2025-03-11Niranjan Ghatule
Bharti Airtel has announced a groundbreaking partnership with SpaceX to bring Starlink’s high-speed satellite internet to India. This collaboration aims to improve connectivity, especially in remote and rural areas, by leveraging Starlink’s low-latency, high-speed satellite network.
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2025-03-11Niranjan Ghatule
IndusInd Bank witnessed a sharp 27% intraday decline in its stock price, raising investor concerns over financial stability. The fall was linked to an accounting issue that the bank’s management recently identified. In response, Ashok Hinduja, Chairman of IndusInd International Holding, addressed the situation, emphasizing the bank’s transparency, financial resilience, and future plans to restore
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2025-03-11Niranjan Ghatule
The life insurance industry experienced mixed trends in February, with some insurers showing strong growth while others faced declines. This article analyzes the performance of major players—HDFC Life, SBI Life, Axis Max Life, ICICI Prudential Life, and LIC—across three key metrics: Premium Growth (YoY), Total Annualized Premium Equivalent (APE), and Retail APE.
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2025-03-11Niranjan Ghatule
This article discusses IndusInd Bank's stock hitting a 15% lower circuit following the disclosure of discrepancies in its derivative portfolio accounts. The bank estimated a ₹2,000 crore hit to its net worth, attributing the issue to a process flaw in FX hedge accounting that understated costs.
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2025-03-10Niranjan Ghatule
Ashoka Buildcon Limited has secured a Letter of Acceptance (LOA) from Maharashtra State Electricity Transmission Co. Limited (MSETCL) for a project worth Rs. 311.92 crore (inclusive of GST). This marks a significant achievement for the company, reinforcing its position in the infrastructure and power transmission sectors.
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2025-03-10Niranjan Ghatule
The latest ISec export data for February 2025 shows a mixed performance in India’s specialty chemicals sector. While most companies struggled with either month-on-month (MoM) or year-on-year (YoY) declines, Gujarat Fluoro, Navin Fluorine, and Clean Science stood out by delivering growth on both fronts. Their strong demand across specialty chemicals and fluoropolymers highlights their market streng
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2025-03-10Niranjan Ghatule
The article discusses SPML Infra Limited's recent agreement with the Water Resource Department, Hazaribagh, for a ₹617.98 crore irrigation project under the Konar Irrigation Project in Jharkhand. The project aims to enhance irrigation infrastructure across 12,599.43 hectares of agricultural land in Hazaribagh, Bokaro, and Giridih districts.
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2025-03-10Niranjan Ghatule
Zydus Lifesciences Limited has received final approval from the USFDA for its Ketoconazole Shampoo, 2%, a widely used antifungal medication for treating dandruff and other skin conditions. The product will be manufactured at the company’s facility in Changodar, Ahmedabad. With an annual market size of USD 68.89 million in the U.S., this approval strengthens Zydus’ position in the pharmaceutical
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2025-03-08Niranjan Ghatule
This article is for informational purposes only and does not constitute financial or investment advice. Investors should conduct their own research or consult with a professional advisor before making any investment decisions. Sensexnifty.com is not responsible for any financial losses arising from investment decisions based on this article.
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