NTPC gets Cabinet nod to invest ₹20,000 crore in renewable energy arms
The Cabinet has cleared enhanced powers for NTPC to invest ₹20,000 crore in renewable energy ventures, marking a major push towards its 60 GW green energy goal by 2032.
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Indian IT has missed the tech wave, says Samir Arora
The Founder and Fund Manager at Helios Capital believes market returns will likely stay in the 10-12% range for now, as earnings growth remains subdued.
Sensex, Nifty end steady after rangebound trade; Midcaps under pressure
The NSE Nifty 50 rose 16 points to close at 25,212, while the BSE Sensex ended 64 points higher at 82,634. The Nifty Bank index gained 162 points to settle at 57,169, lending support to the headline index. The broader…
Stock Crash: Automaker falls 18% after cutting full year profit, margin guidance
Renault faces a leadership shift as well, with CEO Luca de Meo leaving to head Gucci-owner Kering SA. CFO Duncan Minto, who is also a company veteran, has been appointed interim CEO, while the search for a long-term leader is…
ITC Hotels Q1 Results: Profit, margins rise from last year
ITC Hotels Q1 Results: Revenue for the quarter stood at ₹815 crore, which is a growth of 15% from the ₹705 crore it had reported during the year-ago quarter.
SBI shares gain 2% after board approves ₹20,000 crore fund raise via bonds
Out of the 50 analysts that have coverage on SBI, 40 of them have a ‘Buy’ rating on the stock, while nine of them have a ‘Hold’ rating and one has a ‘Sell’ rating.
LT Foods shares gain as arm enters Europe’s B2C market, eyes ₹400 cr revenue
LT Foods’ organic arm, Nature Bio Foods, has forayed into the European retail market, targeting ₹400 crore revenue in 5 years.
Premier Explosives bags ₹105 crore export order for defence explosives
The order will be delivered within a period of 12 months, Premier Explosives said in an exchange filing.
Why NLC India shares spiked in trade today
Days after the CEO outlined a ₹1.25 lakh crore capex plan, including ₹65,000 crore for renewable energy, sources tell CNBC-TV18 that the government may approve the plan.
NSE shares are ‘undervalued’, fair value at ₹4,000, Axis Securities says
The brokerage is anticipating NSE to get its IPO approval by the third quarter of the current financial year, the filing to officially take place by the fourth quarter.