Powergrid greenlights ₹5,000 crore loan, approves ₹234 core substation security project

Shares of Power Grid Corporation of India Ltd ended at ₹295.25, down by ₹3.95, or 1.32%, on the BSE.

Shares of Power Grid Corporation of India Ltd ended at ₹295.25, down by ₹3.95, or 1.32%, on the BSE.

The initial public offering (IPO) of Delhi-based air freight forwarding and logistics company Skyways Air Services Ltd will open for subscription on March 18. CMD Yashpal Sharma said trade volumes have not seen any major decline so far, even as…

TruHome Finance, backed by Warburg Pincus, filed its DRHP with SEBI to raise ₹3,000 crore via IPO, including a fresh issue of ₹1,500 crore and an OFS by Mango Crest.

The G7 nations are monitoring the Iran war’s impact on energy markets, ready to use reserves if needed. Brent oil futures surged due to Middle East output cuts and Hormuz’s closure.

Gold and silver prices have declined despite geopolitical tensions, with MCX gold at ₹1,60,638 per 10 grams and MCX silver at ₹2,64,700 per kg. The strong US dollar and profit-booking are key factors.

Shares of Minda Corporation Ltd ended at ₹497.35, down by ₹23.05, or 4.43%, on the BSE.

India’s food-service sector faces disruption due to a shortage of commercial LPG cylinders, risking restaurant shutdowns and impacting listed food-delivery platforms.

Shares of Akzo Nobel India Ltd ended at ₹2,720.00, down by ₹48.60, or 1.76%, on the BSE.

HDFC Capital sold a 1.8% stake in Arvind SmartSpaces for ₹41 crore. Pirojsha Godrej bought 8.2 lakh shares at ₹498 each. Shares fell 1.04% to ₹502.50.

US stocks fell sharply Monday as oil prices surged above $100 a barrel, raising stagflation fears. The Dow dropped 700 points, S&P 500 fell 1.2%, and Nasdaq slipped 1%.