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Cement makers face a forgettable H1FY27 as prices weaken and costs rise

New Delhi, Aug. 17 -- The benefit of price hikes for cement companies in the June quarter (Q1FY27) was offset by a sharp rise in raw material costs. Blended price realizations rose 5% sequentially to ... Read More


Yotta targets $1.5 billion raise in FY27, including India IPO

New Delhi, Aug. 17 -- Yotta Data Services plans to raise $1.5 billion by the end of the current fiscal year (FY27), with private-equity funding ahead of its planned India listing determining how much ... Read More


Raja Venkatraman recommends three stocks for 17 August

Stock market recap, Aug. 17 -- Between 10 and 14 August, the markets witnessed a phase of consolidation marked by volatility and cautious investor sentiment. The Nifty 50 slipped 0.8% to close at 24,3... Read More


MTNL's Mauritius exit on hold as India weighs strategic interests

New Delhi, Aug. 17 -- India has kept plans to sell its stake in Mahanagar Telephone (Mauritius) Ltd, the Mauritius-based telecom unit of debt-laden state carrier Mahanagar Telephone Nigam Ltd, on hold... Read More


Stock recommendations for 17 August from MarketSmith India

Stock market update, Aug. 17 -- Indian benchmarks pared early losses to close only marginally lower on Friday, extending their losing streak to a fourth straight session. Nifty 50 slipped 29.85 points... Read More


India still lacks enough high-grade steel, leaving pipe makers relying on imports: Sminu Jindal

New Delhi, Aug. 17 -- India's steel industry is struggling to produce enough of the specialized grades used in oil and gas pipelines, leaving pipe makers such as Jindal SAW Ltd dependent on imports, s... Read More


Emergency Fund 2.0: Why Families Need an Income Buffer Along With a Cash Buffer

New Delhi, Aug. 17 -- Most financial planners recommend keeping at least six months of expenses as an emergency fund. For a family with EMIs, school fees, insurance premiums, and regular household exp... Read More


Private banks outshine PSU peers on profit, deposits and asset quality

Mumbai, Aug. 17 -- India's private-sector banks outperformed their public-sector peers in the June quarter, with higher aggregate profits, faster deposit growth and overall better asset quality, a com... Read More


Senior engineer laid off by Adobe becomes driver: 'Glad I'll be driving bus instead of computer'

New Delhi, Aug. 17 -- After more than two decades in the technology sector, a former senior engineer has taken up a career far removed from his previous profession after struggling to find work for mo... Read More


Govt push for star ratings on electric two-wheelers hits industry pushback

New Delhi, Aug. 17 -- New Delhi: Indian automakers are lobbying against the Centre's plan to introduce standardized energy-efficiency star-based rating for electric two-wheelers (e2Ws), according to t... Read More