India Financial News

Reserve Bank of India governor Sanjay Malhotra while addressing Private Sector Collaborator Forum 2025 in Mumbai asserted that the measures taken to combat money laundering should not overzealous which can stifle legitimate activities and investments. «While we continue to keep our financial systems safe from money laundering and terrorist financing, policymakers must ensure that our measures are not overzealous and do not stifle legitimate activities and investments,» Malhotra said on Wednesday.

Reliance Power Ltd.(up 9.05%), Power and Instrumentation(Gujarat)Ltd.(up 5.00%), Karma Energy Ltd.(up 2.12%), NHPC Ltd.(up 1.65%), Jaiprakash Power Ventures Ltd.(up 1.60%), Jyoti Structures Ltd.(up 1.43%), Power Grid Corporation of India Ltd.(up 1.17%), Transformers & Rectifiers(India)Ltd.(up 1.05%), NLC India Ltd.(up 1.02%) and Adani Energy Solutions Ltd.(up 0.94%) were among the top gainers.

Exide Industries and Amara Raja surged up to 5% in Wednesday's intraday trade after the Central Board of Direct Taxes (CBDT) expanded the scope of Safe Harbour Rules, including lithium-ion batteries used in electric and hybrid vehicles under the definition of core auto components, according to a notification. Safe Harbour Rules provide businesses immunity from detailed tax scrutiny if they comply with predefined pricing norms under the Income-tax Rules, 1962.

Ashok Leyland Ltd.(up 3.79 per cent), Samvardhana Motherson International Ltd.(up 2.87 per cent), Bosch Ltd.(up 2.26 per cent), Mahindra & Mahindra Ltd.(up 1.53 per cent) and Exide Industries Ltd.(up 1.25 per cent) were among the top gainers.

However, foreign fund inflows supported the rupee at lower levels.

Sultana Begum, the great-granddaughter-in-law of Bahadur Shah Zafar, the last Mughal emperor, is a living example. Once part of a royal lineage, Sultana now lives in a cramped hut on the outskirts of Kolkata, a world away from the luxury her ancestors once knew, as revealed in a TOI report.

Siemens Energy India. The equity allotment ratio for the demerger has been set at 1:1, meaning Siemens shareholders will receive one equity share of Siemens Energy India for each Siemens share they own as of the record date.

MOIL Ltd.(up 1.57%), Ashapura Minechem Ltd.(up 0.62%), Gujarat Mineral Development Corporation Ltd.(up 0.61%), Oriental Trimex Ltd.(up 0.42%), Coal India Ltd.(up 0.34%), KIOCL Ltd.(up 0.20%), Madhav Marbles & Granites Ltd.(up 0.17%), Lexus Granito(India)Ltd.(up 0.15%) and NMDC Ltd.(up 0.09%) were among the top gainers.

Maruti Suzuki has received a draft assessment order from the Income Tax Authority for the financial year 2021-22, proposing additions and disallowances totaling Rs 2,966 crore to its reported income. The order, dated March 24, 2025, was disclosed by the company in an exchange filing on Tuesday night. «The company has received a draft assessment order for FY 2021-22, wherein certain additions/disallowances amounting to Rs 29,660 million to the returned income (the income disclosed by the company in its tax return) have been proposed,» Maruti Suzuki India stated.

The NSE Nifty index traded 1.35 points up at 23670.0, while BSE Sensex was down 60.05 points at 77957.14 as of 10:29AM(IST)on March 26.

JSW Steel has become the world’s most valuable steelmaker after the Sajjan Jindal-led company crossed a market capitalisation of over $30 billion on Tuesday. The strong stock market performance of JSW Steel reflects a broader rally among Indian steelmakers after a government body recently recommended measures to protect the domestic industry from a surge in cheap steel imports.

Marico Ltd.(up 1.81%), Nakoda Group Of Industries Ltd.(up 1.72%), Sheetal Cool Products Ltd.(up 1.29%), Nakoda Group Of Industries Ltd.(up 1.27%), Hatsun Agro Products Ltd.(up 0.98%), Bikaji Foods International Ltd.(up 0.93%), Heritage Foods Ltd.(up 0.89%), LT Foods Ltd.(up 0.54%), JHS Svendgaard Laboratories Ltd.(up 0.49%) and Procter & Gamble Hygiene & Healthcare Ltd.(up 0.46%) were among the top gainers.

