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Tilaknagar Inds gains on securing Rs 38.62 crore Govt subsidy

Mumbai, April 16 -- In a regulatory filing, the company stated that the amount pertains to a partial subsidy linked to its past investments. Tilaknagar Industries is engaged in the business of manufa... Read More


Sensex, Nifty pare gains; European mkt decline; VIX slides 2.20%

Mumbai, April 16 -- The key equity indices reversed all gains and traded with minor losses in the afternoon trade, weighed down by weak global cues amid escalating US-China trade tensions. PSU bank, p... Read More


Market Speaks: IEA cuts global oil demand growth estimate for 2025 despite robust consumption in Q1

Mumbai, April 16 -- International Energy Agency or IEA stated in a latest monthly update that global oil demand growth for 2025 has been revised down by 300 kb/d since last month's Report to 730 kb/d,... Read More


MCX Gold hits Rs 95000 as global prices hit another fresh high

Mumbai, April 16 -- COMEX Gold futures spiked above $3300 per ounce to strike a fresh all time high as weak US dollar boosted the sentiments. Furthermore, investors remain worried about the potential ... Read More


IndusInd Bank Ltd soars 5.88%, up for third straight session

Mumbai, April 16 -- IndusInd Bank Ltd rose for a third straight session today. The stock is quoting at Rs 779.15, up 5.88% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.09%... Read More


IDFC First Bank Ltd spurts 1.71%, up for five straight sessions

Mumbai, April 16 -- IDFC First Bank Ltd rose for a fifth straight session today. The stock is quoting at Rs 62.99, up 1.71% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.12... Read More


ICICI Lombard slides as Q4 PAT decline 2% YoY to Rs 510 cr; declares dividend of Rs 7/share

Mumbai, April 16 -- However, total income jumped 13.27% to Rs 5,851.17 crore in Q4 FY25 as against Rs 5,165.35 crore recorded in the corresponding quarter last year. Gross premium income for the Marc... Read More


Dollar index extends deep slide to fresh 3-year low; Fed Powell speech in focus

Mumbai, April 16 -- The dollar index extends deep loses to hit a fresh 3-year low on Wednesday amid mounting concerns over the economic fallout from potential new U.S. tariffs. President Donald Trump ... Read More


Indo National board OKs to acquire 71% stake in MMSPL for Rs 17 cr

Mumbai, April 16 -- According to an exchange filing, the board of directors, in its meeting held on 16 April 2025, approved the investment, which will be made over a period of three financial years, i... Read More


AAVAS Financiers approves NCD issuance of up to Rs 200 cr

Mumbai, April 16 -- AAVAS Financiers has approved the issuance of up to 20,000 Senior, Secured, Rated, Listed, Transferable, Redeemable Non-Convertible Debentures having face value of Rs 1 lakh each a... Read More