Natco Pharma’s shares fell following a 57% drop in June-quarter profits driven by weaker lenalidomide sales, with the company planning to raise up to Rs 2,000 crore to counteract ongoing export pressures and earnings volatility. Natco Pharma’s shares fell in…
Jefferies maintains a bullish outlook on Gateway Distriparks, highlighting the recent completion of the Western Dedicated Freight Corridor as a key driver for accelerating earnings and capacity expansion in India’s logistics sector. Jefferies has kept a bullish view on Gateway…
Shares of Mahanagar Gas are poised for increased investor attention as the city gas distributor recommends a hefty Rs 18 per share final dividend, contingent on shareholder approval, with the ex-dividend date set for August 18, 2026. Shares of Mahanagar…
A surge in small and mid-cap stocks, with Apex Frozen Foods and Galaxy Surfactants leading the gains, reflects heightened investor interest amid company-specific news and broader risk-on sentiment. Friday’s market action saw a cluster of small and mid-cap names lock…
Parliament’s Standing Committee on Finance urges India to implement a tiered merchant discount rate for higher-value UPI transactions, citing financial sustainability concerns amid rising infrastructure costs and limited government support. Parliament’s Standing Committee on Finance has urged India to move…
The Employees’ Provident Fund Organisation will host a live session on August 18 to directly address members’ questions on pension claims, benefits, and unclaimed funds, amid ongoing efforts to streamline digital services and clarify complex rules. The Employees’ Provident Fund…
Tata Sons is in the early stages of planning a leadership transition as Chairman N Chandrasekaran’s term concludes, with internal contenders including long-serving insiders and family members, amid ongoing governance discussions and potential external candidates. Tata Sons has begun preparing…
The Indian rupee closed slightly stronger at 95.42 against the US dollar, buoyed by a weaker dollar overseas, yet remains under pressure from rising crude prices and geopolitical tensions, with experts predicting a narrow trading range in the near term.…
India’s ambitious Viksit Bharat 2047 plan, championed by Prime Minister Narendra Modi, sets a long-term vision to elevate the country to a developed nation status by 2047 through inclusive growth, reforms, and innovation, despite facing significant structural challenges. India’s Viksit…
A timeline of seven key price points reveals how gold has reflected India’s economic shifts from independence through recent record highs, driven by domestic policies, global crises, and geopolitical uncertainties. For Indian households, gold has long been more than jewellery.…
