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Dilip Buildcon says heavy rain, not construction lapses, led to Kerala tunnel incident
The infrastructure company said the Kerala tunnel project was being carried out in line with all engineering, safety and environmental norms, attributing the incident to exceptionally heavy rainfall while pledging full cooperation with the investigation.
Honda City facelift reaches dealerships ahead of May 22 launch; discounts rain on old model
The Honda City facelift has been spotted at dealerships ahead of its May 22 India launch, showcasing cosmetic and feature upgrades. Buyers can still avail significant discounts on the current model. The updated sedan is expected to feature revised styling, a larger infotainment screen, ventilated seats, and a 360-degree camera, while retaining its current engine options.
JSW Energy, NTPC Green, Tata Power, other power stocks lose steam, fall up to 3%
Power stocks, including JSW Energy, NTPC Green Energy and Tata Power saw a dip on Monday investors likley booked profits after last week’s heatwave-driven rally. Rising temperatures and weather alerts had boosted demand expectations, but recent forecasts of rain and storms tempered sentiment.
Trade Spotlight: How should you trade Rain Industries, IFCI, Cemindia Projects, Supriya Lifescience, Thermax, and others on June 1?
The market may consolidate further as long as it remains below short-term moving averages, with support placed at the May low. Below are some short-term trading ideas to consider.