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Wipro, Infosys, HCL Tech, TCS shares plunge amid US recession fears

AIMPWAMarch 14, 2025

IT stocks witnessed a significant decline on Wednesday as the Nifty IT index fell 2.91 per cent to close at 36,310.65, wiping out over ₹6,100 crore in market value amid growing concerns about the US economy and potential trade tensions. The sector-wide sell-off saw heavyweight Infosys leading the losses with a 4.26 per cent drop,...

Alkem launches generic empagliflozin low-cost diabetes drug in India

AIMPWAMarch 14, 2025

Mumbai-based Alkem Laboratories announced today the launch of generic empagliflozin and its combinations in India under the brand name “Empanorm.” The medication, which treats type-2 diabetes, chronic kidney disease, and heart failure, will be priced approximately 80 per cent lower than innovator products. The shares of Alkem Laboratories Limited were trading today at ₹4,709 down...

Tata Motors Shares rally 4% on remarks of JLR’s profitability targets, brokerages flag tariff concerns

AIMPWAMarch 14, 2025

Shares of Tata Motors ended among top gainers of Nifty 50 constituents on Wednesday after the management expressed confidence in meeting Jaguar Land Rover’s (JLR) FY25 EBIT margin guidance of 8.5 per cent, and it will also turn net debt-free by the end of the financial year. The stock ended 3.18 per cent higher on...

Indian equity markets closed today for Holi festival

AIMPWAMarch 14, 2025

Indian equity markets are closed today, Friday, March 14, in observance of Holi, the vibrant festival of colors celebrated across the nation. The holiday, which marks the arrival of spring, has led to a pause in trading activity on the domestic stock exchanges. The short trading week will give the market participants some extra time...

Glenmark expands diabetes portfolio with new Empagliflozin treatments

AIMPWAMarch 14, 2025

Glenmark Pharmaceuticals announced today the launch of Empagliflozin and its fixed-drug combinations in India under the brand names Glempa, Glempa-L, and Glempa-M. The shares of Glenmark Pharmaceuticals Limited were trading today at ₹1,390.85 up by ₹9.35 or 0.67 per cent on the NSE today at 12.37 pm. The SGLT2 inhibitor and its combinations are designed...

Top gainers & losers intraday March 12, 2025: IndusInd lead gains, IT stocks Infosys, Wipro, Tech Mahindra drag

AIMPWAMarch 14, 2025

Shares of IndusInd Bank, Kotak Mahindra Bank, Tata Motors, HDFC Bank and Sun Pharma traded among top gainers of Nifty 50. IT stocks faced significant sell-offs due to US economy growth concerns. Infosys, Wipro, Tech Mahindra and HCL Technology were among which laggards, including Adani Enterprises. The broader index faced heavy volatility. Sensex depreciated 393.86...

Markets extend losses as tech stocks plummet; banking shows resilience

AIMPWAMarch 13, 2025

Equity benchmarks Sensex and Nifty deepened their losses during midday trading on Wednesday, reversing their mixed opening as technology stocks faced a severe sell-off amid ongoing global trade concerns following Donald Trump’s return as US president. The BSE Sensex tumbled 392.20 points or 0.53 per cent to 73,710.12 by 1 PM, while the NSE Nifty...

Mutual Fund equity inflows tappers as markets tank

AIMPWAMarch 13, 2025

The inflow into equity mutual fund schemes plunged to ₹29,303 crore against ₹39,688 crore as the sharp fall in key benchmark markets rattled investors confidence. The equity asset under management was also down by about ₹2 lakh crore at ₹27.39 lakh crore against ₹29.46 lakh crore in January largely due to mark-to-market loss, according to...

Nykaa forms new wholly owned subsidiary – Nykaa Essentials

AIMPWAMarch 13, 2025

The shares of FSN E-Commerce Ventures Limited were trading at ₹161.65 down by ₹4.14 or 2.50 per cent on the NSE today at 2.05 pm. FSN E-Commerce Ventures Limited, the parent company of Nykaa, announced on 11th March the incorporation of a new wholly owned subsidiary called Nykaa Essentials Private Limited. The subsidiary, registered in...

