Rights Financial News

IndusInd Bank shares will be in focus on Tuesday after the lender’s internal review estimated an adverse impact of approximately 2.35% on its net worth as of December 2024, according to an exchange filing on Monday. The review followed the Reserve Bank of India's (RBI) master directions on the derivative portfolios of lenders, issued in September 2023. It examined the bank's «Other Asset and Other Liability» accounts and identified discrepancies in account balances.

Syngene International will be in focus on Tuesday after the company announced that it acquired its first biologics facility in the United States from Emergent Manufacturing Operations Baltimore, a unit of Emergent BioSolutions, for $36.5 million. “The new site will increase Syngene’s single-use bioreactor capacity to 50,000L for large molecule discovery, development, and manufacturing services. Additionally, it will provide Syngene’s customers with continuity of supply from its four development and manufacturing facilities located in India and North America, offering services ranging from cell line development, process optimization, and both clinical and commercial supply,” the company said in its press release.

Indian bond market remains steady as investors anticipate a potential rate cut by the Reserve Bank of India (RBI) in April, following a series of aggressive liquidity measures. Puneet Pal, Head-Fixed Income at PGIM India Mutual Fund believes that with an expected sub-4% CPI print, the Monetary Policy Committee (MPC) is likely to lower rates in its upcoming meeting. “The RBI has taken aggressive and proactive steps to augment domestic liquidity, and given the likelihood of a sub-4% CPI print this week, we expect another rate cut in the MPC meeting in April,” he said in a note.

CBSE class 10 Mathematics examination took place on March 10. According to initial student reactions, the paper was moderately difficult. Although CBSE does not release an answer key, an unofficial answer key can be accessed by students on several educational and institutional websites. The answer key will serve as an essential resource for students to verify their answers and estimate their scores. The CBSE Class 10 Mathematics question paper had 38 questions for 80 marks. The time allowed to write the paper was 3 hours. All questions were compulsory with some questions having internal choices.

Deepak Shenoy, Founder, Capital Mind, says from April 2nd, universally the reciprocal tariffs are in place. Given that, the next month is going to be volatile regardless of what happens. But I find that in markets, price uncertainty affects badly. That means markets just go down regardless of what the fundamentals might turn up. Stability will come only with some layer of certainty. We should look at the rest of this month and maybe the first few days of April as going to be tumultuous in the markets regardless. What do you make of the markets right now because the week gone by has been really good, but then comes Monday. Indeed, a volatile trading session. But given this weakness that we are seeing right now, what is your sense? Is this volatility here to stay? And what is the long-term trend that you are focusing on? Deepak Shenoy: There is a weakening trend in general. The rupee has weakened as well today, 20 odd paisa. There has also been a reversal in the market. But I feel this is mostly related to the uncertainty at a global standpoint because nothing meaningful in India has changed so far. One of the biggest threats right now is tariffs and what we will do to perhaps address them.

Mayuresh Joshi, Head Equity, Marketsmith India, says three triggers could lift Reliance out of a 52-week low. One, any de-merger news of either the telecom or the retail operations might act as a trigger for the stock. Second, the Street would like to see if the telecom ARPU increases can be sustained going forward. That will create a huge leverage in the individual telecom balance sheet, as well as retail. The maturity of Reliance Retail stores with consumption expected to make a big comeback, after the tax cuts starting from the first half of the next financial year, can be a huge boost for the retail operations. Third, both in terms of the oil to petchem business and some hope of Chinese recovery in terms of downstream product prices, might prop up the overall ROEs provided equity levels stay at manageable levels. These two-three things might work in favour of Reliance over the medium term. What is your current take on the chemical pack because that is one of the export-related plays and what has been happening in Europe, give us some sense that what are you picking up within the chemical basket as well as anything in particular that is looking interesting to you right now? Mayuresh Joshi: Two things, there is one part of the chemical basket which is highly commoditised including players in the soda ash space, for example, where China has a huge dominance and the other spaces which in reality belongs to the specialty chemical space as well where there are niche players and where the expectations in terms of core applications are limited to those niche players.

Subscribe to enjoy similar stories. Electrical equipment maker Schneider Electric is working on the next phase of investments in India and would soon roll out its capital expenditure (capex) plans, a top company official said. In an interview, Deepak Sharma, managing director and chief executive of Schneider Electric India, said that the company is working on manufacturing large-scale stationary batteries in the country in view of the growing demand for storage, and is exploring the right chemistry and technology for the business.

Subscribe to enjoy similar stories. New Delhi: Guidelines to make unsolicited calls and spam SMSes illegal have been kept in abeyance for now by the country’s top consumer watchdog.

However, a key question that investors often keep thinking and indecisive about is which one among them has the potential to offer better returns during a longer term? Market research firm The Motley Fool has provided an in-depth analysis about the two industry giants that can be helping the investors to make a right decision.

Rohit Sharma does not realise the full extent of it, but he has a deeply expressive face. Rohit tries, at all times, to stay calm and remain on an even keel, but his eyes unfailingly give away what’s buzzing in that brain and what is tugging at his heart. You saw a clear demonstration of this earlier in the Champions Trophy when Kuldeep Yadav failed to gather a throw from Virat Kohli. Rohit, who was backing up, let the bowler have a spontaneous spray. Just what are you thinking? Or are you thinking at all? Those seemed the questions. When he meets the ball with the full face of his broad bat and it makes exactly the right sound, Rohit almost freezes. He holds his shape, watching the ball do as he has commanded, piercing the field or clearing it and racing to the boundary. If you commissioned a sculptor to make a statue that used still life to show the poetry in motion of batting, this would be it. And there are times when even Rohit can’t help but stop and admire what he has just done.

