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...
Synopsis: PNGS Reva Diamond Jewellery reported a 70% revenue surge to Rs. 439 crore for FY26, driven by aggressive retail expansion. However, rapid scaling and rising costs pressured profitability, dropping EBITDA margins from 31% to 22% and narrowing PAT margins as...
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: IIFL Finance successfully raised $500 million through an overseas social bond issue at a 7.60% coupon, 30 basis points lower than initial guidance. Attracting nearly $1 billion in bids, the 3.25-year notes reflect strong global investor confidence, lower...
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...
