Indian Market

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 […]

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

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

BEL Declares Interim Dividend, Sets March 11 as Record Date Read More »

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

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

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

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

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

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

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

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

Adani Green Secures $1.06 Billion to Refinance Renewable Project in Rajasthan

Adani Green Secures $1.06 Billion to Refinance Renewable Project in Rajasthan

/ Indian Market /

Adani Green Energy Ltd. (AGEL) has successfully raised $1.06 billion to refinance a construction facility linked to its solar-wind hybrid renewable cluster in Rajasthan, the company announced on March 3. Long-Term Financing Details According to the company’s filing, the new financing has a tenor of 19 years, with a fully amortized debt structure designed to

Adani Green Secures $1.06 Billion to Refinance Renewable Project in Rajasthan Read More »

Paytm Shares Under Spotlight After ED Issues FEMA Violation Notice

Paytm Shares Under Spotlight After ED Issues FEMA Violation Notice

/ Indian Market /

Shares of One97 Communications, the parent company of Paytm, will be in focus on March 3 after the Enforcement Directorate (ED) issued a show cause notice for alleged violations of the Foreign Exchange Management Act (FEMA). ED’s Notice on FEMA Violations On February 28, the ED served a notice to One97 Communications and its subsidiaries,

Paytm Shares Under Spotlight After ED Issues FEMA Violation Notice Read More »

Tuhin Kanta Pandey Appointed as New SEBI Chief for Three-Year Term

Tuhin Kanta Pandey Appointed as New SEBI Chief for Three-Year Term

/ Indian Market /

Stock market today saw a major leadership change as Tuhin Kanta Pandey, the current Finance and Revenue Secretary, was appointed as the new Chairperson of the Securities and Exchange Board of India (SEBI) for a three-year term. Pandey, a 1987-batch IAS officer from the Odisha cadre, will take over from Madhabi Puri Buch, whose tenure

Tuhin Kanta Pandey Appointed as New SEBI Chief for Three-Year Term Read More »

Schaeffler India Shares Rise 3% After Strong Q4 Profit Growth

Schaeffler India Shares Rise 3% After Strong Q4 Profit Growth

/ Indian Market /

Stock market today saw Schaeffler India shares climb 3% to ₹3,160 on February 28 after the company reported strong financial results for the December quarter. Despite this rise, the stock has dropped 7% in the past month, underperforming the Nifty 50, which declined 5% during the same period. Schaeffler India posted a 13.2% year-on-year (YoY)

Schaeffler India Shares Rise 3% After Strong Q4 Profit Growth Read More »

Scroll to Top