Synopsis: MUFG Bank acquires a 20% stake in Shriram Finance for Rs. 39,618 crore, marking India’s largest cross-border financial deal to boost lending capacity and global reach. MUFG Bank is now a part of Shriram Finance. The Japanese bank has invested Rs....
Synopsis: Torrent Power receives CCI approval to acquire Nabha Power for Rs. 6,889 crore, adding a 1,400 MW supercritical plant in Punjab and expanding capacity to 6.4 GW. The acquisition of Nabha Power is a strategic play for immediate scale and geographical...
Synopsis: Hyundai Motor India will raise vehicle prices by 1% from May 2026 to offset input costs, coming off a record-breaking domestic sales performance of 1.66 lakh units in Q4. Hyundai Motor India (HMIL) announced a marginal 1% price hike across its portfolio...
Synopsis: MCX gold and silver futures posted sharp single-session gains on April 8, 2026, as Trump’s surprise Iran ceasefire announcement and the reopening of the Strait of Hormuz triggered a broad rally across precious metals domestically and globally. On the...
Synopsis: The Indian rupee gained 0.4 percent to 92.67 per dollar at the opening of Wednesday’s session on expectations of reduced geopolitical risks following an agreement between the US and Iran for a two-week ceasefire and a weaker US dollar index. The Indian...
Synopsis: Prostarm Info Systems has been awarded a 50 MWac solar power plant EPC sub-contract by Solarium Green Energy under the MAHAGENCO framework, a deal valued at approximately Rs 165 crore. Prostarm Info Systems Ltd. has won a substantial Rs 165 crore Letter of...
Synopsis: Shares of InterGlobe Aviaation Ltd, the parent company of IndiGo, jumped over 10% in early trading on Wednesday, April 8, 2026, on reports of the ceasefire between the United States and Iran resulting in a sharp drop in crude oil prices, thus improving the...
Synopsis: Alka India Limited has announced a consolidated net profit of Rs 0.82 crore for the quarter ending March 2026. This is a significant turnaround from the net loss of Rs 0.38 crore reported during the same period last year. The company has also achieved its...
Synopsis: Sona Comstar has hit record production milestones of 500 million differential gears and 10 million assemblies,reflecting a nearly doubled global market share of 8.7%. Sona BLW Precision Forgings Ltd. officially achieved two major manufacturing milestones on...
Synopsis: Dynacons Systems & Solutions Limited has been awarded a Rs 25 crore Enterprise Resource Planning implementation contract by Jammu & Kashmir Bank Limited, for a period of five years. Disclosed on April 7, 2026, the order marks a significant addition...
