Defence-related stocks may remain in focus after India launched a strong counter-terror operation named Operation Sindoor. The Indian Air Force (IAF) carried out precise strikes on nine terror camps across the Line of Control (LoC) early Wednesday. These actions were taken as a pre-emptive step following rising border tensions and recent terror attacks. The targeted […]
Exide Industries, a leading battery maker in India, is now in advanced talks with two top two-wheeler companies and one three-wheeler manufacturer to supply batteries. This was confirmed during the company’s investor call held on May 6. Soon after the news came out, Exide shares went up by 2 percent. The company also shared updates
Exide Industries in Final Talks with EV Makers to Boost Battery Production in India Read More »
During the March 2025 quarter, when the Indian stock market was going through a lot of ups and downs, Life Insurance Corporation of India (LIC) became a major buyer of Indian shares. LIC purchased stocks worth more than Rs 47,000 crore during this period, showing strong support for the market even as foreign investors continued
LIC Invests Over Rs 47,000 Crore in Indian Stocks During Q4 FY25 Amid Market Fall Read More »
Japanese banking giant Sumitomo Mitsui Banking Corporation (SMBC) is once again in discussions to acquire a controlling stake in Yes Bank. According to sources, State Bank of India (SBI) has restarted talks with SMBC for this deal, which could change the ownership of the private bank. SBI, which currently owns 23.97% of Yes Bank, may
Japan’s SMBC May Acquire Controlling Stake in Yes Bank as SBI Reopens Talks Read More »
The Department of Financial Services (DFS) has confirmed that there is no decision yet to merge the public sector general insurance companies. DFS Secretary M. Nagaraju made this clear on May 5 during an event in Mumbai. Speaking at the listing ceremony of the first Residential Mortgage-Backed Securities, Nagaraju said, “No decision has been taken
No Government Plan Yet to Merge State-Owned General Insurers, Says DFS Secretary Read More »
Mahindra & Mahindra Ltd (M&M) has reported a 22% rise in its standalone net profit for the March 2025 quarter. The company posted a profit of ₹2,437 crore in Q4 FY25, compared to ₹2,000 crore in the same period last year. The company has declared a dividend of ₹25.3 per share. The record date for
Kotak Mahindra Bank reported a 14% year-on-year drop in standalone net profit for the quarter ended March 2025. The bank posted a profit of ₹3,552 crore in Q4 FY25, compared to the same quarter last year. The fall in profit was mainly due to a sharp rise in provisions and contingencies, which jumped more than
State Bank of India (SBI), the country’s largest public sector bank, posted a 10% fall in its standalone net profit for the March 2025 quarter. The profit stood at ₹18,643 crore, compared to ₹20,698 crore in the same quarter last year. Despite the fall in profit, the bank’s board has announced a dividend of ₹15.90
SBI Q4 Profit Falls by 10% to ₹18,643 Crore; Declares ₹15.90 Dividend Per Share Read More »
India has stopped the import of all goods from Pakistan with immediate effect after the deadly terror attack in Pahalgam on April 22, 2025. The decision was taken as part of national security actions, and the ban is now part of India’s Foreign Trade Policy (FTP) 2023. In a new notification issued by the Directorate
India Bans All Imports from Pakistan After Pahalgam Terror Attack Read More »
The Pakistan stock market has seen a major fall of over 7,100 points since April 22, 2025, as tensions between India and Pakistan increased sharply after a terror attack in Pahalgam. This sell-off shows how rising political and military stress between both countries is affecting investor sentiment in the region. Pakistan’s main KSE-100 index dropped
Pakistan Stock Market Falls Sharply Over 7,000 Points After India-Pakistan Tensions Rise Read More »
