Tamilnad Mercantile Bank Q4 update: Total business rises 17% on strong advances growth
Tamilnad Mercantile Bank posts steady Q4 business update with strong CASA growth, rising advances and deposits, and continued momentum after a healthy Q3.
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Tax burden, currency hit weigh on FII flows; RBI delay offers limited relief: Rajesh Baheti
Rajesh Baheti, MD of Crosseas Capital Services, says foreign investor flows into India remain under pressure due to structural tax disadvantages, including capital gains taxation and currency-related losses. He adds that while regulators are curbing speculative activity, the lack of…
Happiest Minds may launch its first Agentic AI for engineering soon
Happiest Minds Technologies is weeks away from launching an agentic service delivery platform, the outcome of the firm’s 18-month bet on artificial intelligence, which is moving from strategy to product. Sources say the new platform will be the ₹5,800-crore software…
Markets have priced in oil risks; earnings impact may last 1-2 quarters: Devang Mehta
Devang Mehta, Deputy MD & CIO-Equity NDPMS at Spark Private Wealth Management, says elevated crude prices and a weak currency remain key market headwinds, though much of the risk is already priced in after sharp March corrections of 12–20%. He…
Here’s why Rain Industries shares jumped over 8% on Wednesday
Rain Industries shares surged over 8% after its Canada unit, along with Green Graphite Technologies, completed a graphite project aimed at strengthening EV battery supply chains and reducing import dependence.
APL Apollo shares cool sharply from highs after missing volume growth guidance
For the full financial year, APL Apollo reported an overall sales volume growth of 11% from last year to 34.91 lakh tonnes.
Closing Bell | Markets snap two-day losing streak but 23,000 remains a barrier for Nifty
Closing Bell | Indian markets snapped a two-day losing streak, with the Sensex rising 1,187 points and Nifty nearing 22,700, led by heavyweights, while broader markets outperformed with strong buying across sectors.
Ashok Leyland shares fall 7% from the highs after March sales miss expectations
After reporting strong numbers for the last few months, Ashok Leyland shares had surged to 52-week high levels in February this year, even crossing the mark of 200.
Eternal shares gain 4% after launching Blinkit services at Mumbai T2 airport
The stock is in focus after Blinkit launched its quick commerce service at Chhatrapati Shivaji Maharaj International Airport, marking a first-of-its-kind initiative for the segment globally.
Bharat coking coal raw coal production rises in March, offtake falls 24%; Shares gain 7%
Coking coal production, which forms the bulk of BCCL’s output, increased 3.6% to 4.22 MT, compared with 4.07 MT in the same month last year. However, non-coking coal production declined sharply by 22.9% to 0.20 MT from 0.26 MT a…