Servotech Renewable Power System, a manufacturer of EV chargers, solar products and power backup solutions, in its regulatory filing today, said that it has entered the electric three-wheeler segment with the launch of SULTAN, marking a significant expansion of its
Equity benchmark indices Sensex and Nifty ended lower on Monday, dragged by blue-chip HDFC Bank, Reliance Industries and IT stocks amid fresh warning from the US to further raise tariffs against India. Photograph: Arko Datta/Reuters The 30-share BSE Sensex dropped
The number of rights issues more than doubled and hit a 28-year high in 2025, even as qualified institutional placements (QIPs) shrank amid a broader market correction and the Securities and Exchange Board of India’s (Sebi’s) revised framework for rights
Macroeconomic data announcements, global trends and trading activity of foreign investors would be major driving factors for market movement this week, analysts said. Illustration: Uttam Ghosh Unabated capital infusion by domestic institutional investors have supported the positive trend in the
Electric vehicle (EV) penetration in the luxury car segment has seen a drop by nearly 3 percentage points in the GST 2.0 era with the internal combustion engine versions offering better total cost of ownership, according to industry players. Photograph:
The benchmark indices scaled fresh peaks on Friday, with the Nifty reclaiming and holding above the 26,325 mark as it logged its third straight session of gains. The index broke past the key resistance band of 26,200 to 26,300 and
US-Venezuela conflict: Gold and silver prices are likely to witness a gap-up opening on Monday, January 5, after US attacked Venezuela, triggering geopolitical tension in the region, according to market experts. “The US attack on Venezuela is expected to trigger
Foreign portfolio investors have started 2026 on a cautious note, extending their selling streak from last year by withdrawing Rs 7,608 crore ($846 million) from Indian equities in the first two trading sessions of January. Illustration: Dominic Xavier/Rediff The withdrawal
Brokerages also cut rating and share price targets for the stock Analysts have sharply reduced cigarette maker ITC’s earning estimates for the next two years, fearing a significant dent in the company’s profitability and margins. Illustration: Dado Ruvic/Reuters This is
Companies’ rent and lease expenses have seen a significant decline relative to the money they make since the pandemic. Illustration: Dominic Xavier/Rediff Rent and lease expenses were the equivalent of 0.72 per cent of the total value of goods produced
