Central Bank of India partners with Canara Robeco AMC to distribute mutual fund products

Shares of Central Bank of India Ltd ended at ₹40.08, down by ₹0.35, or 0.87%, on the BSE.

Shares of Central Bank of India Ltd ended at ₹40.08, down by ₹0.35, or 0.87%, on the BSE.

Power Finance Corporation sold Saswad Transmission to Maharashtra State Electricity Transmission for ₹3.79 crore; shares fell 2% to ₹412.20.

Bharat Biotech International Ltd may launch an IPO to raise over 500 million dollars. The Hyderabad firm has delivered 9 billion vaccine doses and its portfolio includes Covid-19 and hepatitis B.
Paras Defence and Space Technologies Ltd launched Paras Semiconductors Private Ltd to enter India’s semiconductor sector, focusing on AI, HPC, and 3D packaging OSAT, holding a 70% stake.

According to Dhiraj Sachdev, CIO of Roha Venture, markets may continue to remain selective rather than broadly directional, with stock-specific opportunities emerging after the correction. Investors, he said, should prioritise sustainable earnings growth and valuation discipline while navigating volatility.

GMDC has received environmental clearance for its Lakhpat–Punrajpur lignite and limestone mine in Kutch, strengthening long-term production visibility and expanding its mineral resource base in Gujarat.

Seshadri Sen, Head of Research & Strategist at Emkay Global Financial Services, says the IT sell-off has overshot fundamentals, creating a tactical opportunity in large-cap names. Despite AI disruption, firms will still need IT vendors for integration and deployment, and…

The fall in blue-chip stocks deepened after the Nifty 50 slipped below its 200-day moving average. With the latest downturn, all gains recorded after the Union Budget 2026 have been wiped out.

Zydus Lifesciences’ in-licensed pembrolizumab biosimilar met the primary endpoint in a pivotal PK study, paving the way for a near-term USFDA filing and entry into the North American market.

Coal India Limited assures readiness for summer demand with 175.5 MT coal available, record stocks at pitheads and power plants, aiming to reduce imports amid rising international prices.