HCLTech launches AI Innovation Zone in collaboration with Google Cloud
New Santa Clara facility to help enterprises scale AI applications across agentic, kinetic and physical AI using Gemini Enterprise
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India’s capital markets story: The quiet transformation of the PM Modi years
India’s capital markets have undergone a profound transformation during Prime Minister Narendra Modi’s 4,399 days in office. Record SIP inflows, soaring demat accounts and a stock market that briefly crossed $5 trillion have made domestic investors a powerful force in…
Grasim announces ₹3,094-cr investment for lyocell capacity expansion in Karnataka plant
The expansion will add 110,000 TPA capacity at Harihar; total cellulosic staple fibre capacity slated to exceed one million tonnes annually by 2030. Grasim Industries, a Aditya Birla Group company, shares closed at ₹3,060.30 on the NSE on June 8,…
JSW Energy moves to make key wind equipment in-house
The facility has an annual production capacity of up to 450 wind blades, equivalent to supporting around 600 MW of wind power projects.
CCL Products guides for 15% volume growth in FY27 as coffee prices ease
Praveen Jaipuriar, CEO of CCL Products India, said the company operates on a cost-plus model and procures coffee against confirmed customer orders. This helps shield profitability from volatility in coffee prices, allowing the company to focus on preserving EBITDA per…
Equirus sees oil prices staying elevated, prefers gas stocks over OMCs
Maulik Patel, Head of Research and Oil & Gas Expert at Equirus, said oil prices may stay above $80-$85 per barrel even if a peace deal is reached. The brokerage prefers gas companies such as GAIL and Gujarat Gas over…
Closing Bell: Broad-based selling sends Sensex, Nifty to two-month lows
Indian equities extended losses for a second straight session, with the Sensex and Nifty hitting two-month lows amid broad-based selling. Rising crude oil prices, weakness in heavyweight stocks and a risk-off mood weighed on market sentiment.
Ceigall targets 15% sales growth, plans to cut debt by ₹750 crore through asset sales
Ramneek Sehgal, Chairman and Managing Director of Ceigall India, said planned sales of three road assets could reduce debt by around ₹750 crore and bring more than ₹400 crore of equity into the company. The infrastructure firm is also exploring…
Why is Zee raising funds despite sitting on a sizeable cash pile?
Abneesh Roy, Executive Director of Nuvama Institutional Equities discusses the likely reasons behind the move, the long-term significance of FIFA broadcasting rights, promoter stake considerations, and the challenges facing the media industry in the near term.
Hindalco offers favourable risk-reward, says HSBC; sees stock at ₹1,430
The brokerage said that while benchmark aluminium prices on the London Metal Exchange (LME) have remained firm, physical aluminium premiums have risen sharply, with recent offers crossing $450 per tonne.