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Logistics firm A1 Ltd secures orders worth Rs 35 crore
Logistics firm A-1 Ltd has secured new orders totaling Rs 35 crore from prominent industrial houses, including Solar Industries Ltd, Mahadhan Agritech, and Sai Baba Polymer. These contracts, scheduled for execution by June 2026, significantly boost the company's revenue visibility for the current fiscal year.
Examination system in crisis: The urgent need to shift focus from cost to capability
Recent examination fiascos highlight a critical need to reform India's testing system. Current procurement practices favor low costs over essential capabilities. This approach compromises physical security, cybersecurity, personnel quality, and real-time monitoring. A shift towards evaluating demonstrated capability, resilience, and accountability is crucial. This will rebuild trust in the examination ecosystem and ensure fairness for students.
Horizon Reclaim (India) IPO GMP at 48% on Day 1 of the offer: Check subscription, price band and other details
Horizon Reclaim (India) IPO GMP today is ₹50. This means shares of the company are available at ₹153 in the grey market. At the current GMP, Horizon Reclaim (India) shares could list at a 48.5% premium over the offer price.
Record AI fund inflows continue to weigh on India's investment case: EPFR Global
EPFR Global's Cameron Brandt said that enthusiasm around potential IPOs such as SpaceX, OpenAI and Anthropic is supporting flows. Brandt warned that the current AI-driven investment cycle is diverting capital away from India, although the country could benefit as AI applications mature.
Blending of E20+ and petrol exempt from excise duty
The government has removed excise duty on blending over 20% ethanol with petrol. This move supports the use of more domestically produced ethanol. It aims to reduce reliance on imported crude oil. While this exemption is a step towards higher blends, extensive testing is still required. Most current vehicles are compatible with up to E20 blends.
Asus to scale up production in India to 20-30 pc, start making gaming laptopsin India
Asus is set to significantly boost its laptop production in India. The Taiwanese tech giant plans to manufacture 20 to 30 percent of its laptops locally within the current financial year. This expansion includes the introduction of gaming laptop production in India. Asus aims to be the first brand to locally produce gaming laptops, starting with its TUF gaming series.
Wipro's Rs 15,000 crore buyback opens today: Analysts expect 7-8% returns for retail investors. Here's how
Wipro's significant Rs 15,000 crore share buyback has commenced. Eligible shareholders can tender shares at Rs 250, a substantial premium to the current market price. This corporate action provides an opportunity for investors to realize profits. The buyback period runs from June 10 to June 17. Shareholders should ensure their accounts are active for smooth transactions.
Britannia Share Price Live Updates: Britannia's Current Market Price
Hindalco Share Price Live Updates: Hindalco's Current Trading Status
Bajaj Finserv Share Price Live Updates: Bajaj Finserv's Current Market Position
Power Grid Share Price Live Updates: Power Grid's Current Trading Status
ADIA to sell Rs 1,944 crore Lenskart stake days after SoftBank exit
Abu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 crore. This follows a significant stake sale by SoftBank, with the deal structured as a block deal at a slight discount to the current market price.