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Mcap of 7 most valued firms erodes by ₹2 trn, TCS biggest laggard

The combined market valuation of seven of the top-10 most-valued firms eroded by Rs 2 lakh crore last week, with Tata Consultancy Services and Reliance Industries emerging as the biggest laggards, in-tandem with a bearish trend in equities. Last week, the BSE benchmark Sensex tanked 1,829.33 points, or 2.33 per cent, and the NSE Nifty […]

Reliance navigates oil market volatility with diverse sourcing, ops shifts

India’s largest private refiner Reliance Industries Ltd relied on diversified crude sourcing and operational agility to navigate a volatile energy market during the last quarter of FY26, marked by geopolitical disruptions and sharp cost swings. After the Iran war disrupted oil and gas flows from Gulf countries, Reliance, which operates the world’s largest oil refining […]

CIL plans comprehensive 10-year roadmap to slash 243 MT coal imports

State-owned Coal India Ltd is planning a comprehensive 10-year roadmap to slash the current 243 MT coal import volume through ramped-up domestic production, coal quality upgrades, and logistics cost parity. The proposed roadmap targeting coal import cuts includes a detailed forensic audit of imports, backed by sector-specific policies and phased shift strategies to boost local […]

Lodha Developers targets 17% pre-sales growth in FY27 at ₹24,000 crore

Realty firm Lodha Developers has set a target of achieving 17 per cent growth in sales bookings this fiscal to Rs 24,000 crore, amid strong housing demand. During the full 2025-26 fiscal, the company’s sales bookings rose 16 per cent to Rs 20,530 crore from Rs 17,630 crore in the preceding year. In its latest […]

ECI set to release exact voter turnout for 234-seat TN Assembly polls

The Election Commission is all set to release the exact number of persons who have exercised their franchise in the Tamil Nadu Assembly election, on Saturday. The voter turnout figures will include details of gender divisions: male, female and transgender. The single-phase elections to the 234-seat Tamil Nadu Assembly were held on April 23, and […]

No clarity on US-Iran peace talks as Islamabad stays under lockdown

Large parts of Pakistan’s capital remain under a tight security lockdown for over a week on Saturday, even as uncertainty persisted over the proposed second round of talks between the US and Iran. Arterial roads leading into Islamabad are sealed, while the Red Zone, housing key government buildings and diplomatic missions, remains under a strict […]

ED raids Raheja Developers in money laundering case over fraud with buyers

The Enforcement Directorate on Saturday conducted fresh searches against real estate company Raheja Developers as part of a money laundering investigation linked to alleged fraud with home buyers. They said about seven premises in Delhi-NCR are being covered as part of the action. The searches are being conducted in the matter of alleged fraud with […]