[ad_1] In a major boost to the Indian Army and Indian Air Force (IAF), the Cabinet Committee on Security (CCS) on Friday approved the biggest-ever defence deal to procure 156 Light Combat Helicopters (LCH) from Hindustan Aeronautics Ltd (HAL). The deal, valued at ₹62,700 crore, marks the largest order ever received by HAL. The helicopters […]
Markets close | Sensex falls 192 points, Nifty at 23,519 as indices fail to hold gains – CNBC TV18
[ad_1] Indian shares failed to hold on to its opening gains and ended Friday’s trading session in the red, weighed down by losses in information technology and automobile stocks. The 30-share benchmark BSE Sensex declined 192 points to 77,415, while the broader 50-share NSE Nifty fell 73 points to 23,519. Banking gauge, the Nifty Bank […]
Top four IT firms wipe out $50 billion in investor wealth since January 2025 – CNBC TV18
[ad_1] India’s top four IT companies—Tata Consultancy Services, Infosys, HCL Technologies and Wipro—have collectively lost $50.5 billion (₹4.3 lakh crore) in market capitalisation during the first three months of 2025, driven by concerns over slowing global demand and cautious client spending. Among the four, Tata Consultancy Services, the largest IT firm, recorded the steepest decline, […]
IREDA raises JPY 26 billion ECB from SBI Tokyo to boost renewable energy projects – CNBC TV18
[ad_1] Indian Renewable Energy Development Agency Ltd (IREDA) has secured JPY 26 billion through external commercial borrowings (ECB) from the State Bank of India (SBI), Tokyo Branch, to accelerate renewable energy projects across India. The agreement, signed on March 27, 2025, includes a Green Shoe Option of JPY 10 billion, offering IREDA additional financial flexibility. […]
Madhu Kela sees $6-billion opportunity in this sector over the next three years – CNBC TV18
[ad_1] India’s Contract Research Development and Manufacturing Organisation (CDMO) industry is set for a significant boom, with an estimated $6 billion opportunity over the next three years, according to Madhu Kela, Founder of MK Ventures. He said that India currently holds just 4% of the global CDMO industry, presenting vast potential for growth. The total […]
BSE shares surge 11% after SEBI proposes exchanges to pick one out of two days for F&O expiry – CNBC TV18
[ad_1] Shares of the Bombay Stock Exchange (BSE) Ltd. surged as much as 11% on Friday, March 28, and are the top gainers on the Nifty 500 index. The move comes after market regulator Securities and Exchange Board of India (SEBI), in its consultation paper on Thursday evening, proposed to keep all equity derivative contracts […]
NSE defers plan to change its weekly expiry to Monday after SEBI consultation paper – CNBC TV18
[ad_1] The National Stock Exchange (NSE) has deferred its plan to change the day of expiring of its contracts to Monday after the release of the consultation paper from market regulator Securities and Exchange Board of India (SEBI) late Thursday evening. Currently, all the contracts on the NSE have their expiry on Thursday. “Members are […]
Max Ventures likely to sell 1.59% stake in Max Financial via block deals: Sources – CNBC TV18
[ad_1] Max Ventures Investment Holding is likely to offload up to 1.59% stake in Max Financial Services through block deals, according to CNBC-TV18 sources. The offer price is reportedly fixed at ₹1,117.6 per share, representing a 0.5% discount to the company’s current market price (CMP). The total size of the block deal is estimated at […]
Tariff uncertainty fuels equity market volatility, says Mark Matthews – CNBC TV18
[ad_1] There is significant market disruption caused by the US government’s fluctuating tariff policies, says Mark Matthews of Bank Julius Baer & Co. highlighting that the market’s discomfort with the constant changes and lack of clarity. “What we want is certainty, and what we don’t like is the uncertainty,” he remarked. The frequent adjustments to […]
Brightcom Group Trading Suspension: No definitive timeline yet on revocation – CNBC TV18
[ad_1] Brightcom Group Ltd., whose shares have been suspended from regular trading for over nine months now, shared another weekly update to the exchanges on Sunday, March 23, which did not include a definitive timeline for when its trading suspension will be revoked. In its weekly update, Brightcom Group shared that the National Stock Exchange […]