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How Is IRFC Expanding Beyond Railway Financing With ₹4,200 Cr Renewable Energy Push?
The shares of this large cap company majorly engaged in serving as the funding arm of Indian Railways, mobilizing funds from domestic and overseas capital markets, were in focus after the company expanded beyond railway financing. With the market capitalization of Rs. 1,01,163 Crores, the shares of Indian Railway Finance Corporation Ltd were trading at…
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Inflation-linked health cover: what you need to know
Health insurance covers may seem sufficient now, but inflation can raise surgery costs. Inflation-protection features adjust the sum insured at renewal, but often rely on CPI instead of actual medical inflation, which can be higher.
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8th Pay Commission: Postal employees seek 2025-26 bonus before Durga Puja; what they want changed
Postal employees have sought payment of the 2025-26 Productivity Linked Bonus before Durga Puja, while employee unions want the 8th Pay Commission to review the ₹7,000 bonus calculation ceiling.
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Power Mech Projects shares gain 3% after securing Rs 279 crore order from Telangana Power Generation Corporation
Power Mech Projects secured a Rs 279.20 crore, three-year O&M contract from Telangana Power Generation Corporation for YTPS. The order covers ash and coal handling plants across five 800 MW units. The company reported Rs 3,113 crore FY27 YTD inflows and a Rs 17,317 crore order book, supporting sustained revenue visibility and growth.
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Honasa Consumer Shares Fall 3% After Massive ₹643 Crore Block Deal Hits Early Session
Early venture investors in India’s newly listed consumer companies do not usually hold their stakes forever. Once the lock-ins are over, block deals become a regular way for them to return money to their own investors. Beauty and personal care is no exception. A few years after listing, the shareholder base often shifts from funds…
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Jeevan Pramaan 2026: What pensioners aged 80+ need to know about the October 1 Life Certificate window
The Department of Pension & Pensioners’ Welfare has not yet announced the 2026 dates for submitting Digital Life Certificates. Here’s what pensioners, especially those aged 80 years and above, need to know about the October 1 provision, Jeevan Pramaan and the annual Life Certificate requirement.
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BSE set to enter Nifty 50 from tomorrow, IT major Wipro to exit. What shareholders must know?
BSE has been included in the Nifty 50 after its six-month average free-float market capitalisation came in at Rs 1,40,879 crore. This is at least 1.5 times the six-month average free-float market capitalisation of the smallest constituent in the eligible universe, Wipro, whose average free-float market capitalisation stood at Rs 55,930 crore, according to the…
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Sensex slumps 700 points, Nifty below 22,600. 8 key factors rattling D-Street
On Tuesday, the Indian stock market faced a substantial downturn. This sharp decline came after a previous drop exceeding 1.5% the day before. A staggering Rs 4 lakh crore was wiped off in market capitalisation, as investors reacted to rising oil prices and climbing bond yields.
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Bharti Airtel, Vi shares rise up to 2% after Aug mobile subscriber data. Which is Nomura’s top pick?
India added 55 lakh mobile subscribers in August, according to data from the Telecom Regulatory Authority of India. Reliance Jio continued to lead with 24 lakh new users, while Bharti Airtel gained 21 lakh and Vodafone Idea over 5 lakh. Jio holds a market share of 39.31%, followed by Airtel with 38.01%. The growth in…
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Honasa Consumer shares fall 5% after Rs 643 crore block deal; Peak XV, Sequoia likely sellers
Honasa Consumer shares declined up to 5% after 1.4 crore shares worth Rs 643 crore changed hands in a block deal. The transaction comes after the Mamaearth parent reported a 116.5% YoY rise in Q1 FY27 profit to Rs 90 crore. The company has set a Rs 5,500-crore revenue target by FY31, aiming to expand…