Business

19

Feb

By The Press Editor

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Business

Auto stock jumps nearly 20% despite weak market, check share price and other details

Mumbai: Even as benchmark indices declined more than 1 per cent, shares of Pavna Industries Limited traded in the green on Thursday. The company, which supplies auto components to major automakers including Bajaj, Kawasaki, Honda, TVS, Mahindra, Escorts and Royal Enfield, saw strong buying interest during the session. The stock opened in the red at Rs 23.40 against the previous close of Rs 23.74 on the BSE. However, it rallied to an intraday high of Rs 28.45, marking a gain of 19.83 per cent. At the time of the last trade, the scrip was quoting at Rs 25.28, up 6.49…

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19

Feb

By The Press Editor

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Business

Smallcap stock under Rs 50 defies market trends, hits 5% upper circuit: Check details

Mumbai: Shares of Spice Lounge Food Works Ltd, a small-cap company with a market capitalisation of Rs 2,613.51 crore, hit the 5 per cent upper circuit on Thursday, even as broader markets remained volatile. Prior to this, the stock had declined for five consecutive trading sessions. The counter has delivered a 164 per cent return over the past year, more than doubling investors’ money. The counter started the trading session in the red at Rs 33.93 against the previous close of Rs 35.71. However, it rebounded and touched the high of Rs 37.49.  Stock performance overview According to BSE Analytics,…

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19

Feb

By The Press Editor

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Business

Reliance to invest Rs 10 lakh crore in AI over next 7 years, says Mukesh Ambani

New Delhi: Billionaire Mukesh Ambani on Thursday said that Jio, along with Reliance Industries Ltd (RIL), will invest Rs 10 lakh crore over the next seven years, starting this year, to build AI capabilities and infrastructure. The investment underscores the group’s long-term commitment to advancing AI in India. He also said his group aims to reduce the cost of AI, just as it lowered the cost of mobile data in India. Emphasising that making AI affordable will be crucial in ensuring widespread adoption and equitable access, Ambani said the best of AI is yet to come and that the technology…

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19

Feb

By The Press Editor

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Business

TCS shares gain as TATA Group partners with OpenAI to build AI infrastructure with 100MW capacity

Mumbai: Shares of IT major Tata Consultancy Services (TCS) gained on Thursday after the company informed exchanges that Tata Group and OpenAI have announced a multi-dimensional strategic partnership. The stock opened in the green at Rs 2,716.25 against the previous close of Rs 2,694.60 on the BSE. It surged further to touch an intraday high of Rs 2,748, marking a gain of 1.98 per cent. At the time of last trade, the scrip was quoting at Rs 2,706.90, up 0.46 per cent, even as the BSE declined 647.85 points or 0.77 per cent to 83,086.40. The company’s market capitalisation stood…

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19

Feb

By The Press Editor

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Business

Gold, silver prices fall on MCX as dollar strengthens, recover later | Check city-wise rates

Mumbai: Rates of precious metals in futures trade ticked lower on Thursday, February 19, 2026, as the US dollar strengthened ahead of the key US inflation data. The gold April 2 contract on the Multi Commodity Exchange (MCX) opened with a fall of Rs 629 or 0.40 per cent at Rs 1,55,761 per 10 grams against the previous close of Rs 1,55,761. It dipped further to hit the low of Rs 1,55,116, before rebounding and touching the high of Rs 1,56,357 a gain of Rs 596 or 0.38 per cent. Last seen, the precious metal futures were trading at Rs…

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19

Feb

By The Press Editor

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Business

IRCTC to Alkem Laboratories: These shares to trade ex-date soon, check dividend amount and other details

Mumbai: Indian equity benchmark indices Sensex and Nifty ended the session on a firm note, driven by last-hour buying in bank, metal and FMCG shares. The Nifty ended 93.95 points higher at 25,819.35, while the Sensex was up by 283.29 points at 83,734.25. Foreign Institutional Investors (FIIs) remained buyers and bought equities worth Rs 1,154.34 crore. Domestic Institutional Investors (DIIs) also bought equities worth Rs 440.34 crore. Amid this volatility, there is an opportunity for investors to earn some additional profit from their investment as stocks of several companies are set to trade ex-date for dividends. Investors must note that…

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19

Feb

By The Press Editor

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Business

Market Opening Bell: Sensex jumps over 235 points, Nifty above 25,850, IT stocks rebound

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in green on Thursday, February 19, 2026, amid strong global cues. While the 30-share BSE Sensex gained 235.57 points to start the session at 83,969.82, the Nifty added 54 points to open at 25,873.35. In the last trading session, the Sensex closed at 83,734.25 and the Nifty 50 at 25,819.35. Similarly, the broader indices traded in the green in the opening session. While the BSE Midcap Select Index gained 5.50 points, or 0.03 per cent, in the early trading session, the BSE Smallcap Select Index was up by 32.45 points…

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18

Feb

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Business

What happens if jewellery gets stolen from bank locker? Know your rights, rules and compensation options

New Delhi: A bank locker is generally considered the most trusted place to store valuable jewellery and important documents. However, if items get stolen from the locker itself, what options are available to the customer? How much responsibility does the bank hold and how can compensation be claimed? There is often confusion around these questions. Here is what the rules say and what steps you must take if your valuables are stolen. A bank locker is a secure metal box kept inside the strong room or vault of a bank. This facility is meant for customers who want to store…

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18

Feb

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Business

Coal India to ONGC: Shares of these companies to trade ex-date today, check dividend amount and other details

Mumbai: Indian equity markets traded with a mildly positive yet cautious undertone and ended Tuesday's session on a positive note.  The Nifty ended 42.65  points higher at 25,725.40, while the Sensex was up by 173.81 points at 83,450.96. Foreign Institutional Investors (FIIs) turned buyers in the last trading session and offloaded equities worth Rs 995.21 crore. Domestic Institutional Investors (DIIs) too bought equities worth Rs 187.04 crore. Amid this volatility, there is an opportunity for investors to earn some additional profit from their investment as stocks of several companies are set to trade ex-date for dividend. Investors must not that…

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18

Feb

By The Press Editor

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Business

EPFO likely to keep PF interest rate unchanged at 8.25% for FY26: Here’s what it means for subscribers

Mumbai: Millions of salaried employees across the country may continue to earn 8.25 per cent interest on their provident fund deposits in the financial year 2025–26 (FY26). According to sources, the Employees' Provident Fund Organisation (EPFO) is planning to keep the interest rate unchanged for now. The final decision is expected to be taken at a meeting scheduled for March 2. If approved, this will mark the third consecutive year that EPF subscribers receive an 8.25 per cent return. The move is significant for over 6 crore account holders, as stable returns make retirement planning more predictable. Why EPFO may…

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