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Morning News

03/03/2026

*Financial News**
Source: Leading newspapers
*Compiled by RUDRA SHARES* 
Vande Mataram
Tuesday, 03 March 2026


*Corporate & Industry*
• Lemon Tree eyes overseas expansion in next 5 years as outbound travel booms
• Fintech Pine Labs to launch stablecoin payments outside India, says CEO
• Tata Steel to invest ₹11,000 crore in Jharkhand, says Chandrasekaran
• Sebi slaps ₹10 lakh penalty on Coffee Day for financial misstatements
• 'Dabur acquires minority stake in RAS Beauty under new ventures arm
• Vodafone Idea and Ericsson tie up for deploying additional capex
• 'Seiko resets its India clock, targets 2x revenue in 3 years: Kawada
• Extended Iran conflict may disrupt L&T's order inflows, regional projects
• SBI DMD Nitin Chugh exits as contract term ends, digital role concludes
• 'Mahindra to exit Japanese farm equipment business JV with Mitsubishi
• 'Capacity expansion, new launches to support Navin Fluorine's growth
• Xduce Technologies buys additional 9% stake in Dev Information Technology from promoters


*Aviation & Travel*
• Air India and IndiGo partially resume flights on select long-haul routes


*Economy & Policy*
• India’s current account deficit widens to $13.2 billion in Q3 FY26
• Forex reserves rise on gold, dollar valuation gains despite balance of payments pressure: RBI
• Govt reviews impact with exporters, assures help to mitigate disruptions
• India, Canada sign $2.6 billion uranium deal, target $50 billion trade by 2030 with CEPA push
• India weighs emergency plan: Export curbs, more Russia oil, LPG rationing


*Markets & Investment*
• West Asia tensions rattle Dalal Street; pharma and metals buck the trend
• FIIs net sell shares worth Rs 3296 crore, DIIs net buy Rs 8594 on March 2
• Sedemac Mechatronics raises Rs 326 crore from 23 anchor investors; Rs 1,087-crore IPO to open on March 4
• 'Rajputana Stainless IPO to hit Dalal Street on March 9, price band set at Rs 116-122 per share
• India markets seen resilient to US-Iran-Israel tensions; risk rises if oil remains high
• Gold rises as escalating conflict in Middle East stokes demand


*Geopolitics & Global Tensions*
• 'Cyberattack risks rise for India amid Middle East tensions
•  Rubio warns Iran that ‘the hardest hits are yet to come from US military’ as conflict escalates
• ''Big wave yet to come': Trump warns as US escalates strikes on Iran
• 'Iran 'officially' shuts down Strait of Hormuz, says will fire on any ship trying to pass
• ' Iran War: After Qatar, Saudi, Jordan and UAE, Iranian missiles target Kuwait; Washington issues urgent evacuation order


*Politics & Governance*
• ECI full bench to visit Bengal on March 9–10 ahead of polls
• West Bengal turned ‘swarg’ for infiltrators: Amit Shah
• Mamata Banerjee to hold dharna on March 6, slams ECI as biased


*Jai Hind* 
*Rudra Hai to Mudra Hai* 
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