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Shilpa Shetty exits Coke over scheduling issues; Shefali Shah to replace her

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Shilpa Shetty exits Coke over scheduling issues; Shefali Shah to replace her



Shilpa Shetty exits Coke over scheduling issues; Shefali Shah to replace her

In February, mid-day had reported that Shilpa Shetty Kundra and Jackie Shroff were set to reunite for a slice-of-life series (Life in a metro with ’90s stars, Feb 21). But it looks like there has been a casting change in the series, tentatively titled Coke. Sources close to the development have told us that Shetty has exited the project. 

Jackie Shroff. Pic/Rane Ashish

Apparently the actor’s exit comes down to scheduling conflicts. A source revealed, “Shilpa was excited about the material and the chance to collaborate with Jackie again after Jung [2000]. But the dates could not be aligned, given her existing commitments.” The show, backed by Boong producers Shujaat Saudagar and Vikesh Bhutani, is expected to go on floors later this month.

Nupur Asthana

With the timeline locked, the makers have moved swiftly to secure a replacement. And a strong performer at that — Shefali Shah. Word is that the actor is in advanced talks to headline the story. Another insider shared, “The makers needed someone who could bring gravitas to the part. Shefali was always on their wishlist. The conversations have been positive, and the teams are now finalising the paperwork and dates.” 

mid-day reached out to Bhutani, who didn’t respond till press time.

8
Episodes in the slice-of-life series


IPL 2026, DC vs GT: David Miller hero or villain? Costly call is IPL 2026 Play of the Day in Delhi

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IPL 2026, DC vs GT: David Miller hero or villain? Costly call is IPL 2026 Play of the Day in Delhi


There are games you win from hopeless positions, and then there are games you lose from winning ones, and at the Arun Jaitley Stadium on Wednesday, Delhi Capitals managed to experience both in the space of a few overs as David Miller produced a breathtaking rescue act only to be left distraught at the finish when Gujarat Titans sealed a one-run win to open their account in IPL 2026.

IPL 2026, DC vs GT: Highlights | Scorecard

In a game of fluctuating fortunes, David Miller did the hard work, only to falter in a familiar fashion with a brain fade of his own at the end as Gujarat Titans opened their account by beating Delhi Capitals by the barest of margins, and if that felt like a script seen before, it is because Miller has a history in last-over chases, and it is not of a happy kind, with this latest Indian Premier League defeat he can add to that tally.

THE RESCUE ACT

KL Rahul and Pathum Nissanka laid the platform for DC in their run-chase. Courtesy: AP

KL Rahul and Pathum Nissanka had done the hard work upfront, putting Delhi Capitals in control with a 76-run stand off 49 balls, with Rahul anchoring the chase through a fluent 92 off 52 and Nissanka providing early momentum with a brisk 41 off 24, but just when the game seemed to be slipping away, Rashid Khan produced a spell that turned it on its head, removing Nitish Rana, the in-form Sameer Rizvi and Axar Patel in the middle overs to drag Gujarat Titans back into the contest and shift the momentum decisively.

The slide continued when Tristan Stubbs was run out, leaving Delhi Capitals suddenly staring at a familiar squeeze heading into the final two overs with 36 still needed, a target that looked steep once again despite the nature of the surface and the shorter boundary on one side, and just when the chase seemed to be slipping away, the pressure firmly sat with the hosts.

It was a tough ask, but there was still hope when David Miller returned to the crease after getting his finger treated in the dressing room. He had earlier retired hurt when Delhi needed 81 runs off 42 balls. While he had initially been expected to play around KL Rahul, that plan did not last long, as Rahul nicked behind off a full delivery from Mohammed Siraj two balls later, leaving Miller with the entire chase on his shoulders.

From that point, the chase became Miller’s responsibility, and he responded in the only way he knows, by taking the attack head-on as he laid into Siraj and Prasidh Krishna, clearing the short leg-side boundary repeatedly and dragging Delhi back into the contest with a sequence that shifted momentum sharply in their favour.

Miller’s assault on Siraj in the 19th over, where he struck two sixes and a four after the pacer had begun with a wide, was the defining passage of the chase, while at the other end Nigam’s boundary ensured that the equation came down to a manageable 13 off the final over, a scenario that would favour the chasing side more often than not.

