Consumption hit as kitchens feel the heat of LPG shortage
India’s culinary landscape is feeling the pressure as a lack of LPG supplies disrupts the food industry. Establishments like hotels and bustling street vendors are trimming their resources, leading to lower usage of essential ingredients like edible oil and flour. The decline in wheat flour sales poses challenges for the production of staples such as […]
Coal India board approves up to 35% divestment in SECL, Mahanadi Coalfields
Coal India’s board has approved divesting up to 25% of its stake in South Eastern Coalfields Ltd (SECL) via Offer for Sale, alongside a fresh issuance of up to 10% equity through an IPO or other market routes. This move, along with a similar divestment in Mahanadi Coalfields Limited, aims to raise capital and explore […]
HDFC Bank crisis: Sebi says independent directors must act responsibly, back up insinuations
In the wake of the HDFC Bank crisis triggered by chairman Atanu Chakraborty’s surprise quitting, Sebi chairman Tuhin Kanta Pandey on Monday said independent directors need to act responsibly, and back up any insinuations with evidence.
Brand Concepts bulk deal: Ashish Kacholia exits microcap as stock price erodes 36% in a year
Ashish Kacholia sold his entire 1.44% stake in Brand Concepts via a bulk deal worth ₹3.9 crore. The sale follows weak microcap performance, with the stock down 36% over a year and 6% today.
Benchmark bond yield rises to 14-month high amid crude price worries
Indian benchmark bond yield rose to a 14-month high on Monday, possibly due to surge in Brent crude oil prices amid escalating conflict in the Middle east.
Vedanta declares Rs 11/share interim dividend; total payout at Rs 4,300 crore
Vedanta Ltd on Monday announced a third interim dividend of Rs 11 per share for FY26. The board approved the payout earlier in the day and informed the exchanges during market hours. The company has set Saturday, March 28, as the record date to determine shareholders eligible to receive the payout.
Nifty Bank cracks 3% to 11-month low as SBI, HDFC & Union Bank tumble. More pain ahead?
The Nifty Bank index slumped over 3% to an 11-month low as selling hit major lenders, including State Bank of India and HDFC Bank. A weaker rupee, persistent FII outflows and geopolitical tensions kept sentiment bearish, with analysts warning that volatility and downside risks may persist.
These 5 equity mutual funds lose over 20% on SIP investments in 1 year. Do you own any?
Five equity mutual funds delivered negative SIP returns over one year, with XIRRs between minus 20% and 28%, leaving monthly Rs 10,000 investments barely above contributions, highlighting short-term market volatility.
Zomato’s fee hike to boost margins, demand still intact : Jignanshu Gor
Zomato has increased its platform fee, aiming for better profits. This move puts it ahead of rival Swiggy in charges. Analysts believe this will boost Zomato’s earnings without hurting customer demand significantly. Competition in quick commerce is also intense, but players are focusing on expansion rather than just price wars. Demand for food delivery remains […]
2 top stock recommendations from Rajesh Bhosale
Indian stock markets are experiencing significant volatility. Investors are advised to remain cautious in the short term. Experts suggest a staggered approach to buying quality stocks for long-term gains. The IT sector shows relative strength, with Tech Mahindra highlighted as a stock to watch. Conversely, Bharat Forge is seen as bearish.