Taiwanese laptop maker ASUS expects locally manufactured laptops to account for 30% of its India sales this year, up from 10% last year, as it deepens its partnership with Dixon Technologies. The company is also expanding aggressively beyond metros, betting…
Foreign investor selling in Indian equities reached an all-time high amid MSCI index changes, even as softer market valuations and hopes of reforms keep expectations of a return in overseas flows alive.
Shares of PNC Infratech Ltd ended at ₹206.80, up by ₹2.30, or 1.12%, on the BSE.
As a result of this optimism, Indian IT stocks saw gains of anywhere between 2% to 4% on Monday, becoming the only sectoral index that lent some support to the benchmark index while most other sectors underperformed.
Ola Electric’s volumes in April and May were at 27,462 units. The company has given a volume guidance of 40,000 to 45,000 units in the first quarter of the financial year 2027. Its volumes need to be more than 12,540…
Royal Enfield reported a 15% rise in May motorcycle sales to 103,231 units, driven by strong domestic demand, while exports fell 33%. VECV, Eicher Motors’ commercial vehicle joint venture, posted a 7.8% increase in sales during the month.
The Sensex fell 508 points to close at 74,267, while the Nifty declined 165 points to settle at 23,383, slipping below the 23,400 mark. Market breadth remained weak, with declines outpacing advances and the NSE advance-decline ratio standing at 1:2.
Including exports, Ashok Leyland’s total M&HCV sales declined 12.8% to 8,966 units from 10,282 units a year ago, while total LCV sales increased 14.5% to 5,957 units.
Citi said that profit for the March quarter exceeded expectations, aided by higher deliveries to hyperscale data centre customers. It said that both hyperscaler and colocation demand have strengthened, while non-data centre power generation demand has remained resilient due to…
Gold and silver prices in India drop sharply as global bullion weakens, oil surges and geopolitical tensions rise, investors eye gold ETFs and funds.