Synopsis: Heavy civil construction and engineering player Brahmaputra Infrastructure Limited, in a joint venture with HBMCPL, has been declared the lowest bidder (L1) for a milestone railway EPC contract worth approximately Rs 137.60 crores. Awarded by the Northeast...
Synopsis: The Indian Army’s latest drone procurement marks another step in strengthening next-generation warfare capabilities, with domestic defence companies emerging as frontrunners in a major fast-track acquisition programme. The Indian Army is accelerating...
Synopsis: Alcohol stock fell 6.7 percent despite a 46 percent jump in Q1 FY27 net profit, as investors reacted to weaker quarter-on-quarter earnings, higher input costs, and lower other income. The share of this company, which manufactures and markets Alcoholic...
Synopsis: NSE will launch Indian Natural Gas futures from July 27 after SEBI approval, offering a regulated platform for price risk management. Linked to IGX Dahej prices, the cash-settled contracts will improve domestic price discovery, transparency, and hedging...
Synopsis: Lenexis Foodworks Private Limited acquired 10.30 crore equity shares through the mandatory open offer, significantly increasing the new promoter group’s stake in Restaurant Brands Asia. The transaction increases the group’s equity holding to...
Synopsis: A financial group’s subsidiary has gained a global investor by issuing preference shares, which has increased its stock price. The ₹900 crore investment will boost the broking division’s finances and help it grow while maintaining management control....
Synopsis: Brent crude briefly crossed the $80-per-barrel mark after renewed geopolitical tensions in the Middle East, before retreating below $78. The sharp move has renewed concerns over India’s inflation, current account deficit, rupee, and sector-specific...
Synopsis: Kothari Industrial Corporation has announced that Evervan Kothari Footwear, a subsidiary of its associate company, will commence construction of its Adidas footwear manufacturing facility in Karur, Tamil Nadu, with the groundbreaking ceremony scheduled for...
Synopsis: Eight stocks gained investor attention after block deals worth over Rs 2,300 crore, involving institutional buying and selling across banking, pharma, technology, and financial services sectors. The Indian stock market witnessed several block deals, bringing...
Synopsis: Shares of Uday Jewellery Industries Ltd gained nearly 3 percent after the company announced that it had formally applied to the National Stock Exchange (NSE) for the direct listing of its existing equity shares. If approved, the move should improve trading...
