Shares of Transformers & Rectifiers (India) Ltd increased by nearly 2% during morning trade on February 19 after the company reported the receipt of new orders worth ₹166.45 crore. At 9:22 AM, the shares were priced at ₹374.40, up by ₹6.85 (1.86%) on the BSE. The company has achieved the order from Hyosung T&D India […]
Transformers & Rectifiers Shares Rise 2% After Winning ₹166.5 Crore Order Read More »
The Brihanmumbai Municipal Corporation (BMC) has directed roadside hawkers, dining centers, and restaurants in Mumbai to transition to cleaner fuels like Compressed Natural Gas (CNG) or Piped Natural Gas (PNG) on or before 8th of July, 2025, failing which strict action will be taken. The move, undertaken with the intent of lowering air pollution, has
BMC Orders Mumbai Eateries to Shift to CNG or Piped Gas by July, Warns of Strict Action Read More »
Shares of Patel Engineering (PEL) traded marginally lower in early trade on February 18, despite the company being declared the lowest bidder (L1) for a project worth ₹1,090.45 crore. At 9:23, shares of Patel Engineering fell 0.31%, down by ₹0.14, and traded at ₹44.38 on the BSE. The contract has been awarded by the Maharashtra
Patel Engineering Shares Dip Slightly After Winning ₹1,090 Crore Project Bid Read More »
Shares of Borosil Renewables were locked lower by 5 percent on 17 February after its wider quarter-ended December quarter loss announcement. The company’s net loss surged to ₹30 crore, compared to its loss of ₹15.90 crore reported by it within the same quarter of last year. The company’s bottom-line was impacted by rising input costs,
Borosil Renewables Shares Hit 5% Lower Circuit as Q3 Losses Deepen Read More »
Dubai-based low-cost carrier FlyDubai is considering its foray into India’s domestic aviation market through Busy Bee Airways, which is negotiating to acquire bankrupt carrier Go First. According to reports, Busy Bee has contacted Go First’s Committee of Creditors (CoC) to acquire its flying licence, trademarks, and airport slots. Busy Bee is not, though, seeking Go
The Indian stock market continued its losing streak for the ninth consecutive session on February 17, as Nifty 50 and Sensex opened in the red. Weak global cues, heavy selling by foreign institutional investors (FIIs), a falling rupee, and the imposition of US reciprocal tariffs on Indian exports have dampened investor sentiment, leading to sharp
US Tariff Concerns Trigger Sell-Off in Pharma Stocks; Sun Pharma, Lupin, Dr Reddy’s Decline 2-4% Shares of Indian pharmaceutical companies came under heavy selling pressure on February 14 amid rising concerns over potential US tariffs on drug imports. The decline followed comments from former US President Donald Trump, who suggested imposing reciprocal tariffs on several
US Tariff Concerns Hit Pharma Stocks; Sun Pharma, Lupin, Dr Reddy’s Decline 2-4% Read More »
British American Tobacco (BAT), the largest shareholder of India’s leading cigarette manufacturer ITC Ltd, has announced plans to divest its stake in ITC Hotels by 2026. The decision is part of BAT’s broader strategy to focus on its core business and maximise shareholder value. BAT’s CEO, Tadeu Marroco, stated in a post-earnings call that the
BAT Plans to Exit ITC Hotels Stake at Optimal Time to Maximise Returns Read More »
Volvo Group has announced an investment of ₹1,400 crore to expand its manufacturing operations in Karnataka. The company signed a Memorandum of Understanding (MoU) with the Karnataka government on February 13 to establish its fourth international manufacturing hub in Hosakote, Bengaluru. The agreement was inked in Chief Minister Siddaramaiah’s official residence, ‘Cauvery,’ in the presence
Volvo Group to Invest ₹1,400 Crore in Karnataka for New International Manufacturing Hub Read More »
Shares of Vodafone Idea rebounded sharply on February 13, climbing 7% to ₹8.99, as investors cheered the telecom company’s plans for a ₹10,000 crore network expansion by the end of March. The positive management outlook helped reverse a three-day losing streak in the stock. The Aditya Birla Group-backed telecom operator has already spent ₹5,300 crore
Vodafone Idea Shares Surge 7% on ₹10,000 Crore Expansion Plan Read More »
