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13.03 / 09:33
13.03 / 08:47
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Heatwave alert in parts of Jharkhand during Holi festival
Holi festival in Jharkhand, a meteorological department official said on Thursday. Some districts in Kolhan and Palamu divisions may also experience a maximum temperature of around 40 degrees Celsius. The maximum temperature is likely to increase by up to five degrees Celsius during the next four days, starting from Friday, he said. «A yellow alert of heatwave has been issued for the Kolhan division, comprising three districts Seraikela-Kharswan, East and West Singhbhum, for March 14. Ranchi Meteorological Centre in-charge Abhishek Anand said, „A similar condition may be experienced in Palamu division, mainly in Palamu and Garhwa districts along with Kolhan on March 15 and 16. The maximum temperature could reach 40 degrees Celsius in two divisions.“ Anand added that the maximum temperature might rise by three to five degrees Celsius across Jharkhand during the next four days due to the inflow of warm winds from the western region.
13.03 / 06:43
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How reinsurers can help bridge India's huge protection gap
Subscribe to enjoy similar stories. India’s insurance industry is growing rapidly, supported by robust economic growth, an expanding middle class, innovation and strong regulatory support. According to data from the Swiss Re Institute, total insurance premium collections are projected to grow by 7.1% over the next five years (2024–2028).
13.03 / 06:11
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Cement, Metals and Consumption: Pankaj Tibrewal’s top sectoral bets for FY26
«Policy relaxations in terms of risk weightages, ignored by the markets, and the third important point is the policy rate cut action after five years ignored by the markets,» says Pankaj Tibrewal, IKIGAI Asset Managers. Well, could have been better if markets were better. Pankaj Tibrewal: These are all cycles. You have seen it all across. So, we should not be too worried and on the contrary, after a long time, we have started to turn a bit constructive on markets now.
13.03 / 03:59
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Target
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security
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Polycab shares in focus after Rs 3,003 crore agreement with BSNL for BharatNet
Polycab shares will be in focus on Thursday after the company secured a Rs 3,002.99 crore contract from Bharat Sanchar Nigam Limited (BSNL) for the BharatNet project in Bihar. Under the agreement, Polycab will serve as the Project Implementation Agency (PIA), overseeing the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network.
13.03 / 00:11
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COST
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Pharmaceuticals
A winning horse: Why India’s top generics players are rushing to launch this blockbuster diabetes drug
Subscribe to enjoy similar stories. A blockbuster diabetes drug will soon be available to Indian patients at a tenth of its cost, as its patent expires. At least four Indian generics players have launched cheaper variants of the drug, which is used to treat type-2 diabetes as well as heart and kidney ailments.
12.03 / 18:19
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International
'Vedanta promoters to maintain 50% stake in each of demerged entities': Anil Agarwal
Vedanta Ltd's promoters will maintain over 50% stake in each of its demerged entities, as the focus remains on creating pure-play companies which will be better placed to capitalise opportunities, the group's chairman said. The mining conglomerate is looking to demerge its businesses — aluminium, oil & gas, power and steel- as separate entities. At present, these businesses are subsumed within Vedanta Ltd, the Indian subsidiary of UK-based Vedanta Resources. «We realised that most of our businesses are sitting under a large banyan tree structure, that is Vedanta. It is better to take them out and allow them to grow in the sun,» Vedanta Resources chairman Anil Agarwal told ET during an interaction. There is no need for a stake sale for cutting debt at the holding company level, he said. «We are very comfortable with our shareholding levels and have no plans to pare down our promoter stake in any way. Equally, we have no plans to increase our stake in any of the companies that will be demerged,» he said, explaining that the company is sufficiently funded to manage affairs through internal accruals. But it is open to selling the steel business if a «right price» is offered.
12.03 / 17:19
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Coca-Cola
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SLMG to invest $1 billion in Coca-Cola Expansion
Subscribe to enjoy similar stories. Lucknow-based SLMG Beverages Pvt. Ltd, a major Coca-Cola bottler in India, plans to invest up to $1 billion by 2030 to expand its production capacity in the populous states of Bihar and Uttar Pradesh, according to a company executive.
12.03 / 15:57
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reports
IT stocks plunge as analysts have doubts about a growth rebound
Subscribe to enjoy similar stories. Shares of India’s largest information technology (IT) service providers tanked Wednesday after at least three brokerages raised concerns about the industry’s growth recovery in FY26.
