Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Ola Electric plans Rs 2,000 cr fundraise for battery arm
Ola Electric is raising up to Rs 2,000 crore by selling a stake in its battery unit, Ola Cell Technologies. This move aims to strengthen its finances and restructure operations. The company's battery plant in Tamil Nadu is set to expand its capacity. This development is crucial for India's domestic EV supply chain and energy storage solutions.
Market volatility is a portfolio reset opportunity: Utpal Sheth
Speaking to CNBC-TV18 on the red carpet of the 21st India Business Leader Awards, Utpal Sheth of Trust Group and Deven Choksey of DRChoksey FinServ said market volatility should be seen as an opportunity rather than a risk. Sheth advised investors to focus less on timing the market and more on identifying strong companies that can emerge as leaders during disruptions, while Choksey said Indian businesses remain resilient despite supply chain shocks and cost pressures, supported by steady consumer demand and continued government spending.
Supply chain shocks, not AI, driving markets: UBS’ Gautam Chhaochharia
Speaking to CNBC-TV18 at the 21st India Business Leader Awards, UBS’ Gautam Chhaochharia said global factors such as crude price volatility and supply chain disruptions are likely to drive Indian markets in the near term. While prolonged geopolitical tensions could weigh on corporate earnings, he noted that the recent market correction is creating pockets of value, particularly in financials and select consumer stocks.
Stocks in news: Tata Steel, Kaynes Tech, GAIL, Somany Ceramics, TVS Motor
Indian markets continued their downward trend on Thursday. Several companies saw significant news. BofA Securities invested in Kaynes Technologies. GAIL assured uninterrupted gas supply to Bengaluru. South Indian Bank launched EPF payment services. DCM Shriram approved renewable energy investment. TVS Motor launched a new electric scooter. Tata Steel moved court over a GST demand.
India plans new $11 billion fund to support local chipmaking business
India plans a ₹1 trillion fund to boost domestic chipmaking, aiming to become a global hub. The fund will subsidise chip design, equipment, and supply chain development.
Stocks to Watch Today: Infosys, Waaree Renewable, HG Infra, InterGlobe Aviation, TVS Supply Chain,... - Moneycontrol.com
Stocks to Watch Today: Infosys, Waaree Renewable, HG Infra, InterGlobe Aviation, TVS Supply Chain,...Moneycontrol.com
Choked shipping routes jolt Indian manufacturers
India's manufacturing sector faces disruption due to the Iran war. Critical shipping routes are threatened, impacting automakers and component makers. Consumer goods and electronics exporters are already halting shipments and production. Industry bodies seek government support for fuel supplies. Companies are assessing supply chain risks, with some setting up crisis teams.
Stocks to Watch for March 11: Indigo, HG Infra, Waaree Energies, UCO Bank and more
IndiGo CEO Pieter Elbers resigns, Rahul Bhatia takes interim charge. TVS Supply Chain sets up warehouse for Caterpillar India. HG Infra wins ₹401.33 crore railway project. Here are few stocks to track ahead of Wednesday's trading session.
Infosys partners with Incora to deploy AI across global aerospace and defence supply chain operations
Under the multi-year alliance, Incora will work with Infosys to implement AI-enabled capabilities supporting its operations across more than 60 countries.
TVS Supply Chain sets up warehouse in Chennai to support Caterpillar India
TVS Supply Chain Solutions has set up a 40,000 sq. ft. warehouse in Mannur village to strengthen Caterpillar India Pvt Ltd's global supply chain operations. Shares of TVS Supply Chain Solutions ended marginally lower on Tuesday, March 10, by 0.65% at 106.00 on the NSE.
India strongly positioned as the next global platform for consumer technology: Nothing co-founder
India is emerging as a global consumer technology hub, driven by its expanding manufacturing and supply chain capabilities. Aspirational consumer preferences are reshaping demand, with a notable shift towards premium, differentiated products. This strategic market is experiencing hyper-growth, aligning with global trends and evolving tastes.
Kolkata Port signs agreement with East Horizon for Rs 260 crore FSRU project at Haldia
Syama Prasad Mookerjee Port, Kolkata will soon have a Floating Storage and Regasification Unit at Haldia Dock Complex. East Horizon Pvt Limited will establish this facility. The project involves an investment of approximately Rs 260 crore. This will boost LNG handling capabilities in eastern India. It will also support cleaner energy infrastructure development and strengthen the national gas supply chain.