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INDIA MARKET | Thu, 7 May 2026, 2:46PM IST Tata Group and JSW Group are separately funding research and development centers aimed at building in-house expertise in next-generation battery technologies and advanced EV systems

Continue reading at Business Standard

14m

INDIA MUTUAL FUNDS | Thu, 7 May 2026, 2:39PM IST Motilal Oswal Mutual Fund has launched the Motilal Oswal Contra Fund, an open-ended equity scheme based on a contrarian investment strategy. The NFO opens on May 8 and closes on May 22. The fund aims for long-term capital appreciation by investing in undervalued companies with turnaround potential across market cycles.

Continue reading at Economic Times

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INDIA MARKET | Thu, 7 May 2026, 2:37PM IST Bharat Forge reported a consolidated profit after tax (PAT) of 233.44 crore, down 1.4 per cent from 282.62 crore in the year-ago period

Continue reading at Business Standard

23m

INDIA BUSINESS | Thu, 7 May 2026, 2:36PM IST The Indian government held a 63.13 per cent stake in Coal India as of March 31, according to LSEG data

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INDIA BUSINESS | Thu, 7 May 2026, 2:35PM IST Awfis has expanded its presence in Chennai by leasing over 110,000 square feet for two new centres. This move increases Awfis' total footprint in the city to 875,000 square feet across 28 locations. The flexible office sector in Chennai is experiencing significant growth, driven by enterprise adoption.

Continue reading at Economic Times

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INDIA BUSINESS | Thu, 7 May 2026, 2:34PM IST Wadhwa Group has partnered with ArisUnitern RE Solutions for its Wadhwa Wise City township in Panvel to monetise inventory worth 650 crore

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27m

GLOBAL NEWS | Thu, 7 May 2026, 2:31PM IST A California couple rushed through Heathrow to catch their connecting flight, arriving with minutes to spare. But British Airways had already given away their seats.

Continue reading at The New York Times

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INDIA MARKET | Thu, 7 May 2026, 2:31PM IST Polycab India rose 5.64% to Rs 8,892.80 after the wires and cables maker delivered a strong March quarter performance, prompting multiple brokerages to raise target prices.

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30m

INDIA MARKET | Thu, 7 May 2026, 2:31PM IST Forged and machined components manufacturer Bharat Forge reported a consolidated net profit of Rs 233.45 crore in Q4 FY26, down 17.4% from Rs 282.62 crore in Q4 FY25.

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GLOBAL NEWS | Thu, 7 May 2026, 2:30PM IST The Ministry of Awe, a new immersive experience in a former bank in Philadelphia, aims to help locate the wondrous in the everyday.

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GLOBAL NEWS | Thu, 7 May 2026, 2:30PM IST After a crush of promises in 2016 that autonomous cars would soon rule the road, companies whose tech underpinned them have shifted to other industries, like managing shipyards and city traffic.

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31m

INDIA MARKET | Thu, 7 May 2026, 2:29PM IST M&M, ICICI Bank, Reliance Industries, L&T and NTPC supported the Nifty 50. Hindustan Unilever, Titan, TCS, Sun Pharma and Bajaj Finserv were among the main drags on the index.

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31m

INDIA BUSINESS | Thu, 7 May 2026, 2:25PM IST India's power demand is set for a significant rise of 5.0-5.5 percent in 2026-27. This growth will be fueled by industrial, commercial, agricultural, and household sectors. Emerging sources like electric vehicles and data centers will also contribute. Thermal plant utilization will stay steady. Distribution companies face challenges with high debt and muted tariff hikes, impacting their profitability.

Continue reading at Economic Times

35m

INDIA MARKET | Thu, 7 May 2026, 2:25PM IST Despite Mohsin Naqvis ambition of turning the PSL into the worlds top T20 league, the Pakistan Cricket Board is now caught in a widening financial crisis driven by unpaid broadcast dues, central-pool disputes, and mounting franchise obligations.

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36m

INDIA MARKET | Thu, 7 May 2026, 2:19PM IST Coal India shares fell on Thursday following a report about a potential government stake sale. The government may sell 3-4% of the company for approximately Rs 10,000 crore. This move could offer shares at a discount to the current market price. The company's recent financial results showed a profit surge.

Continue reading at Economic Times

41m

INDIA MARKET | Thu, 7 May 2026, 2:18PM IST The Hindi version of the song 'Sarke Chunar Teri Sarke' featuring Nora Fatehi and Sanjay Dutt, which released on March 15 on YouTube, came under severe public criticism over its allegedly sexually explicit lyrics.

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INDIA MARKET | Thu, 7 May 2026, 2:17PM IST MRF rose 1.01% to Rs 1,31,685 after the tyre maker reported a strong financial performance for the fourth quarter ended March 2026 and announced a hefty final dividend for shareholders.