12.03 / 13:45
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reports
Billionaire bust: Five billionaires who attended Donald Trump’s inauguration have seen their wealth plunge by $209 billion since that day; here’s what happened
The five billionaires, whose net worth fell are; Elon Musk, Jeff Bezos, Sergey Brin, Mark Zuckerberg, and Bernard Arnault, according to the Bloomberg report.
12.03 / 13:35
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country
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International
Ladhani Group to invest Rs 11,000 crore in next 5 years, expects Rs 20,000 crore revenue from SLMG Beverages
Ladhani Group, which is the largest bottler of Coca-Cola in India and has also a play in the hospitality and chemicals segments, plans to invest around Rs 11,000 crore in the next five years across its verticals, a top company official said on Wednesday. It plans to spend around Rs 8,000 crore on SLMG Beverages, its flagship firm and the largest bottling franchisee for Coca-Cola in India, for opening new units to expand its presence in Uttar Pradesh and newly acquired markets of Bihar. SLMG Beverages is among the top 15 bottlers globally for Coca-Cola and aims to be among the top ten in the coming years. It is ready for more franchising opportunities in India and foreign countries, its Joint Managing Director Paritosh Ladhani told PTI. The Lucknow-based group also plans to invest around Rs 3,000 crore in its hospitality business in the next five years and double the number of hotel rooms.
12.03 / 12:07
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Strategy
wellness
performer
One of India's top PMS funds stakes its revival on manufacturing and energy transition
Subscribe to enjoy similar stories. ASK Investment Managers, one of India’s largest portfolio management services (PMS) funds, has focused on high-quality, high-growth, Indian entrepreneur-owned companies that prioritise earnings growth, capital efficiency and strong management, Sunil Rohokale, co-founder, CEO & managing director of ASK Asset & Wealth Management Group told Mint. ASK’s flagship Indian Entrepreneur Portfolio, with ₹11,908.74 crore in assets under management (AUM), has delivered 5.78% returns over the past year and a compound annual growth rate (CAGR) of 13.84% over the past five.
12.03 / 09:09
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Want to lose 3 kg in 3 days? Crazy egg diet goes viral after 48 years
obesity and weight-related health complications have become widespread concerns. As a result, there has been an upsurge in diet plans and exercise regimens, with countless fitness gurus and nutritionists offering solutions that promise swift weight loss. However, the desire to achieve and maintain an ideal weight is not a modern phenomenon. Throughout history, people—especially women—have grappled with societal expectations regarding body image. Nowhere has this pressure been more intense than in the modeling industry, where maintaining a lean and toned figure has often been considered a professional requirement.
12.03 / 07:05
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IPO
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Strategy
Analysis
wellness
Soaring gold prices put government in a pickle over upcoming bond payouts
Subscribe to enjoy similar stories. While equities have been sliding since late 2024, gold has been on a tear. The run-up in gold prices means the union government faces a much higher liability on payouts in its sovereign gold bond (SGB) scheme, which was introduced in 2015 and raised funds in 67 tranches.
12.03 / 07:03
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Pharmaceuticals
India Inc turns flexible with benefits to retain talent
employee benefits to address evolving workforce needs and attract talent amid a changing employment landscape. Organisations are now focusing on flexible health insurance, mental health support, and diversity, equity, and inclusion (DEI) measures, according to The Future of Benefits 2024 report by Mercer Marsh Benefits. The report, accessed by TOI's Rupali Mukherjee, highlights a 300% rise in companies offering flexible health insurance over the past five years. These plans now include coverage for parents, siblings, wellness programs, and financial planning tools. The study analysed data from over 10,000 policies and more than 600 benefit evaluations across 14 industries. Employees are increasingly seeking more control over their benefits, driving demand for customisable insurance and wellness schemes. The banking, financial services, and insurance (BFSI) sector offers the highest sum insured, followed by pharmaceutical and IT/ITES/e-commerce industries. Notably, 73% of IT/ITES/e-commerce firms offer insurance covering employees, spouses, children, and parents/in-laws by default, compared to 64% in pharma and 54% in manufacturing, the report noted.
12.03 / 06:29
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International
Five penny stocks worth watching in 2025
Subscribe to enjoy similar stories. Penny stocks are shares of listed companies with a lower market capitalization. These stocks usually have low share prices, typically under ₹100 and often below ₹50.