THE BRAIN FADE

David Miller’s 41-run knock went in vain. Courtesy: PTI

Prasidh, despite having conceded 41 runs in his three overs until that point and with only four fielders allowed outside the circle due to a slow over rate, was handed the responsibility of defending the total, and the over began in Delhi’s favour when Nigam made room and found the fence off the first ball, only to fall the very next delivery while attempting to repeat the stroke, handing Gujarat an opening.

With nine needed off four, Kuldeep Yadav nudged a single to bring Miller back on strike, and when Prasidh missed his length with a slot ball that was dispatched high over long-off for a six, Delhi were left needing just two runs off the final two deliveries, a position from where defeat seemed almost impossible.

It was here that the game turned, not with a wicket or a piece of brilliance, but with a brain fade of the experience South African batter.

Miller, on strike and in complete control until that point, refused to take a single off the penultimate delivery, choosing instead to back himself to finish the game, a call that spoke of confidence but also carried obvious risk in a format where even one dot ball can undo the entire rescue job.

The reaction to that moment was immediate and unforgiving, with many calling it a brain-dead decision to not take the single and secure at least a tie when it was there for the taking, especially given the situation and the form he was in.

Prasidh responded with clarity under pressure, digging in a slower bouncer that Miller could not connect with despite a full-blooded swing, leaving Delhi needing two off the final ball and the game hanging once again.

What followed only sharpened the scrutiny around that earlier call.

On the last delivery, Miller went for the big hit once again and failed to connect, and as the slower ball took its time to reach Jos Buttler behind the stumps, the England wicketkeeper was already set and ready to release the throw, while Kuldeep had barely made it halfway down the pitch in a desperate attempt to complete the run, making the outcome inevitable as Buttler’s underarm hit found the stumps at the striker’s end to catch him well short and seal a dramatic win for Gujarat Titans.

WHAT COULD HAVE BEEN!

Kagiso Rabada consoled David Miller after the match. Courtesy: PTI

There is also the simple cricketing logic that will be hard to ignore in hindsight, that if Kuldeep had been on strike for the final ball and missed, Miller would have been far more likely to complete the run at the non-striker’s end, making the earlier refusal to take a single even more significant.

Miller finished unbeaten on 41 off 20 balls, an innings that had nearly pulled off one of the more remarkable chases of the season but will instead be remembered for the one moment that did not go his way, while in the dugout KL Rahul, whose 52-ball 92 had set the platform, could only watch in disbelief.

For Gujarat, it is relief and their first win of the season, for Delhi, a defeat that will linger because of how firmly they had the game in their grasp, and for Miller, another night where he was both the man who brought his team to the brink and the one who could not quite get them across it, which is why this moment stands as the IPL 2026 Play of the Day.

IPL 2026 | IPL Schedule | IPL Points Table | IPL Player Stats | Purple Cap | Orange Cap | IPL Videos | Cricket News | Live Score

– Ends

Published By:

sabyasachi chowdhury

Published On:

Apr 9, 2026 07:36 IST


Cabinet okays Rs 40,150 crore for two major hydropower projects in Arunachal Pradesh

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Cabinet okays Rs 40,150 crore for two major hydropower projects in Arunachal Pradesh


Cabinet okays Rs 40,150 crore for two major hydropower projects in Arunachal Pradesh

The Union Cabinet on Wednesday approved investments totalling Rs 40,150 crore for two major hydropower projects in Arunachal Pradesh, aimed at strengthening renewable energy capacity and regional infrastructure.The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, cleared the Kamala Hydro Electric Project (1,720 MW) and the Kalai-II Hydro Electric Project (1,200 MW), both to be developed through joint ventures between central PSUs and the state government.

Kamala project

“The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has approved investment of Rs 26,069.50 crore for construction of Kamala Hydro Electric Project (HEP) in Kamle, Kra Daadi & Kurung Kumey districts of Arunachal Pradesh,” an official statement said, adding the estimated completion period for the project is 96 months.The Kamala project, to be developed by NHPC Ltd in partnership with the state government, will have eight units of 210 MW each and one unit of 40 MW. It is expected to generate about 6,870 million units of electricity annually, aiding peak demand management, grid balancing and flood moderation in the Brahmaputra basin.“There will be significant improvement in the infrastructure in Kamle, Kra Daadi & Kurung Kumey Districts of Arunachal Pradesh, including the development of around 196 kms of roads and bridges, for the project which shall be mostly available for local use,” the statement said.The project will also fund development of hospitals, schools and marketplaces, with local communities benefiting from compensation, employment and CSR initiatives.

