Shares of Kotak Mahindra Bank surged as much as 3.8% on Monday, reaching a 52-week high of ₹2,162.90 on the BSE. The rally was driven by investor optimism following key leadership changes announced by the private lender. The stock significantly outperformed the Nifty Bank index, which gained 2% on the same day. So far in…
March 22 (Reuters) – European Union member states are advocating for flexibility in meeting gas storage targets over the next two years, as they seek to mitigate the financial strain caused by soaring market prices. A new provision, drafted by Poland, proposes allowing member states to deviate by up to 5 percentage points from the…
Auto major Samvardhana Motherson has announced a 50% interim dividend for eligible shareholders, putting the stock under the bulls’ radar in the upcoming trading sessions. The company has set March 28, 2025, as the record date for the dividend, meaning investors holding shares on March 27, 2025, will be eligible for a dividend payment of…
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…
Foreign investors continued to offload Indian stocks in the first half of March, with information technology (IT) and consumer goods sectors bearing the brunt of the selling. The sell-off comes amid growing concerns over economic conditions in both the U.S. and India, leading to cautious sentiment among global investors. Foreign Portfolio Investors (FPIs) Exit in…
In a groundbreaking move towards sustainable air travel, BluJ Aero, ANERT (Agency for Non-Conventional Energy and Rural Technology), BPCL (Bharat Petroleum Corporation Limited), and CIAL (Cochin International Airport Limited) have signed a Quadripartite Agreement at the Global Hydrogen and Renewable Energy Summit in Kochi, Kerala. Supported by the Government of Kerala, this historic collaboration aims…
The Indian stock market has been grappling with relentless foreign investor outflows in 2025, with Foreign Institutional Investors (FIIs) pulling out over $17 billion so far. This significant capital flight has raised concerns about market stability, with investors now looking toward the US Federal Reserve’s March 18-19 meeting to determine whether this trend will persist…
Shares of One 97 Communications, the parent company of Paytm, surged 3.6% to ₹713.50 on the BSE during Tuesday’s trading session. The rally came after Paytm announced that its wholly owned subsidiary, Paytm Money, has received regulatory approval from the Securities and Exchange Board of India (SEBI) to operate as a registered Research Analyst. SEBI…
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…
New Delhi, March 13: Shares of NTPC Green Energy Ltd will be in focus on Thursday after its subsidiary, NTPC Renewable Energy Ltd, announced the commercial operation of the second and final phase of its 105 MW Shajapur Solar Project in Madhya Pradesh. Shajapur Solar Project Now Fully Operational In an exchange filing, NTPC Green…