J. Kumar Infraprojects said it has secured an engineering, procurement and construction (EPC) contract worth ₹1,184 crore for building an international exhibition-cum-convention centre in Lucknow. The company has received a Letter of Acceptance dated April 3, 2026, from the office of the Superintending Engineer, PMGSY Circle, Public Works Department (PWD), Lucknow, for the project. The…
The market has had the perception that President Donald Trump will quickly end the war. The nearest US crude oil delivery contract traded Thursday at the biggest premium in history over the subsequent month, after President Donald Trump vowed to bomb Iran for weeks. Continue Reading with CNBC-TV18 Access Membership Priority Access and Networking: CNBC-TV18’s…
Investors ought to prepare their portfolios for rockier times as energy supply becomes uncertain, according to a team of Morgan Stanley strategists. With uncertainty looming large over the Iran war – and the oil market – Morgan Stanley is recommending investors play defense in their portfolios. Continue Reading with CNBC-TV18 Access Membership Priority Access and…
Bandhan Bank reported double-digit growth in advances and steady deposit accretion for the quarter ended March 31, 2026, according to its provisional business update. The bank’s loans and advances (including on-book and PTC) stood at ₹1.54 lakh crore at the end of the March quarter, marking a 12.6% year-on-year increase and a 6.2% rise sequentially….
Goldman Sachs has maintained a Neutral rating on Trent, while trimming its target price by about 0.7 per cent to Rs 4,080 from Rs 4,110. The brokerage expects revenue growth to improve to around 18 per cent year-on-year in 4QFY26, up from 16 per cent in the previous quarter, supported by modest like‑for‑like growth and…
Heena Ojha is a Senior Copy Editor at ET Now Digital, where she covers markets, economy, personal finance and economic trends for a wide range of audience. She has experience in fast-paced newsrooms across the nation, she brings a strong background in breaking news reporting, feature writing, fact-checking and multimedia storytelling. She managed coverage of…
US stock markets opened lower on Thursday as investors reacted to President Donald Trump’s late Wednesday address on the Iran conflict, which did little to ease concerns over the war’s outlook and instead added to uncertainty around the next phase of US military action. At the opening bell, the Dow Jones Industrial Average fell 608…
Mahindra after six years of Anish Shah A key element of the strategy has been the exit from over a dozen non-core and underperforming businesses, including SsangYong Motor Company. This has freed up capital and management bandwidth, enabling increased investments in higher-return and future-facing segments such as electric vehicles and renewables. Mahindra & Mahindra has…
The Reserve Bank of India’s (RBI) tightening of norms around net open positions is likely to reshape currency market dynamics in the near term, according to Jayesh Mehta, Vice Chairman and CEO of DSP Finance. Mehta expects the unwinding of large bank positions—estimated at $20 billion to $40 billion—to keep pressure on the rupee until…
TVS Venu Group has entered into definitive agreements to acquire Prudential Financial Inc’s 100% stake in PGIM India Asset Management and PGIM India Trustees Private Limited. The transaction is being carried out through TVS Venu Management and Consultancy Services Private Limited and its affiliates, and remains subject to regulatory approvals and customary closing conditions. PGIM…
