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Clean Max Enviro Energy Solutions projects its operating earnings to reach a ₹3,000 crore run rate by FY27, driven by surging power demand from AI and data centers.
Capital market stocks, including Angel One and KFin Technologies, rallied up to 9% on March 18, driven by a broader market recovery and renewed investor confidence.
Powerica Limited has announced a price band of ₹375-₹395 per share for its ₹1,100 crore IPO, which is set to open for subscription on March 24, 2026.
The US Federal Reserve is expected to maintain its benchmark interest rate at 3.50%-3.75% amid rising geopolitical tensions, high oil prices, and persistent inflation concerns.
The Federal Reserve's FOMC concluded its March 2026 meeting by holding interest rates at 3.5%-3.75%, adopting a cautious stance due to rising inflation risks from geopolitical conflict.
Escalating conflict between the US and Iran has effectively closed the Strait of Hormuz, causing a 70% drop in traffic and pushing Brent crude oil above $100 per barrel.
Cube Highways Trust, a leading infrastructure investment trust, has filed for a Rs 5,000 crore Initial Public Offering, which is entirely an Offer-for-Sale.
India's foreign exchange reserves have fallen to a three-year low, prompting analysts to question the RBI's strategy of defending the weakening rupee amid rising imports.
Swan Defence and Heavy Industries shares hit a 5% lower circuit after promoter Hazel Infra announced an offer for sale to divest a 5.01% stake.
Shares of Indian electric vehicle companies, including JBM Auto and Olectra Greentech, surged significantly on March 18 amid rising crude oil prices and high trading volumes.
Mumbai-based Powerica aims to raise Rs 1,100 crore through its IPO to become debt-free, capitalizing on growth in its DG set and wind power businesses.
Cube Highways Trust, a major infrastructure investment trust, has filed with SEBI to raise Rs 5,000 crore through an IPO, converting from a private to a public InvIT.
The National Stock Exchange is advancing its long-awaited IPO, appointing intermediaries and targeting a valuation that could place it among India's top listed companies.
BEML Limited has achieved a major milestone by securing its first-ever overseas order for metro rolling stock, a USD 60 million contract for an African metro project.
Hexaware Technologies' stock surged over 5% following the launch of Agentverse, an enterprise AI platform with over 600 agents designed to scale AI adoption.
Reliance Jio Platforms has appointed 17 investment banks to manage its upcoming IPO, which is expected to be an offer for sale for existing shareholders.