Sources tell CNBC-TV18 that Everstone Capital has revived efforts to exit Restaurant Brands Asia, with multiple bidders submitting premium bids and a promoter change likely to trigger an open offer.
ACME secured the 130 MW Indian Railways’ RTC project with a bid of ₹4.35 per unit. The discovered tariff suggests a rising competitiveness of hybrid renewable energy solutions combining solar, wind, and battery storage to deliver high-capacity-utilisation power throughout the…
The Nifty 50 closed 0.42% lower at 25,960, slipping below the 26,000 mark, while the Sensex dropped 441 points to 84,791.
The IT and ITES industry, one of the country’s most formalised sectors and a major employer, will see statutory costs rise across salary structures, health requirements, and compliance processes.
Devina Mehra of First Global said that the broader market remains narrow, with only a small share of stocks outperforming despite index gains. She also cautioned that global diversification requires more than US tech exposure, pointing to the risks in…
The tragic crash of Tejas fighter jet in Dubai will not impact HAL’s business operations, financial performance or its future deliveries, the company said.
Ghulam Zia of Knight Frank told CNBC-TV18 that the payment aspect for workers could just end up solving the labour shortage issue, which has been the Achilles heel for the real estate players.
Jefferies said Shyam Metalics has a strong growth outlook and is positioned among the top three stainless steel producers in the country.
Shares of Highway Infrastructure, Patel Retail, and VMS TMT, despite the hefty subscription to their IPOs, including those from the retail shareholders, are currently trading below their issue price.
The contract won by Dilip Buildcon from NALCO spans 25 years, with the first three years dedicated to engineering, procurement and construction (EPC) work valued at ₹1,750 crore and covering 7 million tonnes. The remaining 22 years comprise mining operations…