Blow to BHEL, Thermax, L&T as government eases FGD norms

Under the new rules, thermal power plants located outside a 10-km radius of cities with populations of over 1 million are now exempt from installing FGDs.

Under the new rules, thermal power plants located outside a 10-km radius of cities with populations of over 1 million are now exempt from installing FGDs.

While Piramal will retain a 20% stake for now, he won’t remain on the board and says the new promoters are fully in charge. He has the right to appoint one director and plans to name his wife to the…

At the start of trade on Monday, Ola Electric Mobility’s stock was down 48% from its IPO price of ₹76 per share, and 75% lower than its post-listing high of ₹157.

Landmark Cars is the first multi-brand, multi-location auto dealer operating in the premium and luxury car segment in India, with 70 showrooms and 61 workshops as of FY25.

JM Financial expects a potential upside of up to 24% in shares of Polycab India, KEI Industries, and RR Kabel, where it has initiated coverage with a buy recommendation.

For June 2025 alone, toll collections grew 5% year-on-year to ₹544.8 crore, compared to ₹517.2 crore in June 2024. Shares of IRB Infrastructure Developers Ltd ended at ₹47.62, down by ₹0.67, or 1.39%, on the BSE.

On the flip side, foreign portfolio investors (FPIs) have increased their stake in state-run Garden Reach Shipbuiders to 5.33% from 3.84% during the March quarter.

Silver prices often follow gold’s trend. But this time, the white metal has outperformed gold. In June, silver gained more momentum due to robust industrial use and underinvestment in mining.

Iron ore futures rallied last week on speculation that Beijing may do more to aid the struggling property sector, while also moving to tackle industrial overcapacity. The metal is still trading slightly lower this year after five straight monthly losses.

Rahul Chadha is also betting on a recovery in discretionary consumption, especially in areas like travel, hospitality and quick commerce.