Kalai-II project

The CCEA “approved investment of Rs 14,105.83 crore for construction of Kalai-II Hydro Electric Project (HEP) on Lohit river in Anjaw district of Arunachal Pradesh. The estimated completion period for the project is 78 months,” the statement said.The Kalai-II project, to be executed by THDC India Limited with the state government, will comprise six units of 190 MW each and one unit of 60 MW, and is expected to generate around 4,853 million units annually.“There will be significant improvement in infrastructure in Namsai and Anjaw district of Arunachal Pradesh, including the development of around 29 kilometres of roads and bridges, for the project, which shall be mostly available for local use. Local populace shall also be benefited from many sorts of compensations, employment and CSR activities,” it added.The Centre will provide support for enabling infrastructure such as roads, bridges and transmission lines, along with financial assistance for the state’s equity participation. Both projects will allocate 12% free power to host states and 1% for Local Area Development Funds.The projects are expected to drive socio-economic development in remote regions through job creation, infrastructure expansion and improved connectivity.These approvals come alongside ongoing hydropower developments in the state, including Subansiri Lower (2,000 MW), Dibang Multipurpose (2,880 MW) and Etalin (3,097 MW), reinforcing Arunachal Pradesh’s role in India’s renewable energy expansion and energy security strategy.


Double treat: Aneet Padda to be seen in a dual role in Shakti Shalini

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Double treat: Aneet Padda to be seen in a dual role in Shakti Shalini



Double treat: Aneet Padda to be seen in a dual role in Shakti Shalini

Everyone has wanted to see more of Aneet Padda ever since she broke out with the sleeper hit, Saiyaara (2025). What if we told you that you’ll see two of her in her next, Shakti Shalini? mid-day has exclusively learnt that Padda plays a double role in Aditya Sarpotdar’s directorial venture, which is the next chapter in the Maddock Horror Comedy Universe.

Aditya Sarpotdar

As the film’s title suggests, producer and co-writer Amar Kaushik and director Sarpotdar have etched out two powerful roles for the actor — the protector Shakti, and the evil force Shalini. From what we’ve heard, the horror comedy will see Shakti as an ordinary woman who transforms into an indestructible force when her family is attacked by an evil spirit. A source told us, “Rooted in Bengali folklore and mythology, the movie revolves around the eternal battle between good and evil. The story is about a vengeful female ghost, dwelling in trees and water bodies, who punishes men, as she was betrayed and killed in a brutal manner. In Bengal, the goddess invoked to destroy evil spirits is Goddess Kali. She is recognised as the ultimate form of Shakti. Here, the character Shakti is pitted against the spirit.” 

Viineet Kumar Siingh and Vishal Jethwa. Pics/Instagram, Yogen Shah

Sarpotdar took the project, also starring Vishal Jethwa and Viineet Kumar Siingh, on floors in Mumbai last month. The unit is currently shooting in Madh Island, where a massive set, depicting a small town in West Bengal, has been built. The source added, “Next, they will head to Madhya Pradesh for an extensive schedule. Crucial scenes will be filmed in Datia, Gwalior, Morena, and other towns.” 

Pic/Youtube


Mrunal Thakur says growing up she never thought she could be friends with girls, gushes about bond with Tamannaah Bhatia

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Mrunal Thakur says growing up she never thought she could be friends with girls, gushes about bond with Tamannaah Bhatia


Actor Mrunal Thakur is awaiting the release of her upcoming film Dacoit. In a long chat with Ranveer Allahbadia on his podcast, Mrunal opened up about her life and career. She also shared how she and Tamannaah Bhatia have become really close friends in the industry. (Also read: Mrunal Thakur says Ranveer Singh is the reason why she exists in the film industry: ‘He is my lucky charm’)

Mrunal Thakur spoke about her equation with Tamannaah Bhatia.
Mrunal Thakur spoke about her equation with Tamannaah Bhatia.

What Mrunal said

Speaking about Tamannaah, Mrunal said, “Tamannaah is the purest. She has my heart, she is the best. That woman gives me so much strength. She’s always like, ‘Chill, have fun, enjoy life.’ It’s like a sisterhood in a way. It’s really nice to have a girl as your best friend because, growing up, I always thought that I could never be friends with girls. It was always five boys and one girl, and that girl would be me. But now, I’ve started really enjoying female friendships. It’s beautiful,” she said.

