India fund outflows continue, but case for return is slowly building
Global investors are rotating within emerging markets, and India is on the losing side for now. But currency moves and valuation resets could start changing that trend.
admin
NSE likely to launch gas contracts by June quarter
Sources indicate NSE is set to launch Indian natural gas contracts by next quarter after SEBI approval, stepping up competition for MCX. MCX currently dominates with over 95% share in non-agri commodities and 85–90% overall. NSE is also expanding in…
Sunil Bharti Mittal to retire as Airtel Africa chair; Gopal Vittal to take over
Sunil Bharti Mittal to retire as Airtel Africa chairman in July 2026; Gopal Vittal named successor as company outlines board succession plan amid leadership transition and governance continuity focus.
Puravankara shares jump 8% as company unveils ₹55,000 crore project pipeline
Puravankara shares rise over 8% after company unveils 30 projects across South India and Mumbai with GDV exceeding ₹55,000 crore over 24 months, signalling a strong expansion pipeline.
Powerica IPO sees muted response; GMP slips, subscription remains weak
As of 11:55 am on March 25, the issue was subscribed 2%, according to NSE data. The retail individual investors (RIIs) portion saw 3% subscription, while the non-institutional investors (NIIs) segment was subscribed 1%. The qualified institutional buyers (QIBs) portion…
Kotak Mahindra Bank files police complaint after Panchkula municipal corporation flags FD discrepancy
Kotak Mahindra Bank probes Panchkula municipal corporation FDR discrepancies of about Rs 150 crore as Haryana State Vigilance Bureau reviews after IDFC First Bank fraud.
Avantel shares jump 12% on ₹460 crore satellite communication equipment order win
Avantel Ltd jumps after winning ₹459.9 crore Zetwerk contract for satellite communication systems and maintenance, adding to Februarys ₹122.58 crore NewSpace India Ltd order.
Delhivery ‘bull’ says headwinds are behind, sees up to 43% upside
23 analysts have coverage on Delhivery, of which 19 have a “buy” rating, three say “hold” and one has a “sell” rating on the stock. The consensus estimates of price targets implies an upside potential of 22% from current levels.
Earnings cuts, capex delay loom as oil stays high: Nomura
Aurodeep Nandi, India Economist and Executive Director at Nomura, has trimmed India’s FY27 real GDP growth estimate to around 7%, while raising inflation forecasts.
Here’s why shares of MGL and other city gas players surged up to 6% on Wednesday
The Centre has notified a new “switch to PNG” framework that lays down uniform rules for city gas distributors to roll out gas pipelines.