Sachin Kumar

A woman was allegedly stabbed to death by her former partner inside a Mohali office. The accused later attempted suicide and remains critical. Police are examining CCTV footage.

A 30-year-old woman was allegedly stabbed to death by her former partner inside a private company's office in Punjab's Mohali on Thursday evening.

In a bold strategic move, Adani Energy Solutions has secured the smart metering firm IntelliSmart Infrastructure for a staggering ₹3,050 crore. This acquisition is not just a financial transaction; it's a calculated step to amplify their presence in the burgeoning smart meter market. With the government gearing up for a comprehensive deployment of smart meters, the timing couldn't be better.

Banks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs, making them cheaper than domestic fixed deposits. Industry experts anticipate $35-45 billion in FCNR(B) inflows, offering significant liquidity relief to banks facing deposit growth challenges.

Vedanta's demerger has boosted shareholder value. The combined market capitalization of the parent and four new entities surged significantly. Investors are showing a premium for pure-play exposure to sectors like aluminium and oil and gas. Vedanta Aluminium is the dominant value driver. The residual Vedanta entity also holds substantial valuation. Smaller verticals are yet to see a rerating.

Mahanagar Gas shares have surged on government's push for piped natural gas adoption, aiming for a 20% customer base increase. This move is expected to significantly boost PNG consumption and accelerate volume growth. Despite a recent rally, the stock's valuation remains attractive, with analysts predicting future earnings growth and potential for a re-rating as margin pressures ease.

Congress retains Raja Warring and Pratap Singh Bajwa in Punjab, while Charanjit Singh Channi is given a key campaign role ahead of polls.

Astral's stock dipped 11% after announcing a demerger of its chemicals business. Investors are concerned about the valuation and growth prospects of the standalone chemical entity, which currently lags the profitable plumbing segment. While analysts maintain 'buy' ratings, some have lowered target prices. The company anticipates significant revenue growth for the chemicals division in the coming years.

Akal Takht Demands Satluj Be Restored On OTT, Says Film Shows Atrocities Against Innocent People

Laser Power & Infra plans a ₹742 crore IPO to repay debt and fund expansion. The company expects growth from power infrastructure and network expansion projects. Revenue and profits have risen, and return ratios have improved significantly. However, elevated debt and raw material price volatility pose risks. The issue is suitable for long-term investors with higher risk tolerance.