Synopsis: Ceigall India Limited has entered into a Share Purchase Agreement to divest its highway project subsidiary, Ceigall Malout Abohar Sadhuwali Highways Private Limited, for a consideration of around Rs. 177 crore. The transaction is expected to help the company...
Synopsis: Shares of state-run trading majors MSTC and MMTC surged up to 15% on Thursday, June 4, 2026, following the Union Cabinet’s approval of a landmark Rs. 9,585 crore vehicle scrappage incentive scheme for the Delhi-NCR region. The policy, targeting the...
Synopsis: Ramco Cements has received a favourable order in a long-pending excise duty litigation, with authorities dropping a disputed demand of Rs. 1.6 crore related to the levy of excise duty on bagged cement. The development removes a legal overhang and confirms...
Synopsis :A global study commissioned by Tata Communications reveals that while AI has become a strategic priority for enterprises worldwide, most organizations lack the modern infrastructure required to scale AI effectively. The findings highlight a significant...
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: The Union Cabinet has approved a 10,000 crore ATF Price Stabilisation Fund to shield Indian airlines from a 135% surge in jet fuel prices triggered by the West Asia crisis. The 36-month revolving fund provides interest-free advances to OMCs, allowing them to...
Synopsis: Anupam Rasayan India Limited has highlighted significant growth opportunities arising from its proposed acquisition of Bliss GVS Pharma. The company expects revenue growth to recover to the 25–30 percent range in FY27 and has guided for EBITDA margins of...
Synopsis: Shares of Lenskart Solutions Limited came under pressure during trading on June 4, 2026, after a major stake sale by one of its early investors, SoftBank. The stock declined more than 2% during the session, touching an intraday low of Rs. 505, as investors...
Synopsis: Reliance Industries’ subsidiary Model Economic Township Limited has signed two MoUs with the Haryana Government involving investments worth Rs. 8,646 crore in its Reliance MET City project at Jhajjar. The proposed investments are expected to generate...
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...