12.03 / 04:59
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If PM, HM and FM have helped J&K, what's wrong in thanking them: Omar Abdullah
Jammu and Kashmir Chief Minister Omar Abdullah on Tuesday said that he is not ashamed of thanking the Prime Minister, Home Minister and Finance Minister of the country if they have helped J&K in any way. Abdullah, while speaking in the J&K Assembly responded to the opposition remarks regarding his expression of gratitude for the central government. The opposition leader Sajad Lone even referred to the budget as a Love Letter to the BJP and acceptance of everything the National Conference opposed politically in the last five years. “What is wrong in thanking anyone? I am thankful if someone has done something that helped J&K. Should we not acknowledge it? PM, HM, FM have helped J&K. Should I feel ashamed about that?” said Abdullah adding, “I am thankful to them and will do so again. I am thankful that they helped J&K.” The J&K CM urged the opposition to realize the fact that the region does not stand on its own feet and is not financially independent, something the PDP-BJP government has also mentioned in its last budget document of 2018. “For Rs 35000 crore work, we have to spend Rs 70,000 crore as salaries and other things. If we run any private company like this it will also shut in sometime,” said Abdullah. The CM said that J&K is often compared with Delhi, despite the fact that Delhi is financially independent and runs a revenue surplus budget. “When Arvind Kejriwal tried to make a budget. Officers of his own administration issued advertisements in newspapers against the budget. This is the pain of preparing a budget in the UT set up,” said Abdullah.
12.03 / 04:59
FIVE
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testing
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Bond warns Bumrah of "career-ender injury", wants him to not play "more than two Tests in a row"
Jasprit Bumrah had his surgery could be a career-ender and added that in future, he would not like to see him play more than two Test matches in one go, ESPNCricinfo reported. Bumrah has been nursing a lower back injury, which ruled him out of India's famous run to Champions Trophy victory on Sunday. The bowler who has been branded as a «national treasure» by star batter Virat Kohli, fought a lone battle for India during the Border-Gavaskar Trophy 2024-25, taking 32 wickets in five matches, before breaking down in the final Test match at Sydney earlier this year in January, suffering what turned out to be a stress-related injury. He has not played any competitive cricket since then and also missed India's victorious ICC Champions Trophy campaign. Bumrah is completing his rehab at Board of Control for Cricket in India (BCCI) Centre of Excellence in Bengaluru and there is no clarity over his availability for Mumbai Indians (MI) during the upcoming Indian Premier League (IPL) starting from March 22 onwards. Bumrah has not suffered a back injury for the first time, as he had surgery for it in March 2023. Bond, who worked with MI in the past as a bowling coach and is currently Rajasthan Royals' bowling coach, said that Bumrah's workload needs careful management to avoid another injury. Bond is also notably known for having a back-injury-affected career himself. He played just 120 matches and picked 259 scalps for Kiwis from 2001-10. Like Bumrah, he had his first back surgery at 29. Despite his persistent injuries, Bond played till the age of 34, first retiring from Tests, then from all formats within less than six months.
12.03 / 02:31
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Goldman Sachs cuts forecast for US economy. Trump’s tariffs are to blame.
Subscribe to enjoy similar stories. The outlook for the U.S. economy this year isn’t so rosy anymore.
12.03 / 02:19
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India weather update: Rain predicted in 18 states including Delhi, Kerala and northeast, Gujarat to witness heatwave
According to the India Meteorological Department (IMD), the first has originated in Iraq and is moving towards the hilly regions of northern India, bringing rainfall to the area. At the same time, a second cyclonic circulation has developed over Bangladesh and will bring rainfall in eastern and north eastern states over the next five days. In contrast, the weather department has issued a heatwave alert for the western state of Gujarat. The state is expected to experience severe heat on Wednesday, with temperatures predicted to range between 37 to 41 degree Celsius in several areas. The IMD forecasts the heatwave till Thursday, which could extend until Friday.
11.03 / 18:35
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Steel companies may go slow on capacity expansion as imports hit margins: Analysts
Steel companies may hold back investments to expand capacity as increasing imports shrink profit margins and eat into their market share, said analysts. India aims to achieve the target of 300 mt crude steel capacity by 2030 under its National Steel Policy. «Steel capacity expansions may slow down in case domestic steel prices are adversely impacted due to increasing imports,» said Amit Bhargava, partner and national head-metals and mining, KPMG in India.
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