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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.

Zomato shares faced pressure in today’s trade, dropping 5% to an intraday low of Rs 199.90 on the BSE after global brokerage BofA Securities downgraded the stock and cut its price target, citing profitability concerns in the quick commerce and food delivery segments. According to a report by CNBC-TV18, which cited BofA’s latest note, the brokerage downgraded Zomato to «neutral» from its previous «buy» rating and reduced the price target to Rs 250 from Rs 300.

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.

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.

Experts also believe the proposed increase in loan and asset classification limits will make it easier for all categories of banks, including private lenders, to achieve the disbursement targets, while potentially boosting margins. Private lenders usually fell short of achieving the targets set for them. «A majority of changes are in terms of higher limits, which will make it easier for banks to find the profile of borrowers,» said Karthik Srinivasan, group head, financial sector ratings, ICRA. «Banks achieve their targets, but the sub-categories create issues.»

«It's something to reassure. It's a good reminder for staff members to carry identification with them, including photos of their visas,» Stephane Dujarric, Spokesman for Secretary-General Antonio Guterres, said Monday. He was asked at the daily press briefing about the UN sending an email to staffers suggesting that they carry a form of identification at all times in case stopped by authorities in New York. When asked if this has ever happened before, Dujarric said «Not in my memory.» According to the note regarding proof of identity if «stopped by authorities in New York,» seen by PTI, the UN reminded all staff members and their families of the «importance» of carrying a form of identification at all times.

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.

NCC shares will be in focus on Wednesday after the infrastructure company secured two advance work orders worth Rs 10,804.56 crore (excluding GST) from Bharat Sanchar Nigam Limited (BSNL) for the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network of BharatNet. «The company has received two advance work orders dated 25th March 2025 from Bharat Sanchar Nigam Limited (BSNL) for the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network of BharatNet in the Uttarakhand Telecom Circle (Package No. 05) and Madhya Pradesh, DNH & DD Telecom Circles (Package No. 01),» NCC said in an exchange filing.

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.»

Trump administration on Tuesday added 80 companies and organizations to a list of companies that are barred from buying American technology and other exports because of national security concerns. The move, which targeted primarily Chinese firms, cracks down on companies that have been big buyers of American chips from Nvidia, Intel and AMD. It also closed loopholes that Trump administration officials have long criticized as allowing Chinese firms to continue to advance technologically despite US restrictions. One company added to the list, Nettrix Information Industry, was the focus of a 2024 investigation by The New York Times that showed how some Chinese executives had bypassed US restrictions aimed at cutting China off from advanced chips to make artificial intelligence.

NBCC shares will be in focus on Wednesday after the state-owned firm secured contracts worth a total of Rs 658 crore in Uttarakhand and Delhi. The company bagged a Rs 439 crore contract from the Uttarakhand Investment and Infrastructure Board (UIIDB) for multiple redevelopment projects in Haridwar. These include the Rodi Belwala Area Revitalisation, Sati Kund development, Har Ki Pauri and Subhash Ghat revitalisation, and the redevelopment of a parking and commercial area near the railway station.

Sergei Lavrov said in remarks published late on Tuesday. The United States reached separate deals on Tuesday with Ukraine and Russia to cease fighting in the Black Sea and pause attacks against energy targets, with Washington agreeing to push to lift some sanctions against Moscow. «We want the grain and fertilizer market to be predictable, so that no one tries to 'ward us off' from it,» Lavrov told the Russian state Channel One television. «Not only because we want… to make a legitimate profit in fair competition, but also because we are concerned about the food security situation in Africa and other countries of the Global South.» If implemented, the deal could be the first significant step toward U.S. President Donald Trump's goal to achieve a more encompassing ceasefire in the war in Ukraine that Russia started with its full-scale invasion three years ago.

Subscribe to enjoy similar stories. Jeffrey Goldberg, who writes frequently about foreign affairs and domestic politics, became the Atlantic’s editor in chief in 2016.

