Wockhardt eyes USD 7 billion market opportunity for antibiotic Zaynich in US, Europe
Wockhardt’s novel antibiotic Zaynich has a USD 7 billion market opportunity in the US and Europe, with regulatory filings and launches planned for FY2026-27.
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JSW Energy adds 281 MW renewable energy capacity, secures 250 MW wind PPA
JSW Energy has added 281 MW of renewable capacity and signed a 25-year power purchase agreement with Adani Electricity for a 250 MW wind project in Maharashtra at ₹3.65
Trade Setup for June 6: Nifty pins hopes on a bigger RBI rate cut to move towards 25,000 and beyond
The Nifty remained volatile within a defined range throughout the day, failing to establish a clear directional move. The support at 24,500 continues to hold firm. Unless the index breaches this level, a serious correction appears unlikely, according to analysts.
Praj Industries to partner with Enersur SA for Paraguay biorefinery
The agreement was signed during the state visit of Paraguayan President Santiago Peña Palacios to India from June 2-4, 2025. Shares of Praj Industries Ltd ended at ₹489.75, down by ₹4.55, or 0.92%, on the BSE.
Imagicaaworld secures ₹275-cr HDFC Bank loan to buy Wet’n Joy theme parks in Maharashtra
The loan will finance the acquisition of two major amusement and water parks — Wet’n Joy at Lonavala and Wet’n Joy & Saiteerth Devotional Theme Park at Shirdi. Shares of Imagicaaworld Entertainment Ltd ended at ₹71.69, up by ₹0.41, or…
Shyam Metalics May update: Stainless steel sales grow, aluminium foil stays flat YoY
Shyam Metalics reported a year-on-year rise in stainless steel sales for May 2025, while aluminium foil volumes surged 32% month-on-month.
Bajaj Finserv Block Deal: Bajaj Holdings, Jamnalal Sons to sell ₹5,828-crore stake
The base size of the offer is ₹4,750 crore, with an additional greenshoe option of ₹1,078 crore, the sources told CNBC-TV18. Shares of Bajaj Finserv Ltd ended at ₹1,943.50, down by ₹12.25, or 0.63%, on the BSE.
Nifty settles above 24,700 in rangebound trade, midcaps outperform
The NSE Nifty 50 index rose 131 points, or 0.53%, to close at 24,751, while the S&P BSE Sensex climbed 444 points, or 0.55%, to end at 81,442. The Nifty Midcap 100 index mirrored the benchmarks, advancing 0.65%, or 378…
Ashoka Buildcon bags ₹1,387 crore traffic management project in Maharashtra
Ashoka Buildcon has secured a ₹1,387.19 crore contract for an Intelligent Traffic Management System across Maharashtra, covering Nagpur, Mumbai, Pune, Marathwada, and Konkan & Western Maharashtra.
Here’s what triggered a 12% surge in Cochin Shipyard and its other defence peers
The move came after US Secretary of Defense Pete Hegseth echoed President Donald Trump’s call for NATO members to significantly increase their defense spending.