Vedanta Limited plans to list four demerged business units on Indian stock exchanges by mid-May. The restructuring, approved by the company law tribunal, will create separate entities for steel, oil and gas, aluminium, and power. The base metals unit will remain with the parent company. This move aims to support growth and was initially announced...Read More

Precision components maker Indo-MIM Ltd. is gearing up for its India IPO, aiming to raise up to $700 million. The company has reportedly lowered its valuation target to $2.5 billion from $3.2 billion, reflecting a cautious market sentiment. The offering includes both new shares and a significant stake sale by existing investors.Read More

As Budget 2026 nears, crypto industry leaders are urging the government to introduce a regulated, transparent and compliance-driven framework, including lower TDS and loss set-offs, to revive onshore trading, improve liquidity and restore investor confidence.Read More

Dixon Technologies shares jumped after a strong Q3 profit print, but brokerages remain divided. While Motilal Oswal stays bullish, Goldman Sachs maintains a Sell, citing volume pressure and moderating growth, as memory costs and demand challenges persist.Read More

Indian sovereign bonds weakened Friday due to supply concerns ahead of the final debt sale before the federal budget and rising U.S. Treasury yields. Investors await the budget’s borrowing figures and the Reserve Bank of India’s policy decision next week, with the 10-year yield hovering around 6.71%.Read More

ACME Solar Holdings Ltd reported a 1.5% rise in net profit to Rs 114 crore for the December quarter, driven by a significant 53.9% surge in total revenues to Rs 617 crore. The company also declared an interim dividend of Rs 0.20 per equity share and partially commissioned 72 MW of wind projects in Gujarat.Read More

Jefferies strategist Christopher Wood has reduced India’s weighting in his Asia portfolio, citing heavy global investor positioning in AI-linked stocks in North Asia. In his latest GREED & Fear note, he said the rally in semiconductors has boosted Taiwan and Korea’s share in the MSCI EM index, dragging India’s weight down to 13.1%, its lowest...Read More

Shares of National Aluminium Company slid 9% on Friday as a sharp pullback in global and domestic metal prices, a stronger dollar and profit booking dragged the metal index down 4%, snapping a three-day rally and weighing on sentiment across commodity stocks.Read More

Donald Trump is set to announce his pick for the next Federal Reserve chair, with former Fed Governor Kevin Warsh emerging as the leading contender, according to Reuters and Bloomberg. Warsh’s meeting with Trump and his pro-rate-cut stance have boosted market expectations as political pressure on the Fed intensifies.Read More

Bitcoin plunged to a two-month low Friday, losing a third of its value since October’s record highs. Speculation that a potential new Federal Reserve chair might reduce liquidity in financial markets is hitting cryptocurrencies. This uncertainty, coupled with fears around AI exuberance following a tech stock tremor, is driving the selloff, impacting other digital assets...Read More