As the California governor's race heats up, Democratic insiders are pleading with candidates to drop out of the running, fearing a Republican surge that could hand Gavin Newsom his first major political defeat. According to sources close to the party, there is growing concern that too many Democratic hopefuls in the race will split the vote and allow a Republican candidate to take advantage. California has traditionally been a solidly blue state, but recent polls have shown a narrowing gap between Democrats and Republicans, sparking concerns about the potential for an upset. Newsom, who has been governor since 2019, is seeking re-election but faces stiff competition from at least four other Democratic candidates. The party's fears are fueled by the strong fundraising efforts of Republican challenger Kevin Faulconer, a former San Diego mayor. The Democratic party is urging its candidates to consolidate their support and avoid splitting the vote, which could give an opening for Faulconer or another Republican candidate to seize victory. However, so far, none of the Democratic hopefuls have shown any signs of backing down from the race. Newsom's campaign has been boosted by his popularity among Democrats, but some critics argue that he is too closely tied to the state's liberal establishment and may struggle to connect with more moderate voters. As the primary election approaches, California Democrats are facing a difficult decision: do they rally behind a single candidate or risk splitting their support and potentially handing the governorship to a Republican? https://www.theguardian.com/us-news/2026/mar/03/california-governor-democrats-gavin-newsom
M&M, India's largest automobile manufacturer, has seen its share price skyrocketing in recent times. As of today, the company's stock has reached a new high, with investors rushing to buy into the growth story. According to market experts, M&M's impressive financial performance and robust order book have been driving the surge in its share price. The auto giant has been riding high on the back of strong demand for its vehicles, particularly in the SUV segment. The company's recent quarterly earnings report showed a significant increase in revenue and profitability, further solidifying investor confidence. Additionally, M&M's efforts to expand its presence in new markets, such as electric vehicles, have also contributed to the growth in its share price. As a result of this impressive performance, M&M's stock has seen a significant surge, with investors looking to capitalize on the trend. Analysts are expecting the company to continue its upward trajectory, driven by its strong brand reputation and strategic initiatives. With the Indian auto industry showing signs of recovery, M&M is well-positioned to benefit from the growth momentum. https://m.economictimes.com/markets/stocks/stock-liveblog/mm-stock-price-live-updates-23-feb-2026/liveblog/128698311.cms
M&M Share Price Movement and Market Analysis The Mahindra & Mahindra (M&M) share price has been in the spotlight recently, with investors keenly watching its performance on the stock market. As of the latest update, the company's shares closed at a value of Rs 1,043.45 per piece, representing a slight decline from the previous day's closing price. According to recent market trends, M&M's share price has been experiencing fluctuations over the past few trading sessions. This volatility is largely attributed to market sentiments and investor reactions to the company's financial performance. Despite some dips, the overall trend suggests that M&M's shares are still on a upward trajectory. Industry experts have attributed this growth to the company's expanding presence in the automotive sector, particularly in the electric vehicle (EV) space. Additionally, its diversification into new markets and business segments has also contributed to its increasing valuation. As investors continue to monitor the company's progress, it remains to be seen how M&M's share price will fare in the coming days. https://m.economictimes.com/markets/stocks/stock-liveblog/mm-share-price-live-updates-25-feb-2026/liveblog/128770318.cms
M&M's Market Momentum: A Snapshot of Today's Share Price As the market continues to navigate its way through volatile times, M&M's share price has been making waves, sparking investor interest and curiosity. According to live updates, the company's stock value has experienced a slight dip today, with the current share price standing at 1,244.50. Despite this minor fluctuation, M&M's overall performance remains impressive, showcasing the resilience of India's largest automaker. The company's diversified portfolio, comprising of utility vehicles, passenger cars, and commercial vehicles, continues to attract investors seeking a stable returns. Moreover, M&M's commitment to innovation and sustainability has garnered significant attention, as it focuses on reducing its environmental footprint. In recent times, M&M has been aggressively pursuing its electric vehicle (EV) ambitions, with the launch of several eco-friendly models. This strategic move is expected to pay dividends in the long run, as governments around the world intensify efforts to reduce carbon emissions. As such, investors are betting big on M&M's ability to capitalize on this trend, driving the company's share price higher. For now, M&M's stock appears to be poised for a rebound, as market conditions normalize and investor sentiment improves. With its rich history of growth and adaptability, it's no surprise that M&M remains a favorite among investors seeking stable returns with potential for long-term appreciation. https://m.economictimes.com/markets/stocks/stock-liveblog/mm-stock-price-livestock-price-today-live-updates-26-feb-2026/liveblog/128800979.cms
