Air India posts $2.8 billion annual loss, largest since Tata takeover

The loss marks Air India’s biggest annual loss since the airline was acquired by the Tata Group in 2022 Indian carrier Air India reported a loss of S$3.56 billion, or around $2.8 billion at current exchange rates, in 2025-26, which marked its largest annual loss since the Tata Group regained control of the airline in…

How should stock and mutual fund investors rebalance their portfolios amid market volatility? Here’s a guide

Amid increasing geopolitical risks and economic uncertainty, experts advise investors on how to rebalance portfolios effectively. Focusing on quality stocks, maintaining SIPs, and adjusting allocations can help navigate this volatile landscape.    This year so far has been challenging for equity investors largely due to increased geopolitical risks, higher crude oil prices, and the rupee’s…

ONGC hits 52-wk high, Oil India up 4%; what’s driving upstream oil stocks?

ONGC and Oil India are key beneficiaries if Brent price remains elevated above USD 70/bbl as their CMP is discounting ~USD 65/bbl net crude realisation amidst low risk of windfall tax, said analysts.   Shares of Indian upstream oil companies rallied up to 4 per cent on the BSE in Tuesday’s intra-day trade. Individually, Oil…

Amazon India to invest ₹2,800 cr to boost quick commerce, associate wellbeing

Amazon India on 23 April said it plans to invest over ₹2,800 crore to strengthen associate safety, health, and financial well-being measures and to boost its operations network across the country. The latest investment is part of the company’s stated commitment to infuse more than USD 35 billion in India by 2030, focusing on business…

Vedanta’s demerger plan gets NCLT nod; can now split business into 5 units

The ruling clears way for Vedanta’s vast operations to split into five separate units, of which four will focus on aluminum, power, oil & gas, and iron ore, respectively Vedanta Ltd on Tuesday secured approval from the National Company Law Tribunal (NCLT) bench in Mumbai to break up the oil-to-metals conglomerate into five separate units,…

India-UK FTA: Indian electronics, textiles, pharma, chemicals to get zero duty access

In labour-intensive sectors, tariffs on Indian exports to the UK have been slashed to nil from up to 20 percent on marine products, 12 percent on textiles and apparels, 8 percent on chemicals, and 10 percent on baseline metals, the Indian government said. India and the UK sign the Comprehensive Economic and Trade Agreement in…

Analyst sees short-term upside in Adani Green, Asian Paints & BoB shares

Looking ahead, select buzzing stocks like Bank of Baroda (BoB) Ltd, Asian Paints Ltd and Adani Green Energy Ltd are expected to remain in focus among traders.   Broader markets remained resilient, with the BSE MidCap index gaining 0.60 per cent and the SmallCap index rising 0.52 per cent. Indian equity markets paused their upward…

Tata Projects to raise funds at Rs 6,700 cr valuation through rights issue

Tata Projects, the construction subsidiary of the Tata Group, is raising Rs 2,500 crore through a rights issue at a valuation of Rs 6,700 crore. According to a company filing, the rights issue is priced at Rs 163.1 per share, which includes a premium of Rs 158.10. Shareholders participating in the issue include its largest…