Latest Stock Market News

The US dollar-denominated bonds will help the company manage its refinancing obligations which are due later this year as it continues to expand its pumped storage and integrated renewable energy projects across India. Greenko, backed by Singapore s GIC and Abu Dhabi Investment Authority (ADIA), is focusing on hybrid clean energy solutions.

We believe Trump 2.0 in tariffs will be very different from Trump 1.0. In his earlier tenure, he came hard on tariffs, got as much onshoring as possible, and it was quite effective in terms of how it changed supply chains.

​​The intervention in the forex market by the RBI drained liquidity from the banking system which has been in deficit since mid-December 2024. RBI took various measures to support liquidity, from a 50 bps cut in CRR to 4% in its December MPC policy, to long tenured variable rate repo auctions and dollar-rupee buy-sell swap.

Next in line could be Nxtra, which currently serves all the hyperscalers as well as domestic companies. "It is an asset that we can divest or create an IPO or go down in our shareholding (in some years). Today we have around 75%, which can be divested."

Bitcoin, the world s largest cryptocurrency by market value, shot up more than 11% to $94,110, while ether, the second-largest cryptocurrency, climbed 14% to $2,528.

Mahindra & Mahindra is working to scale up some of its smaller businesses to match its portfolio of multiple large companies, the top executive at the tractor-to-technology group told ET.

Creditors of KSK Mahanadi Power are seeking NCLT s approval to distribute ₹4,300 crore of surplus cash before the fiscal year-end. JSW Energy s winning bid requires payment completion by May, so an interim cash distribution is being requested to settle lenders dues promptly.

The Adani Group raised $13.8 billion in equity between 2019 and 2024, among the highest such exercises by an Indian conglomerate after Reliance Industries. The money had been raised by Adani Enterprises, Adani Green Energy, Adani Energy Solutions and Adani Total Gas.

Rajeev Misra, former SoftBank executive, is planning a significant investment in the Shapoorji Pallonji Group through his venture One Investment Management and a consortium of global funds. The funds will help refinance the group s high-cost debt, leveraging their stake in Tata Sons.

The expanding chorus of greenback bears includes asset managers Invesco and Columbia Threadneedle and hedge fund Mount Lucas Management. On Wall Street, Morgan Stanley and Societe Generale are warning clients that going long the dollar is an overcrowded trade that may not hold up.