Market News

Meta may cut up to 20% of its workforce as it leans harder into AI. The move points to a bigger shift in how the company is managing costs and growth. Read more.

Union Bank of India has approved a plan to raise up to ₹20,000 crore via long-term bonds to fund infrastructure and affordable housing. The bank may initially raise around ₹7,500 crore before March 2026, including a base issue and greenshoe option, as part of its broader capital strategy.

Alkyl Amines shares fell in early trade after an ammonia shortage forced a partial production halt at key plants. Weak quarterly earnings and ongoing stock decline added to investor concerns.

Rising oil prices are adding pressure on inflation, making the Fed’s next rate decision more uncertain. Here’s how it could affect interest rates and economic growth.

Tata Power’s Mundra plant remains shut due to a delayed agreement with Gujarat, causing losses of about ₹800 crore, even as the company awaits final approval to restart operations.

Tuesday, 17 March, brought another positive close for Indian equities, with gains holding despite mixed cues from commodities and overseas markets.

Reliance Industries has signed a $3 billion, 15-year agreement with Samsung C&T to supply green ammonia, with deliveries set to begin in FY29. The deal supports the company’s clean energy expansion and offers long-term demand visibility as it builds capacity in hydrogen and related segments.

Ola Electric is looking to raise ₹2,000 crore by selling a stake in its battery unit, Ola Cell Technologies, to strengthen local lithium-ion cell production and streamline its operations.

MakeMyTrip has brought RedBus India under its local subsidiary through an internal restructuring exercise while continuing to assess a possible India listing. The move places more of its core businesses within one local structure as the company sharpens its focus on India.

Banks have reported a sharp decline of 40% in the MFI portfolio in Q3 FY2026. The portfolio share has fallen to ₹65,687 crore.

SEBI eases SGF norms and allows intraday borrowing for mutual funds, but what does it mean for markets? Read more to find out.

IDBI Bank shares fell sharply after reports that its stake sale may stall due to low bids. This raised concerns over delays in the divestment process.