Larsen & Toubro wins tribunal case, ₹702 crore customs demand quashed
Shares of Larsen and Toubro Ltd ended at ₹3,865.80, up by ₹35.55, or 0.93% on the BSE.
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Aseem Srivastav resigns as CEO of B2C vertical at Kirloskar Oil Engines
From January 1, 2025, Rahul Sahai, currently the CEO of the B2B vertical, will take on the role of Chief Executive Officer of the company.
LG Electronics files for IPO with SEBI, plans to sell 101.8 million shares
LG Electronics India will be selling 101.8 million shares, with the entire issue being an offer-for-sale (OFS) by its parent company, LG Electronics Inc. The…
Nifty 50, Sensex snap five-session gaining streak as RBI maintains repo rate
The headline domestic indexes ended the week in the positive for the third consecutive time, gaining 2% each and recording their biggest weekly gains in…
Sensex target set at 93,000 by December 2025, says Morgan Stanley
Morgan Stanley’s projection underscores India’s growing prominence as an investment destination, with the Sensex’s upside potential seen as more attractive than most markets under the…
Venus Remedies surges nearly 8% on authorisation to market lung cancer treatment drug in Philippines
Venus Remedies informed the exchanges on December 6 that it has received the marketing authorisation for Pemetrexed 500mg, a chemotherapeutic agent widely used in the…
This railway company just won an order greater than its market capitalisation
Recently, a CG Power unit, G.G. Tronics, was also awarded an order from Chittaranjan Locomotive Works.
Franklin Templeton’s Sonal Desai sees Fed cutting rates by 75 bps in 2025 amid fiscal challenges
Sonal Desai, CIO of Franklin Templeton Fixed Income, stated that her Fed rate cut forecasts have been consistently lower than market expectations. She expressed concerns…
MobiKwik IPO Risk Factors — From increased competition, negative cash flow to slowing growth
MobiKwik has highlighted several risk factors in its RHP, including intense competition, utilisation of net proceeds, reliance on third parties, and others.
Defence stock with 145% returns in 2024 so far, hits record high today — do you own?
Zen Technologies has signed an MoU with Florida-based AVT Simulation, known for its air simulation systems, aiming to break into the US defence market.