CEMENT PLANT
Adani Power eclipses Adani Ports to becomes Group’s most valuable stock with m-cap Rs 3.99 lakh crore
Adani Power Limited surged nearly 5% on Monday to hit fresh 52-week high, becoming the most valuable Adani Group firm. The company, with a ₹3.99 lakh crore m-cap, surpassed Adani Ports and Special Economic Zone. Strong stock momentum, new subsidiary formation, and reaffirmed ratings supported investor sentiment on the Street.
Don't short-change stakeholders; stay upbeat in tough times: JSW's Sajjan Jindal
Sajjan Jindal, Business Leader of the Year, shares his four-decade journey. He built JSW with passion and bold decisions. Jindal emphasizes stakeholder care and corporate governance for young entrepreneurs. He expanded into cement and paints, seeing potential beyond steel. Takeovers are a key growth strategy. The Economic Times Awards for Corporate Excellence will be presented on April 25.
Nuclear sprint for a power-hungry India
India is embracing small modular reactors for its clean energy future. These advanced nuclear units offer a stable power source, complementing renewable energy. SMRs are seen as crucial for decarbonizing heavy industries and boosting India's global standing. The nation is moving forward with this technology to meet rising energy demands and reduce fossil fuel reliance.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 36%
Whether you are a trader or an investor, there is one thing to watch carefully in the coming days: Earnings. The reason why this is important is because the market is likely getting into sector-specific mode and there will be sectors which will outperform while others stay under pressure. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%
It is tough to think positively about the markets when all the news is about blockades, wars, and everything that can disturb the global economy. But remember this: Whatever its intensity or length, there is enough historical evidence to show that markets have a greater probability of trading at a higher level a few months after a war. And no war in the Gulf has dragged on. So, all one needs is patience – and the ability to think beyond the war.
Vedanta questions metrics behind Adani’s winning bid for JAL
Vedanta Group is challenging the selection of Adani Enterprises' bid for Jaiprakash Associates Ltd. Vedanta claims its offer was significantly higher in value. The insolvency appellate tribunal is hearing the case. Lenders defended their decision, stating multiple factors were considered. Jaiprakash Associates has substantial assets across real estate, cement, and hospitality.
- Go To Page 1
Adani Group announces Rs 33,081 crore investment in Odisha across data, power, cement projects
Adani Group commits Rs 33,081 crore to Odisha for three major infrastructure projects: a data center, a thermal power plant, and a cement manufacturing unit. These initiatives aim to boost digital infrastructure, ensure energy security, and support manufacturing, creating 9,700 jobs and aligning with the state's economic growth goals.
6 things the elderly can do to overcome frugality mindset: What they can learn from youngsters
The young spend because they are optimistic and fearless about the future. We freeze at the idea of letting go because we worry about the rainy day. We know that we are so much better off and don’t have to worry about the future. Yet, we don’t know how to spend and indulge with a carefree heart that is not anxious.
Rs 5 lakh crore gains! Sensex soars 787 pts, Nifty reclaims 22,950; Iran-US ceasefire framework, 3 other factors behind the rally
Indian stock markets staged a remarkable recovery, erasing morning losses to turn positive by afternoon. This surge was primarily fueled by media reports of a Pakistan-brokered Iran-US ceasefire framework, significantly boosting investor confidence. Key sectors like Consumer Durables led the gains, while Reliance Industries bucked the trend.
40% of Nifty 50 firms faced EPS cuts amid March selloff: Check which stocks saw biggest cuts and upgrades
Indian markets experienced a sharp downturn in March, with Nifty 50 companies seeing significant EPS estimate cuts, particularly in aviation and infrastructure, due to soaring oil prices. InterGlobe Aviation faced the largest reduction. Conversely, oil & gas and metals sectors witnessed upgrades. Escalating US-Iran tensions continue to fuel investor concerns and oil price hikes.
Earnings downgrade alert: How $110 crude and Iran war are threatening India Inc's double-digit dream
Escalating Iran conflict and crude oil prices surpassing $110 a barrel are jeopardizing India Inc's projected double-digit earnings growth for FY27. Analysts warn of inevitable downgrades, particularly for import-intensive and crude-related sectors, potentially delaying the anticipated recovery by at least two quarters.
US-Iran War Day 37 Updates: Iran claims it shot down 2 US C‑130s and 2 Black Hawks
US Israel Iran News Day 37: The Iran-Israel conflict intensifies on its 37th day. Iran attacks Kuwait and Israel faces missile threats from multiple directions. Strikes inside Iran cause civilian casualties. US President Trump issues an ultimatum which Iran rejects. Tensions rise in the Strait of Hormuz. Lebanon front also sees escalation. Diplomatic efforts continue amid widening war.
Most difficult: Staying invested in businesses while ignoring noise called Gulf war; 19 stocks from different sectors to ‘hold’
Businesses that create long-term wealth are those where the demand runway is long, the competitive position is strong, and the management is competent. Everything else, tariffs and war included, is noise where the market is concerned. Loud noise, yes. Uncomfortable noise, certainly. But noise nonetheless. And these days, the noise level is not only high, but appears credible. To some extent, that is because of the disruption in the energy supply chains that are critical for India. But it is not the first time such noise has impacted the market – and it will not be the last. It will keep happening. Learn to live with, and manage, it.
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analysts
When will the Gulf war end? No one can answer that with any certainty. But whenever it ends, the probability is that volatility will continue for a while in most emerging markets, including India. We might, in fact, see the Indian market underperforming other markets. The reason we are saying this is because some sectors were facing headwinds even before the war began. And for others, things are not going to be easy.
