Market News
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Oil rally may dent Indian OMCs as retail fuel prices stay steady; here’s why
A fresh surge in global crude prices is putting India’s state-run fuel retailers under pressure. With domestic pump prices largely unchanged since 2022, rising input costs are compressing margins and increasing cash-flow volatility for the country’s oil marketing companies.
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.
Transwarranty Finance Ltd leads losers in 'B' group
Sanathan Textiles Ltd, JHS Svendgaard Retail Ventures Ltd, Hindustan Oil Exploration Company Ltd and Suraj Ltd are among the other losers in the BSE's 'B' group today, 10 March 2026.
Rajputana Stainless IPO Day 2: Issue subscribed 34% so far. Check GMP, review, key dates. Apply or skip?
Rajputana Stainless IPO Day 2: Rajputana Stainless IPO was 30% subscribed on its first day. The company aims to raise ₹255 crore. The public offering allocates shares for QIBs, NIIs, and retail investors. Provisional allotment is on March 12, with expected listing on March 16.
Stocks in news: IndiGo, RIL, Torrent Power, ideaForge, NTPC Green
Indian markets experienced a sharp sell-off, extending the downtrend amid global concerns and geopolitical tensions. Nifty faces immediate support at 23,500, with resistance expected around 24,000-24,300. IndiGo flights faced airspace issues, while Reliance Retail acquired 'Pahadi Local'. Torrent Power raised Rs 2,000 crore via NCDs, and ideaForge began drone training for NATO personnel.
Reliance Retail Limited acquires beauty and wellness brand 'Pahadi Local'
Reliance Retail has made a significant investment in the beauty and wellness sector by acquiring Pahadi Local, a brand that embodies the essence of Himalayan beauty with its sustainable products. This acquisition not only bolsters Reliance's efforts in elevating homegrown brands but also furthers Pahadi Local's mission of supporting women-led self-help initiatives.
Rajputana Stainless IPO subscribed 30% on Day 1; QIB portion nearly full
The initial public offer of Rajputana Stainless Ltd, a manufacturer of long and flat stainless-steel products, got subscribed 30 per cent on the first day of bidding on Monday. The IPO received bids for 63,04,430 shares, as against 2,09,00,000 shares on offer, as per NSE data. The category for Qualified Institutional Buyers (QIBs) received 99 per cent subscription, while the quota for non-institutional investors fetched 65 per cent subscription. The portion for Retail Individual Investors (RIIs) got subscribed 4 per cent. The initial public offer has a fresh issue of up to 1,46,50,000 equity shares and an offer-for-sale of up to 62,50,000 equity shares. Price range for the offer has been fixed at Rs 116-122 per share. The IPO will conclude on Wednesday. Rajputana Stainless has raised Rs 10 crore from anchor investor Shine Star Build Cap. The firm manufactures a range of stainless-steel products, including billets, forging ingots, rolled black bars, rolled bright bars, flats, pat
No immediate hike in petrol, diesel prices despite crude crossing $100/barrel
India's fuel prices are holding steady for the moment, despite the global crude oil surge breaking the USD 100 per barrel mark. Officials report that there are no current intentions to raise retail prices, as oil marketing companies are prepared to absorb any cost implications.
Reliance Retail completes acquisition of 'Pahadi Local' brand
Reliance Retail has completed the acquisition of brand 'Pahadi Local' along with business from Pahadi Goodness. 'Pahadi Local' is a fast-growing Indian beauty and wellness brand known for its nature-led, Himalayan-inspired formulations.
‘Blood is on the streets’: Deepak Shenoy advises measured allocations as war in West Asia rocks markets — details
Deepak Shenoy, CEO of Capitalmind AMC, feels that retail investors should adopt a “measured allocation” strategy and avoid panic selling amid the West Asia war and the oil-price-driven market crash.
Mint Explainer: Why Reliance is betting on legacy regional brands to build its FMCG empire
Reliance Consumer Products is expanding by acquiring regional legacy brands rather than digital-first startups. The strategy taps loyal local customer bases and plugs them into Reliance’s vast retail network to scale nationally.
Reliance Retail recalibrates fashion play to tap Gen Z demand
Azorte and other in-house brands sit at the centre of a strategy built on quicker turnarounds and trend-led assortments.