Synopsis: In a second Hyderabad manufacturing exit within two years, United Spirits Ltd. has filed an exchange disclosure confirming the shutdown of its Malkajgiri facility by August 31, 2026 a unit contributing approximately Rs.599 crore in FY26 revenue as the Diageo...
Synopsis: Cello World’s management has outlined 10–12% revenue growth guidance and 2–2.5% EBITDA margin expansion for FY27, anchored by the ramp-up of its newly commissioned steelware and glassware units, the full integration of the Cello pen brand, and a...
Synopsis: US asset manager Vanguard has slashed the fair value of ANI Technologies the unlisted parent of Ola Consumer to just $70 million (approximately Rs.665 crore), a near-total wipeout from its 2021 peak valuation of $7.3 billion, as a 42 percent revenue crash,...
Synopsis: A U.S.-brokered ceasefire between Israel and Lebanon, paired with a softening dollar, pulled MCX gold back above Rs. 1,59,366 per 10 grams and silver futures to Rs. 2,63,711 per kilogram on June 4; with institutional forecasts ranging from $81 to $110 per...
Synopsis: Meesho shares extended their record eight-session losing streak as March quarter results revealed a sharp 47.1% year-on-year revenue jump to Rs. 3,531.2 crore alongside a widened EBITDA loss of Rs. 254.7 crore, a deteriorating trailing twelve-month free cash...
Synopsis: Across three separate work orders totalling Rs. 21.53 crore, South West Pinnacle Exploration Limited has secured coal exploration work from a Coal India subsidiary and entered gold mineral drilling via a new client in Andhra Pradesh also marking the...
Synopsis: Shares of Thangamayil Jewellery surged up to 9 percent intraday on June 4 after the Madurai-headquartered jewellery retailer filed a BSE intimation disclosing the inauguration of two new branches at Neelankarai and Pallavaram in Chennai on June 7, 2026 a...
Synopsis: As Tata Steel files its Business Responsibility and Sustainability Report for FY2025-26, the headline ESG narrative is complicated by a material regulatory development at its Dutch subsidiary Tata Steel Nederland, where authorities have signalled intent to...
Synopsis: Backed by a Rs.515 crore order book as of March 2026 and operating both its existing plants at over 82 percent utilisation, BSE SME-listed JD Cables is setting up a third manufacturing unit at Dankuni that will add 28,000 km of installed capacity nearly...
Synopsis: In a structural first for India’s freight rail sector, Texmaco Rail & Engineering has announced that Dallas-based TrinityRail Global is taking a 32 percent stake in the existing Touax-Texmaco railcar leasing joint venture forming a tripartite...