Railways reports 1.67 billion tonne freight loading in FY26
Indian Railways set a new record for freight loading in fiscal year 2025-26. Loading increased by 3.25 percent, reaching 1670 million tonnes. This growth was driven by higher transport of fertilizers, pig iron, and finished steel. Iron ore and cement also saw significant increases. Freight revenue also rose. Projections indicate continued growth for fiscal year 2026-27.
Think beyond the war? 8 stocks from different segments of the engineering and capital goods sector, with upside potential of 6 to 42%
At this point of time, anything related to the Middle East is in trouble. Unlike past Gulf wars, the whole region is affected this time, with major damage to oil and gas infrastructure. So, yes, in the short term, a number of sectors and companies will be under pressure. There is, however, another way to look at it. When the rebuilding starts (and be sure that it will start as soon as the war ends), there will be some companies that will be in advantageous positions. Some will be direct beneficiaries, while some would benefit indirectly from the rebuilding.
Anil Agarwal challenges Adani's winning bid for $4 bln in assets, F1 track
Indian billionaire Anil Agarwal’s Vedanta is challenging fellow tycoon Gautam Adani’s winning bid for bankrupt real estate firm Jaiprakash Associates in the Supreme Court. The $4 billion asset pool includes homes, power and cement plants, and India’s only Formula One track near New Delhi.
Vedanta moves Supreme Court seeking stay on Adani's JAL resolution plan
Challenging the rejection of its revised bid, Vedanta told the apex court that the insolvency process lacked transparency and failed to maximise value for creditors. It alleged that the process followed by the JAL's committee of creditors in approving the plan of Adani Enterprises (AEL) was "unfair, opaque, and inequitable."
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 25%
The probability is high that the earnings of a large majority of sectors will suffer because of the Gulf war. For instance, sectors where natural gas is a key input were taking a hit in the very first days of the war itself. So, their Q4 numbers will be hit. As the war continues, there are clear indications that gas supplies will remain disrupted for some time to come. For many companies, it could mean trouble even for their Q1 numbers. In fact, sectors like QSR and tourism-related entities may also now come under pressure.
Iran war’s gas supply shock pushes top consumers back to coal
A second gas supply crunch in just over four years is pushing countries across Europe and Asia to fall back on the black stuff, perceived as a readily available alternative. Add in US political support, and coal’s long goodbye begins to look even more protracted, a reversal that threatens to undo years of progress on curbing harmful emissions.
Anil Agarwal says Vedanta got written win for Jaypee Group asset bid, later reversed
Mining baron Anil Agarwal stated Vedanta was initially declared the highest bidder for a Jaypee Group asset. However, the decision was later reversed. Gautam Adani's group was the only other bidder. The National Company Law Tribunal approved Adani's bid, which Vedanta has challenged. The National Company Law Appellate Tribunal is hearing the case.
Crusoe to build 900-megawatt AI data center for Microsoft in Texas
AI data center startup Crusoe said on Friday it will build a new 900-megawatt campus to run artificial intelligence workloads for Microsoft in Texas, as tech companies aggressively expand generative AI capacity. Located next to Crusoe's existing AI facilities in Abilene, Texas, the new campus will bring the site's total projected capacity to 2.1 gigawatts. On average, one gigawatt is enough to power 750,000 homes.
UltraTech settles arbitration dispute with Jaiprakash Associates over Dalla Super unit and mines
UltraTech Cement has settled its arbitration with Jaiprakash Associates Ltd concerning the Dalla Super unit and associated mines. The company will redeem preference shares valued at Rs 1,000 crore. This resolution concludes a long-standing dispute. The settlement also aids in monetizing Jaiprakash Associates' assets during its insolvency process. Adani Group is the successful bidder in that process.
High cement prices to crane operations cost: How rising fuel prices hit Australia’s property market, choking new housing projects amid Middle East conflict
The Middle East conflict is showing its impact on Australia's property sector. Rising fuel prices and interest rates are increasing construction costs. Building material and freight expenses have surged, putting many projects at risk. Builders face higher trucking and material prices. This situation is slowing down new housing developments across the nation.
UltraTech settles JAL dispute, agrees to redeem Rs 1k-cr shares
UltraTech Cement has finally settled a lengthy arbitration dispute with Jaiprakash Associates, paving the way for a fresh financial landscape. Under the newly minted agreement, ₹1,000 crore worth of preference shares tied to the Dalla Super cement project will be redeemed. This resolution is strategically aligned with the Adani Group’s recent acquisition, potentially easing their initial cash burden.
National Highway projects face cost overruns, delays as West Asia war disrupts supplies
India's National Highway projects are experiencing 5-8% cost increases and delays due to the West Asia war impacting input costs and supply chains. Key materials like bitumen, steel, and cement have seen significant price hikes, leading to project overruns. Companies are employing strategic sourcing and contractual clauses to manage these challenges.
NCLAT declines interim stay on Adani's Rs 14,535-cr bid for Jaiprakash Associates
The Insolvency Appellate Tribunal has not granted an interim stay on Vedanta's challenge to the NCLT's approval of Adani Group's bid for Jaiprakash Associates Ltd. The tribunal has sought a response from the Committee of Creditors within a week. The matter will be heard again on April 10.
NCLAT adjourns hearing on Vedanta petition to Tuesday, asks to implead Adani as party
The insolvency appellate tribunal NCLAT has ordered Vedanta Group to include Adani Group in its appeals. These appeals challenge the NCLT's approval of Adani's bid for Jaiprakash Associates Ltd. The tribunal cannot issue an ex-parte order. Adani Enterprises had previously outbid Vedanta for the acquisition. The case will be heard again soon.
Load More
