Synopsis: NLC India JV begins coal production at Pachwara South block in Jharkhand, with 9 MTPA capacity, strengthening fuel supply for the 3×660 MW Ghatampur thermal power project. NLC India has commenced coal production at the Pachwara South Open Cast Mine in...
Synopsis: Indian rupee jumps 1.3% from 94.81 to 93.59 vs USD. RBI caps banks dollar positions at $100M, forcing sales no reserves spent. Relief from oil, FII outflows; may not last. The currency staged its sharpest single-day recovery in months not because...
Synopsis: Texmaco Rail & Engineering secured a ₹22.91 crore North Central Railway contract for signaling upgrades. Despite the order, shares fell 2.87% amid recent short-term market volatility. The company has a total market capitalisation of ₹3,332 crore,...
Synopsis: Avantel wins ₹137 Cr IMD order for 7 wind profiler systems to measure winds for weather and safety. Shares rose; execution by Sept 2027 with 3-yr warranty, 7-yr maintenance. Avantel shares climbed sharply on Friday, March 28, 2026, as the Hyderabad-based...
Synopsis: Omax Autos Limited (OMAXAUTO) confirmed a ransomware attack on its IT infrastructure on March 27, 2026. While the company is assessing the impact, it stated that core operations and systems currently remain unaffected. Omax Autos is no exception as it...
Synopsis: Public Sector Undertaking (PSU) bank stocks plummeted on March 27, 2026, as the 10-year Indian bond yield surged to 6.92%, its highest level in nearly two years. The Nifty PSU Bank index crashed 3.05%, erasing months of gains as investors braced for heavy...
Synopsis: With its AGR repayment scheduled in March 2026, this telecom giant has formally communicated to the Department of Telecommunications seeking the same relief and repayment flexibility granted to Vodafone Idea and has also pitched to convert around Rs 40,000...
Synopsis: Declaring its fourth interim dividend of Rs. 1.25 per equity share for FY26 and fixing March 28 as the record date, HUDCO’s board has also cleared an annual borrowing plan of up to Rs. 70,000 crore for FY27, reflecting the scale of the PSU...
Synopsis: Tata Motors shares crashed over 5% on March 27, 2026, hitting an intraday low of ₹301.05 after its luxury arm, Jaguar Land Rover (JLR), announced a sudden production halt at its key UK plant. The latest operational hurdle at JLR has reignited investor...
Synopsis: PCBL Chemical started new 30,000 MT carbon black plant in Tamil Nadu on March 27. It’s a quick add-on to existing site. Shares fell 4.73% to ₹257 amid market downturn. PCBL Chemical turned on 30,000 MT of new carbon black capacity in Tamil Nadu on...
