News

AI startup Fractal Analytics is committed to going public by FY26, according to Founder & CEO Srikanth Velamakanni. The company is also working on launching an agentic platform.

Shares of Religare Enterprises Ltd ended at ₹234.55, down by ₹7.15, or 2.96%, on the BSE.

The Aluminium Association of India has urged the government to extend the RoDTEP scheme for aluminium producers in Advance Authorisation, EOUs, and SEZs. Without it, Indian aluminium exports may lose global competitiveness, impacting production and jobs. The industry awaits an extension beyond February 2025 to support domestic growth and exports.

Shares of Oil and Natural Gas Corporation Ltd ended at ₹229.75, up by ₹4.30, or 1.91%, on the BSE.

Shares of Morepen Laboratories Ltd ended at ₹42.80, down by ₹1.86, or 4.16%, on the BSE.

Union Commerce Ministry has indicated that the American investigation leading to reciprocal tariffs is likely to go on till April 1, adding that it’s not sure if it would necessarily mean the imposition of reciprocal tariffs from April 2 onwards itself.

Stating that the Philippines is the world’s largest exporter of nickel ore, with exports worth $1.95 billion primarily used in lithium-ion battery production, Manalo said that currently, 98% of the country’s nickel exports go to China, while the remaining 2% go to Japan. He invited India to become an active player in the Philippines’ nickel sector for export diversification, as well as for processing and the development of a value chain.

Shares of Star Cement Ltd ended at ₹204.50, down by ₹0.55, or 0.27%, on the BSE.

According to the terms of the Share Purchase Agreements (SPAs) executed, the joint venture agreements will be terminated upon the completion of the first tranche of acquisition of at least 6.1% and reclassification of Allianz from being a Promoter to Investor.

Shares of Triveni Engineering and Industries Ltd ended at ₹366.45, up by ₹1.60, or 0.44%, on the BSE.