FPIs Offload $11 Billion in Indian Equities in Biggest Monthly Selloff Foreign Portfolio Investors (FPIs) have offloaded approximately $11 billion worth of Indian equities, marking the largest monthly selloff in recent times. The sharp outflow reflects shifting global investment trends, rising bond yields, and increasing risk aversion among international investors. The selloff has been driven […]

Adani Green Energy Gets Relief as Bombay High Court Rejects CBI Probe Plea Adani Green Energy Limited has received a significant legal relief after the Bombay High Court rejected a plea seeking a Central Bureau of Investigation (CBI) probe into alleged bribery claims against the company. The court’s decision brings clarity to the matter and

Quality Power Electrical Equipments Secures Major Battery Energy Storage System Order Quality Power Electrical Equipments Limited has announced that one of its units has received a significant order for the supply of a Battery Energy Storage System (BESS). The base order is valued at approximately ₹1.52 billion, with an option to scale up the contract

IDFC First Bank Expects Q4 Profit Despite Haryana Fraud Impact IDFC First Bank’s CEO has expressed confidence that the bank will report a profit in the fourth quarter, even after absorbing the full financial impact of the Haryana fraud incident during the same period. The statement reflects the bank’s strong underlying business performance and its

Bharat Dynamics Completes First Production Model of Advanced Akash Weapon System Bharat Dynamics Limited (BDL) has successfully completed the first-off production model of the advanced Akash Weapon System, marking a significant milestone in India’s indigenous defence manufacturing capabilities. The development represents a major step forward in strengthening the country’s air defence infrastructure. The advanced Akash

Sterlite Technologies Launches India’s First Hollow Core Fibre Cable Sterlite Technologies Ltd (STL) has announced the launch of India’s first hollow core fibre cable, marking a significant technological advancement in the country’s data communication infrastructure. The innovation is designed specifically for modern data centres and hyperscalers, where speed, efficiency, and low latency are critical. Unlike

OMCs Likely to Raise Jet Fuel Prices in April, Airlines Brace for Cost Pressure Oil marketing companies (OMCs) are expected to increase aviation turbine fuel (ATF) prices in April after holding back a hike in March. The anticipated revision comes amid rising global crude oil prices and persistent supply-side pressures, which have influenced fuel costs

Kaynes Technology Flags Headwinds in Consumer Segment, Working Capital Pressure Persists Kaynes Technology India has indicated that its consumer segment is likely to face near-term headwinds, reflecting broader demand challenges and evolving market conditions. The company highlighted that softness in consumer demand, along with cautious spending trends, could impact growth momentum in this segment over

REC Limited Approves ₹1.6 Lakh Crore Borrowing Plan for FY27 REC Limited has announced that its board has approved a comprehensive market borrowing programme of up to ₹1,60,000 crore for the financial year 2026–27. The plan is aimed at supporting the company’s growing lending requirements, particularly in the power and infrastructure sectors. The approved borrowing

Sammaan Capital Shares Surge After RBI Clears IHC Stake Acquisition Shares of Sammaan Capital rose over 6% after Abu Dhabi-based International Holding Company (IHC) received approval from the Reserve Bank of India (RBI) to acquire a 66.65% stake in the company. The development has been viewed positively by investors, driving strong buying interest in the