A bank that investors wrote off because of its failing business structure is now slowly making a comeback. This is South Indian Bank, based in Kerala. It is among the first private sector banks of the state to become a scheduled bank.
REC Ltd. (Rural Electrification Corporation) is playing a critical role in securing India’s energy requirement. Started as a nodal agency to develop power infrastructure in rural areas in 1969, it has now transformed itself into a key infrastructure financing company in India, with “Maharatna” status.
The cool scoop finally got the approval for the strategic move the company was planning since January 2025- the green signal to go ahead with Hindustan Unilever Limited (HUL) demerging its ice cream arm, Kwality Wall’s, leading to a newly formed company, Kwality Wall’s (India) Limited (KWIL).
India’s decision to revoke the security clearance of ground-handling service provider Celebi Aviation has sent shockwaves across diplomatic, business, and aviation circles. The move reveals how national security considerations are increasingly shaping economic decisions at the intersection of commerce and foreign policy. It also highlights the rising scrutiny of foreign players operating in India, especially when geopolitical relations are tense.
Whether a late-night snack or a quick lunch at work, Zomato and Swiggy have made it easy to get food delivered fast. While ordering food online has become a part of our everyday lives, behind this comfort, the two giants are going through a difficult time. With most metros already saturated and tier-2 cities slower to convert, the question isn’t just about growth anymore, it’s about profitability. Zomato and Swiggy are both growing, but not making enough profits.
It’s not every day that a company’s share price drops over 60% in a single trading session. When Raymond Ltd saw its stock crash nearly 66.56% on May 15, it understandably raised some eyebrows. From ₹1,564.30 at Tuesday’s close to ₹523.10 on Wednesday, the plunge looked dramatic. But before jumping to conclusions, here’s what actually happened.
One small-cap stock that has drawn investor attention early on Wednesday, May 14, is HBL Engineering. Shares of the battery and railway safety solutions provider rose 5% in early trade, touching a high of ₹531.50 apiece on the BSE. The rally follows a significant regulatory milestone: approval for Version 4.0 of its Kavach System, a key safety mechanism for Indian Railways.
In the world of technical analysis, traders rely on patterns to predict potential price movements. One of the most reliable and widely recognized of these is the Head and Shoulders chart pattern. This pattern is known for signalling a trend reversal, and when interpreted correctly, it offers traders a strategic edge in identifying possible market turning points.
Indian stock markets opened on a strong note on Wednesday, driven by positive global sentiment and a sharp drop in retail inflation. The benchmark indices Nifty 50 and Sensex saw a healthy start, with Nifty 50 crossing the 24,700 mark and the Sensex climbing over 500 points in early trade.
Monday, 12 May, was a day of notable rally for Fusion Micro Finance Ltd., stock price, as it climbed over 8% in recent trading sessions. This was following the successful completion of the Warburg Pincus-backed NBFC’s ₹800 crore rights issue. The response to the offering was overwhelming, with the issue being oversubscribed by 1.5 times, indicating strong investor faith in the company’s future, especially at a time when the microfinance sector is regaining its growth momentum.
