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Asset quality risk, a worry for IndusInd

A Rs 525-crore contingency provision during the July-September period led to a 19 per cent fall in IndusInd Bank’s share price on Friday (October 25). Photograph: Anushree Fadnavis/Reuters......

M&A wave set to sweep over South cement market, say industry experts

UltraTech Cement's announcement that it would snap up a controlling stake in India Cements may only be a sign of more to come. Photograph: Amit Dave/Reuters In the wake of one of the......

Broking stocks slide on Sebi pivot

Shares of brokerages and market infrastructure institutions (MIIs) witnessed heavy selling pressure following the Securities and Exchange Board of India’s (Sebi’s) pivot to a uniform......

Growth, valuations support Ashok Leyland as competition rises in industry

The stock of commercial vehicle (CV) company Ashok Leyland is up 46 per cent in the past three months, gaining despite worries about a slowdown in sales volume. Photograph: PTI Photo from the......

Adani Group aims to become leader in cement sector in 4 years

Ambuja Cements’ announcement that it would acquire Hyderabad-based Penna Cement Industries could be the Adani Group company’s first step for wider inorganic expansion, according to......

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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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