JSW Infra to acquire 51% stake in Oman port SPV; commits $419 mn for development
JSW Infrastructure will acquire a 51% stake in an Oman port SPV and invest $419 million in developing a 27-MTPA greenfield facility.
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CLSA says India could draw fresh global flows in 2026 as the North Asia AI trade cools
CLSA’s Alexander Redman expects the India–US tariff rate to ease in line with past patterns and said global risks include stretched US tech valuations, heavy capex by hyper-scalers and labour market weakness. Despite limited improvements in India’s absolute investment case,…
Exide Industries shares recover after management bets on strong demand growth led by GST cuts
Exide Industries expects Q3 to be stronger for both four-wheeler and two-wheeler volumes, with the Solar and Home UPS businesses also projected to expand at a faster pace.
GenAI will boost Indian IT instead of disrupting it, says CLSA
CLSA’s Sumeet Jain highlighted the need for capability-led M&A and large-scale investments, such as TCS’s planned $5–7 billion data centre push.
BofA says the worst of Nifty earnings cuts is over, financials still the cheapest sector
According to Amish Shah, Head of India Research at BofA Global Research, the Nifty target stays at 25,000–26,000 for this calendar year.
CLSA sees slow revival in quick service restaurants but stronger trends in durables and alcobev
CLSA’s Senior Research Analyst Aditya Soman highlights strong momentum in alco-bev, and rising demand for consumer durables, calling premiumisation a major structural growth driver for the category.
Euro Pratik Sales shares surge 5% after acquiring majority stake in Uro Veneer World for ₹76.5 crore
The acquisition includes a capital infusion of ₹10.2 crore in the firm. Euro Pratik Sales said the acquisition marks its entry into the B2C segment, strengthening its presence beyond its distribution-led model.
NBCC wins construction order worth nearly ₹500 crore in Jharkhand; Stock gains
NBCC also recently reported results for the September quarter and the board approved an interim dividend along with it.
India restricts precious metal jewellery imports till April 30, 2026: Report
According to the GJEPC half-yearly report for FY26, India imported $ 1,134 million worth of finished jewellery—including gold, silver, platinum and other categories—during April–September 2025, compared with $1,536 million in the same period of FY25.
Groww market cap hits ₹1 lakh crore, stock now up 64% from IPO price
Shares of Groww made their stock market debut on Wednesday, listing at a 12% premium in comparison to their issue price. The stock went on to close its trading debut with gains of 30%.