Alternative Investment Fund (AIF), has signed definitive agreements to acquire two operational road assets from CDS Infra Projects for Rs 1,500 crore. The assets, developed under the National Highways Authority of India’s (NHAI) Hybrid Annuity Model (HAM), are located in Haryana and Punjab and form part of the 669-km Delhi-Amritsar-Katra Expressway. The transaction is subject to regulatory and NHAI approvals, along with customary closing conditions. NIIOF, the flagship core infrastructure fund of Neo Asset Management, focuses on acquiring derisked, operational infrastructure assets that generate stable and predictable cash flows. HAM road projects operate under 15-year concessions with NHAI, offering contracted revenues independent of traffic volumes, making them relatively lower-risk investments.

Subscribe to enjoy similar stories. Tea producer and café owner Vahdam Teas Pvt Ltd has raised ₹25 crore ($3 million) from Sidbi Venture Capital Ltd to shore up its cash reserves and boost global expansion. The company is focusing on product innovation and manufacturing expansion, founder and chief executive Bala Sarda told Mint.

Indian Renewable Energy Development Agency (IREDA) shares will be in focus on Wednesday after the company approved a borrowing plan of Rs 30,800 crore for FY26, aiming to strengthen funding for renewable energy projects and support India's clean energy transition. The IREDA board has sanctioned fundraising through various financial instruments, including bonds and loans. This move is expected to provide the necessary capital to accelerate renewable energy development and align with India's green energy targets.

Global funds returning to India’s stock market amid a world-beating rally are having to set aside one of the biggest gripes expressed by investors like Muddy Waters Capital LLC founder Carson Block — namely the country’s high taxes. While global funds marked their first weekly purchase of local stocks last week, they have been big sellers this year. In addition to an uncertain economic outlook, they point to New Delhi’s tax code, which imposes high capital gains levies on overseas funds. That’s an approach at variance with other countries such as China, which are competing for their money.

Subscribe to enjoy similar stories. After all the facts have been laid on the table, and all the arguments have been made; when the best intentions to save the planet from a fiery future crash against a resolute wall of government apathy and corporate greed, sometimes all that’s left to do is to take a resigned look at the omens of impending disaster. Sniff the air, as our hunter gatherer ancestors used to do, and try to prepare the best you can for the dark times that are coming.

Indian Railway Finance Corporation (IRFC) shares will be in focus on Wednesday after the company signed a Rs 5,000 crore rupee term loan (RTL) agreement with NTPC Renewable Energy Limited (NTPC REL) to support its ongoing and new capacity expansion projects. The loan will also be used for refinancing existing debt, as per NTPC REL’s board approval. The agreement, executed on March 25, 2025, is unsecured, though NTPC REL has provided a negative lien with certain exceptions. The loan amount is yet to be disbursed.

extremism in Bangladesh under the Muhammad Yunus regime. “Fortunately, we have an administration and a secretary of state who is completely committed to diplomatic resolutions, to face-to-face conversations with our friends around the world,” a US state department spokesperson Tammy Bruce said on Monday in reply to a question on Bangladesh army chief’s warning of an imminent extremist attack on Bangladesh as well as unlawful imprisonment of journalists under the Yunus regime. “We expect every country, certainly Bangladesh and others, to say the least, to follow the rules of human rights and to be cognizant and fair regarding the behaviour and what their own citizens expect from their government. So, I think that’s a north star for any nation,” she said. Last week, US director of national intelligence Tulsi Gabbard had expressed her concerns over attacks on minorities in Bangladesh and is understood to have had detailed conversations with Indian officials on the Bangladesh situation. Foreign minister S Jaishankar on Saturday said the government is working on various mechanisms to draw the attention of Bangladeshi authorities on the issue of atrocities on minorities.

AICC Bihar, responded to questions about political strategist Prashant Kishore's prospective participation in the INDIA coalition. «As you are saying that he is standing against the BJP, the decision regarding him will be discussed and taken by the INDIA alliance parties,» Allavaru stated. The statement comes amid Kishore's criticism of the Bihar CM and the BJP. On Sunday, Jan Suraaj founder Prashant Kishor called for Bihar Chief Minister Nitish Kumar to resign, stating that the Janata Dal (United) chief's ability to govern has been compromised due to both physical exhaustion and mental unfitness. Addressing a press conference on Sunday, Kishor said, «The first person to comment on Nitish Kumar's health was his ally, Sushil Kumar Modi… Since then, many Bihar Ministers have commented on his health. I never commented on it till January. But during the BPSC protests, I learned that Nitish Kumar's mental condition has deteriorated so much that he has no clue what's going on in the state.»

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff. As of the last trading day, the Bank Nifty closed at 51,704.95. This closing price reflects the performance of the banking sector in the Indian stock market and can indicate market sentiment towards financial institutions.