Coal India Wins Preferred Bid for Odisha Iron Ore Block
Coal India has emerged as the preferred bidder for the Gadadharpur iron ore block in Odisha, marking its entry into iron ore mining. The company quoted a 114.05% premium over the notified…
Business & Economy278- Page
Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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Metropolis adds 70-75 labs as small-town diagnostics demand grows
Metropolis Healthcare’s revenue rose 17% year-on-year to Rs 450 crore in the June quarter of FY27, while net profit increased 26% to Rs 57 crore. The diagnostics chain is also expanding in…
Biocon calls US generic drug tariffs a negotiation tactic
Biocon will wait before changing its US strategy, while exploring partnerships for local manufacturing if required, executive chairperson Kiran Mazumdar-Shaw told Mint. She said proposed tariffs were more likely a negotiating threat…
Five small-cap funds deliver over 20% SIP returns in 10 years
Over the past decade, five small-cap mutual funds delivered annualised SIP returns above 20%, with Quant Small Cap Fund leading at 25.92%, according to Value Research. The five-year picture is different: Bandhan…
Neuland shares hit record high after profit surge, capacity approval
Neuland Laboratories shares rose 10.2% to a record Rs 21,999 on the NSE on Thursday after the company reported its June quarter results and approved a capacity expansion in Telangana. The stock…
DII holdings hit record 21%, FII ownership at all-time low 17%
Domestic institutional investors now hold a record 21% stake in Nifty-500 companies, while foreign institutional ownership touched an all-time low of 17% as of June 2026, according to a Motilal Oswal report.…
Nazara approves Rs 733.5-crore preferential issue for growth
Nazara Technologies’ board has approved issuing up to 2.39 crore equity shares at Rs 306 each to raise Rs 733.5 crore through a preferential issue. The funds will support acquisitions, gaming business…
Cochin airport steps up flood measures amid heavy rain
Cochin International Airport Limited (CIAL) has strengthened its flood mitigation programme, Operation Pravah, as heavy rain continues to batter Kerala. The airport operator has cleaned 23.85 km of canals and drains, including…
Sensex gains 374 points as Nifty ends nearly flat
The Sensex rose 373.76 points, or 0.48 per cent, to 78,954.76 on Thursday, while the Nifty 50 added 11.35 points, or 0.05 per cent, to close at 24,636. The Hindu BusinessLine reports…
Reliance Capital lenders face 43% recovery under Hinduja offer
Lenders to Anil Ambani-promoted Reliance Capital are likely to recover about Rs 10,090 crore under the Hinduja Group’s offer, The Economic Times reports. The amount includes Rs 9,650 crore offered by IndusInd…
