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It's time to re-evaluate the utility of public sector units

New Delhi, April 29 -- Public sector units (PSUs), contrary to the perception of their being anachronistic relics, often do serve a critical role in the economy, as Indian fiscal data reveals. It migh... Read More


Stocks to watch: Bajaj Finance, Trent, Ultratech Cement, Dr Reddy's, Adani Total among shares in focus today

New Delhi, April 29 -- Shares of Bajaj Finance, Bajaj Finserv, Trent, Ambuja, BPCL, and NTPC Green are likely to be in the focus as these companies are set to announce their fourth-quarter results. A... Read More


Expenditure finance committee clears Rs.25,000 crore Maritime Development Fund announced in budget

New Delhi, April 29 -- The government's expenditure finance committee (EFC) has cleared the Rs.25,000 crore Maritime Development Fund (MDF) for FY26, two persons aware of the matter said, a project to... Read More


Haryana makes pitch for higher devolution of revenue from Centre

Chandigarh, April 29 -- The BJP government in Haryana has made a pitch for a higher devolution of revenue from the Centre asking the 16th Finance Commission to consider rewarding high performing state... Read More


CAAB goes slow in setting up APIS

Dhaka, April 29 -- The Civil Aviation Authority of Bangladesh (CAAB) is making slow progress in implementing the "Advanced Passenger Information System (APIS)" at the country's international airports,... Read More


Coca-Cola Backs FY25 Comparable EPS Outlook - Update

India, April 29 -- While reporting financial results for the first quarter on Tuesday, beverages giant Coca-Cola Co. (KO) maintained its adjusted earnings and organic revenue growth guidance for the f... Read More


HC reverses order discharging Tamil Nadu minister and family in DA case

India, April 29 -- The Madras high court on Monday directed a special court in Dindigul district to frame charges against Dravida Munnetra Kazhagam leader I Periyasamy and his family members in connec... Read More


Independent review found no irregularities, says Adani Green

New Delhi, April 29 -- Adani Green Energy has said an independent review of its regulatory compliances related to an alleged breach that led to the indictment of founder chairman Gautam Adani and two ... Read More


IndusInd Bank CEO Sumant Kathpalia resigns amid management shakeup following derivatives accounting lapses

New Delhi, April 29 -- IndusInd Bank MD and CEO Sumant Kathpalia on Tuesday resigned with immediate effect in the wake of accounting lapses costing Rs.1,960 crore to the lender in the 2024-25 fiscal y... Read More


Indian stock market: 8 key things that changed for market overnight - Gift Nifty, Trump tariffs, IIP data to oil prices

Indian stock market, April 29 -- The domestic equity benchmark indices, Sensex and Nifty 50, are expected to see a cautious opening on Tuesday amid mixed cues from global markets. Asian markets trade... Read More