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CBI books second-biggest poll bond buyer Megha in Rs 315-cr graft case

The Central Bureau of Investigation has registered an FIR against Hyderabad-based Megha Engineering and Infrastructure Ltd, which was the second-biggest buyer of electoral bonds worth Rs 966 crore,......

Steel plant privatisation: Cong calls for Bastar bandh during Modi's visit

On the day of Prime Minister Narendra Modi's scheduled visit to Jagdalpur on Tuesday, the ruling Congress in Chhattisgarh has called for a Bastar shutdown alleging the Centre was planning to......

Banking, public transport services hit on day 1 of Bharat bandh

Banking and public transport services were thrown out of gear in West Bengal and Kerala on Monday as thousands of workers began their two-day nationwide strike against various policies of the......

SC allows NMDC to operate two mines in Bellary

In an interim order, the Supreme Court has permitted the state-run NMDC to operate two mines in Bellary district. The NMDC, which has been granted leases by the state government, was permitted by......

Maoists attack NMDC complex, gunbattle on

Around 50 armed Naxals attacked a complex of state-owned National Mineral Development Corporation, which is said to house large quantities of explosives, triggering a gunbattle with Central......

Volume rebound, moderate valuation positive for NMDC

Iron ore mining major NMDC’s results for the April-June quarter (Q1) of FY25 were better than estimates. Photograph: Courtesy, NMDC Weak volumes were balanced off by higher realisations,......

Pricing weakness likely to weigh on Indian steel companies' stocks

Steel companies are witnessing margin pressures in Q2FY25 and this may persist until China sees growth recovery. Photograph: Wolfgang Rattay/Reuters For some categories of steel prices are at......

After market rally, iron-ore miner NMDC stock to price in positives

NMDC, the country’s largest iron-ore miner, posted a consolidated revenue in the January-March quarter of FY24. Photograph: NMDC/LinkedIn This was in line with estimates at Rs 6,500 crore,......

As steel stocks falter, a silver lining for investors

Stocks of Indian steel companies are reeling from pricing pressure that is partly blamed on cheap imports. Photograph: Wolfgang Rattay/Reuters The stocks have declined up to 9 per cent on the NSE......

Factors that will guide the markets this week

Macroeconomic data announcements, the last batch of Q1 earnings and global trends are the major factors that would influence trading sentiments in the equity market in a holiday-shortened week......

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