Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Kevin Warsh’s US Fed chair hearing delayed amid pending paperwork
Kevin Warsh was scheduled to appear before the United States Senate Committee on Banking, Housing, and Urban Affairs on April 16.
TCS picks up 20-acre land in Kolkata’s New Town through 99-year lease
The West Bengal Housing Infrastructure Development Corporation (WBHIDCO), the state-run nodal agency responsible for developing New Town as a planned urban and technology hub, has allotted the land to the information technology services company.
Neo Alternative Asset Managers bets on real estate, ropes in ex-Walton Street India trio to lead charge
Neo Alternative Asset Managers is expanding into real estate. The firm has hired a seasoned team from Walton Street India to lead its new investment platform. This move targets structured and opportunistic real estate deals across key Indian urban markets. The expansion aims to leverage India's growing real estate sector, driven by urbanization and infrastructure development.
Airtel expands 5G footprint with 4,300 sites in eastern Uttar Pradesh
Bharti Airtel has significantly expanded its 5G network in eastern Uttar Pradesh. Over the past year, more than 4,300 new 5G sites were deployed across 48 districts. This expansion covers 34 million people in urban centers, growing towns, and rural villages. The enhanced network ensures faster and reliable connectivity for work, education, and digital services for millions across the region.
Consumer goods cos upbeat as GST tailwinds lift volumes in March quarter
Consumer goods companies and retailers like Marico, Dabur India, and DMart reported a sales rebound in the March quarter, driven by volume recovery post-GST rationalization. Despite geopolitical tensions, companies are optimistic about continued consumption growth, with urban and rural markets showing convergence.
India's telecom subscriber base jumps 7.86 million in January, broadband growth lags
India's telecom subscriber base saw a significant jump in January. Wireless connections led this surge, adding millions of new users. Broadband growth, however, remained slow. Urban areas experienced more subscriber additions than rural regions. Active mobile users represent a large portion of the total base. Machine-to-machine connections also increased. Mobile number portability requests indicate a competitive market.
SBI MF buys 4% in Urban Company via bulk deals; Wellington, others pare stake
SBI Mutual Fund acquired a 4% stake in Urban Company for ₹632 crore through bulk deals, while existing investors including Wellington and DF International Partners pared holdings in the company.
Jio Payments Bank introduces UPI-based cash withdrawal services
Jio Payments Bank now allows UPI-based cash withdrawals. Customers can scan a UPI QR code at business correspondent points to get cash. This eliminates the need for debit cards or ATMs. The initiative aims to improve digital payment access, especially in rural and semi-urban areas. It strengthens UPI's reach and promotes financial inclusion across India.
HUDCO's board to mull interim dividend on 23 March'26
Housing & Urban Development Corporation (HUDCO) said that its board is scheduled to meet on Monday, 23 March 2026 to consider the declaration of the fourth interim dividend for FY26 and to fix the record date.
Shareholder Lock-in: Urban Company, ICICI Prudential AMC among cos to become eligible for trading this week
More than 100 crore shares across nine recently listed companies are set to become eligible for trading this week as their respective shareholder lock-in periods expire. Among the companies where shares will become tradable are Urban Company, ICICI Prudential Asset Management Co, Aye Finance, and Fractal Analytics, though the expiry of the lock-in does not necessarily mean that all eligible shares will be sold in the open market.
India's retail inflation rises to 3.21% in February
Indias retail inflation stood at 3.21% in February, according to data released on Thursday. The Consumer Price Index (CPI)-based inflation had stood at 2.75% in January under the revised CPI series with 2024 as the base year. The latest inflation print comes at a time when tensions involving Iran, Israel and the United States have raised concerns about disruptions to global oil supplies. Year-on-year inflation rate based on All India Consumer Price Index (CPI) with base year 2024 for the month of February, 2026 over February, 2025 is 3.21%(Provisional), the Ministry of Statistics & Programme Implementation stated. Corresponding inflation rates for rural and urban are 3.37% and 3.02%, respectively. Year-on-year inflation rate based on All India Consumer Food Price Index (CFPI) for the month of February, 2026 over February, 2025 is 3.47% (Provisional). Corresponding inflation rates for rural and urban are 3.46% and 3.48%, respectively. Year-on-year Housing inflation rate for the ..
Mega Mumbai homes: Raymond Realty signs Rs 3,000 cr joint venture
In an exciting new chapter for urban development, Raymond Realty has teamed up to launch a promising housing project in Kandivali, Mumbai, with anticipated revenues soaring to Rs 3,000 crore. This collaboration marks the seventh joint development for the company, which has strategically acquired 100 acres of prime land along with seven Joint Development Agreements (JDAs).