Jefferies has a buy rating on Adani Enterprises with the target price cut to Rs 2,600 from Rs 2,750. Analysts said Adani Airports is facing near term traffic softness, delaying Navi Mumbai International Airport (NMIAL) ramp-up, but non-aero revenues and airport-led real estate monetisation continue to build. They also said that the company’s new energy…
New Delhi: India’s smartphone market is undergoing a sharp price reshuffle, with rising component costs, pushing devices into higher brackets and squeezing the entry segment.As of March 2026, more than 80 out of roughly 200 smartphone models (including memory variants) in India have seen price increases, with an average hike of about 15%. Further increases…
New Delhi: After months of negotiations, govt and auto industry on Thursday reached a consensus on the proposed CAFE-3 fuel efficiency norms, with companies agreeing to most of the draft circulated last week, even as concerns remain over meeting stricter emission targets by FY32.TOI has learnt that officials told industry representatives that the thrust of…
New Delhi: A powerful new AI model is forcing govts, banks, and technology firms to rethink the rules of cybersecurity – and in India, the stakes may be even higher.Claude Mythos, developed by Anthropic, has demonstrated the ability to autonomously detect and exploit software vulnerabilities, including flaws that have persisted for decades. Early tests revealed…
Mumbai: In volatile trades on Thursday, sensex opened about 600 points up on peace hopes in West Asia. However, the index gave up the gains by mid-session and closed 123 points (0.2%) down at 77,989 points on the back of profit taking at higher levels. Market players said any confirmation about the next round of…
Bengaluru: Amid lacklustre performance, Wipro approved its sixth-and largest-share buyback to date, worth Rs 15,000 crore at Rs 250 per share. Founder Azim Premji and the promoter group are set to participate in the buyback.As part of its capital allocation strategy, the board proposed buying back up to 60 crore equity shares of face value…
The Nagpur-Mumbai Samruddhi Expressway saw 1.55 crore vehicles in 2025-26, generating toll revenue of Rs 1,240.04 crore, marking a sharp rise from the previous fiscal.The toll collection was higher by Rs 499.41 crore compared to 2024-25, officials said, citing data from the Maharashtra State Road Development Corporation, according to PTI.The 701-km-long access-controlled corridor passes through…
India and Russia on Thursday held a round table to strengthen cooperation in the steel sector, focusing on supply chains, technology and research collaboration amid global uncertainties.A Russian delegation comprising industry representatives participated in discussions with Indian counterparts, enabling exchange of views on key issues such as raw material sourcing, technological collaboration, equipment manufacturing and…
The Reserve Bank of India has asked state-run oil refiners to reduce spot dollar purchases and use a special credit line for their foreign exchange needs, as part of efforts to ease pressure on the rupee, according to a Reuters report.The central bank has urged refiners to access the facility through State Bank of India…
Benchmark indices Sensex and Nifty ended lower in a volatile session on Thursday as profit-taking in banking and financial stocks erased early gains after a sharp rally in the previous session.The 30-share BSE Sensex fell 122.56 points, or 0.16 per cent, to close at 77,988.68, while the NSE Nifty declined 34.55 points, or 0.14 per…
