Share Market News

General Motors has relaunched its ACDelco brand in India through a licensing deal with Assurance Intl. It will focus on batteries and lubricants to take advantage of the country’s fast-growing automotive aftermarket.

CreditAccess Grameen has signed a $75 million syndicated loan agreement with global lenders, adding to its overseas funding base and supporting lending under its social loan framework focused on financial inclusion.

Government-owned IIFCL expects its loan book to exceed ₹1 Lakh Cr. by FY27 and aims to double its assets within three years.

The government has invoked the Essential Commodities Act to preserve the supply of LPG for domestic households. Companies are directed to use propane and butane supplies to produce LPG.

India recorded its highest-ever February electricity consumption at about 133 billion units, driven by warmer temperatures and rising industrial activity. Higher demand was also reflected in power market trading volumes, while electricity prices softened due to sufficient supply.

BSE SmallCap 500 and factor-based indices will expand the pool of tools for benchmarking the smallcap segment and increase investor participation.

Indian markets head into 9 March after the Sensex fell 1,097 points and the Nifty dropped 315 points, with ₹21,000 crore in FPI outflows, the India VIX near 20, and oil supply disruptions pushing crude prices closer to $100 per barrel.

Rajputana Stainless has launched its ₹255 crore IPO with a price band of ₹116–₹122 per share. The stainless-steel manufacturer plans to use the proceeds for debt repayment, capacity expansion, and general corporate purposes.

Fairfax Financial and OMERS have extended the IPO timeline of Anchorage Infrastructure, the holding company for Bengaluru’s Kempegowda International Airport, by 12 months, pushing the deadline to September 2026.

A rise in oil prices following the ongoing conflict in the Middle East sent markets tumbling in early trade on Monday, with the Sensex plunging more than 2400 points.

Food delivery platforms Zomato, Swiggy, and MagicPin saw growth momentum return in the December quarter, driven by stronger consumer demand and festive-season orders after a period of slower expansion.

Despite a ₹60 hike, LPG prices remain below market levels, while the government says petrol and diesel prices will not increase.