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The Latest Breaking News from ET Now

Maharashtra FDA bans serving food in newspapers, issues statewide food safety order

Maharashtra FDA has launched 'Safe Food, Healthy Maharashtra' banning food served on newspapers and enforcing strict hygiene. Hotels, restaurants, and delivery platforms must adhere to new standards, including FSSAI licensing, staff training, and proper food handling. Violators face severe penalties, including imprisonment and licence cancellation, as the state aims to…

The Economic Times

Block deal alert! Craftsman Auto shares in focus as promoter to sell stake worth Rs 486 crore

Craftsman Automation shares are under scrutiny as promoter Srinivasan Ravi plans to sell up to 2.01% stake via a block deal worth Rs 486 crore. This secondary transaction, with a floor price of Rs 9,250, follows a recent Rs 2,000 crore QIP. The move aims to monetize holdings and boost…

The Economic Times

Focus on structural trends, ignore market noise: Hiren Ved

Markets react quickly to news, but Hiren Ved of Alchemy Capital Management advises focusing on reality over narratives. He highlights a global capital expenditure supercycle and India's hidden AI opportunity. Earnings fears may be overstated as businesses adapt. Investors need patience and conviction to navigate market volatility and identify enduring…

The Economic Times

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MTAR Tech shares rally 12% after crashing 15% over 2 days. What lies ahead?

MTAR Tech shares rebounded 12% after a sharp two-day fall triggered by concerns over a potential project pause linked to Bloom Energy. The company clarified no such communication was received, easing investor worries. Strong order book growth, bulk deal activity, and broader market optimism supported the recovery.

The Economic Times

Bombay HC sets aside govt order on one-time spectrum charges on Airtel, Vodafone Idea

The Bombay High Court has cancelled the one-time spectrum charges for Bharti Airtel and Vodafone Idea. This decision brings relief of approximately Rs 20,000 crore to both companies. Bank guarantees submitted by the firms will be returned. All demand notices and orders concerning these charges have been set aside. The…

The Economic Times

Jubilant Foodworks shares crash 8% after Domino's India operator's Q4 results. What spooked investors?

Jubilant Foodworks shares dropped significantly after its fourth-quarter results. The Domino's India operator reported a profit rise but faced headwinds. Brokerages have reduced their target prices for the stock. Concerns include rising costs and slower growth. The company mentioned temporary LPG supply issues impacting operations. Analysts expect near-term pressure on…

The Economic Times

Cipla shares rally 8% despite 55% YoY slump in Q4 profit. Why Citi, Nuvama, other brokerages hiked target

Cipla shares surged on Thursday, extending gains to nearly 11% in two sessions, after several brokerages turned bullish on the stock despite a weak Q4 performance. The stock hit an intraday high of Rs 1,432.10 as investors focused on future growth prospects over near-term earnings pressure.

The Economic Times

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TVS Motor shares fall 4% after Q4 results. Here’s why Morgan Stanley, Goldman Sachs remain bullish

TVS Motor Company's shares fell over 4% after reporting a 19% YoY net profit jump to Rs 772 crore for Q4 FY26. Despite a 30% revenue increase, sequential profit declined 8%.

The Economic Times

Dr Reddy's shares in focus after Q4 net profit tumbles 86% YoY; Morgan Stanley, Goldman Sachs weigh in

Dr. Reddy's Laboratories shares: The pharma major posted a sharp 86% YoY drop in Q4FY26 consolidated net profit to Rs 221 crore, compared with Rs 1,587 crore a year ago. Following the weak earnings performance, several brokerages cut their target prices on the stock.

The Economic Times

IHCL shares in focus after Q4 results; firm highlights Iran-US war impact. Here’s what Morgan Stanley, other brokerages say

The Indian Hotels Company Limited (IHCL) reported a 15% year-on-year rise in net profit to Rs 600 crore for Q4 FY26, despite a 36% sequential decline. Revenue also saw a year-on-year increase but a sequential dip. The company acknowledged the impact of the Iran-US war on its operations, particularly in…

The Economic Times

ED raids Subhash Chandra-owned Essel Group’s Mumbai office: Report

The Enforcement Directorate has conducted searches at Essel Group’s Mumbai office, which also serves as the office premises for Zee Media, ET Now reported, citing sources.

Newslaundry

No Modi-Putin summit this year after they met in September- Indian govt source

Indian Prime Minister Narendra Modi and Russian President Vladimir Putin will not hold an annual in-person summit this year, an Indian government source said on Friday, after the two held discussions on the sidelines of an event in September.

Reuters

Revlon jumps on report Reliance Industries is weighing an offer

NEW DELHI: Revlon shares surged as much as 62% in New York trading after ET Now reported that Reliance Industries is considering buying the cosmetics giant.

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