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Stock under Rs 300 jumps as company shares detail related to merger of its subsidiary
24
Mar
By The Press Editor
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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…
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Vedanta Interim Dividend: Stock to trade ex-date for 1100% dividend soon, check record date
24
Mar
By The Press Editor
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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…
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Delhi Budget LIVE: Delhi progressing rapidly with triple engine govt, says CM Rekha Gupta
24
Mar
By The Press Editor
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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 
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Market Opening Bell: Sensex surges 1,500 points, Nifty above 22,800 amid strong global cues
24
Mar
By The Press Editor
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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…
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Health sector stock in focus on acquisition update, check details here
23
Mar
By The Press Editor
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Business

Health sector stock in focus on acquisition update, check details here

Mumbai: Shares of Park Medi World Ltd are in focus after the company announced the completion of the acquisition of KP Institute of Medical Sciences (KPIMS) in Agra. In its latest exchange filing after market hours on Friday, the company informed investors that it had earlier acquired a 100 per cent stake in KPS Wellness Private Limited. It has now also successfully completed the acquisition of SVPD Healthcare Private Limited on March 20, 2026. SVPD Healthcare Becomes Wholly Owned Subsidiary The company stated that following the acquisition, SVPD Healthcare Private Limited has become a wholly owned subsidiary of Park Medi…
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USD 2 trillion wiped out in few hours amid sharp fall in gold and silver, full details here
23
Mar
By The Press Editor
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Business

USD 2 trillion wiped out in few hours amid sharp fall in gold and silver, full details here

New Delhi: Gold and silver, generally considered the safest assets in the global market, have suddenly fallen, shocking investors. Market research firm The Kobeissi Letter has termed it a "rare and historic liquidity shock". In just three hours of fast and volatile trading, nearly USD 2 trillion was wiped off the market value of precious metals. Surprisingly, this fall came at a time when crude oil prices were cooling, and US stock market futures were in the green, whereas gold and silver usually rise in a war environment. Major reasons for the decline Bond yields surge: The US 10-year…
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Global crude prices plunge 14% after Trump halts strikes on Iran’s power plants
23
Mar
By The Press Editor
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Business

Global crude prices plunge 14% after Trump halts strikes on Iran’s power plants

Washington: Global crude prices plunged as much as 14 per cent on Monday after rising one per cent earlier in the day, following US President Donald Trump's statement that he has directed the American military to hold off strikes on Iranian power plants and energy infrastructure for at least five days. The development comes, Trump said, after the two sides held "productive" and "very good" talks for the past couple of days. "Based On The Tenor And Tone Of These In Depth, Detailed, And Constructive Conversations, Witch Will Continue Throughout The Week, I Have Instructed The Department Of War To…
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Sensex sinks 1,836.57 points, Nifty ends near 22,500, investors lose 13.74 lakh crore
23
Mar
By The Press Editor
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Business

Sensex sinks 1,836.57 points, Nifty ends near 22,500, investors lose 13.74 lakh crore

Mumbai: Amid ongoing tensions in the Middle East, the domestic stock market continues to decline sharply. On the first day of the week, the Indian stock market fell by 2.5 per cent. While the BSE Sensex closed at 72,696.39 points with a decline of 1836.57 points (2.46 per cent), the NSE Nifty 50 index fell by 601.85 points (2.60 per cent) to close at 22,512.65 points - its lowest level since April 9, 2025. This fall has led to the loss of 13.74 lakh crore. During the day, the Sensex touched a low of 72,558.44, representing a fall of 1,974.52…
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Gold logs its worst week in over 40 years, is the worst over yet? Here’s what investors must know
23
Mar
By The Press Editor
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Business

Gold logs its worst week in over 40 years, is the worst over yet? Here’s what investors must know

Mumbai: Gold prices tumbled over 6 per cent on Monday, March 23, 2026, reaching their weakest level this year as the precious metal has witnessed its worst week in over 40 years, with the spot gold price dropping to USD 4,215.18 per ounce with a fall of 6.18 per cent, its lowest since December 11. The precious metal, which once touched an all-time high of USD 5,595.51, has been under pressure due to the ongoing war between the US, Israel, and Iran. Is the worst over yet? According to experts, the broader trend remains bearish, but the ongoing geopolitical tensions…
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