Promoters of Cello World explore sale of controlling stake
Cello World promoters may sell controlling stake, hire banker, talk to Kedaara Capital, Blackstone, Temasek, Advent International, Amundi as stock rebounds slightly.
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Two Indian insurers face tax orders of over ₹361 crore, plan to appeal
Both companies made the disclosures in compliance with Securities and Exchange Board of India listing regulations, and said they do not expect the orders to materially affect ongoing business operations.
Tata Steel acquires ₹1,680.27 crore equity stake in arm T steel holdings
Tata Steel invests 180 million dollar in T Steel Holdings Pte. Ltd on March 24 2026 keeping it a wholly owned subsidiary as Tata Steel shares rise on NSE.
New India Assurance faces ₹189 crore Income Tax assessment order for AY23, to appeal
Shares of New India Assurance Company Ltd ended at ₹125.55, up by ₹0.90, or 0.72%, on the BSE.
Godawari Power to set up ₹7,000 crore steel plant in Chhattisgarh; shares gain 5%
Godawari Power & Ispat Ltd to build 1 MTPA steel plant at Sarora in Raipur for ₹7,000 crore, funded via debt and internal accruals, boosting capacity and lifting its shares.
HDFC Bank handled director resignation well, but disclosure now key: Proxy advisors
Abizer Diwanji, Founder of NeoStrat Advisors LLP, and Shriram Subramanian, Founder & MD of InGovern, said HDFC Bank has taken the right steps after the independent director’s resignation by involving regulators, forming a committee, and appointing a law firm. They…
Meesho shares gain 6% along with other platform companies, trim losses for the month
In today’s session, Meesho announced the launch of “Vaani – Your Meesho Dost”, a generative AI-powered conversational voice shopping assistant aimed at making e-commerce more accessible, especially for users in tier 2 and smaller markets.
Midcaps, smallcaps offer strong earnings growth potential over 3–5 years: PGIM India
Aniruddha Naha, CIO – Alternates, PGIM India Asset Management said recent correction has made valuations more attractive, especially in the smallcap space, where prices have corrected sharply while earnings remain resilient. The investment approach is to gradually build exposure over…
Nifty gains on weekly expiry as broad-based buying offsets lingering concerns
Closing bell | Markets staged a sharp rebound with Sensex surging 1,500 points and Nifty closing above 22,900, led by broad-based buying across sectors, while midcap and smallcap indices rose nearly 3% each.
Powerica IPO: Chairman Bharat Oberoi bets on data centres, wind power to drive growth
Mumbai-based integrated power solutions provider Powerica is targeting steady growth of 10–12% driven by rising demand from data centres and infrastructure, while expanding its higher-margin wind power business. Chairman Bharat Oberoi said the company plans to become debt-free using IPO…