News•Mar 11, 2026
KIMS Hospitals to Raise ₹1,500 Cr Through QIP
Krishna Institute of Medical Sciences (KIMS) Hospitals received board approval to raise up to ₹1,500 crore through a Qualified Institutional Placement (QIP). The capital may be issued in one or more tranches, with the Finance and Investment Committee setting the final terms. The announcement saw KIMS shares slip 1.22 percent, closing at ₹680 on the BSE. The move follows a broader push by Indian hospital chains to fund expansion and technology upgrades.
By The Hindu Business Line — Markets
News•Mar 11, 2026
Valuation Discipline Key as AIF-Backed Firms Head for IPOs: SEBI Chief
SEBI chairman Tuhin Kanta Pandey warned that alternative investment funds must tighten valuation practices as a wave of AIF‑backed companies prepares for IPOs. He highlighted that weak or opaque pricing could distort price discovery and erode investor confidence when firms...
By The Hindu Business Line — Markets
News•Mar 11, 2026
PGIM India MF Allows only SIP in 3 Overseas Funds
PGIM India Mutual Fund has temporarily restricted investments in three of its overseas‑focused schemes to existing systematic investment plans (SIPs) only, halting both lump‑sum contributions and new SIP registrations. The affected vehicles are the Global Equity Opportunities Fund of Fund,...
By The Hindu Business Line — Markets
News•Mar 11, 2026
Jindal Steel Emerges Preferred Bidder for Odisha’s Thakurani-A1 Iron Ore Block
Jindal Steel has been declared the preferred bidder for Odisha’s 202‑hectare Thakurani‑A1 iron‑ore block, securing the asset at a 101.20% premium. The block, part of a December 2025 auction of 12 virgin mineral blocks, contains roughly 50 million tonnes of iron‑ore resources....
By The Hindu Business Line — Markets
News•Mar 10, 2026
Fuel Prices Today: Check Petrol, Diesel Rates City-Wise
Crude‑oil futures plunged on March 10 after U.S. President Donald Trump signalled an end to the West Asia conflict, sending Brent down 5.15% to $93.86 and WTI 5.24% to $89.80 per barrel. Despite the sharp global sell‑off, retail fuel prices across...
By The Hindu Business Line — Markets
News•Mar 10, 2026
Petronet LNG, GAIL, Indraprastha, MGL, ATGL Gain up to 6% as Trump’s Iran War Remarks Lift Market Sentiment
Shares of Indian gas distributors surged after President Donald Trump suggested the Iran war could end soon, easing fears of prolonged Strait of Hormuz disruptions. Petronet LNG jumped nearly 5% to ₹292.30, GAIL rose 2% to ₹152.50, and Indraprastha Gas...
By The Hindu Business Line — Markets
News•Mar 10, 2026
Rupee Rebounds From All-Time Low, up 7 Paise to 92.14 Against US Dollar in Early Trade
The Indian rupee rebounded from its all‑time low, trading at 92.14 per U.S. dollar after a 7‑paise gain in early trade. The rally was sparked by a sharp drop in global oil prices following President Donald Trump’s comments that the...
By The Hindu Business Line — Markets
News•Mar 10, 2026
India Says No to IEA’s Call to Release Strategic Oil Reserves
India has declined the International Energy Agency’s invitation to tap its strategic oil reserves as a measure to curb soaring crude prices. The country holds about 5.33 million tonnes of underground reserves, roughly 80% of capacity, and reserves them for supply‑disruption...
By The Hindu Business Line — Markets
News•Mar 9, 2026
Raymond Realty Adds Kandivali Project Worth ₹3,000 Crore, 7th JDA in Mumbai
Raymond Realty Limited announced its seventh joint‑development agreement in Mumbai, a residential redevelopment in Kandivali valued at roughly ₹3,000 crore. The project brings the company's total gross development value to about ₹43,000 crore and marks its third venture in the city's Western...
By The Hindu Business Line — Markets
News•Mar 6, 2026
Broker’s Call: Hyundai Motor India (Reduce)
Hyundai Motor India posted an 8% YoY rise in Q3FY26 EBITDA to ₹2,020 crore, but the figure fell 17% quarter‑on‑quarter, missing both the broker’s and Bloomberg forecasts. Management highlighted GST‑driven demand and a dealer inventory below four weeks, projecting 5‑6% domestic...
By The Hindu Business Line — Markets
News•Mar 6, 2026
From Labs to Listings: IIT Start-Ups Ride the IPO Wave
Indian Institutes of Technology are emerging as powerful engines of deep‑tech entrepreneurship, with several alumni‑founded companies recently completing high‑profile IPOs. Sedemac Mechatronics, an IIT‑Bombay spin‑out, listed at a ₹6,000 crore valuation, while Ather Energy’s IPO gave IIT‑Madras incubators a 5 % stake...
By The Hindu Business Line — Markets
News•Feb 27, 2026
Sri Lanka’s 1st Blue Bond Dually Listed on NSE IX at GIFT City
Sri Lanka’s DFCC Bank has issued its inaugural LKR 3 billion blue bond and secured a dual listing on the NSE International Exchange (NIX) at GIFT City, marking the first blue bond to trade within India’s IFSC jurisdiction. The bond, originally listed...
By The Hindu Business Line — Markets
News•Feb 27, 2026
Broker’s Call: Gravita (Buy)
Gravita has bought Rashtriya Metals Industries Limited for ₹565 crore, marking its entry into copper recycling and raising total copper capacity to 340 ktpa, with an additional 45 ktpa slated for Q2 FY27. The firm also expanded lead‑recycling capacity by 80,300 tpa to 145,100 tpa using...
By The Hindu Business Line — Markets
News•Feb 27, 2026
GIFT City’s First-Ever IPO to Open on March 6
XED Executive Development Ltd is launching the International Financial Services Centre’s first equity IPO from GIFT City, opening on March 6 and closing on March 18. The $12 million, dollar‑denominated offering will list on NSE International Exchange and India‑INX, with a price band...
By The Hindu Business Line — Markets
News•Feb 27, 2026
Bank of Baroda to Raise up to ₹10,000 Cr via Green Infra Bonds on March 4
State‑owned Bank of Baroda announced a green infrastructure bond issue of up to ₹10,000 crore, with a base size of ₹5,000 crore and a green‑shoe option for an additional ₹5,000 crore. The seven‑year bonds will mature on March 5 2033 and are rated AAA with...
By The Hindu Business Line — Markets