Indo-US nuclear deal — especially expanding atomic power through foreign and private collaboration — in deep freeze is positive. But it has also put the spotlight on one of the most coveted, yet closed, spaces of India's security system: the atomic energy establishment. What this budget set rolling is just the beginning of a series of crucial decisions that could necessitate the Department of Atomic Energy (DAE) to make a fundamental shift in its approach. Which is why it may not be an easy path ahead. The first decision relates to management of the nuclear fuel cycle. At present, the entire cycle from mining the ore, obtaining nuclear fuel, to electricity production and then waste management is under DAE's strict control. The Atomic Energy Regulatory Board (AERB) ensures safety oversight in a tightly controlled affair monitored by the Atomic Energy Commission (AEC).

ICICI Securities Ltd from the bourses. Last year in August and October, Mumbai and Ahemadabad benches of the National Company Law Tribunal (NCLT) approved applications filed by the ICICI Securities Ltd and ICICI Bank to delist the private sector lender’s securities company from the bourses.

Subscribe to enjoy similar stories. Thousands of U.S. companies opened for business on Friday with no idea whether they had to pay tariffs.

Subscribe to enjoy similar stories. The squat is part of the holy grail of fitness. It’s one of the first few exercises one learns when they set foot in a gym, or start training at home, or even take an outdoor activity like running or cycling—you just can’t avoid it.

valuation reset, not a collapse of the real economy. «This time, it is not accompanied by excess and wasteful investments in any sector, job losses, property price crashes, leverage unwinding necessity by anyone, or an increase in NPAs,» the founder and chief investment officer of Helios Capital said on X, formerly Twitter. «This is a valuation correction of a group of companies without any underlying overall real economy harm, so it will not take time like before to stabilize and then recover.»

During the interview, she explained the reasoning behind her career transitions. Her first job, at a service-based company, became repetitive after three years, leaving her with limited growth opportunities. The second company she joined underwent an acquisition, which led to widespread layoffs, prompting her to leave after nearly three years. In her current role, the work did not align with her long-term career goals. When she requested an internal transfer to a project better suited to her skills, she was informed that she would need to stay for at least 2.5 years before becoming eligible. With no immediate path to advancement, she started exploring external opportunities. However, the hiring manager was unimpressed. He was particularly dissatisfied with her response about long-term goals. When she mentioned her aspiration to become an Architect to gain a deeper understanding of projects, he questioned why she wasn’t more focused on customer satisfaction. She explained that delivering high-quality work would naturally result in satisfied customers, but her answer was dismissed as being too tech-oriented. Feeling caught between justifying her career decisions and meeting the hiring manager’s expectations, she wondered if she needed to change her approach in interviews.

Bharti Telecom Ltd (BTL) — the main promoter-level controlling company that owns 40.47% in Bharti Airtel — needs a much higher dividend payout from the Sunil Mittal-led telco from FY25 onwards to service its hefty interest costs, analysts said. This is since BTL’s estimated annualised finance cost at Rs 3,183.2 crore is sharply higher than the modest Rs 600.6 crore and Rs 876.9 crore in dividend income it received from Airtel in FY23 and FY24 respectively. According to analysts, BTL’s surging interest costs have been driven by its mounting debt — now at almost Rs 38,000 crore — as it has been regularly buying shares held by Airtel’s promoters — Singapore Telecommunications (Singtel) and the Mittal family.

Donald Trump has asked U.S. Representative Mike Waltz, a retired Army National Guard officer and combat veteran, to serve as his National Security Adviser. The position, which does not require Senate confirmation, places Waltz at the center of handling several pressing global security challenges, including the wars in Ukraine and the Middle East, tensions with China, and the growing alliance between Russia and North Korea. Waltz’s Role and Policy Stance Waltz, a three-term Republican congressman from Florida, is known for his hawkish stance on China and Iran. He has been a sharp critic of the Biden administration’s national security strategy, including the U.S. withdrawal from Afghanistan and handling of Chinese espionage. Waltz has pushed for a tougher U.S. approach to counter China’s influence, calling for a boycott of the 2022 Beijing Winter Olympics over human rights violations and concerns around COVID-19 origins.

Subscribe to enjoy similar stories. Cloud firms that rent out servers have been some of the early winners in the AI revolution. Some of the early winners in the AI boom are the cloud companies that rent out servers—primarily Amazon.com, Microsoft, and Alphabet.

“India has a unique opportunity to position itself as a global AI talent hub. However, by 2027, the job openings in AI are expected to be 1.5–2x of the talent availability. The challenge—and opportunity—lies in reskilling and upskilling a significant portion of the existing talent base on emerging technology tools and skillsets,” said Saikat Banerjee, Partner and leader in Bain & Company’s AI, Insights, and Solutions practice in India. He added, “The AI talent shortage is a significant challenge, but not invincible. Addressing it requires a fundamental shift in how businesses attract, develop, and retain AI talent. Companies need to move beyond traditional hiring approaches, prioritize continuous upskilling, and foster an innovation-driven ecosystem.”

JSW Steel climbed as much as 2.1% on Monday to a four-month high of Rs 1,032.5 on the BSE, after the company reported a 12% year-on-year (YoY) increase in consolidated crude steel production for February 2025. In a filing to the exchanges on Friday, JSW Steel said its consolidated crude steel production for February stood at 24.07 lakh tonnes, compared to 21.49 lakh tonnes in the same period last year. The company’s domestic operations contributed 23.32 lakh tonnes, reflecting a 13% YoY jump, while its U.S. steel production came in at 0.75 lakh tonnes.