Synopsis: Global benchmarks cooled on Wednesday following an indefinite extension of the Iran ceasefire. While the Strait of Hormuz blockade remains a bottleneck, the diplomatic reprieve has pulled Brent back from the brink of a $150 ‘super-spike,’...
Synopsis: United Drilling Tools Ltd (UDTL) has secured a domestic contract worth Rs. 3.16 crore from Vedanta Limited for drilling accessories. This win adds to a series of recent orders from major players like ONGC, signaling a robust domestic pipeline for the...
Synopsis: In a striking coincidence of timing, ace investor Mukul Mahavir Agrawal reduced his stake in OneSource Specialty Pharma to below 1% just weeks before the company announced a landmark U.S. FDA approval for a generic version of the global blockbuster drug,...
Synopsis: Central Mine Planning & Design Institute Limited (CMPDI) realized an increase in net sales of 10.17% to 2,316.53 crore in FY 2025-26. The Board also announced a final dividend of 1.06 per share to the shareholders along with its earnings despite the net...
Synopsis: Tata Steel Limited has completed the acquisition of a 26% equity stake in TP Adarsh Limited (TPAL), a subsidiary of Tata Power Renewable Energy, for Rs. 5.9 crore. The strategic investment transforms TPAL into an indirect associate company, aligning with...
Synopsis: Rajratan Global Wire Limited (RGWL) announced its high financial performance at the end of the fiscal year (March 31, 2026) with consolidated revenue of operations increasing by 23.6% to 1,156.50 crore. With its healthy growth, the Board has suggested the...
Synopsis:Praj Industries has inaugurated a first-of-its-kind Advanced Precision Fermentation Lab at its R&D center, Praj Matrix, to accelerate high-performance biomanufacturing. In alignment with India’s BioE3 policy, the company also signed an MoU with BRIC–NCCS...
Synopsis: Karnataka Bank has announced a strategic partnership with Pine Labs Ltd. to provide advanced Point-of-Sale (PoS) solutions to its merchant customers. The collaboration is aimed at strengthening the bank’s digital payment ecosystem, specifically...
Synopsis: PNB Gilts, a major player in the Indian government securities market, faced a challenging final quarter in FY26. Despite a slight increase in revenue, a massive spike in expenses and trading losses led to a sharp decline in the company’s bottom line....
Synopsis: Associated Alcohols & Breweries to acquire Kerala-based SDF Industries for Rs. 30.85 crore following NCLT approval. The strategic deal establishes direct manufacturing ownership, enhancing cost efficiency and supply chain reach in Southern India....
