Business

Despite a broad decline in the Indian stock market on Thursday, Bharat Dynamics Limited (BDL) emerged as a standout performer. While the Sensex slipped over 400 points in early trade and failed to enter positive territory through the day, BDL’s stock surged by 7.2%, hitting an intraday high of ₹1,628.60. Big Boost from Government Defence Order The sharp rally in BDL shares came on the back of two key developments — robust Q2FY26 results and a major defence order from the Government of India.The Ministry of Defence has awarded BDL a contract worth ₹2,095.70 crore for supplying the Invar Anti-Tank Guided Missiles to the Indian Army. According to the company’s exchange filing, the order will be executed over a period of three years. Strong Quarterly Performance BDL reported a stel...

Authored by: Bagish Jha | Times News Network | November 13, 2025 | 11:23 AM Faridabad/New Delhi: The Al-Falah University in Faridabad has come under the scanner following revelations that three of its faculty members were allegedly involved in the Delhi blast near the Red Fort metro station on November 10, which killed nine people and injured several others. Investigators have traced the terror module’s academic links to this private institution, bringing its management under close scrutiny. Trustee Linked to Nine Companies Records from the Ministry of Corporate Affairs show that Javed Ahmad Siddiqui, the Managing Trustee of Al-Falah University, is associated with nine companies. These firms operate across sectors including investment, education, software, energy, exports, and con...

Mumbai | November 13, 2025: After the much-anticipated demerger of Tata Motors, investors now have two separately listed entities — one for Passenger Vehicles (PV) and another for Commercial Vehicles (CV). While the Tata Motors (CV) stock made an impressive debut on Wednesday, listing 28% above its expected price, it has since seen a steady decline, raising the question — is this a short-term correction or a long-term buying opportunity? Strong Debut, Quick Pullback Tata Motors (CV) shares were listed on the NSE at ₹335, compared to the estimated issue price of ₹260.75 — a 28.5% premium. However, enthusiasm quickly faded. On Thursday, the stock dropped 3.9% to ₹316.5, marking a 5.5% decline from its opening price. On the BSE, it traded at ₹315, down 3.9%. In just two sessions, the st...

Balaji Wafers – a name synonymous with snacks for millions across India – is today valued in billions. But its journey began with struggle, determination, and a vision that refused to be daunted by hardship. Humble BeginningsChandubhai Virani was born on 31 January 1957 in a poor farmer’s family in Jamnagar, Gujarat. Due to financial constraints, he could not pursue education beyond the 10th grade. By the age of 15, Chandubhai’s family moved to Dhandhuka in search of livelihood. Using a small amount of savings from his father, Chandubhai embarked on a journey that would later create one of India’s largest snack empires. Early Struggles and LearningChandubhai and his two brothers borrowed ₹20,000 to start a small agricultural products and equipment business in Rajkot. After two years ...

The insurance regulator IRDAI has adopted a firm stance following rising complaints about incomplete settlement of health insurance claims. More than half of all grievances under the Insurance Ombudsman system are related to health policies, with customers alleging that insurers are not paying the full claim amounts. Regulator Demands Transparency and SpeedIRDAI has directed insurance companies to process claims with honesty, transparency, and promptness, warning that repeated deductions and delayed payments are eroding customer trust. The regulator is closely examining why full payments are not being made on health insurance claims, highlighting the seriousness of the issue. On the occasion of Insurance Ombudsman Day, IRDAI Chairman Ajay Seth stated, “We have observed persistent sho...

Global billionaire rankings saw a dip for several top names this week, with Oracle founder Larry Ellison suffering the largest decline. However, domestic markets in India received a major boost from Bihar’s exit polls, which signaled a strong performance for the NDA. The surge in Indian share markets particularly benefited Gautam Adani. Shares across the Adani Group saw significant gains, with flagship company Adani Enterprises jumping 4.98%. As a result, the net worth of Adani Group Chairman Gautam Adani increased by $2.15 billion (approximately ₹1,90,55,52,52,500). According to Bloomberg Billionaires Index, Adani’s net worth now stands at $90.8 billion, making him the 19th richest person globally. In 2025 alone, his wealth has risen by $12.1 billion. Adani Group, a conglomerate wit...

New Delhi: India’s leading retail investment platform Groww, through its parent company Billionbrains Garage Ventures Ltd, made a successful stock market debut on Tuesday. Shares listed at ₹114 on BSE, a 14% premium, and at ₹112 on NSE, a 12% premium over the issue price of ₹100. The Grey Market Premium (GMP) had indicated a 5% gain, but the stock opened well above expectations, trading at ₹120.75 at 10:16 am—6.75% higher than the listing price and 20.75% higher than the IPO price. IPO Subscription Details The IPO was open from 4 to 7 November 2025 and witnessed overwhelming investor interest, being subscribed 17.6 times. While only 36.47 crore shares were on offer, bids worth ₹641.86 crore were received. Retail Individual Investors (RII) category: 9.43x subscription (6.63 cro...

Mumbai: Tata Motors’ newly demerged Commercial Vehicles (CV) business made a remarkable debut on the stock market on Tuesday, 12 November 2025, with shares listing on the NSE at ₹335, marking a 28.48% premium over the estimated price of ₹260.75. Analysts see this as a positive signal for the company, with long-term benefits expected from the strategic demerger. Demerger Details The listing follows the demerger of Tata Motors, which became effective on 1 October 2025. Under this scheme, shareholders of Tata Motors received one share of TMCVL for every one share held as of the record date, 14 October 2025. Post-demerger, the Commercial Vehicle division now operates under Tata Motors Commercial Vehicles Limited (TMCVL), while Passenger Vehicles (PV), Electric Vehicles (EVs), and Jagu...

New Delhi: Shares of Atul Auto, the three-wheeler manufacturer in veteran investor Vijay Kedia’s portfolio, gained for the third consecutive day, reflecting strong quarterly performance. On Tuesday, Atul Auto shares jumped over 12% during trading, while in early Wednesday trading on the BSE, the stock rose more than 1% to ₹502.75. The company reported an 80.9% increase in net profit for the second quarter of FY 2026, rising to ₹8.27 crore from ₹4.57 crore in the same period last year. Revenue during the quarter increased 4.49% to ₹92.48 crore, with total operational revenue growing 10% to ₹200.17 crore. Vijay Kedia’s Stake According to BSE filings, Vijay Kedia holds 18.20% of Atul Auto, equivalent to 50,50,505 public equity shares. His investment firm, Kedia Securities Pvt Ltd, al...

S New Delhi: India’s smartphone market recorded its highest sales in the past five years during the third quarter of 2025, driven by strong iPhone sales and the festive shopping season. Although Chinese brands like Vivo and Oppo led in overall unit sales, Apple became the star of the quarter, selling a record 5 million iPhones in India for the first time. This surge also boosted the average selling price of smartphones. Data from IDC’s Worldwide Quarterly Mobile Phone Tracker shows that total smartphone shipments reached 48 million units, marking a 4.3% increase compared to Q3 2024. The festive season’s growth was attributed to attractive pricing, heavy discounts, and easy payment options. However, demand remained weak in the lower segment (₹9,000–₹18,000) and entry-premium Androi...