Bansal Wire Industries Ltd reported a healthy rise in sales volumes for the March quarter, supported by steady demand across its product portfolio, even as external disruptions weighed on momentum. The company said Q4 FY26 sales volume rose 20.16% year-on-year to 1.17 lakh metric tonnes, compared with 97,821 metric tonnes in the corresponding period last…
Silver shed almost 20% in March, marking its worst monthly performance since September 2011. Silver, alongside gold, has long been a safe haven for investors during tumultuous times. In March, that script was flipped on its head. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s flagship events Interaction with CNBC-TV18’s journalists Webinars…
Total deposits grew 3.8% from a year earlier and 4.5% quarter-on-quarter to ₹1.08 lakh crore, while gross advances increased 6.9% YoY and 7.8% QoQ to ₹83,337 crore. 1 Min Read Karnataka Bank Ltd reported positive growth across key business metrics in its fourth-quarter update on Wednesday, April 1. Total deposits grew 3.8% from a year…
Glenmark Pharmaceuticals Inc., USA, a subsidiary of Glenmark Pharmaceuticals Ltd, has announced a strategic shift to directly manage the end-to-end commercialisation and distribution of its nasal spray RYALTRIS® in the United States from April 1, 2026, as part of efforts to strengthen its innovative portfolio and expand its commercial presence in the market. The move…
US stocks opened higher on Wednesday, extending gains from the previous session, as investors reacted to signals pointing towards a possible easing of tensions in the Iran conflict. At the opening bell, the S&P 500 rose 0.6%, while the Nasdaq Composite and the Dow Jones Industrial Average gained 0.7% and 0.8%, respectively. The positive start…
Wipro Ltd on Wednesday, April 1, appointed Nagendra Bandaru as chief executive officer of its newly launched AI-native Business and Platforms Unit, effective immediately, as the company sharpens its focus on artificial intelligence-led growth. The newly created unit will aim to accelerate enterprise-grade AI solutions and build AI-led business streams, complementing Wipro’s core services business…
Indian Oil Corporation Ltd reported a strong operational performance for FY26, with multiple segments delivering record volumes, led by refining, pipelines and marketing businesses. The company said its refineries achieved the highest-ever crude throughput of 75.4 million metric tonnes (MMT), supported by an operational reliability of 99.5%. Pipeline throughput also touched a record 105.3 MMT…
Stocks in focus This shift could also affect listed insurance and fintech companies. Investors will closely track stocks such as PB Fintech, ICICI Lombard, Go Digit and Star Health, as the new model may impact their business and margins. Bima Sugam is expected to drive a major transition toward digital, low-cost insurance, offering customers more…
State-run miner NMDC reported a sharp rise in iron ore production and sales for March, with output and dispatches recording strong year-on-year growth, according to provisional data released by the company. Total iron ore production for March stood at 5.35 million tonnes (mt), marking a 51% increase compared with 3.55 mt in the same month…
Drugmaker Lupin Ltd said its arm will acquire a 43.38% stake in Multicare Pharmaceuticals Philippines, Inc. (MPPI) in a deal valued at up to US $39.6 million, as it moves to strengthen its presence in the Philippines market. The acquisition will be carried out by Nanomi B.V., the Netherlands-based wholly owned subsidiary of Lupin, which…