She added, “It is just motivating each other, having fun, enjoying life, and celebrating yourself. We make sure we’re there for each other whenever they need us. I can be just completely unfiltered with her. I can just say anything, like, ‘Yaar, this happened’ and she’ll always have a solution for everything. We met on a flight to Hyderabad and became behens (sisters).”

Tamannaah Bhatia and Mrunal Thakur appeared in the 2023 Netflix anthology film Lust Stories 2. While they were part of the same ensemble project, they starred in different segments of the anthology.

Who said female actors cannot be friends?

Last year on Friendship Day, it was Tamannaah who gave a shoutout for her close friends in the film industry. She shared pictures with fellow female actors Mrunal Thakur, Kajal Aggarwal and Rasha Tadhani to ring in Friendship Day.

“Adult friendships are the best! It is like every friend that I talk to, feels like… every phone call ends with a ‘I love you,’ every phone call is about attending to how you are feeling and its such a myth that make your best friends in your school and college… but I think adult friendships are the best!” she said in a reel posted on her Instagram account.

On the work front, Mrunal was seen in Do Deewane Seher Mein, co-starring Siddhant Chaturvedi. The film underperformed at the box office. She will be seen next in Dacoit, co-starring Adivi Sesh and Anurag Kashyap. The film is set to release in theatres on April 10.


US VP JD Vance says Lebanon is not part of the US-Iran ceasefire | US-Israel war on Iran

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US VP JD Vance says Lebanon is not part of the US-Iran ceasefire | US-Israel war on Iran


NewsFeed

US Vice President JD Vance says Lebanon is not part of the US-Iran ceasefire, stressing that neither Washington nor Israel agreed to that. After Pakistan said Lebanon was included, Israel killed hundreds of people when it carried out around 100 strikes across Lebanon in just 10 minutes.


Jensen Ackles says The Boys' Soldier Boy personifies 'outdated and toxic masculinity' present in real world | Exclusive

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Jensen Ackles says The Boys' Soldier Boy personifies 'outdated and toxic masculinity' present in real world | Exclusive


In just a season (and some), Jensen Ackles’ Soldier Boy became one of The Boys’ most talked-about characters. The superpowered villain is back in season 5, and he brings back his regressive mindset, which erupts despite Jensen’s obvious charm. As The Boys’ final season premieres, Jensen talks to Hindustan Times about bringing the character to life, his place in the real world, and the mini ‘Supernatural’ reunion on the show’s sets.

Jensen Ackles and Antony Starr in a still from The Boys.
Jensen Ackles and Antony Starr in a still from The Boys.

The Supernatural reunion on The Boys

The Boys shares many actors with Supernatural, another iconic show created by Eric Kripke. Jim Beaver played President Singer for a couple of seasons before Jensen came in as Soldier Boy. Jeffrey Dean Morgan, who played the senior Winchester on Supernatural, had a recurring role in The Boys S4. The final season finally brings on board the other two leads of the show – Jared Padalecki and Mischa Collins. Jensen says there was an attempt to bring some meta Supernatural humour with them (even getting their character names into this show), before the experiment was abandoned. “There was one take where we tried that out, and it was a complete disaster. So we were like, no, let’s not do that. Let’s just keep with what we got hired to do,” he says with a laugh.

On finding Soldier Boy ‘within’

Soldier Boy is a white supremacist who led the show’s fictitious ‘superhero team’ in the 50s before being frozen in ice for decades. Think Captain America, but evil! Jensen has a simple mantra to describe the character: “Hurt people hurt people!” He says Soldier Boy’s past, as never living up to his father’s expectations, has pushed him down a path of ‘not doing the right things’.

Having played the righteous Dean Winchester on Supernatural for close to two decades, Soldier Boy was a clear departure for the actor. Talking about how he found the character, he says, “He is obviously a troubled character. It’s (all about) finding a centre to that character, and trying to come at it from within, as opposed to from the exterior. You then see how he presents himself to the world, how he reacts with other characters.”

Soldier Boy’s fragile masculinity

“His moral compass is probably non-existent at this point. And then it’s his own compass, but again, he doesn’t feel like he’s a bad guy. He just feels like he’s doing what he thinks is right,” says Jensen.

