Texmaco Rail partners Touax Group, TrinityRail for railcar leasing venture in India
Shares of Texmaco Rail & Engineering Ltd ended at ₹102.75, down by ₹1.40, or 1.34%, on the BSE.
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SEBI bars Rajesh Exports promoter from securities market, alleges ₹15 lakh crore revenue gap
SEBI has directed the company to fully cooperate with investigators after alleging repeated inconsistencies and gaps in information submitted to the regulator. Rajesh Exports Ltd is India’s largest exporter of gold products.
Fund managers seek easier rules to bring more NRI and global money into GIFT City
Fund industry leaders have urged policymakers to make GIFT City more investor-friendly through omnibus investing, digital onboarding and simpler compliance norms, arguing that India can tap overseas and NRI money more effectively through the financial hub.
Atlanta Electricals bags ₹285 cr Punjab transmission utility order for 23 power transformers
Shares of Atlanta Electricals Ltd ended at ₹2,052.40, up by ₹97.70, or 5.00%, on the BSE.
Berkshire deploys $16.8 billion in two days as Greg Abel makes his mark
Berkshire Hathaway under Greg Abel invests $10 billion in Alphabet and buys Taylor Morrison Home Corp for $6.8 billion, signaling a more active capital deployment strategy.
Mastek receives income tax assessment order with ₹124 crore additions for FY23
Shares of Mastek Ltd ended at ₹1,685.00, down by ₹43.55, or 2.52%, on the BSE.
Hero MotoCorp expands ethanol push with flex-fuel Splendor+ and HF Deluxe
Hero MotoCorp has unveiled flex-fuel versions of the Splendor+ and HF Deluxe, compatible with ethanol blends from E20 to E85, with a phased rollout set to begin in July.
BHEL secures ₹2,500-crore Nigeria order for gas turbine generator packages
The total value is in the range of ₹2,000-2,500 crore. The contract covers design, manufacturing, supply up to Mumbai Port, supervision of building and commissioning, and performance guarantee testing of eight gas turbine generator packages. The scope excludes civil work.…
Dow Jones falls over 300 points as oil prices rise amid rising West Asia tensions
Wall Street opened lower as investors grappled with rising oil prices, climbing Treasury yields and escalating US-Iran tensions. The pullback comes after a strong AI-fuelled rally pushed major indices to record highs in the previous session.
Let rupee act as shock absorber, no case for aggressive RBI defence: Gita Gopinath
Gita Gopinath said the Reserve Bank of India should avoid using aggressive currency defence measures or rate hikes amid external shocks, warning that artificially supporting the rupee could discourage investors and hurt economic activity.