Synopsis: MUFG Bank acquires a 20% stake in Shriram Finance for Rs. 39,618 crore, marking India’s largest cross-border financial deal to boost lending capacity and global reach. MUFG Bank is now a part of Shriram Finance. The Japanese bank has invested Rs....
Synopsis: Torrent Power receives CCI approval to acquire Nabha Power for Rs. 6,889 crore, adding a 1,400 MW supercritical plant in Punjab and expanding capacity to 6.4 GW. The acquisition of Nabha Power is a strategic play for immediate scale and geographical...
Synopsis: On the back of blowout Q4FY26 results that saw revenue more than double year-on-year, P N Gadgil Jewellers has reported its highest-ever annual revenue of Rs.10,744 crore, sending the stock up 6 percent. The numbers raise the question of whether this pace of...
Synopsis: Hyundai Motor India will raise vehicle prices by 1% from May 2026 to offset input costs, coming off a record-breaking domestic sales performance of 1.66 lakh units in Q4. Hyundai Motor India (HMIL) announced a marginal 1% price hike across its portfolio...
Synopsis: Max Healthcare’s board approved acquiring 58.39% of Kalinga Hospital Ltd on April 8, 2026, entering eastern India with a 250-bed multi-specialty facility in Bhubaneswar. Max Healthcare made a bold move on Wednesday. Its board met on April 8, 2026, and...
Synopsis: In a strategic move to dominate the on-train ancillary services market, ixigo (Le Travenues Technology) has integrated Swiggy’s food delivery network into its platforms, enabling restaurant-quality meal deliveries for rail passengers. Shares of a leading...
Synopsis: Following a reduction of approximately Rs.123 crore in its gross debt during the fourth quarter of FY26, Renaissance Global Limited has improved its capital structure, signaling lower interest costs and enhanced financial flexibility. Shares of a leading...
Synopsis: OBSC Perfection secures Rs 22.6 Cr auto parts deal over 7 years. Stock surges 14% to Rs 317.45 (mcap Rs 772 Cr); 111% 1-yr returns. Domestic stability boost. OBSC Perfection Limited has secured a major new contract. An Indian auto components manufacturer has...
Synopsis: Driven by a significant 60 percent sequential revenue growth and a Rs 142 crore order book, Omfurn India Limited has reported strong business momentum for the fiscal year ending 2026. This update highlights a strategic shift toward high-margin segments and...
Synopsis: MCX gold and silver futures posted sharp single-session gains on April 8, 2026, as Trump’s surprise Iran ceasefire announcement and the reopening of the Strait of Hormuz triggered a broad rally across precious metals domestically and globally. On the...
