Vodafone Idea (Vi) Shares in Focus as CEO Urges DoT for Urgent Equity Conversion Approval

Vodafone Idea (Vi) Shares in Focus as CEO Urges DoT for Urgent Equity Conversion Approval

Vodafone Idea (Vi) shares are expected to remain in focus on Monday as the company seeks urgent relief from the Department of Telecommunications (DoT) regarding its adjusted gross revenue (AGR) and spectrum purchase dues. Vi’s CEO, Akshaya Moondra, has reached out to DoT secretary Neeraj Mittal, requesting swift approval for the equity conversion of these…

Canada’s Stock Market Declines Amid U.S. Tariff Uncertainty

Canada’s Stock Market Declines Amid U.S. Tariff Uncertainty

March 21 (Reuters) – Canada’s main stock index, the S&P/TSX composite index, closed lower on Friday, giving back some of its weekly gains as concerns over U.S. trade tariffs resurfaced. The index dropped 91.75 points, or 0.4%, ending at 24,968.49. However, despite Friday’s dip, the index posted a 1.7% weekly gain, marking its biggest rise…

TBO Tek Shares Slide 5.5% After Rs 400 Crore Block Deal; Augusta TBO, TBO Korea Offload Stake

TBO Tek Shares Slide 5.5% After Rs 400 Crore Block Deal; Augusta TBO, TBO Korea Offload Stake

Shares of TBO Tek dropped 5.5% to an intraday low of Rs 1,200 on the BSE on Friday after a Rs 400 crore block deal in the travel distribution firm. Sources told CNBC-TV18 that Augusta TBO Singapore Pte Ltd and TBO Korea Holdings Ltd are looking to sell up to a 3.1% stake in the…

F&O Ban List: NSE Restricts Trading in Five Stocks on March 18

F&O Ban List: NSE Restricts Trading in Five Stocks on March 18

The National Stock Exchange (NSE) has placed five stocks under the Futures and Options (F&O) ban on Tuesday, March 18, after their derivative contracts exceeded 95% of the market-wide position limit (MWPL). Stocks on the F&O Ban List (March 18): 1. BSE Ltd 2. Hindustan Copper Ltd 3. IndusInd Bank 4. Manappuram Finance Ltd 5….

IndusInd Bank Shares Surge 5% After RBI’s Reassurance on Financial Stability

IndusInd Bank Shares Surge 5% After RBI’s Reassurance on Financial Stability

On Monday, March 17, 2025, IndusInd Bank’s share price surged by 5%, reaching ₹707 on the BSE during intra-day trading. The rally came after the Reserve Bank of India (RBI) reassured depositors about the bank’s financial stability, following a sharp decline in its stock price due to concerns over an accounting error. Stock Price Volatility…

South Korean Stocks Surge Amid China’s Economic Stimulus and Wall Street Gains

South Korean Stocks Surge Amid China’s Economic Stimulus and Wall Street Gains

South Korea’s financial markets experienced a notable uptick on Monday, driven by China’s recent commitment to bolster domestic consumption and positive cues from Wall Street. The benchmark KOSPI index rose by 36.85 points, or 1.44%, reaching 2,603.21 as of 03:24 GMT. Market Movers: • Technology Sector: Leading the surge, Samsung Electronics saw a significant increase…

Mutual Fund Stocks Under Pressure as Market Corrections Impact AUM Growth

Mutual Fund Stocks Under Pressure as Market Corrections Impact AUM Growth

Asset management companies (AMCs) have been among the biggest beneficiaries of India’s rising equity penetration, especially in the post-pandemic years. Over the past five years, their assets under management (AUM) have surged over 200%, and in the last two years alone, AMC stocks have delivered impressive returns. However, the current market correction has put mutual…

Oil Prices Rebound as Peace Talks Stall and US Equities Strengthen

Oil Prices Rebound as Peace Talks Stall and US Equities Strengthen

Oil prices snapped a seven-week losing streak as US equity markets rebounded and peace talks between Russia and Ukraine hit roadblocks, dampening expectations of Russian crude returning to global markets soon. West Texas Intermediate (WTI) crude gained nearly 1%, settling above $67 per barrel, while Brent crude edged higher but remained just below $71 per…

MTNL Shares Surge 18.4% on Asset Monetization Gains

MTNL Shares Surge 18.4% on Asset Monetization Gains

Mumbai, March 13: Shares of Mahanagar Telephone Nigam Ltd (MTNL) skyrocketed 18.4% in early trade on the BSE, reaching a day’s high of ₹51.30 on Thursday. The surge came after the company’s earnings of ₹2,134.61 crore from land and building asset monetization were disclosed in Lok Sabha by Minister of State for Communications Pemmasani Chandra…

JSW Neo Energy Acquires 100% Stake in Virya Infrapower for ₹7.54 Crore

JSW Neo Energy Acquires 100% Stake in Virya Infrapower for ₹7.54 Crore

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has successfully acquired 100% shares of Virya Infrapower Private Limited. With this acquisition, Virya Infrapower has now become a step-down subsidiary of JSW Energy. About Virya Infrapower Private Limited Virya Infrapower is a renewable energy-focused company in India, established on December 17, 2014….