CLSA has an outperform rating on Jindal Steel with the target price at Rs 1,420. Analysts said the company’s Jan-March quarter (Q4FY26) adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) was slightly higher than estimates, mainly on higher volumes that rose 23% on the year (YoY) with adjusted EBITDA/tonne of Rs 10,103 (+Rs 3,100/t)….
NEW DELHI: As part of efforts to intensify Modi govt’s ‘Act East Policy’, Navy chief Admiral Dinesh K Tripathi has held a meeting with Myanmar Navy’s commander-in-chief Admiral Htein Win in Naypyitaw and discussed growing bilateral ties and enhancing maritime security in the Bay of Bengal region.Their meeting also focused on advancing naval engagements between…
Sanju Samson (Image credit: BCCI/IPL) Chennai Super Kings are back on track in the IPL, with their reliable opener Sanju Samson regaining form at just the right time as the team builds momentum. So far this season, Samson has scored two centuries and amassed 402 runs in 10 innings. In his yesterday’s match against Delhi…
Top stocks to buy (AI image) Stock market recommendations: Mehul Kothari, DVP – Technical Research at Anand Rathi Shares has recommended Castrol India, Concord Biotech, and Intellect Design Arena as the top stocks to buy today, May 6, 2026.Castrol India Ltd – Harmonic Completion with Momentum ConfirmationBuy: ₹186–₹180 | Stop Loss: ₹166 | Target: ₹214Castrol…
Google, Microsoft and Elon Musk’s xAI have entered an agreement to give the US government a “first look” at their most powerful artificial intelligence (AI) models before they are released to the public. This comes as officials in Washington are growing increasingly worried that advanced AI tools could be misused for cyberattacks or military purposes,…
Biocon chief Kiran Mazumdar-Shaw Kiran Mazumdar-Shaw, founder and chairperson of Biocon, has found her successor within the family. She outlined a gradual succession plan, naming her niece Claire Mazumdar as her successor. Taking to X, she said, “Claire will transition into my role at the right time—I’m not planning to hang up my boots just…
NEW DELHI: Taking a crucial step towards boosting the country’s nuclear energy programme, Atomic Energy Regulatory Board (AERB) has sanctioned “major equipment erection” at Units 5 and 6 of Kudankulam nuclear power plant (KKNPP).The permission, granted on April 30, marks a significant shift from civil construction to core plant development by allowing Nuclear Power Corporation…
A blast near Amritsar’s Khasa cantonment and a scooter fire in Jalandhar have sparked political outcry against the Punjab government. NEW DELHI: Two separate blast-like incidents in Punjab within hours of each other triggered panic and set off a political slugfest on Tuesday.In Amritsar, a suspected explosion was reported around 10:50pm near the Khasa cantonment…
Delhi Capitals’ IPL 2026 playoff hopes are fading fast after a string of losses, exposing critical issues in their batting, tactical confusion, and pressure handling. With only four games left and a negative net run rate, they face a daunting task to reach the required points. Their upcoming fixtures against strong opponents further complicate their…
NEW DELHI: A Delhi court Tuesday allowed confiscation of properties and assets linked to UK-based arms dealer and fugitive economic offender Sanjay Bhandari in a money laundering case probed by ED, reports Koushiki Saha. Bhandari, allegedly a middleman in defence deals, is accused of routing funds through shell companies and investing in properties in the…