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INDIA MARKET | Thu, 7 May 2026, 2:17PM IST Sales decline 26.08% to Rs 43.43 crore

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INDIA MARKET | Thu, 7 May 2026, 2:17PM IST Sales rise 6.66% to Rs 282.95 crore

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INDIA BUSINESS | Thu, 7 May 2026, 2:17PM IST Hexaware Technologies reported a 7.5 per cent rise in first-quarter net profit and maintained its annual growth guidance amid strong AI-led deal momentum

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INDIA MARKET | Thu, 7 May 2026, 2:17PM IST Sales decline 0.42% to Rs 2497.98 crore

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INDIA MARKET | Thu, 7 May 2026, 2:17PM IST Sales rise 17.53% to Rs 4528.04 crore

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INDIA MARKET | Thu, 7 May 2026, 2:16PM IST BSE, MGL, Britannia and IGL are among the companies to report Q4 earnings today.

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INDIA MARKET | Thu, 7 May 2026, 2:16PM IST Sensex Today | Stock Market LIVE Updates Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices were trading 0.36 per cent and 0.37 per cent higher, respectively

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44m

INDIA BUSINESS | Thu, 7 May 2026, 2:14PM IST UltraTech Cement is navigating rising costs for plastic packaging and fuel. These expenses are a concern for the company's target of double-digit volume growth in FY27. Despite these challenges, UltraTech is investing in capacity expansion and expects sustainable growth in the cement industry. Strong structural drivers like urbanisation and government infrastructure spending remain in place.

Continue reading at Economic Times

47m

INDIA BUSINESS | Thu, 7 May 2026, 2:10PM IST Air India's board convened in New Delhi today. Discussions focused on the airline's financial health and cost-saving strategies. The selection of a new Chief Executive Officer was also on the agenda. The West Asia conflict is impacting operations and increasing costs for the carrier. This meeting occurs as Air India pursues its transformation plan.

Continue reading at Economic Times

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INDIA MUTUAL FUNDS | Thu, 7 May 2026, 2:09PM IST Kotak International has launched its first UCITS ETF focused on the Indo-Pacific defence sector, offering exposure to rising military spending across key Asian markets. Developed with HANetf, the fund includes nearly 30% allocation to Indian companies, aligning with Kotaks strategy to expand global, theme-based investment offerings.

Continue reading at Economic Times

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INDIA BUSINESS | Thu, 7 May 2026, 2:08PM IST Tyre maker MRF Ltd on Thursday reported a 38 per cent rise in consolidated net profit at Rs 702.25 crore in the fourth quarter ended March 31, 2026, on the back of strong sales growth. The company had posted a consolidated net profit of Rs 510.5 crore in the corresponding period of the previous fiscal, MRF Ltd said in a regulatory filing. Consolidated revenue from operations in the fourth quarter stood at Rs 8,044.22 crore, as against Rs 7,074.82 crore in the year-ago period. Total expenses in the quarter under review increased to Rs 7,267.51 crore, compared to Rs 6,531.04 crore in the same period a year ago, the company said. MRF said its board has recommended a final dividend of Rs 229 per share of Rs 10 each, subject to approval of shareholders at the ensuing annual general meeting. For the entire FY26, consolidated net profit increased to Rs 2,426.1 crore from Rs 1,873.29 crore in FY25. Consolidated revenue from operations in FY26 stood at Rs 31,149.01 crore as against Rs 28

Continue reading at Business Standard

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INDIA MARKET | Thu, 7 May 2026, 2:06PM IST Amazon confirmed that the Amazon MX Player Android app will continue operating for free users, but with a rebranded Prime Video identity and interface.

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INDIA BUSINESS | Thu, 7 May 2026, 2:06PM IST Forgings and defence equipment major Bharat Forge Ltd on Thursday reported a 17 per cent decline in consolidated net profit at Rs 233.45 crore in the fourth quarter ended March 31, 2026, impacted by exceptional outgo due to the new labour code and impairment on investment in a subsidiary. The company had posted a consolidated net profit of Rs 282.62 crore in the corresponding quarter of the previous fiscal, Bharat Forge Ltd said in a regulatory filing. Consolidated revenue from operations in the fourth quarter stood at Rs 4,528.04 crore as against Rs 3,852.6 crore in the year-ago period, it added. Total expenses in the fourth quarter were higher at Rs 4,089.33 crore as compared to Rs 3,483.04 crore in the same period a year ago, the company said. Bharat Forge said it incurred a total exceptional outgo of Rs 98.73 crore in the fourth quarter due to impairment of investment in subsidiary, impact of labour code and incidental expenses on restructuring of its German arm, Bharat Forge C

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INDIA MARKET | Thu, 7 May 2026, 2:03PM IST The Reserve Bank of India has approved Kotak Mahindra Bank to acquire up to 9.99% of Federal Bank's share capital. This move positions Kotak Mahindra Bank as a potentially significant institutional shareholder in the Kerala-based lender. Investors will now monitor future disclosures to track the progress of this strategic stake acquisition.

