India Financial News

National Science Day is observed annually on 28 February to commemorate the discovery of the Raman Effect by physicist CV Raman in 1928. Since 1986, this day has been celebrated across India to recognise scientific achievements and promote awareness among students and the public. Schools and institutions organise events such as essay writing and speech competitions to encourage students to explore science and its impact on society.

“Small and midcaps have been hit hard—Nifty Smallcap 100 is down 21%, valuations remain above long-term averages, and earnings disappointments have led to downgrades,” says Rajkumar Singhal, CEO, Quest Investment Advisors. In an interview with ETMarkets, Singhal said: “With earnings likely to recover in CY25, the pain in small and midcaps may ease. A selective bottom-up approach is key—focus on quality businesses with strong balance sheets and sustainable growth,” Edited excerpts: Thanks for taking the time. February was highly volatile amid trade war fears and FII selling. What are your views?

Trump administration has begun firing employees at the National Oceanic and Atmospheric Administration, one of the world's premier centers for climate science.

Kernex Microsystems shares will be in focus on Friday after the company announced that South Eastern Railway has issued a letter of acceptance (LoA) to the Kernex-MRT consortium for a Rs 325.33-crore contract to supply, install, test, and commission the Kavach safety system across 688 RKM in the Kharagpur and Chakradharpur divisions. «We would like to inform you that 'South Eastern Railways, Kolkata' has issued a Letter of Acceptance (LoA) to the KERNEX-MRT CONSORTIUM for the project, namely, the supply, installation, testing, and commissioning of Kavach on GO & GO routes (688 RKM), including associated works in sections of the Kharagpur and Chakradharpur divisions of South Eastern Railway,» the company said in an exchange filing.

Apollo Global Management Inc. is in talks to lead a roughly $35 billion financing package for Meta Platforms Inc. to help develop data centers in the US, according to people with knowledge of the matter.

buy call on Havells India with a target price of Rs 1,800. The current market price of Havells India Ltd. is Rs 1,420. Havells India, incorporated in 1983, is a Large Cap company with a market cap of Rs 90423.81 crore, operating in the Consumer Durables sector. Havells India's key products/revenue segments include Cables, Traded Goods, Electrical Consumer Durables, Domestic Switchgears, Light Fittings & Fixture, Others, Export Incentives for the year ending 31-Mar-2024.

Tata Power will be in focus on Friday after the company announced that its solar manufacturing arm, TP Solar, has secured an order worth Rs 632 crore to supply 292.5 MWp solar modules to the Solar Energy Corporation of India (SECI). This order, awarded under the CPSU Scheme Tranche-III, involves the delivery of high-quality DCR (Domestic Content Requirement) modules to a site in Ramagiri, Andhra Pradesh.

In the IPO, the company has reserved 30% for institutional investors, 40% for retail investors. The rest of 30% is kept aside for non-institutional investors, who in the recent past emerged as the strongest pillar for the IPOs in the SME segment.

Amazon on Wednesday launched its next-generation AI assistant, Alexa Plus, with real-time problem-solving capabilities and a vast knowledge base. The company described the new product as a “complete re-architecture” of Alexa.

market fatigue, particularly for retail traders. However, Rohit Srivastava, Founder of Strike Money Analytics & Indiacharts, believes the market may be nearing a bottom, based on historical and seasonal trends, as he stated in a discussion on ET Now.

Prashant Kishor has urged Bihar voters to completely reject Chief Minister Nitish Kumar’s party, JD(U), in the upcoming assembly elections. Speaking in Patna, he accused Kumar of holding onto power through constant political realignments, labelling him «physically tired and mentally retired.»

Christy Mathai of Quantum MF, in a discussion on ET Now, outlined his views on which sectors appear vulnerable to further correction and which ones present attractive opportunities at current valuations.

Dell Technologies forecast annual profit above Wall Street estimates on Thursday on the back of cost cuts and growing demand for its AI-optimized servers, sending the company's shares up 3% in extended trading.

Subscribe to enjoy similar stories. Never have I ever been asked to cut a cake iced with the words “Welcome Home" after I’ve finished an interview. But at Shahnaz Husain’s mansion in Delhi, it’s a ritual for first-time guests.

Dell on Thursday forecast a decline in its adjusted gross margin rate for fiscal year 2026, hit by higher costs to build artificial intelligence servers in a fiercely competitive market, while its PC business also lagged amid soft demand. The Round Rock, Texas-based company's shares fell about 2% in extended trading, even as it announced a $10 billion increase in its share buyback plan.

Brazilian state-run oil firm Petrobras could bring forward investments in the future if it leads to higher oil production earlier, Chief Executive Magda Chambriard told journalists during a presentation of the 2024 financial results. On Wednesday the firm reported higher-than-expected investments for 2024 in its fourth-quarter results release, surprising analysts and leading to a dip in the share price on Thursday.

Supreme Court chief justice with the defiant rejoinder: «John Marshall has made his decision, now let him enforce it.»

Advantest tanking more than 9%. The Nikkei fell to 37,501.24 as of 0017 GMT, while the broader Topix was down 1.2% at 2,703.57.