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MUMBAI: Shares of IDBI Bank fell as much as 16.5% on Monday to Rs 77. The decline wiped out over Rs 16,000 crore in market capitalisation after reports said govt may shelve bids for a majority stake in the lender because offers were below its minimum price expectations. Govt has been attempting to sell its…
NEW DELHI: Amid lobbying by car companies, govt may end up deferring the implementation of Corporate Average Fuel Efficiency norms (CAFE 3.0) beyond April 2027. The PM’s Office has held two meetings during the last three weeks and more deliberations on the issue are planned to work out a formula that is acceptable to industry…
NEW DELHI: Magicbricks has partnered with National Real Estate Development Council (NAREDCO) to institutionalise research-led conversations, structured policy dialogue, and large-scale knowledge dissemination across India’s real estate ecosystem. This collaboration is set to strengthen data-driven engagement in the system.\Coming at a time when the sector is transitioning from cyclical volatility to a more formalised and…
. NEW DELHI: HFCL has entered into a long-term supply agreement with an undisclosed company for high-quality, high-fibre-count Optical Fiber Cables (OFC) through its overseas wholly-owned subsidiary. It said the potential value was $1.1 billion. Ready to Make a Smarter Property Decision? Build Your Legacy with TOI Homes. Source link
Top stocks to buy (AI image) Stock market recommendations: MCX, Power Finance Corporation Limited, and BSE are the top stocks that Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan has recommended for buying on March 17, 2026.MCX : Buy in the range between Rs 2,555 & Rs 2,556; Stop Loss: Rs 2,425; Target: Rs…
Stock market today (AI image) Indian markets recovered on Monday, but analysts cautioned that volatility may persist as investors remain wary of geopolitical tensions in West Asia and fluctuations in global energy prices. The ongoing conflict continues to weigh on sentiment and keep overall risk appetite restrained.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited…
NEW DELHI: : WPI inflation inched up in Feb, led by rise in food and mineral product prices. Experts said elevated energy prices triggered by West Asia conflict could exert upward pressure. Inflation, as measured by wholesale price index rose annual 2.1% in Feb, higher than previous month’s 1.8%. Source link
NEW DELHI: Reliance Industries Limited (RIL) has entered into a binding long-term supply and purchase agreement (SPA), valued at over $3 billion, with Samsung C&T Corporation, for the supply of green ammonia over a 15-year period starting in second half of 2028-29. Source link
The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified changes in the foreign direct investment (FDI) policy to permit overseas companies with Chinese shareholding of up to 10 per cent to invest in India through the automatic route, subject to sectoral limits and conditions, PTI reported.However, the relaxation will not apply…
Mumbai: Walmart-backed PhonePe has paused its IPO amid volatility in the markets which have fallen by about 7% since the start of the West Asia conflict. In a statement on Monday, the fintech firm said that it will resume the listing process once there is some stability in global capital markets. “We sincerely hope for…
