Business

11

Mar

By The Press Editor

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Business

35.66% YTD return: Healthcare stock in focus post this report amid volatility in stock market

Mumbai: Shares of North India-based hospital chain Park Medi World are in focus amid volatility in the stock market. The stock started the trading session in the green at Rs 207.15 against the previous close of Rs 204.65 on the BSE. Later it gained further to touch the high of Rs 207.35, representing a gain of 1.31 per cent from the closing price of the last trading session. This is also just 2.56 per cent away from the 52-week high of Rs 208.5, touched on March 10, 2026. The scrip's 52-week low is Rs 138.15. Last seen, the stock was…

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11

Mar

By The Press Editor

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Business

LPG shortage disrupts supplies in several cities, many Tamil Nadu hotels declare holiday

New Delhi: Amid reports of a shortage of commercial LPG cylinders in several parts of the country due to the US-Israel-Iran conflict, a section of hotels and restaurants operating in Chennai and parts of Tamil Nadu have declared a holiday today. On March 10, the hotel association had voiced concern over sustaining their businesses as the existing stock of commercial LPG "would be sufficient to run the outlet only for one or two days". Most of the restaurants have also cut the number of food items offered to customers and opted to prepare foods that require minimal usage of the…

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11

Mar

By The Press Editor

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Business

Rs 28 dividend stock: S&P Global-back ratings agency to trade ex-date soon, check record date

Mumbai: Stock markets bounced back on Tuesday after two days of massive decline following a drop in crude oil prices and a recovery in global peers. While stock market benchmark indices Sensex and Nifty ended nearly 1 per cent higher, the Indian equities are expected to trade on a cautious note. Amid this volatility, there is an opportunity for investors to earn some additional profit from their investment by investing in stocks that are offering a good dividend. One such stock is of the S&P Global-backed company Crisil. The board of directors of the ratings agency has recommended a final…

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11

Mar

By The Press Editor

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Business

Reliance share price: Stock in focus after 'historic $300 billion' oil refinery deal with US, check details

US President Donald Trump said the deal is "the biggest in the US history" and "a massive win for American workers, energy and the great people of South Texas".

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10

Mar

By The Press Editor

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Business

India assures fuel security; Reliance boosts LPG production amid global crisis

New Delhi: Amid the ongoing conflict in West Asia and concerns about global energy supplies, the government has assured citizens that India has enough fuel stocks and there is no immediate risk of shortages. Government sources say the situation is stable, with steps being taken to secure supplies, increase domestic production and maintain energy trade with neighbouring Bangladesh. Government assures fuel supply is stable, no need to panic  According to government sources, India currently has adequate stocks of Liquefied Petroleum Gas and Liquefied Natural Gas. Authorities stressed that consumers do not need to panic, as supplies across the country remain…

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10

Mar

By The Press Editor

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Business

Cabinet clears Rs 3,631 crore plan to link Jewar International Airport with Faridabad, Gurugram

Noida: The Union Cabinet on Tuesday approved a revised project cost of Rs 3,630.77 crore for the development of a new road corridor that will improve access to the upcoming Jewar International Airport in Uttar Pradesh. The decision was taken by the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi. The project involves the construction of a 31.42-kilometre greenfield road that will connect the airport with the Delhi-Mumbai Expressway through the Delhi-Faridabad-Ballabhgarh-Sohna spur. The road will be built under the Hybrid Annuity Mode across parts of Uttar Pradesh and Haryana. Officials said the new corridor will…

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10

Mar

By The Press Editor

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Business

Sufficient LPG stock in India right now, no need to increase prices: Govt sources

New Delhi: Amid reports of an LPG (Liquefied Petroleum Gas) shortage, government sources on Tuesday said sufficient stock is available and production has been increased by 10 per cent. Sources also said that India is sourcing supplies from approximately 40 countries and has increased the share of gas imports from outside the Strait of Hormuz to 70 per cent, up from 55 per cent earlier. They also stated that all refineries in the country are operating at 100 per cent capacity and there is no need for a price increase at this time. "The gas shortage is being managed by…

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10

Mar

By The Press Editor

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Business

IndiGo CEO Pieter Elbers resigns after widespread outage: Reports

New Delhi: Pieter Elbers stepped down as CEO of IndiGo, three months after a major operational crisis that left hundreds of thousands of passengers stranded. The airline announced that its managing director, Rahul Bhatia, will take over in the interim until a permanent replacement is appointed. Why did Pieter Elbers resign as IndiGo CEO?  IndiGo stated that Elbers resigned with immediate effect citing “personal reasons”  His tenure had recently come under intense scrutiny following mass flight cancellations in December 2025, which disrupted travel plans for over 300,000 passengers. Between December 3 and 5, IndiGo cancelled more than 2,500 flights and…

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10

Mar

By The Press Editor

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Business

India eases foreign direct investment norms for China, other neighbouring countries: Sources

New Delhi: The government on Tuesday eased foreign direct investment (FDI) rules for all countries sharing borders with India, including China. Sources said that the amendment in this regard has been made in Press Note-3 of 2020. This decision was taken in the Union Cabinet meeting chaired by Prime Minister Narendra Modi. Under this press note, foreign companies with shareholders from countries sharing a land border need mandatory approval from the government to invest in any sector in India, PTI sources said.  China's share in total FDI equity The countries sharing land borders with India are China, Bangladesh, Pakistan, Bhutan,…

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10

Mar

By The Press Editor

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Business

Hospital stock hits fresh 52-week high as company share expansion plan, check share price

Mumbai: Shares of North India-based hospital chain Park Medi World hit a fresh 52-week high on Tuesday, March 10, 2026, after the company released significant updates regarding its hospital expansion plans. The stock started the trading session in the green at Rs 202.75 against the previous close of Rs 201.35 on the BSE. It gained further to touch the high of Rs 208.50, the new 52-week high of the stock. The stock's 52-week low is Rs 138.15, hit on December 18, 2025. Last seen, the stock was trading at Rs 204.95 with a gain of 1.79 per cent or Rs…

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