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Nippon Life India Asset Management allots 1.73 lakh equity shares under ESOP

Mumbai, May 11 -- Nippon Life India Asset Management has allotted 1,73,481 equity shares under ESOP on 11 May 2026. With this allotment, the paid up equity share capital has increased to 63,82,89,477 ... Read More


Cyient Semiconductors launches its first family of GaN power ICs

Mumbai, May 11 -- Cyient Semiconductors launched seven new gallium nitride (GaN) power devices for the Indian market, developed using Navitas Semiconductor's (Nasdaq: NVTS) industry leading GaN techno... Read More


Commodities Buzz: Silver net speculative long positions ease near two-year low

Mumbai, May 11 -- Precious metals speculators slightly cut their net long positions in the Silver futures markets last week, according to the latest Commitment of Traders (COT) data released by the Co... Read More


Nifty below 23,950; media shares drop

Mumbai, May 11 -- The domestic equity benchmarks traded with major cuts in mid-afternoon trade after U.S. President Donald Trump rejected Iran's response to a U.S. peace proposal, heightening concerns... Read More


Shyam Metalics Q4 PAT jumps 46% YoY to Rs 319 cr

Mumbai, May 11 -- Revenue from operations jumped 26.34% YoY to Rs 5,240.36 crore for the quarter ended 31 March 2026. Total expenses increased 24.24% YoY to Rs 4,513.48 crore in Q4 FY26. The cost of ... Read More


Canara Bank slides as Q4 PAT tanks 10% YoY to Rs 5,003 cr

Mumbai, May 11 -- Profit before tax (PBT) slipped 10.63% year on year (YoY) to Rs 5,765.57 crore in Q4 FY26. Net interest income (NII) rose 3.88% to Rs 9,808 crore in Q4 FY26 compared with Rs 9,442 c... Read More


Grindwell Norton jumps after Q4 PAT rises 28% YoY

Mumbai, May 11 -- Consolidated profit after tax stood at Rs 118.74 crore in Q4 FY26, up 28.31% from Rs 92.54 crore in Q4 FY25 and rose 24.77% from Rs 95.17 crore in Q3 FY26. Revenue from operations i... Read More


Sensex slumps 847 pts; Nifty trades below 23,950 mark; VIX rallies 8.40%

Mumbai, May 11 -- The domestic equity benchmarks traded with significant losses in the afternoon trade after U.S. President Donald Trump rejected Iran's response to a U.S. peace proposal, heightening ... Read More


Board of Shyam Metalics & Energy approves capex of Rs 2,700 cr

Mumbai, May 11 -- The board of Shyam Metalics & Energy at its meeting held on 11 May 2026 has approved new projects/ expansion plan of the company and its subsidiaries involving capital expenditure of... Read More


Crude oil rallies as renewed US-Iran tensions shake global markets

Mumbai, May 11 -- Crude oil prices surged sharply after renewed geopolitical tensions in the Middle East dampened hopes for a near-term peace agreement between the US and Iran. President Donald Trump'... Read More