Market News
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JM Financial ARC top bidder for Rs 971-cr DLI debt
JM Financial ARC has emerged as the preferred bidder for Distribution Logistics Infrastructure's ₹971 crore debt, offering ₹621 crore. Lenders, led by Bank of Baroda, will see a 64% recovery. This follows a failed settlement attempt with promoters, with the process expected to take more time.
"Fuel saving is fuel creation": Maharashtra launches campaign for State Transport to conserve diesel
Maharashtra State Road Transport Corporation will implement a new fuel-saving initiative. The plan aims to reduce daily diesel consumption across all depots. Drivers will be trained and rewarded for efficient fuel use. Technical inspections and repairs will be prioritized. This campaign seeks to improve MSRTC's financial health and conserve national resources.
BSNL revenue rises 19% to Rs 25,000 crore in two years; tariff cheaper than pvt telcos: MoS Telecom
State-owned BSNL has seen a significant revenue jump of 19 percent, reaching Rs 25,000 crore in two years. This financial turnaround is attributed to improved infrastructure and operational efficiency. The company's EBITDA has also seen a dramatic increase.
IRFC signs Rs 13,527 crore loan agreement with Hyderabad Metro for debt refinancing
IRFC will provide a Rs 13,527 crore loan to Hyderabad Metro Rail. This refinancing will help clear debt obligations. IRFC expects to fund more metro projects. The company plans to raise Rs 70,000 crore this financial year. This move signals significant growth for metro infrastructure financing in India.
Awfis Q4 profit doubles to Rs 23 cr on higher revenue
Total income rose to Rs 429.16 crore during the fourth quarter of 2025-26 from Rs 359.45 crore in the corresponding period of the preceding financial year, according to a regulatory filing.
Shriram General Insurance ties up with Piramal Finance for product distribution
Shriram General Insurance has joined hands with Piramal Finance. This collaboration will bring insurance products to more people. Piramal Finance's large network will help SGI reach customers. The partnership focuses on semi-urban and rural markets. It aims to make insurance easily available. This will help protect customer assets and financial futures.
Vodafone Idea shares jump 2% to a fresh record high, rally over 100% in 1 year. What’s ahead?
Vodafone Idea shares surged to a new record high on Monday, extending a winning streak. The telecom major's stock has seen significant gains over the past week, month, and year. Recent financial results showed a net profit for the January-March quarter, a turnaround from the previous year. Revenue and ARPU also saw increases.
Five Stocks To Buy: Dixon Tech, CEAT, Piramal Finance And More | May 25, 2026
Top picks include rubber recycler GRPL, tire major CEAT, financial services firm Piramal Finance, electronics manufacturer Dixon Technologies, and telecom gear maker HFCL.
Honda to drive in over 10 new models by 2030
Honda is set to introduce more than ten new models in India. This includes sports utility vehicles with petrol, hybrid, and electric powertrains. The company will launch its first electric vehicle in the latter half of the current financial year. Compact and mid-sized SUVs are also planned, with local manufacturing. India is a key market for Honda's future growth.
JSW Cement shares gain 12% as Q4FY26 profit jumps to Rs 362 crore
JSW Cement shares soared over 11% following a remarkable Q4FY26 earnings report. The company posted a staggering 2,162% year-on-year profit jump, fueled by robust revenue growth and improved operational efficiencies. Strong sales volumes across cement and GGBS segments contributed to this impressive financial performance, prompting a dividend recommendation.
JSW Cement jumps 7% on strong Q4 beat; JM Financial sees 22% upside
JSW Cement reported a net profit of ₹371.3 crore as compared to ₹34.2 crore in the year-ago period
Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headache
In the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia is inflating the cost of coking coal imports, intensifying the financial strain. Yet, domestic production is holding its ground. The industry is pivoting towards enhancing operational resilience and implementing smart cost management to tackle these obstacles.