EaseMyTrip partners with Sukoon Unlimited to offer specialised services for senior travellers

AIMPWAMarch 13, 2025

EaseMyTrip, one of India’s leading online travel platforms, announced today a strategic partnership with senior care provider Sukoon Unlimited aimed at enhancing travel experiences for elderly citizens. The shares of Easy Trip Planners Limited were trading at ₹12.40 up by ₹0.22 or 1.81 per cent on the NSE today at 2.30 pm. The collaboration will...

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Banks see cracks in the economy as consumers blink at inflation, tariffs

AIMPWAMarch 14, 2025

Banks are seeing lower credit-card spending, while delinquencies are rising. Source link

Budget lowers India’s average customs duty rate, sends positive signal to the US: CBIC chair

AIMPWAMarch 14, 2025

New Delhi: The customs duty rejig announced in the Union budget for FY26 lowers India’s average customs duty rate sharply from 11.65% to 10.66% and sends a positive signal to India’s trading partners like the US, Central Board of Indirect Taxes and Customs (CBIC) Chairperson Sanjay Kumar Agarwal said in a post-budget interview. The comments...

Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

AIMPWAMarch 14, 2025

Continuing its leadership in the gold loan sector, Muthoot Finance has surpassed ₹1 lakh crore in gold loan AUM as of March 14, 2025. The achievement comes amid a strong demand for gold loans, as credit availability from other sources, including fintech lending, unsecured loans, and microfinance, has moderated in recent months, said a press...

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

AIMPWAMarch 14, 2025

The days of intrusive tax scrutiny and compliance enforcement are over and tax administration will be based purely on trust and greater reliance on data mining, Central Board of Direct Taxes chairperson Ravi Agrawal said in a post-budget interview to Mint. Agarwal said that under the revamped new personal income tax regime, those with ₹24 lakh...

Budget 2025: Not all LED TV makers are thrilled about duty exemption on open cell parts

AIMPWAMarch 14, 2025

New Delhi: The exemption of import duties on components required for making open cells—a key part of LED televisions—has divided India’s nearly-$10-billion TV industry. A section of manufacturers sees the budget announcement as a big boost, but others say the relief will only benefit specific companies, not the entire sector. “The duty abolition will only...

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Latest Posts

Wipro, Infosys, HCL Tech, TCS shares plunge amid US recession fears

Alkem launches generic empagliflozin low-cost diabetes drug in India

Tata Motors Shares rally 4% on remarks of JLR’s profitability targets, brokerages flag tariff concerns

Indian equity markets closed today for Holi festival

Glenmark expands diabetes portfolio with new Empagliflozin treatments

Top gainers & losers intraday March 12, 2025: IndusInd lead gains, IT stocks Infosys, Wipro, Tech Mahindra drag

Markets extend losses as tech stocks plummet; banking shows resilience

Mutual Fund equity inflows tappers as markets tank

Nykaa forms new wholly owned subsidiary – Nykaa Essentials

EaseMyTrip partners with Sukoon Unlimited to offer specialised services for senior travellers

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Banks see cracks in the economy as consumers blink at inflation, tariffs

Budget lowers India’s average customs duty rate, sends positive signal to the US: CBIC chair

Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

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Banks see cracks in the economy as consumers blink at inflation, tariffs

Budget lowers India’s average customs duty rate, sends positive signal to the US: CBIC chair

Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

Budget 2025: Not all LED TV makers are thrilled about duty exemption on open cell parts

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Banks see cracks in the economy as consumers blink at inflation, tariffs

Budget lowers India’s average customs duty rate, sends positive signal to the US: CBIC chair

Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

Days of intrusive tax scrutiny are over, taxpayer facilitation is the new mantra: CBDT chairperson Ravi Agarwal

Budget 2025: Not all LED TV makers are thrilled about duty exemption on open cell parts

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