The actor admits that Soldier Boy is a ‘layered character’ and one that has many real-world parallels, at least thematically. “Crazy people don’t go: ‘What’s the crazy thing to do?’ There aren’t many people walking around actively doing bad things,” he says, “Everyone’s trying to survive, and everyone has a set of tools that they’ve gone out over the years that they employ to survive.” For Soldier Boy, these tools are his superpowers, which amplify his toxicity.

Jensen finds that his character and Homelander, the show’s primary antagonist, are similar in that way. “Our characters are incredibly similar, thematically, and I think that’s one of the things that I’ve really enjoyed about the show. I do think there are so many different types of masculinity in the world at the moment that are either antiquated, outdated or just toxic. And it does get handed from generation to generation.”

All about The Boys and Vought Rising

Based on the best-selling graphic novel created by Garth Ennis and Darick Robertson, The Boys has been developed by Eric Kripke. The final season premiered on April 8, with the finale slated for May 20. The shoe features an ensemble cast including Karl Urban, Jack Quaid, Erin Moriarty, Jessie T. Usher, Laz Alonso, Chace Crawford, Tomer Capone, Karen Fukuhara, Nathan Mitchell, and Colby Minifie.

Even as Soldier Boy’s track on the show ends with the final season, the character will return in The Boys’ spinoff prequel, Vought Rising, where Jensen will take the centre stage.


Doha Diamond League, where Neeraj Chopra breached 90m mark, postponed this year – here’s why | More sports News

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Doha Diamond League, where Neeraj Chopra breached 90m mark, postponed this year – here’s why | More sports News


Doha Diamond League, where Neeraj Chopra breached 90m mark, postponed this year - here's why
Neeraj Chopra (PTI Photo)

NEW DELHI: The Diamond League athletics meet in Doha has been postponed by six weeks due to the ongoing conflict in the Middle East, with organisers prioritising safety amid regional tensions. The event, which was originally scheduled for May 8, will now take place on June 19. The decision comes even as a temporary ceasefire between the United States and Iran has been announced, reflecting continued uncertainty in the region.The Doha leg holds special significance for Indian fans, as it was at last year’s event that Neeraj Chopra achieved a major milestone.

Watch

Yashasvi Jaiswal reveals RR dressing room mood after third straight win

The Tokyo Olympic champion breached the 90-metre mark for the first time with a throw of 90.23m, though he finished second to Germany’s Julian Weber. His performance was widely seen as a landmark moment in Indian athletics.

Event changes and safety concerns

Organisers made it clear that the postponement was driven by concerns over the safety of athletes, officials and spectators.“In the interests of athlete and spectator safety, a decision has now been taken to postpone the meeting. Should conditions allow, it will now be held on June 19,” they said in a statement, as quoted by AFP.In addition to the date change, the venue has also been shifted from the Qatar Sports Club to the Khalifa International Stadium. The move is aimed at tackling extreme weather conditions, as the stadium is equipped with temperature-control technology and has previously hosted major global events like the World Athletics Championships and FIFA World Cup matches.

Wider impact on sports

The disruption is not limited to athletics. The ongoing conflict has already forced the cancellation or postponement of several high-profile sporting events across the region. Formula One races in Bahrain and Jeddah were cancelled, while football’s Finalissima clash and other competitions like MotoGP and gymnastics events in Qatar were also affected.Despite this, some events have gone ahead, including a high-profile horse racing meet in Dubai. Meanwhile, the Diamond League season will now begin in Shanghai on May 16, as organisers adjust the calendar to navigate the uncertain situation.


'Love Insurance Kompany' actor Krithi shares first REVIEW

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'Love Insurance Kompany' actor Krithi shares first REVIEW


'Love Insurance Kompany': Krithi Shetty shares her first REVIEW; Calls Pradeep Ranganathan, 'Magical' on screen
Krithi Shetty’s positive early review for Love Insurance Kompany has added to the excitement ahead of its April 10 release. Her appreciation for Pradeep Ranganathan’s dedication and Vignesh Shivan’s direction shows the strong teamwork behind the project.

Krithi Shetty has shared her early impressions of the upcoming Tamil film ‘Love Insurance Kompany’. In recent interviews, the actress praised her co-star Pradeep Ranganathan for his dedication and screen presence.

Praise for Pradeep Ranganathan

As reported by Filmi Beat, Krithi Shetty said in a recent interview that she was impressed by Pradeep Ranganathan’s performance. She said, “PR has that magic in him. When I watched the film, even as an actor, I was like Wow.. he has that fire and has put in a lot of effort.. I’ve met Seeman sir too.. His vocabulary is Magical.”

