India’s block and bulk deal market is closing in on ₹4 lakh crore this year despite a 7% decline in the Nifty 50. Strong domestic institutional liquidity is helping promoters and private equity investors find buyers for large stakes.
The GST notice covers four financial years and relates mainly to alleged short payment of tax on services in Uttarakhand and turnover differences. Mahindra Holidays says it does not expect a material financial impact.
While AI optimism has boosted some technology-heavy Asian markets, investors have also found value in Thailand, Malaysia and the Philippines.
According to Crisil Ratings, tyre makers’ operating margins are likely to moderate to around 11.5-12% in FY27 from 14.2% in FY26, as raw-material inflation outpaces staggered price increases.
Ceigall India said the project carries annual transmission charges of ₹6,086.70 million, or ₹608.67 crore, for a period of 35 years.
HAL and Safran’s latest pact moves the Aravalli helicopter engine programme into development and production, a key step for India’s 13-tonne IMRH and naval DBMRH programmes, while also strengthening domestic aerospace manufacturing and maintenance, repair and overhaul capabilities.
Seshadri Sen, Head of Research & Strategist at Emkay Global, sees small- and mid-cap private banks benefiting as credit growth picks up, with capital raises strengthening their growth plans. Strong earnings are yet to fully reflect in valuations. Could these…
Shareholders will get one free share for every share they own, subject to approval. The company has also recommended a ₹3-per-share final dividend for FY26.
Shares of Avenue Supermarts, the operator of DMart, fell over 3% on Wednesday after 69.1 lakh shares, or 1.06% of the company’s equity, changed hands in a block deal worth an estimated ₹2,600-2,700 crore.
The project, called “Network Expansion Scheme in Western Region to Cater to Pumped Storage Potential near Satara (up to 4500 MW) – Part A”, was awarded through the Tariff Based Competitive Bidding (TBCB) process, with Adani Energy Solutions emerging as…