to sell two BOT highway assets worth Rs 4,663 crore to IRB InvIT Fund
IRB Infrastructure Trust has offered two of its revenue-generating highway assets, valued at approximately Rs 4,663 crore, to IRB InvIT Fund. The non-binding offer includes the Solapur Yedeshi NH211 and Chittorgarh Gulabpura NH79 BOT Assets, totaling 1,144 Lane km. This move aims to fund future opportunities and enhance IRB InvIT Fund's asset portfolio.
Magnus Steel and Infra listed among approved suppliers for Tata Motors projects
Magnus Steel and Infra has secured a significant role as an approved steel supplier for Tata Motors' upcoming manufacturing facilities in Gujarat and Maharashtra. The company has already begun supplying materials through RIECO Industries Ltd. Future orders are anticipated, with an estimated engagement size of Rs 32.50 crore.
Sony forecasts 11% rise in annual profit but lower sale
Sony anticipates a sales dip in its gaming division. This is due to fewer PlayStation 5 hardware sales as the console ages and increased memory chip costs. However, the company projects a profit increase driven by strong first-party game releases. Sony is also investing in its future gaming platform. The company plans a significant share buyback program.
Powering the future: Four ancillary stocks driving India’s energy infrastructure boom - Mint
Powering the future: Four ancillary stocks driving India’s energy infrastructure boomMint
Apple to invest Rs 100 crore in India renewable energy expansion
Apple is investing Rs 100 crore in India to boost green energy. The company is partnering to develop over 150 MW of renewable capacity. Initiatives also focus on reducing plastic pollution through recycling and supporting green startups. This expands Apple's commitment to India's environmental future and innovation.
India’s grid bottleneck forces ReNew Energy to waste solar power, threatening profits
India's power grid struggles to handle excess solar energy. ReNew Energy Global Plc faces power curtailment, affecting earnings. The company is investing in battery storage to balance supply and demand. Rising costs from global events add to challenges. Future projects will focus more on solar power.
L&T net profit drops 3% to ₹5,326 crore in Q4
Larsen & Toubro's March quarter net profit saw a slight dip. The company achieved record order inflows and revenue for FY26. However, geopolitical tensions in West Asia are expected to affect future business. L&T is expanding into new growth areas and continues portfolio restructuring.
Constructing 15 kilometres bullet train track every month: Ashwini Vaishnaw
India is accelerating bullet train development, constructing 15 kilometers of high-speed track monthly. The first bullet train project is slated for an August opening next year. Future projects will utilize standardized components to boost local manufacturing. Seven new high-speed corridors are planned, spanning nearly 4,000 kilometers and attracting significant investment.