Why is Pakistan’s stock market rallying to record highs?
Pakistan’s stock market has never been here before. From Trump-Sharif meetings to Saudi investments and IMF talks, a cocktail of politics and money is fuelling the record-breaking rally.
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Dalmia Bharat Sugar gets ₹120 crore relief as Madras HC quashes surface rights demands
The court cancelled a ₹79 crore demand for the period 1966 to 2017 and a ₹41 crore demand for 2017 to 2024. The litigation pertained to historical claims for compensation on surface rights in relation to the company’s mining operations.…
Trade Setup for October 1: Nifty remains on the edge ahead of RBI policy, Auto sales, Q2 updates
During the first half of Wednesday’s trading session, all eyes are will be on Reserve Bank of India Governor Sanjay Malhotra, as to whether he takes a step forward and delivers yet another rate cut, or chooses to stay put…
RITES signs MoU with Etihad Rail to expand mobility sector collaboration in UAE
The partnership aims to combine RITES’ five decades of expertise in consultancy, transport infrastructure, and engineering solutions with the execution capabilities of NICC, creating synergies for infrastructure projects in the region. Shares of RITES Ltd ended at ₹246.05, down by…
Capillary Technologies gets Sebi’s nod to float IPO
The proposed IPO comprises a fresh issue of shares worth ₹430 crore and an offer for sale (OFS) of 1.83 crore shares by existing shareholders, according to the draft red herring prospectus (DRHP).
Oil India, GAIL sign MoU to boost natural gas collaboration, cleaner energy access
Oil India and GAIL inked an MoU to strengthen cooperation across the natural gas value chain, aiming to expand domestic gas access and support India’s transition to cleaner energy.
POWERGRID awarded inter-regional 765 kV transmission lines project under TBCB
The project involves the construction of 765 kV D/c transmission lines across Karnataka and Maharashtra, along with the development of associated line bays at both ends. Shares of Power Grid Corporation of India Ltd ended at ₹280.10, down by ₹0.50,…
Atlantaa signs agreement with IRCON for ₹2,485 crore Bhandara-Gadchiroli expressway package
Atlantaa stated that further disclosures will be made once the project is officially awarded to IRCON by MSRDC. Shares of Atlantaa Ltd ended at ₹38.87, up by ₹0.39, or 1.01% and shares of Ircon International Ltd ended at ₹171.55, up…
LG Balakrishnan says cyberattack hit select IT systems, assures impact contained
The company said it took immediate action to contain the impact and secure the system. It is monitoring the situation closely while operating business as usual.
New India Assurance faces ₹2,379 crore GST demand over coinsurance premiums and reinsurance commissions
The New India Assurance has received a GST tax demand of ₹2,379 crore over coinsurance premiums and reinsurance commissions, which the company plans to contest. CBIC clarifications classify these transactions as “No Supply,” strengthening the insurer’s case to challenge the…