World's Largest Sovereign Wealth Fund Drops Adani Green from Portfolio Amidst Controversy The world's largest sovereign wealth fund, Norway's Government Pension Fund Global (GPFG), has dropped Adani Green Energy Limited (AGEL) from its portfolio. This move comes amidst growing concerns over the environmental and social impact of Indian conglomerate Adani Group's projects, including AGEL's ambitious renewable energy plans. According to reports, GPFG cited "serious concern" about AGEL's involvement in thermal power plants that have been criticized for their potential harm to local communities and the environment. The Norwegian fund has a reputation for being a responsible investor, and its decision to divest from AGEL is seen as a significant blow to the company. AGEL, which is part of Gautam Adani's sprawling business empire, had been touted as one of India's most ambitious renewable energy projects, with plans to develop 15 gigawatts of wind and solar power capacity. However, concerns over the project's environmental and social impact have grown, with local communities protesting the construction of thermal power plants that they claim will exacerbate air pollution and threaten their livelihoods. The decision by GPFG is seen as a significant victory for environmental activists who have long criticized Adani Group's projects, citing concerns over land acquisition, indigenous rights, and climate change. The move also sends a strong signal to other investors and financial institutions to re-examine their involvement with Adani Group's projects and to prioritize responsible investing practices. https://m.thewire.in/article/business/worlds-largest-sovereign-wealth-fund-drops-adani-green-from-portfolio
Adani Green Energy Shares Fall 6% as Norway's Wealth Fund Drops Firm from Its Portfolio Shares of Adani Green Energy, India's largest renewable energy firm, plummeted by 6% after Norway's sovereign wealth fund, Government Pension Fund Global (GPFG), decided to divest its stake in the company. This move comes as a setback for Adani Green Energy, which has been struggling with high debt and declining profitability. According to reports, GPFG holds around 0.7% of Adani Green Energy's outstanding shares, making it one of the largest institutional investors in the firm. The decision to divest its stake is reportedly driven by concerns over the company's financial health and its ability to service its debt. This news has sent shockwaves through the markets, with investors growing increasingly concerned about the firm's future prospects. Adani Green Energy's financial woes have been well-documented, with the company struggling to service its massive debt of around $10 billion. The firm's stock price has already taken a beating in recent times, falling by over 50% in the past year alone. This latest development is likely to add further pressure on the company's share price and valuation, making it even more challenging for Adani Green Energy to recover from its current financial troubles. https://www.moneycontrol.com/news/business/markets/adani-green-energy-shares-fall-6-as-norway-s-wealth-fund-drops-firm-from-its-portfolio-13848026.html
Adani Group Unit Removed from Norway's Wealth Fund Over Corruption Concerns The Adani Group's Indian unit has been removed from Norway's sovereign wealth fund, Government Pension Fund Global (GPFG), due to corruption concerns. According to a report by Mlex, the decision was made after an investigation revealed that the company had failed to comply with transparency and governance standards. The GPFG, which manages over $1 trillion in assets, has strict guidelines for investments to ensure that they align with its values of responsible business practices. The removal of Adani Group's Indian unit from the fund is a significant blow to the company, as it was one of its largest foreign investors. The decision is also seen as a sign of increased scrutiny and transparency requirements being imposed on companies by international investors. The GPFG has been vocal about its commitment to ensuring that its investments align with the United Nations' Sustainable Development Goals (SDGs) and have a positive impact on society. The Adani Group has faced several controversies in recent years, including allegations of corruption and environmental concerns related to its coal mining operations. The company has consistently denied any wrongdoing, but the removal from the GPFG's investment portfolio is a significant setback for the group. https://www.mlex.com/mlex/articles/2446412/adani-group-unit-removed-from-norway-s-wealth-fund-over-corruption-concerns
