Indian Market

Karnataka Budget 2025: New IT Policy to Boost Cloud Computing and Emerging Technologies

Karnataka Budget 2025: New IT Policy to Boost Cloud Computing and Emerging Technologies

/ Indian Market /

Karnataka is set to introduce a new IT policy this year, focusing on cloud computing and emerging technologies while expanding the state’s technology presence beyond Bengaluru to tier-2 and tier-3 cities. This policy, mentioned in the state budget on March 7, aims to strengthen Karnataka’s position as a global technology hub by attracting investments and […]

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Bharat Electronics Shares in Focus After Securing Orders Worth ₹577 Crore

Bharat Electronics Shares in Focus After Securing Orders Worth ₹577 Crore

/ Indian Market /

Bharat Electronics Ltd (BEL) is expected to remain in focus on March 7 after the company secured an additional order worth ₹577 crore since February 20, 2025. The newly received orders include airborne electronic warfare products, an advanced composite communication system for submarines, a Doppler weather radar, a train communication system, radar upgradation, and related

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Railtel Wins ₹262 Crore Project in Odisha

Railtel Wins ₹262 Crore Project in Odisha, Shares Rise 3%

/ Indian Market /

Railtel Corporation of India has secured a project worth over ₹262 crore from the State Transport Authority of Odisha. Shareholders have been informed about the new contract in an exchange filing. Railtel has been assigned with a work order for a project valued at ₹2,62,33,85,540, which is inclusive of taxes. The project is for upgrading

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RPP Infra Projects Shares Hit Upper Circuit After Securing ₹80.98 Crore Order

RPP Infra Projects Shares Hit Upper Circuit After Securing ₹80.98 Crore Order

/ Indian Market /

Shares of RPP Infra Projects were locked at the upper circuit on March 6 after the company received a new project worth ₹80.98 crore from the Chennai Metropolitan Water Supply & Sewerage Board. At 9:23 AM, the stock was trading at ₹137.55 on the BSE, rising by ₹6.55 or 5 percent, with no sellers available

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US May Demand Zero Tariffs on Most Goods, No Relief Expected for India

US May Demand Zero Tariffs on Most Goods, No Relief Expected for India

/ Indian Market /

In a significant trade development, the US administration has reportedly asked India to eliminate tariffs on almost all products, except agriculture goods, in bilateral trade, according to a report by CNBC-TV18 on March 6. India Unlikely to Get Tariff Relief The Donald Trump-led US administration is unlikely to offer any exemptions to India from the

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BEL Declares Interim Dividend, Sets March 11 as Record Date

BEL Declares Interim Dividend, Sets March 11 as Record Date

/ Indian Market /

Bharat Electronics Ltd (BEL), a Navratna PSU, has announced an interim dividend of ₹1.50 per share for the financial year 2024-25. The company’s board of directors approved the decision at its meeting on March 5, 2025. BEL has set March 11, 2025, as the record date for determining shareholders eligible for the dividend payment. According

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Sensex and Nifty Rebound Strongly After 10-Day Losing Streak; Key Reasons Behind Market Rally

Sensex and Nifty Rebound Strongly After 10-Day Losing Streak; Key Reasons Behind Market Rally

/ Indian Market /

Indian stock markets made a sharp recovery on March 5 to break a 10-day losing streak, with investors buying down-trodden shares and drawing encouragement from the performance of the Asian market. The Sensex gained 564.80 points (0.77%) to 73,554.73 during early trade, and the Nifty gained 179.5 points (0.81%) to 22,265.15. The top gainers were

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Jio Financial Services to Acquire Full Ownership of Jio Payments Bank by Buying SBI’s Stake for ₹104 Crore

Jio Financial Services to Acquire Full Ownership of Jio Payments Bank by Buying SBI’s Stake for ₹104 Crore

/ Indian Market /

Jio Financial Services Ltd (JFSL) announced on March 4 that its board has approved the acquisition of 7.9 crore shares of Jio Payments Bank Ltd (JPBL) from State Bank of India (SBI) for ₹104.54 crore. Currently, JFSL holds 82.17% of JPBL’s paid-up equity share capital, while SBI is a minority partner. After this acquisition, Jio

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Asian Stock Markets Fall as US Tariffs Raise Fears of Trade War

Asian Stock Markets Fall as US Tariffs Raise Fears of Trade War

/ Indian Market /

Asian stock markets declined on March 5, tracking a sell-off in US markets after President Donald Trump announced new tariffs on trading partners, increasing concerns about a global trade war. Stock markets in Tokyo and Sydney opened lower, while Hong Kong futures also pointed to losses. In the US, the S&P 500 fell 1.8%, the

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RBL Bank Shares Fall 2% as GST Officials Conduct Search Operations

RBL Bank Shares Fall 2% as GST Officials Conduct Search Operations

/ Indian Market /

RBL Bank shares were in focus on March 4, after the Maharashtra State GST Department conducted a search operation at three of its offices. The search operation is being conducted under Section 67 of the Maharashtra Goods and Services Tax (MGST) Act, 2017. The bank confirmed that it is fully cooperating with the authorities by

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