Market News
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Apollo Micro Systems gains after inking pact to acquire promoters' stake in Premier Explosives
Apollo Micro Systems added 2.75% to Rs 409.25 after the company signed a definitive share purchase agreement (SPA) to acquire a 41.33% promoters' stake in Premier Explosives for Rs 1,550 crore in an all-cash transaction.
Exclusive | Borosil Renewables promoters explore stake sale, in talks with strategic investors
The Kheruka family, which owns nearly 59% of Borosil Renewables, is evaluating strategic investment proposals and could sell part or all of its stake if discussions progress, sources told CNBC-TV18.
Crude oil prices will be the key driver of equities for now: Nilesh Shah
The oil market, Shah of Kotak AMC said, is signalling that supplies could get constrained again, which may lead to another increase in prices. All this will impact how equity markets play out.
Amit Shah directs immigration checkpoints at Jewar, Agartala airports to open soon
Union Home Minister Amit Shah directed operationalization of immigration checkpoints at Agartala and Jewar airports. He also prioritized development of sixty-two airports within two years for passenger convenience. Foreigners Regional Registration Offices will become operational at all state headquarters by 2027. A mechanism will be established to promote the Fast Track Immigration Programme with airlines. Automated X-ray Tray Return Systems will be installed nationwide to reduce human resource costs.
GE Vernova stock hits all-time high at 1182.31 USD By Investing.com - Investing.com India
GE Vernova stock hits all-time high at 1182.31 USD By Investing.comInvesting.com India
'E20 safe for all vehicles, can solve energy, farm woes': Toyota's Vikram Gulati
India's push for E20 fuel, compatible with all vehicles sold after April 2023, aims to bolster energy security, aid farmers, and combat climate change. Toyota Kirloskar Motor's Vikram Gulati highlighted the program's success in saving billions and boosting farmer incomes. He also addressed misconceptions, stating E20 poses minimal risk to existing vehicles and offers significant environmental advantages as a carbon-neutral fuel.
Transformers and Rectifiers bags order worth Rs 1,000 cr from Power Grid Corporation of India
Transformers and Rectifiers (India) Limited has secured a significant order exceeding Rs 1,000 crore from Power Grid Corporation of India Ltd (PGCIL). This "ultra mega order" involves the manufacturing of various rated transformers and all associated work. The substantial deal highlights a major development for the company in the power infrastructure sector.
Tata Sierra EV launch today: Check price, features, battery options and other key features
Tata Motors is launching the highly anticipated Sierra EV today, June 30, in an all-new electric avatar. Teasers reveal a potential driving range exceeding 500 km, a modern cabin with a Boost Mode, and multiple terrain capabilities including Sand Mode. The SUV will offer all-wheel-drive options and is expected to be packed with premium features, rivaling upcoming electric SUVs in the Indian market.
Draft National Electricity Data Sharing Framework unveiled
The framework will apply to all electricity sector data created and maintained by power generating companies, transmission licensees, distribution licensees, load despatch centres, regulatory commissions, government agencies including Central Electricity Authority, Grid India and power exchanges, among others.
Delhi peak power demand hits all-time high of 8,748 MW amid heatwave conditions
In an extraordinary turn of events, Delhi's power consumption skyrocketed to an all-time high of 8,748 MW on Monday, driven by a relentless heatwave. City officials commend the effective power infrastructure and strategic foresight that allowed for uninterrupted service. Nevertheless, this surge places immense pressure on transmission capabilities, with forecasts suggesting continued rises in usage throughout the season.
Polycab: Amid record FII buying, shares at all-time high but brokerages expect more upside - Business Today
Polycab: Amid record FII buying, shares at all-time high but brokerages expect more upsideBusiness Today
Welspun Corp stock zooms 111% from February low; here's why
The medium to long term business outlook for Welspun Corp continues to remain positive across all its businesses, supported by strong focus on Oil & Gas, energy security and transition initiatives.