Business

Keep abreast on today’s most important business news. Investigate trends, insights, and professional research to maintain your company’s lead in a cutthroat industry.

Budget Delhi 2026-27: CM Rekha Gupta presents Rs 1.03 lakh crore budget – Check key announcements
24
Mar
By The Press Editor
0 Comments
Business

Budget Delhi 2026-27: CM Rekha Gupta presents Rs 1.03 lakh crore budget – Check key announcements

New Delhi: Delhi Chief Minister and Finance Minister Rekha Gupta on Tuesday presented a Rs 1,03,700 crore Budget for the financial year 2026-27. While presenting the Budget, the Chief Minister stressed that the national capital is progressing rapidly with the "triple engine" government. Describing it as a "green budget", she said the city is passing through a phase of transition and flagged that a "culture of freebies" had affected the growth rate, adding that the period between 2018 and 2020 saw a fall in revenue.ย  Here are the key announcementsย  A provision of Rs 11,266 crore has been made for…
Read More
IT stock gains over 6% post order from Central Electronics Limited, check share price
24
Mar
By The Press Editor
0 Comments
Business

IT stock gains over 6% post order from Central Electronics Limited, check share price

Mumbai: Shares of IT company Blue Cloud Softech Solutions Ltd are in action amid a surge in the stock market today, i.e. on March 24, 2026, after US President Donald Trump announced a temporary halt on strikes targeting Iranian energy infrastructure. The 30-share BSE Sensex jumped 1,516 points to 74,212.47 in early trade. The 50-share NSE Nifty surged 386.95 points to 22,899.60. Amid this, the stock opened in the green at Rs 19.16, up from the previous close of Rs 18.31 on the BSE. The counter gained further and touched the intraday high of Rs 19.50, representing a gain of…
Read More
Powerica IPO open for subscription: Check latest GMP, price band and other details
24
Mar
By The Press Editor
0 Comments
Business

Powerica IPO open for subscription: Check latest GMP, price band and other details

Mumbai: The initial public offering (IPO) of power solutions provider Powerica Ltd received a tepid response from investors on the first day of bidding on Tuesday, i.e., March 24, 2026. It has received just 1 per cent subscription so far. According to NSE data, the IPO got bids for 2,06,793 shares against 2,05,55,171 shares on offer. The portion for Qualified Institutional Buyers (QIBs) has so far not received any subscriptions. The category for Retail Individual Investors (RIIs) received 2 per cent subscription and the quota for non-institutional investors got subscribed 1 per cent. Mobilises Rs 329 crore from anchor investors…
Read More
Is commercial real estate a good investment amid volatility in share markets? Here’s what experts say
24
Mar
By The Press Editor
0 Comments
Business

Is commercial real estate a good investment amid volatility in share markets? Here’s what experts say

New Delhi: At a time when global markets are navigating renewed turbulence, triggered by ongoing Middle East conflicts, supply chain disruptions, and persistent inflationary pressures, most asset classes have shown visible signs of strain. Yet, almost unexpectedly, commercial real estate in India has held its ground. The sector has not been immune to global headwinds, but it has demonstrated a degree of resilience that stands out in the current climate. Even though capital has become selective, Grade A office assets have not exhibited the stress one would expect. According to a recent report by JLL, India recorded office leasing of…
Read More
Jewellery stock gains ahead of board meet to consider preference share redemption, check details
24
Mar
By The Press Editor
0 Comments
Business

Jewellery stock gains ahead of board meet to consider preference share redemption, check details

Mumbai: Shares of Motisons Jewellers Ltd, a Jaipur-based retail jewellery company, traded in the green ahead of the board meeting to consider the redemption of preference shares. The action in the stock also coincided with a strong rally in the benchmark indices, in line with a rally in global markets, after US President Donald Trump announced a temporary halt to strikes targeting Iranian energy infrastructure. The 30-share BSE Sensex jumped 1,516 points to 74,212.47 in early trade. The 50-share NSE Nifty surged 386.95 points to 22,899.60. Amid this rally, the counter opened in the green at Rs 12.53, up from…
Read More
Stock under Rs 300 jumps as company shares detail related to merger of its subsidiary
24
Mar
By The Press Editor
0 Comments
Business

Stock under Rs 300 jumps as company shares detail related to merger of its subsidiary

Mumbai: Shares of Godawari Power and Ispat Ltd are trading in the green after the company shared updates on its merger with its subsidiary, Godavari Energy Limited (GEL). In an exchange filing, the company said that the merger process is now complete and the company has received a certified copy of the order dated March 12, 2026, of the National Company Law Tribunal, Cuttack Bench ("NCLT"). The company stated that the merger became effective on March 23, 2026, meaning GEL is now fully integrated into the company. However, the planned date for this scheme was April 1, 2025. Share price…
Read More
Vedanta Interim Dividend: Stock to trade ex-date for 1100% dividend soon, check record date
24
Mar
By The Press Editor
0 Comments
Business

Vedanta Interim Dividend: Stock to trade ex-date for 1100% dividend soon, check record date

Mumbai: Stock markets have been quite volatile of late due to the ongoing conflict in the Middle East. Indian equity benchmark indices Sensex and Nifty tumbled in tandem with an extremely weak trend in global markets. Relentless foreign fund outflows and weakness in the rupee have also made investors risk-averse. The 30-share BSE Sensex dived 1,836.57 points, or 2.46 per cent, to settle at 72,696.39. During the day, it plunged 1,974.52 points, or 2.64 per cent, to 72,558.44. The 50-share NSE Nifty tanked 601.85 points, or 2.60 per cent, to end at 22,512.65. However, equity benchmark indices are expected to…
Read More
Delhi Budget LIVE: Delhi progressing rapidly with triple engine govt, says CM Rekha Gupta
24
Mar
By The Press Editor
0 Comments
Business

Delhi Budget LIVE: Delhi progressing rapidly with triple engine govt, says CM Rekha Gupta

New Delhi: Delhi Chief Minister Rekha Gupta is presenting the budget for the 2026-27 fiscal year in the Assembly. While presenting the budget, the Chief Minister said that Delhi's per capita income is the third highest in the country.ย She also said that the national capital is progressing rapidly with the triple-engine government. This is her government's second budget.ย  ย 
Read More
Market Opening Bell: Sensex surges 1,500 points, Nifty above 22,800 amid strong global cues
24
Mar
By The Press Editor
0 Comments
Business

Market Opening Bell: Sensex surges 1,500 points, Nifty above 22,800 amid strong global cues

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, rebounded on Tuesday, March 24, 2026, in tandem with global markets as US President Donald Trump said the United States has talked with Iran about a possible end to their war. While the 30-share BSE Sensex surged 1,516.08 points or 2.08 per cent to start the session at 74,212.47, the Nifty gained 365.8 points to open at 22,878.45. In the last trading session, the Sensex closed at 72,696.39 and the Nifty 50 at 22,512.65.ย Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index…
Read More