Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Bosch shares jump 3% after acquiring Bosch Chassis Systems for Rs 9,068 crore. Check details
Bosch share price surged 3% after the company approved the acquisition of a 100% stake in Bosch Chassis Systems India (BCSI) for Rs 9,068.68 crore. This strategic move aims to transition Bosch from a component supplier to an integrated solutions provider, encompassing vehicle systems, software, and hardware.
Bosch shares gain after UBS calls ₹9,068 crore deal 'value accretive'
Bosch Chassis Systems India represents the Vehicle Motion division of the Bosch Group in India and is a market leader in automotive safety systems.
Bosch approves 50:50 JV with Tata Autocomp to manufacture EV parts
Bosch and Tata Autocomp Systems are joining forces. They will create a new company to build electric vehicle parts. This partnership focuses on e-axles and electric traction motors. The venture aims to strengthen India's growing electric vehicle market. Both companies will share governance and expertise. This move supports localizing EV supply chains for cost reduction and scalability.
IT firms rethink billing as artificial intelligence reshapes work
US-based IT services company EPAM Systems Inc, and homegrown Tech Mahindra Ltd are looking to include artificial intelligence costs in billing rates and charge clients based on AI usage, instead of the traditional model of billing for engineers' time, as automation tools disrupt the industry.
Mahindra EPC Irrigation secures Rs 18-cr micro-irrigation contract
Mahindra EPC Irrigation said it has received an order from the Office of the Assistant Engineer, Water User Association, for the supply of pressurized Micro Irrigation Systems covering 3,591 hectares.
TRAI moots termination charges to tackle spam
India's telecom regulator, TRAI, is taking steps to combat spam calls. New proposals include charging businesses for commercial calls. Telecom companies will also be allowed to use AI for detecting and acting against spammers. Entities using automated calling systems must declare their use. TRAI is also strengthening rules on customer consent for promotional messages and calls.
Minda Corp shares advance 5% as unit forms JV with UK's Turntide Drives
Under the proposed shareholding structure, Spark Minda Green Mobility Systems will hold a 49 per cent stake in the venture, while Turntide Drives will own the remaining 51 per cent
Uno Minda shares jump over 3% as Jefferies initiates coverage with Rs 1,350 target price
Uno Minda shares rose over 3 per cent after Jefferies initiated coverage on the auto component maker with a Buy rating and a target price of Rs 1,350. The brokerage expects strong earnings growth driven by rising content per vehicle, premiumisation trends and expanding presence in EV components and advanced automotive 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.
Garden Reach Shipbuilders signs MoU with Bharat Forge arm for defence, maritime innovation
Garden Reach Shipbuilders & Engineers signed an MoU with Kalyani Strategic Systems Limited on March 5, 2026, to develop indigenous naval systems and enhance maritime defence technologies. GRSE shares rose ₹94.25 or 4.07% to ₹2,407.55 on BSE today, March 5.
AI-based spam data must be shared in hours, Trai to telcos
Telecom regulator Trai has mandated mobile operators to share data from their AI spam detection systems. This information will be shared on a blockchain platform within hours. Operators must now act against spammers proactively, even without user complaints. This move aims to curb unsolicited commercial communication effectively.
Concord Control Systems bags Rs 54-cr KAVACH 4.0 order from Indian Railways
Concord Control Systems said that it has secured a domestic order worth Rs 53.73 crore from Indian Railways through its associate company, Progota India.