Working with Vignesh Shivan

In another interview with NDTV, Krithi spoke highly of director Vignesh Shivan’s standards. She said, “What I admire most about him is the fire he has to give his best to the audience which has resonated with the audience too. Vignesh sir, on the other hand, has very high standards for performance. If people like my character in the film, I think the credit goes to him because he had very clear expectations and pushed me to give my best in every scene.“She credited him for helping her deliver a strong performance.

Krithi Shetty on choosing roles wisely

Krithi explained how her approach to scripts has evolved, “I think ultimately, it’s the script. I think maybe a year or two ago, I was solely focusing on my characters. But now I look at the script overall and see if I have something new to present to the audience. Also, it has to be a role that I will enjoy doing.”She added, “If you have fun doing a role, the audience will have fun watching you. The only thing that is in my control as an actor and as an artist is my performance and the experience that I have while doing it. I have to make the best of it because we only have one life, right.”

Challenging emotional scene in ‘LIK’

One scene in particular tested Krithi’s abilities. She described a moment where her character Dheema cries over not getting enough likes. She said, “For instance, there’s a scene where my character Dheema is crying because she isn’t getting enough likes. For some people that may look ridiculous. But for someone like an influencer whose life revolves around social media, that is their reality.”She found portraying that scene naturally to be a rewarding challenge and felt happy when it came organically on set.

About ‘LIK’

‘Love Insurance Kompany’ is positioned as a genre-blending film that mixes romance, comedy, and science fiction. The story is set in the year 2040 and revolves around a high-tech matchmaking company.With Pradeep Ranganathan, S.J. Suryah, Krithi Shetty, Yogi Babu, and Seeman in the cast, the expectations are high as ‘LIK’ hits the big screen in April 10.


Sensex, Nifty 50 rise ahead of IT earnings even as US Iran war deadline looms| Business News

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Sensex, Nifty 50 rise ahead of IT earnings even as US Iran war deadline looms| Business News


Updated on: Apr 07, 2026 11:50:05 PM IST

Sensex, Nifty 50 rise ahead of IT earnings even as US Iran war deadline looms| Business News

The National Stock Exchange building in Bandra Kurla Complex, Mumbai.

India’s stock market climbed for a fourth consecutive session today as investors scooped up technology stocks ahead of an anticipated earnings season, even as a looming deadline for a deal between the US and Iran kept global markets on edge. The NSE Nifty 50 Index rose 0.7% to 23,123.65 in Mumbai, while the S&P BSE Sensex added 0.7% to 74,616.58. The gains were driven by a 2.5% surge in Nifty IT index—the best-performing sector of the day—as Tata Consultancy Services Ltd. prepares to kick off the quarterly reporting cycle on Thursday.

The advance in India comes against a volatile geopolitical backdrop. US President Donald Trump has set an 8:00 pm Washington deadline for Tehran to reach a deal or face potential strikes on power plants and civilian infrastructure. The threat to keep the Strait of Hormuz closed has kept Brent crude hovering around $109 a barrel, a level that threatens to strain India’s fiscal deficit and corporate margins.

“We are seeing some value buying emerging in the IT sector ahead of fourth-quarter earnings, despite long-term concerns regarding AI disruption,” said Anita Gandhi, head of institutional business at Arihant Capital Markets. “However, the sustenance of this rally hinges on positive commentary from the companies themselves.”

Monetary Focus

The market’s attention is also pivoting toward the Reserve Bank of India, which is scheduled to announce its policy decision on Wednesday. Economists widely expect Governor Sanjay Malhotra to maintain a status quo on the repo rate as policymakers assess the inflationary impact of the Iran war.

Financial and auto stocks, which are sensitive to interest rate trajectories, posted modest gains of 0.1% to 0.3% ahead of the central bank’s announcement.

Metal producers provided additional support to the benchmarks. Hindalco Industries Ltd. and Vedanta Ltd. rose 3% and 3.4%, respectively, after JPMorgan Chase & Co. upgraded the stocks to overweight. Analysts cited a brightening outlook for industrial metals even as global supply chains face disruption risks.

Small-Cap Lag

Broad market participation was mixed. While 14 of the 16 major sectoral sub-indexes advanced, the more volatile small-cap stocks fell 0.1%. Mid-caps managed a slim 0.2% gain, trailing the blue-chip benchmarks.

