By Harish Thapar , 29 April 2026

Indian equity markets advanced on the back of improving global sentiment and strong sectoral participation, with easing geopolitical concerns boosting investor confidence. Reports संकेत potential de-escalation between the United States and Iran around the strategically critical Strait of Hormuz helped calm fears of supply disruptions, supporting global risk appetite. Domestically, gains were driven by robust performances in pharmaceuticals and information technology stocks, with key corporate developments adding momentum.

By Harish Thapar , 29 April 2026

Hero MotoCorp is sharpening its focus on India’s youth market with a strategic push behind its Xoom scooter, positioning the product as a symbol of energy, individuality, and modern mobility. The company emphasizes strong brand alignment with younger consumers, highlighting performance, design, and street appeal as key differentiators. By integrating aspirational messaging with product innovation, Hero aims to strengthen its foothold in the competitive scooter segment.

By Keshav Sharma , 29 April 2026

The Securities and Exchange Board of India (SEBI) has extended the compliance timeline for debenture trustees by an additional six months, pushing the implementation deadline to October 27, 2026. The decision follows representations from industry participants highlighting operational difficulties in setting up the required systems and processes for effective execution of the regulatory framework. The extension aims to provide sufficient time for market intermediaries to align with the updated compliance structure.

By Vibha Dhawan , 29 April 2026

Punjab & Sind Bank is preparing to raise up to Rs. 3,000 crore through a share sale, primarily via a Qualified Institutional Placement (QIP), as part of efforts to comply with minimum public shareholding norms set by the Securities and Exchange Board of India (SEBI). The bank aims to reduce government stakeholding and increase public participation in its equity structure. Currently, the Government of India holds a dominant 93.85 per cent stake in the lender.

By Harish Thapar , 29 April 2026

Dalmia Bharat reported steady operational growth in the January–March quarter, with revenue from operations rising 3.76 per cent year-on-year to Rs. 4,245 crore. In the corresponding period of the previous financial year, revenue stood at Rs. 4,091 crore. The company had posted a net profit of Rs. 439 crore in the same quarter a year earlier, according to a regulatory filing. Earnings before interest, tax, depreciation, and amortisation (EBITDA) witnessed a sharp increase to Rs.

By Keshav Sharma , 29 April 2026

Anant Mukesh Ambani has urged the Colombian government to reconsider its plan to cull a population of invasive hippopotamuses and instead allow their relocation to India. In a formal proposal addressed to Colombia’s Environment Minister Irene Vélez Torres, he offered to fund and execute a scientifically managed translocation of approximately 80 hippos from the Magdalena River basin to his wildlife conservation facility, Vantara, in Jamnagar, Gujarat.

By Neena Sachdeva , 29 April 2026

Digital payments major PhonePe has announced a significant milestone, reaching 50 million merchants across India, marking a major step in the country’s ongoing financial digitisation journey. The company highlighted that its merchant ecosystem, which often begins with simple QR code-based transactions, has evolved into a broader gateway for formal financial services. These include access to credit and other financial products aimed at improving business efficiency and inclusion.

By Harish Thapar , 29 April 2026

The Enforcement Directorate (ED) has attached fresh assets worth Rs. 3,034 crore in its ongoing money laundering investigation involving companies of the Reliance Anil Ambani Group. According to sources, the attached properties are linked primarily to Reliance Communications and Reliance Infrastructure, encompassing a diversified portfolio of real estate and financial holdings. These include residential and commercial properties in Mumbai, a farmhouse in Khandala, land parcels in Sanand near Ahmedabad, and a substantial equity holding of 7.71 crore shares in Reliance Infrastructure.

By Neena Sachdeva , 29 April 2026

Indian equity markets began Tuesday’s trading session on a weaker note, with benchmark indices Sensex and Nifty slipping amid concerns over rising global oil prices and sustained foreign institutional investor outflows. The cautious sentiment reflected broader macroeconomic pressures, as investors reassessed risk exposure in the wake of volatile energy markets. The BSE Sensex dropped over 200 points in early trade, while the Nifty also recorded a moderate decline.

By Neena Sachdeva , 28 April 2026

India’s pharmaceutical sector continues to attract investor attention, and Sun Pharmaceutical Industries Ltd. stands out as a compelling stock within the space. Backed by a diversified portfolio, strong specialty drug pipeline, and expanding global footprint, the company has demonstrated consistent financial discipline.