Return of the FIIs? Biggest buy of 2025; Nifty, rupee hit purple patch
Foreign institutional investors (FIIs) staged a strong comeback, making their highest equity purchase of 2025 at ₹7,470 crore on March 21. Markets rebounded sharply, adding…
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Reliance Industries acquires 74% stake in Nauyaan Shipyard for ₹382.73 crore
With this transaction, Nauyaan Shipyard Private has become a step-down subsidiary of RIL. Shares of Reliance Industries Ltd ended at ₹1,276.45, up by ₹7.90, or…
RBI imposes ₹36-lakh penalty on IDBI Bank for FEMA violation
RBI clarified that the penalty was imposed for compliance deficiencies and did not impact the validity of the bank’s transactions with its customers. Shares of…
FPIs withdraw $1.4 billion from IT & Consumer Staples in March’s first half
Foreign portfolio investors (FPIs) offloaded $1.4 billion from Indian IT and FMCG stocks in the first half of March, driven by concerns over a US…
Allied Blenders gets nod for 15 lakh-bulk litre capacity expansion in Telangana
This addition raises the company’s total licensed capacity to 615 lakh bulk litres at its facility in Rangapur, Telangana. Shares of Allied Blenders and Distillers…
L&T elevates Subramanian Sarma to deputy MD and president
Sarma, who currently serves as wholetime director and president of energy, has over 40 years of experience, with 30 years being in the Middle East.…
MSTC bags a two-year e-auction service contract from Coal India
The contract, which spans two years, involves MSTC facilitating online auctions for CIL and its subsidiaries. Shares of MSTC Ltd ended at ₹518.95, up by…
Mahindra SUVs to get costlier, prices to rise by up to 3% from April
The announcement comes as several automakers revise prices to counter rising production costs. Ahead of the announcement, shares of Mahindra & Mahindra closed at ₹2,799.30,…
NSE launches dedicated website for municipal bonds: All you need to know
The website will act as a centralised hub for investors, policymakers, and market participants, offering structured insights into municipal bond issuances, credit ratings, trading volumes,…
NMDC strike ends as unions withdraw protest, normal operations resume
The ongoing strike at NMDC has ended after trade unions called off their protest over wage settlement. Normal operations have resumed across all projects.