With the RBI decision and the U.S.-Iran deadline overlapping within the next 24 hours, volatility is expected to spike. “The market is navigating a tightrope between domestic earnings optimism and a very precarious global energy situation,” Gandhi said.

…Read More

The advance in India comes against a volatile geopolitical backdrop. US President Donald Trump has set an 8:00 pm Washington deadline for Tehran to reach a deal or face potential strikes on power plants and civilian infrastructure. The threat to keep the Strait of Hormuz closed has kept Brent crude hovering around $109 a barrel, a level that threatens to strain India’s fiscal deficit and corporate margins.

“We are seeing some value buying emerging in the IT sector ahead of fourth-quarter earnings, despite long-term concerns regarding AI disruption,” said Anita Gandhi, head of institutional business at Arihant Capital Markets. “However, the sustenance of this rally hinges on positive commentary from the companies themselves.”

Monetary Focus

The market’s attention is also pivoting toward the Reserve Bank of India, which is scheduled to announce its policy decision on Wednesday. Economists widely expect Governor Sanjay Malhotra to maintain a status quo on the repo rate as policymakers assess the inflationary impact of the Iran war.

Financial and auto stocks, which are sensitive to interest rate trajectories, posted modest gains of 0.1% to 0.3% ahead of the central bank’s announcement.

Metal producers provided additional support to the benchmarks. Hindalco Industries Ltd. and Vedanta Ltd. rose 3% and 3.4%, respectively, after JPMorgan Chase & Co. upgraded the stocks to overweight. Analysts cited a brightening outlook for industrial metals even as global supply chains face disruption risks.

Small-Cap Lag

Broad market participation was mixed. While 14 of the 16 major sectoral sub-indexes advanced, the more volatile small-cap stocks fell 0.1%. Mid-caps managed a slim 0.2% gain, trailing the blue-chip benchmarks.

With the RBI decision and the U.S.-Iran deadline overlapping within the next 24 hours, volatility is expected to spike. “The market is navigating a tightrope between domestic earnings optimism and a very precarious global energy situation,” Gandhi said.

Follow all the updates here:

Apr 07, 2026 2:38:05 PM IST

Tata Steel achieves record production in India

Tata Steel Ltd. has achieved record annual production in India, fueled by capacity expansions that helped one of the world’s most geographically diversified producers navigate a shifting global landscape for industrial metals.

The Tata Group company produced 23.48 million tonnes of crude steel in India in FY26—an 8% increase over the previous year, according to an exchange filing on Tuesday (7 April 2026).

The output was primarily boosted by the ramp-up of the Kalinganagar plant in Odisha that helped offset a temporary shutdown of a blast furnace at its Jamshedpur facility. Read more.

Apr 07, 2026 2:28:43 PM IST

Air India confirms CEO Campbell Wilson’s exit

Air India Ltd. has confirmed the resignation of CEO Campbell Wilson, as reported by Hindustan Times earlier today, underscoring the top-level churn among some of India’s biggest airlines.

Wilson, who took the helm following the airline’s privatisation, had signalled his intent to exit as early as 2024, Air India said in a statement on Tuesday. He will remain in his current role until a successor is appointed by a newly constituted board committee.

His contract was originally slated to run through July 2027. Read more.

Apr 07, 2026 1:32:10 PM IST

Godrej Consumer warns of price hikes in Q4 update

Godrej Consumer Products Ltd. expects costs to rise 6% to 9% if crude oil prices holds at $100 to $110 a barrel and palm oil prices hover between 4,500 and 4,800 Malaysian ringgit per tonne.

The impact may be offset by price hikes and other savings measures, the maker of Cinthol soaps and Goodknight mosquito repellent said in an exchange filing, without providing too many details. Read more.

Apr 07, 2026 1:17:02 PM IST

Air India revises fuel-surcharge math as ATF prices double

Air India Ltd. has revised its fuel surcharge math for domestic and international flights, reacting to a volatile energy market that has seen global jet fuel prices nearly double in a single month. Read more.

Apr 07, 2026 12:52:23 PM IST

Sona BLW hits major production milestones for EV overdrive

Sona BLW Precision Forgings Ltd., also known as Sona Comstar, has achieved two key production milestones, signalling a global overdrive even as the wider automotive industry goes electric. Read more.