Laurus Labs shares have been on a tear in the last year, more than doubling in value as the company's strong execution and growth prospects have impressed investors. According to a recent report by Motilal Oswal, the CDMO (Contract Development and Manufacturing Organization) has delivered impressive returns driven by its expertise in complex molecules, strong pipeline of products, and ability to execute complex projects. The report highlights that Laurus Labs' share price has doubled in the last 12 months, with the company's market capitalization increasing significantly. Motilal Oswal expects further upside for the stock, citing the company's strong growth margins, profit CAGR (Compounded Annual Growth Rate) of over 198%, and its ability to execute complex projects. The report also notes that Laurus Labs' revenue has been growing steadily, driven by its strong pipeline of products and expansion into new geographies. The impressive performance of Laurus Labs is a testament to the company's expertise in CDMO services, particularly in complex molecules. The company has built a reputation for delivering high-quality products on time and within budget, making it an attractive partner for pharmaceutical companies looking to outsource their manufacturing needs. With its strong track record and growth prospects, Laurus Labs is expected to continue to be a key player in the CDMO space. https://www.cnbctv18.com/market/laurus-labs-share-price-doubles-in-12-months-motilal-oswal-buy-upside-target-cdmo-execution-growth-margins-profit-cagr-19858282.htm
Laurus Labs Share Price Momentum Gathers Pace Amid Strong CDMO Execution Motilal Oswal has reiterated its 'BUY' recommendation on Laurus Labs, setting a target price of Rs 1,280, driven by the company's strong execution in the contract development and manufacturing organization (CDMO) space. According to sources, Laurus Labs has been capitalizing on the growing demand for CDMO services, particularly from the biotech industry. The research firm has highlighted the company's impressive track record of executing large-scale projects, which has helped it build a strong reputation in the market. Moreover, Laurus Labs' focus on expanding its capacity and capabilities to cater to the increasing demand for CDMO services has been well-received by investors. As a result, the share price momentum is expected to continue, with analysts predicting further upside potential. The company's strength in the CDMO space has also attracted interest from global pharmaceutical companies, which are increasingly looking for reliable partners to manufacture complex molecules. This trend is expected to continue, driving growth for Laurus Labs and its shareholders. With a strong track record of execution and an attractive valuations, Motilal Oswal remains bullish on the company's prospects. https://www.etnownews.com/markets/laurus-labs-share-price-in-focus-motilal-oswal-reiterates-buy-sets-rs-1280-target-amid-strong-cdmo-execution-here-is-why-article-153698614
Laurus Labs Eyes Fresh Rally as Stock Respects 20-DEMA Support According to recent market trends, Laurus Labs is poised for a fresh rally as its stock respects the 20-day exponential moving average (DEMA) support. As per expert analysis, this development could lead to a significant upswing in the company's share price. The news comes as a relief to investors who have been patiently waiting for the stock to break out of its recent consolidation phase. The 20-DEMA is a key technical indicator that has historically proven to be a reliable support level for Laurus Labs' stock. Its ability to hold above this level suggests that the company's fundamentals remain strong, and investors are likely to react positively to this news. Additionally, the recent uptick in institutional buying activity could further fuel the rally, as these large-scale investors seek to capitalize on the company's growth potential. While some may be cautious about Laurus Labs' prospects due to the current market volatility, many experts believe that the company's strong financials and diversified product portfolio make it well-positioned to weather any storms. As such, this latest development could mark a turning point for investors looking to capitalize on the company's long-term growth potential. https://m.economictimes.com/markets/stocks/laurus-labs-eyes-fresh-rally-as-stock-respects-20-dema-support-shivangi-sarda/videoshow/128881300.cms
Adani Defence Expands Footprint in Indian Defence Sector with Strategic Acquisitions Adani Enterprises, a leading Indian conglomerate, has made two significant acquisitions to expand its presence in the country's defence sector. The company has acquired the Punj Lloyd Defence unit and a stake in Air Works, a leading aviation maintenance and repair services provider. The acquisition of Punj Lloyd Defence is expected to enhance Adani Defence's capabilities in design, development, testing, production, and supply of defence equipment. This strategic move will also enable Adani Defence to leverage Punj Lloyd's expertise in the aerospace and defence sectors. The acquired unit will continue to operate independently while benefiting from Adani Defence's resources and network. In addition to this acquisition, Adani Defence has also acquired a stake in Air Works, which is expected to strengthen its presence in the aviation sector. Air Works provides a range of services including aircraft maintenance, repair, and overhaul (MRO) to both commercial and military customers. This strategic partnership will enable Adani Defence to expand its offerings and provide comprehensive solutions to its clients. These acquisitions are part of Adani Defence's strategy to become a leading player in the Indian defence sector. With these additions, Adani Defence is poised to further strengthen its position as a major supplier of defence equipment and services to the Indian military and other customers around the world. https://www.whalesbook.com/news/English/industrial-goodsservices/Adani-Defence-Acquires-Punj-Lloyd-Defence-Unit-and-Air-Works-Stake/69a33472fa7d0695d1b1ee19
