GIFT Nifty slides as Iran flags gas field strike, warns of Gulf oil attacks
GIFT Nifty fell 1% after Iran reported US-Israeli airstrikes on its gas field. Oil prices surged, Iran threatened strikes, and the Indian rupee hit a record low.
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Delta Corp, Tamilnad Mercantile Bank, Physicswallah receive over ₹2,200-cr tax demands
Delta Corp received tax notices worth ₹1,752.4 crore for FY22–23 over GST shortfall. Tamilnad Mercantile Bank got a ₹204.23 crore tax demand for AY2013–14. Physicswallah got ₹263.34 crore for AY2023–24.
US wholesale prices rose by a surprisingly hot 3.4% last month, the most in a year
US wholesale prices rose 0.7% in February, driven by food costs, with a 3.4% year-over-year increase. The Iran war spiked energy prices, pushing gasoline to $3.84 per gallon.
NATCO Pharma board to consider agrochemicals demerger on March 24
The company also said the trading window for dealing in its securities will remain closed between March 19-26, and will reopen on March 27, in line with insider trading regulations. Shares of the company ended ₹957.90 apiece, up 1.59% on…
United Breweries gets environmental clearance for new UP brewery
United Breweries got clearance for a new brewery in Unnao, UP, with a 1.3 million hectolitres annual capacity. Revenue rose 3.6% in Q3FY26.
Delhivery expands international parcel service to UK, Canada and Australia
Delhivery Ltd expands Economy Air Parcel Service to the UK, Canada, and Australia. Shares of Delhivery Ltd ended higher on Wednesday, March 18, by 5.03% at ₹422.55 on the NSE.
UltraTech Cement to acquire 26.18% stake in Sunsure Solarpark Seven for ₹19.2 crore
The ₹19.2-crore acquisition is aimed at meeting UltraTech’s green energy requirements, optimising energy costs and complying with regulatory requirements for captive power consumption under electricity laws. UltraTech Cement Ltd shares closed at ₹11,225, up ₹109 or 0.98%, on March 18…
Dow, S&P 500, Nasdaq slip as PPI inflation heats up ahead of Fed policy decision
Stocks fell Wednesday after a higher-than-expected producer price index. Dow Jones dropped 0.5%, S&P 500 and Nasdaq each declined 0.4%. Investors await the Fed’s rate decision.
Stocks to Watch for March 19: UltraTech Cement, GR Infra, United Breweries and more
From UltraTech Cement acquiring 26.18% equity shares of Sunsure Solarpark Seven to Nazara UK signing definitive agreements to acquire a 50% controlling stake in Bluetile Games S.L. and BestPlay Systems S.L., here are some stocks to track ahead of Thursday…
GR Infraprojects bags ₹2,441-crore NH-33 project in Bihar
The project is to be carried out under a public-private partnership framework and completed within 910 days, or nearly two-and-a-half years. GR Infraprojects shares closed at ₹925.05, down 0.68% for the day on Wednesday, March 18.