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SPIC's profit jumped to ₹29.5 crore in Q4FY26, up from ₹19.5 crore last year, thanks to smart cost-saving. Even with lower sales, they managed a big profit boost. The Chairman said, "we delivered a significant increase in profits through efficient cost control." They also recommended a 20% dividend.
Piyush Goyal is heading to Canada next week with over 150 business folks to boost trade talks and investments. He'll meet top Canadian leaders and pension fund managers, hoping to attract more money. Goyal said, "I will meet them to attract investments," aiming to grow bilateral trade and increase Canadian companies in India.
Big news! India is building 100 world-class industrial parks by 2032 to boost manufacturing. The government released guidelines for the BHAVYA Scheme, aiming for "investment-ready" ecosystems with great facilities. They said, "strengthen India's manufacturing ecosystem," and it's a huge project with over Rs 33,000 crore planned.
Commerce Minister Piyush Goyal is in Canada with 150 business leaders to boost trade. They aim to finish a new trade deal by 2026 and double trade to ₹4.65 lakh crore by 2030. The minister said, "A central focus of the visit is the advancement of India-Canada Comprehensive Economic Partnership Agreement (CEPA) negotiations."
Thailand's envoy wants to unlock the Andaman Islands' potential for regional growth. She said, "unlock the immense potential of the Andaman and Nicobar Islands." She believes the islands and Thailand are naturally connected, with proximity offering great chances for better trade, tourism, and lower costs. She sees big opportunities, especially in hospitality.
Bitcoin is facing a tough time, with over $400 million lost in just one day, even though U.S.-Iran tensions eased. Piyush Walke said, "easing U.S.-Iran tensions failed to revive sentiment." This drop happened because of worries about the economy, rising interest rates, and inflation, pushing investors away from crypto.
Market expert Sunil Subramaniam said "the previous quarter is not reflective of the current situation." He warns investors to be careful because of global issues and rising costs. He thinks June quarter earnings will show the real impact and guide the market. He likes consumer goods and capital goods companies.
Foreign investors have sold over Rs 30,000 crore in Indian stocks this May, adding to a huge Rs 2.22 lakh crore outflow this year. Experts say "global uncertainty and macroeconomic headwinds" are making them nervous. This cautious mood is driven by worries about oil prices and inflation.
Hey, guess what? Even with all the market ups and downs, regular folks kept buying more shares in some companies! Vedanta and MCX were among the top 10 where retail investors increased their holdings the most in the March 2026 quarter. It seems people are "gravitated towards sectors such as metals, energy."
Divi's Laboratories' profit jumped 13% in the January-March quarter, beating what experts thought. They're giving a ₹30 dividend too. Even though sales were a bit lower than expected, the company said "profit rises 13%, beating estimates". Their profit margin did slip a little, though.
Sebi busted a stock scam using social media! They found a group that pumped up small company stocks by spreading fake good news on apps like Telegram and X. Then, they sold their shares to regular folks at high prices. Sebi said, "they followed a classic pump-and-dump strategy," and took back over Rs 20 crore in illegal profits.
Dhoot Transmission, backed by Bain Capital, is planning an IPO to raise Rs 1,400 crores. They've filed updated papers with Sebi. The money will help pay off loans and build new factories. The company said, "we are among the top two players." They're a big name in wiring harnesses for bikes and cars.