Business

09

Apr

By The Press Editor

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Business

OLA Electric Share Price: EV stock surges over 16% despite weakness on Dalal Street, here’s why

Mumbai: Shares of Ola Electric Mobility continued their upward trend on Thursday, even as benchmark indices Sensex and Nifty tumbled in early trade amid concerns of a potential ceasefire breach. The 30-share BSE Sensex dropped 243.57 points to 77,319.33 in opening trade, while the 50-share NSE Nifty shed 88.3 points to 23,909.05. Despite this weakness, shares of Ola Electric started the trading session in the green at Rs 30.49 against the previous close of Rs 30.29 on the BSE. 

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09

Apr

By The Press Editor

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Business

TCS Quarterly Results: IT stock in focus ahead of Q4 results today, may declare final dividend – Details

Mumbai: Shares of the country's largest IT services company, Tata Consultancy Services Ltd (TCS), will be in focus on Thursday, April 9, 2026, as the company is set to announce its March quarter results today. According to experts, the Indian IT sector is expected to have another muted quarter. Meanwhile, the Nifty IT index has underperformed, declining around 24 per cent over the past three months, led by the AI-induced disruptions narrative and protracted growth recovery. Along with the financial results, the board of directors of the company will also consider and may recommend a final dividend for the financial…

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09

Apr

By The Press Editor

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Business

Market Opening Bell: Sensex drops 243.57 points, Nifty holds 23,900 as crude oil prices inch up

Mumbai: A day after a strong recovery, Indian equity benchmark indices, the Sensex and Nifty, started the trading session on a negative note on Wednesday, amid weak global cues and rising crude oil prices amid doubts about a full supply recovery from the Middle East. While the 30-share BSE Sensex dipped 243.57 points or 0.31 per cent to start the session at 77,319.33, the Nifty shed 88.3 points to open at 23,909.05. In the last trading session, the Sensex closed at 77,562.90 and the Nifty 50 at 23,997.35. Similarly, the broader indices traded in the red in the opening session.…

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08

Apr

By The Press Editor

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Business

PNG gets costlier as Indraprastha Gas Limited increases price by Rs 1.7 per SCM

New Delhi: Amid the ongoing conflict in the Middle East, Indraprastha Gas Limited (IGL) has increased the price of piped natural gas (PNG) in several cities, including Delhi-NCR. The price increase comes as the government has been pushing for greater adoption of piped natural gas amid disruptions to LPG (liquefied petroleum gas) supplies. The government has prioritised the adoption, as PNG is considered more convenient than LPG cylinders for everyday use, as gas is delivered through a pipeline directly to the home without the botheration of booking refills. Price hiked by Rs 1.70 per SCM The price of PNG in…

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08

Apr

By The Press Editor

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Business

Gold surges above Rs 1.54 lakh per 10 gram on MCX, silver too jumps on US-Iran ceasefire | Check city-wise rates

Mumbai: Rates of precious metals in futures rebounded on Wednesday, April 8, 2026, 2026 as crude oil prices fell below the USD 95 mark after the US and Iran announced a two-week ceasefire. The gold June 5 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 3,261 or 2.16 per cent at Rs 1,53,301 per 10 grams against the previous close of Rs 1,50,289. It later gained further to hit the high of Rs 1,54,934, a jump of Rs 4,645 or 3.09 per cent. Last seen, it was trading at Rs 1,53,850, up Rs 3,561 or…

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08

Apr

By The Press Editor

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Business

Lucknow to Kanpur in just 30 minutes: New expressway set to transform everyday travel

Lucknow: The Ministry of Road Transport and Highways (MoRTH) has built several expressways that have significantly reduced travel time between cities. One such project is the Lucknow-Kanpur Expressway, which will connect two of the most important cities of Uttar Pradesh. The 63-km-long Lucknow-Kanpur Expressway, a dream project of NHAI, is now ready and will completely transform the travel experience between these two cities. Travel time to reduce significantly Until now, travelling by road between Lucknow and Kanpur has taken 1.5 to 3 hours due to heavy traffic and congestion. However, this new 63-kilometre expressway will reduce the travel time to…

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08

Apr

By The Press Editor

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Business

Renewable energy stock surges 5% as solar push gains momentum, check share price

Mumbai: Shares of Renewable energy player RDB Infrastructure and Power gained 5 per cent on Wednesday amid a rally in the benchmark indices, following a ceasefire announced by the United States and Iran that sent Brent crude oil prices lower. The counter opened gap up with a gain of 4.99 per cent at Rs 34.48 against the previous close of Rs 32.84 on the BSE. However, the counter witnessed some profit booking at higher levels and fell to touch the intraday low of Rs 33.50. However, it bounced back and last seen the stock was trading at Rs 34.47 with…

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08

Apr

By The Press Editor

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Business

FMCG stock gains after 6 days of consecutive fall hits 5% upper circuit – Check share price

Mumbai: Shares of Elitecon International, a diversified FMCG enterprise, rebounded on Wednesday amid a sharp rally in the benchmark indices Sensex and Nifty after the US and Iran announced a two-week ceasefire. The stock opened in the red at Rs 37.46, down from the previous close of Rs 39.43 on the BSE. However, amid a spurt in trading volume by more than 30.96 times, the counter gained 5 per cent and was locked in an upper circuit. Last seen, the stock was trading at Rs 40.13 with a gain of Rs 0.70 or 1.78 per cent. The market cap of…

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08

Apr

By The Press Editor

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Business

156% return in 1 year: Shares of KMEW gain over 5% post this update, check details here

Mumbai: Shares of Knowledge Marine and Engineering Works Ltd, which is into dredging, repairs, and maintenances of marine crafts and marine infrastructure, surged over 5 per cent on Wednesday after the company informed exchanges about the commissioning of River Pearl 47, the largest and deepest Indian-flag, self-propelled backhoe dredger, at Jawaharlal Nehru Port Authority (JNPA) under contract with the Dredging Corporation of India. The counter opened gap up at Rs 1750.95, representing a gain of 5.46 per cent from the previous close of Rs 1,660.30 on the BSE. However, it later dipped amid profit booking and touched the intraday low…

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08

Apr

By The Press Editor

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Business

AERA announces 25% cut in flight landing, parking charges for 3 months – Will flights get cheaper?

New Delhi: To provide immediate relief to the aviation sector, the Airports Economic Regulatory Authority of India (AERA) has announced a major decision. According to AERA, landing and parking fees for domestic flights have been reduced by 25 per cent at all major airports across the country. This reduction is effective immediately and will remain in effect for the next three months. After three months, AERA will review market conditions, airlines' financial positions, and industry challenges before deciding on further charges. The tariff follows the government's directive to the authority in view of the ongoing West Asia crisis, the order…

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