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Paid music streaming hits the right note as free users fade
India's music streaming sector is seeing strong growth. Paid subscribers have increased significantly and are expected to rise further. Affordable plans, telecom bundles, and better payment systems are boosting numbers. Streamers are also focusing on regional content and superior audio quality. Live events are seen as a future differentiator.
China uses West Asia conflict to advance yuan's global payments debut
Beijing challenges US financial dominance across currency, messaging and settlement systems; even if Iran sanctions ease and dollar trust recovers, the yuan push will persist for future crises
Indian Railways fast-tracks safety with ₹1,364 cr Kavach push
Indian Railways has approved projects totaling over ₹1,300 crore to enhance safety and communication systems. These initiatives include the deployment of the Kavach train protection system and the expansion of optical fibre networks. The upgrades aim to improve signalling reliability and strengthen communication backbone systems across various railway zones.
Organic Recycling Systems signs MoU with ITEL, Chennai
Organic Recycling Systems (ORSL) has entered into a strategic Memorandum of Understanding (MoU) with the Immersive Technology and Entrepreneurship Labs Foundation (ITEL), Chennai, to jointly drive research, innovation, and capacity-building initiatives in bio-energy, waste management, and green technologies.
Strait of Hormuz Closure: ExxonMobil, Lockheed Martin to BAE Systems — these global stocks to benefit from US-Iran war
The closure of the Strait of Hormuz would disrupt global LNG flows, favouring non-Gulf producers. Companies like Flex LNG and Golar LNG stand to benefit. The situation could increase global inflation and reduce GDP, while non-Gulf oil producers may gain from higher crude prices.
Defence stocks build up on hopes war to spur spends
Indian defense stocks have shown resilience amidst global market turmoil, outperforming the Nifty. Investors are betting on increased defense spending due to escalating geopolitical tensions in West Asia and a prickly neighborhood. Companies specializing in defensive systems and offensive platforms are attracting significant interest.
A-1 Ltd leads losers in 'B' group
JHS Svendgaard Retail Ventures Ltd, Dolphin Offshore Enterprises (India) Ltd, R Systems International Ltd and Asahi Songwon Colors Ltd are among the other losers in the BSE's 'B' group today, 11 March 2026.
India's textile recycling market projected to reach $3.5 bn by 2030, may add 1 lakh jobs: Report
Textiles Minister Giriraj Singh said that India's textile sector, one of the largest in the world, has significant potential to lead the global transition towards sustainable and circular production systems.
Stocks to Watch for March 9: Meesho, Go Digit, Tata Power, Yes Bank and more
Tata Power partners with Salesforce for digital transformation. Yes Bank appoints Vinay Tonse as MD and CEO (designate) from March 2026. Dr. Reddy's cleared by US DOJ. Tencent Cloud Europe BV sells 1% stake in PB Fintech. R Systems declares interim dividend. Kotak Mahindra appoints Anup Kumar Saha as Director. GNFC's neem urea production hit by RLNG issues. UltraTech acquires 26.2% stake in Sunsure Solarpark. RITES revises estimates for Mysuru–Hassan–Mangaluru electrification. Sanjeev Kumar S relieved as CFO of Kirloskar Electric.
The two defence stocks this portfolio manager likes
Conrad Saldanha, MD & Portfolio Manager of Neuberger Berman, says market uncertainty due to Middle East tensions has created selective long-term opportunities. He sees attractive valuations emerging in global IT services after a sharp correction, while tech fundamentals remain strong. In India, he is selectively adding large caps like Reliance Industries and Bharti Airtel and likes IT midcaps such as Coforge and Persistent Systems as well as defence play Data Patterns, on weakness. Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
Paras Defence shares soar 11% after MoU with Korea’s Green Optics. Check details
Paras Defence shares surged on Wednesday following a significant announcement. The company has partnered with South Korea's Green Optics. This collaboration focuses on optics and optical systems for space and defence sectors. The deal aims for joint development and business expansion. Defence stocks are also showing strength amid global tensions. Paras Defence has delivered strong returns over the past year.
GSMA confers “Lifetime Achievement” award on Sunil Bharti Mittal
Global Systems for Mobile Communications Association (GSMA), which counts over 1000 mobile operators and businesses across the global telecom ecosystem as its members, conferred the award to the Bharti honcho at the Mobile World Congress in Barcelona.