Market Updates
Asian Paints Acquires Full Ownership of White Teak for ₹188 Crore
Asian Paints Ltd, India’s leading paint manufacturer, has acquired the remaining 40% stake in Obgenix Software Pvt Ltd, which owns the premium lighting...
RINL’s Move to Outsource Key Operations Sparks Privatization Fears, Worker Protests
State-run steel manufacturer Rashtriya Ispat Nigam Limited (RINL) has invited tenders for managing and maintaining two of its vital production units the Sinter...
UltraTech Cement Adds 1.8 MTPA Capacity with New Maihar Mill, Total Now at 192 MTPA
Augmenting its colossal grey cement capacity, but almost 1.8 million tonnes per annum (MTPA) of its domestic grey cement brings to focus UltraTech...
Housing Sales Dip Below 1 Lakh Mark in Major Cities for First Time Since 2021: PropEquity
India’s residential real estate market is showing signs of a slowdown as housing sales across nine major cities are projected to fall by...
India’s Core Sector Growth Slows to 9-Month Low at 0.7% in May
It was first reported by the Commerce Ministry on Tuesday; that India’s eight core infrastructure sectors grew only by 0.7% in May, which...
Raymond Realty to Launch ₹14,000 Cr Projects in FY26; Stock Market Debut on July 1
In FY26, Raymond Realty is in the process of launching six new residential projects across the Mumbai Metropolitan Region (MMR) with a projected...
Govt Proposes Global Benchmarking of Iron Ore Prices to Curb Underreporting
In a move aimed at tightening pricing transparency and boosting state revenues, the Ministry of Mines has proposed benchmarking domestic iron ore prices...
JSW Cement Looks at Launching ₹4,000 Crore IPO in July: What Investors Should Know
JSW Cement is gearing up to launch its much-anticipated ₹4,000 crore initial public offering (IPO) in July 2025, according to recent reports and...
Magicpin’s Logistics Arm ‘MagicFleet’ Hits 1 Million Monthly Deliveries, Eyes Doubling by FY26
In less than a year since its launch, MagicFleet, the logistics arm of local discovery and commerce platform Magicpin, has crossed a major...
India’s Steel Imports Expected to Halve in FY26 After Safeguard Duty
India’s steel imports could fall by 50% in FY 2025-26 following the imposition of a 12% safeguard duty, said Steel Ministry Secretary Sandeep...