Continue reading at Economic Times

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INDIA MARKET | Thu, 7 May 2026, 2:00PM IST The JD(U) is represented by a total of 15 ministers, 13 of whom took the oath at the Gandhi Maidan on Thursday.

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1h

INDIA NEWS | Thu, 7 May 2026, 1:56PM IST AirAsia has ordered 150 Airbus A220-300 jets in a deal valued at about $19 billion at list prices, marking the largest single order ever placed for the A220 planes. The fleet expansion order comes with the flexibility to upsize the commitment to 300 of the A220 Aircraft Family to meet future demand.The deal was announced Thursday at an Airbus factory in Mirabel, Quebec in the presence of Canadian Prime Minister Mark Carney.Also read: AirAsia Co-Founder Tony about to give the world a new airlineGlobal airlines are now modernizing their fleets and moving to better aircraft to manage rising costs by purchasing fuel-efficient narrow-body jets. The Middle East war has added to those pressures, pushing prices for all sorts of fuels higher, especially Aviation-Turbine Fuel (ATF).In a statement released on Thursday, AirAsia said that the A220 aircraft is more fuel efficient and emits less carbon, helping to boost efficiency and better cope with high fuel prices and other costs. The aircraft, equipped with a capacity of up to 160 seats, the aircraft can reach profitability with fewer passengers, helping to open up smaller, high-growth markets and secondary hubs that were previously commercially unviable, it said.Tony Fernandes, the AirAsia's co-founder and adviser, said the order reflected the group's long-term growth ambitions and focus on cutting operating costs."In an environment of high fuel prices and volatility, the answer is not to stand still, it's to double down on efficiency," said Fernandes, who is also CEO of Capital A, the majority stakeholder in the airline. "This order reflects our long-term discipline and the scale of our ambitions. The A220 is the perfect tool for our next phase of growth."The airline expects the delivery of the aircraft is expected to begin in 2028, which would help to serve serve destinations across Southeast Asia and the wider Asia-Pacific. The move will further free up larger A320s and A321s for mid-haul routes and A330s to fly longer-haul routes to Europe, Australia and North America.The AirAsia order comes as a major boost for Airbus, pushing its total firm orders for the A220 planes beyond 1,000. As of the end of March 2026, Airbus said it had delivered 501 A220 aircraft to 25 carriers.

Continue reading at Economic Times

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INDIA MARKET | Thu, 7 May 2026, 1:51PM IST Motilal Oswal Contra Fund is suitable for investors seeking capital appreciation over the long term and investing predominantly in equity or equity-related investments through a contrarian strategy

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1h

INDIA BUSINESS | Thu, 7 May 2026, 1:50PM IST Emami will acquire a majority stake in IncNut Digital, owner of Vedix and SkinKraft, to strengthen its presence in the fast-growing beauty and personal care segment

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1h

INDIA MARKET | Thu, 7 May 2026, 1:50PM IST Sales rise 18.76% to Rs 455.90 crore

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1h

INDIA MARKET | Thu, 7 May 2026, 1:50PM IST Sales rise 13.70% to Rs 8044.22 crore

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1h

INDIA MARKET | Thu, 7 May 2026, 1:50PM IST Auto, media and metal shares advanced while FMCG, IT and PSU Bank shares declined.

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1h

INDIA MARKET | Thu, 7 May 2026, 1:49PM IST BSE Capital Goods index hit a new high of 79,887.59, up nearly 2% in Thursday's intra-day deal. The index has surged 17% in the past two months.

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1h

INDIA MARKET | Thu, 7 May 2026, 1:49PM IST Spider-Man: Brand New Day also features Jon Bernthal as Frank Castle(The Punisher). Although he did not appear in Daredevil: Born Again Season 2, his absence is expected to be explained in his upcoming solo project, Punisher: One Last Kill.

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1h

INDIA BUSINESS | Thu, 7 May 2026, 1:49PM IST The deal would be a private placement, and the launch timing could not be ascertained immediately. Deutsche Bank is the arranger

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1h

INDIA MARKET | Thu, 7 May 2026, 1:48PM IST Despite continued buying by mutual funds and retail investors over two quarters, several stocks have delivered weak returns, with many falling over 25% in six months. The data highlights that institutional accumulation does not always translate into near-term gains, even as a few stocks posted strong upside.

Continue reading at Economic Times

1h

INDIA MARKET | Thu, 7 May 2026, 1:45PM IST Craftsman Automation announced fourth quarter results on Thursday, May 7.

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1h

INDIA MARKET | Thu, 7 May 2026, 1:45PM IST ICICI Securities said that AI-led disruption in IT services and inflationary pressures from the West Asia war have emerged as key risks for India Inc during Q4FY26 results season

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