Apr 07, 2026 11:52:51 AM IST

HCLTech US initiates plan to cut 120 jobs in Orlando, Florida

The US subsidiary of HCL Technologies Ltd. has initiated plans to cut 120 jobs in Florida, as part of an operational restructuring linked to a client engagement at an Orlando worksite, Moneycontrol reported.

A small number of “additional separations” will extend into early 2027. The layoffs are permanent, according to a Worker Adjustment and Retraining Notification (WARN) filing on 1 April 2026.

The US WARN Act requires employers to give advance notice of mass layoffs or plant closures if the affected employees are more than 100 in number.

Apr 07, 2026 11:35:26 AM IST

Jefferies says ‘steel the opportunity’ as Tata Steel, JSW Steel decline

Shares of Tata Steel Ltd. and JSW Steel Ltd. have declined 9% since the outbreak of the Iran war, but domestic steel prices have increased 6%. That disconnect, according to Jefferies, is a compelling entry point into the sector.

The brokerage said the disconnect is unsustainable and presents a clear buying opportunity, especially since earnings outlook remains stronger.

Apr 07, 2026 10:53:54 AM IST

RBI likely to maintain status quo on repo rate tomorrow

The Reserve Bank of India is likely to maintain status quo on repo rate in its first monetary policy decision since the Iran war, as it grapples with a sharply weaker rupee while trying to support economic growth.

All 30 economists surveyed by Bloomberg expect the RBI to keep the benchmark repo rate unchanged at 5.25%, after the central bank signalled a prolonged pause at its last meeting, though the outlook has since clouded. Read more.

Apr 07, 2026 10:06:30 AM IST

Wipro leads Nifty IT gains after biggest M&A deal

Wipro Ltd. is powering Nifty IT higher today, following its billion-dollar contract with Singapore’s Olam Group for an agritech push. Coforge Ltd., Mphasis Ltd. and Persistent Systems Ltd. also advanced 1.19%, 1.07% and 0.97%, respectively.

Apr 07, 2026 10:04:14 AM IST

Air India CEO Campbell Wilson resigns, Mint says

Campbell Wilson, the chief executive officer tasked with leading the Tata Group’s ambitious overhaul of Air India Ltd., has resigned from the airline, Mint reported, citing people with direct knowledge of the matter.

Wilson is currently serving his notice period, said the people, who asked not to be identified as the information is private. It remains unclear when his tenure will officially conclude or if Tata Group has identified a successor for the nation’s second-largest carrier.

A spokesperson for Air India did not immediately respond to Mint’s email seeking comment. Read more.

Apr 07, 2026 9:34:07 AM IST

Motilal Oswal cuts Nifty 50 EPS to ₹1,246 for FY27

Motilal Oswal Financial Services Ltd. has cut its Nifty 50 EPS estimate by 1.3% to ₹1,246 for FY27. The brokerage expects Nifty 50 firms to report 6% year-on-year profit growth in Q4 FY26, on the back of a 13% year-on-year growth in revenue.

Apr 07, 2026 9:31:04 AM IST

Hindalco emerges top Nifty 50 gainer on JPMorgan upgrade

Hindalco Industries Ltd. emerged as the top gainer on the Nifty 50 after JPMorgan Chase & Co. upgraded the stock to “overweight” from “neutral” and raised the target price to ₹1,125 from ₹875.

The Iran war is likely to keep aluminium prices higher for longer, which works to the advantage of Hindalco—the largest producer of the metal globally, according to the brokerage.

The worst may be behind for Novelis, JPMorgan said, while tailwinds in Hindalco’s India business should help ease debt concerns.

Apr 07, 2026 9:22:37 AM IST

Opening Bell: Sensex, Nifty 50 decline, rupee gains

The 30-share S&P BSE Sensex fell as much as 0.50% at the opening bell, even as the wider NSE Nifty 50 fell below 22,900 points. The rupee, meanwhile, strengthened 8 paise to 92.98/dollar.

Apr 07, 2026 8:50:46 AM IST

Hindalco Industries Ltd. and Vedanta Ltd. could rise after JPMorgan upgrades the aluminium makers to “overweight” from “neutral” on higher prices due to the Iran war.

Godrej Consumer Products Ltd. expects a close-to-double-digit growth in revenue in the March quarter, flags a potential 6%-9% rise in costs due to higher crude, palm oil prices.

PC Jeweller says its Q4 revenue rose about 32% year-on-year while full-year revenue grew 49% in FY26.