Hindustan Unilever’s board has approved an investment of ₹2,000 crore to increase manufacturing capacity in fast-growing premium categories in the beauty and wellness and homecare segments. “This investment will be made across multiple locations over a period of two years,” said HUL, which owns popular brands such as Surf Excel, Rin, Wheel, Domex, Vim, Cif […]
Forcing short sellers to run for cover and with the potential of foreign institutional investors (FIIs) returning to Dalal Street with pockets full of cash, the Sensex zoomed over 4,000 points while the Nifty shot up around 5% to close to its all-time high of 26,373 on Tuesday following the announcement of the India-US trade […]
People pay their last respects to Maharashtra Deputy Chief Minister Ajit Pawar after he died in a VSR Ventures-operated Learjet 45 plane crash in Baramati, India, on January 28, 2026. | Photo credit: FRANCIS MASCARENHAS Baba Kalyani, Chairman and Managing Director of Bharat Forge Limited, paid tribute to Maharashtra Deputy Chief Minister Ajit Pawar, who […]
Schwartz said any future introduction of the system would be handled through co-production in both Israel and India, with PLR Systems leading local production efforts | Photo credit: iStockphoto Delivery of the first batch of 40,000 Negev 7.62X51mm light machine guns (LMGs) to the Indian Army will begin early next year, the headquarters of Israeli […]
The markets witnessed a volatile session on the weekly expiration day but ultimately ended in the green, extending Monday’s recovery. Technically, analysts say the Nifty has regained its short-term moving average, the 20-DEMA, around 25,600. Staying above this level could open the door for a move towards 25,800-26,000, while any weakness below could lead to […]
Motilal Oswal Mutual Fund purchased shares from foring and precision engineering firm Bharat Forge worth almost RS 378 Crore via an open market transaction. According to the bulk deal that is available at the NSE, Motilal Oswal Mutual Fund (MF) has almost 32 LAKH shares, or 0.65 percent interest, purchased in Pune-based Bharat Forge. The […]
The Benchmark indices of India, Nifty and Sensex, extended their losing series to a seventh straight session on Monday, dragged down by selling in car, IT and Pharma shares. The trade remained with markets that moved in a narrow reach. The Nifty closed at 24,634.90, a decrease of 19.80 points or 0.08%, while the 30 […]
Auto shares gathered more than 7% on Monday and continued their winning momentum of the last month, with Bharat Forge (7%) led the profit. It was followed by Ashok Leyland, who hit his 52 weeks. Sectorally, the Nifty Auto Index surpassed all its peers who rise more than 3% on an intraday basis. Auto OEMs […]
Car shares collected no less than 6% on Monday prior to the all important two-day GST Council meeting that starts on Wednesday 3 September. Sectorally beat his colleagues with the Nifty Auto Index that ended the day with a 2.8% increase. All 15 shares settled in the Green. The positive sentiments helped to sail shares, […]
According to Market Buzz, Eternal, formerly known as Zomato, is probably witness to the exit of Alibaba-stundled Antfin Singapore who holds PTE LTD through a block deal worth £ 5,375 crore. Antfin is expected to sell 18.84 crore shares of the delivery technology company, with the floor price set at £ 285 per share. Paras […]