HCC JV wins ₹1,662 crore Goregaon-Mulund Link Road contract from BMC
Hindustan Construction Company Ltd (HCC) won a ₹1,662 crore contract from Brihanmumbai Municipal Corporation for Phase IV of the Goregaon-Mulund Link Road.
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European gas prices surge up to 35% as West Asia tensions hit LNG supply
While shipments had already been suspended earlier this month due to the conflict, the fresh attacks have raised fears of prolonged disruptions, potentially keeping gas prices elevated across Europe and Asia.
Stock Market Sell-Off: Five Nifty 50 stocks that are at a 52-week low today
Benchmark indices have sold off sharply on Thursday, March 19, with investor wealth worth over ₹9 lakh crore being wiped out. Most of the Nifty 50 constituents are trading with losses, while five of them have slumped to a 52-week…
JK Cement emerges preferred bidder for 350-hectare limestone block in MP
JK Cement Ltd is the preferred bidder for the 350-hectare Itauri-Jharkua limestone block in Panna, Madhya Pradesh. The company reported a 23% YoY fall in Q3FY25 net profit.
Sohum Asset CIO backs HDFC Bank, calls recent concerns temporary, sees valuation opportunity
Sohum Asset Managers’ CIO Sanjay Parekh said investor caution stems from uncertainty despite regulatory reassurance and management clarity. He highlighted strong long-term fundamentals, stable growth outlook, and improving merger-related metrics. Parekh expects sentiment to normalise soon, with institutional investors likely…
HDFC Bank board likely to seek CEO Sashidhar Jagdishan’s extension: Sources | EXCLUSIVE
HDFC Bank’s board is likely to seek an extension for CEO Sashidhar Jagdishan, with the RBI also backing continuity, sources said.
Shriram Finance shares fall 7%, the most in two years to lead Nifty 50 losses
The decline marks the stock’s sharpest fall since June 2024, and it has now dropped in three of the last five trading sessions.
A rare phenomenon hits HDFC Bank’s ADR after Atanu Chakraborty’s exit
Over the last six years, the bank’s ADR has slipped into a discount against the Indian entity only four times, with Wednesday’s discount of about 2.2% being the steepest.
Fed to stay cautious on rate cuts with inflation still in focus, says William Lee
William Lee, Chief Economist and MD at Global Economic Advisors, says markets are grappling with repeated supply shocks—from Covid to wars—yet global growth, especially in the US, has remained resilient. However, rising uncertainty and energy disruptions risk diverting capital into…
Real Estate stocks fall up to 4% as concerns of secondary impact of US-Iran war rise
In an interaction with CNBC-TV18, Neelkanth Mishra of Axis Securities warned of the second order effects that the ongoing US-Iran war is starting to have, including that on the real estate sector.