Subscribe to enjoy similar stories. Buy above: ₹104 | Stop: ₹101 | Target: ₹109-111 AB Infrabuild operates in the infrastructure and construction sector, which has seen robust growth due to government initiatives and increased spending on urban development projects. The company’s stock has delivered impressive returns, with a 113% gain over the past year, outperforming its sector peers.

Subscribe to enjoy similar stories. The Indian stock market has a gap-up opening on Tuesday, 25 March, setting the stage for an early uptrend. However, the market was unable to sustain higher levels, leading to a mild correction as traders reassessed their positions.

Subscribe to enjoy similar stories. MUMBAI : Bootstrapped upskilling firm Intellipaat Software Solutions Pvt. Ltd has appointed consultancy major EY to advise on its fundraising plans as it targets a revenue of ₹700-800 crore over the next two years, a top executive of the firm told Mint.

Subscribe to enjoy similar stories. As India's stock market undergoes active buying coupled with some short covering, Raja Venkatraman of NeoTrader recommends three hidden gems for Wednesday, 26 March. • ABINFRABUILD: Buy above: ₹104 | Stop: ₹101 | Target: ₹109-111 • VADILALIND: Buy above: ₹5,050 | Stop: ₹4,925 | Target: ₹5,550-5,700 • PANACEABIO: Buy above: ₹431 | Stop: ₹405 | Target: ₹475-490 Investors should consider these factors to reap meaningful returns in the next few weeks: ABINFRABUILD: Buy above: ₹104 | Stop: ₹101 | Target: ₹109-111 AB Infrabuild operates in the infrastructure and construction sector, which has seen robust growth due to government initiatives and increased spending on urban development projects.

qualified institutional placements (QIPs), a faster route for tapping the primary market, seeking to leverage a sharp rebound in the secondary market. Bankers say a few more firms are likely to launch QIPs in the coming week as companies look to capitalise on improving market sentiment and investor appetite.

Punjab Kings and their new skipper Shreyas Iyer, who anchored the team's batting and and missed his maiden IPL ton by just three runs against Gujarat Titans. Giving a dream start to the franchise in red in their IPL 2025 opener, Iyer smashed 97 runs to set 244 as target for the Shubman Gill-led team to chase. Iyer, the champion captain of IPL 2024, who led Kolkata Knight Riders to their second title win, hit five FOURs and nine SIXES, covering the Narendra Modi stadium 360 degrees. His knock is a carry-forward of his brilliant form he has carried right from domestic cricket to Champions Trophy. Shashank Singh's cameo knock of 44 runs added valued runs to the scorecard and the batsman smashed five boundaries in the final over, keeping the Kings' skipper on the non-striker's end. In an interview post his innings, Singh revealed that Iyer was clear that he doesn't want any batsman to care about his possible century but simply make runs for the team.

Of this, Rs 3,30,049 crore has been realised through minority stake sales in state-run firms and Rs 69,412 crore from strategic sales of 11 central public sector enterprises (CPSEs), Chaudhary said in a written reply. The strategic sales proceeds don’t include Rs 12,100 crore and Rs 320 crore received for NINL and FSNL (Subsidiary), as the government didn’t have any direct equity in these companies. Other transactions yielded Rs. 37,981 crore. He said since FY15, 18 CPSEs, including Life Insurance Corporation of India, have been listed, which yielded Rs 51,225 crore. An additional market capitalization of Rs 7.31 lakh crore was achieved through the new listings, the minister added. After the listing, further disinvestment in various CPSEs through offers for sale yielded Rs 1,34,771 crore, and Rs 45,104 crore was realized from the buyback of shares by 45 CPSEs.

‘The Buckingham Murders’ director took to X to express his support for the comedian. He flagged an abusive post that targeted Kamra. In response, an X user asked him why he did not stand up for Ranaut when her home was demolished in 2020, to which he retorted, “Was her house vandalised? Did goons enter her premises? Did they do this to challenge her freedom of expression or for alleged FSI violations? Please enlighten me. Maybe I don't know the facts." Ranaut, not to mince words, fired back. She stated how she was called slurs and her home was wrecked with bulldozers before the courts opened. She also claimed that people laughed at her ordeal and “raised a toast” to her public humiliation.