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Monetise idle household gold, ease compliance burden to build Viksit Bharat: Kotak MF's Nilesh Shah
Nilesh Shah of Kotak Mutual Fund suggests India must unlock its vast household gold reserves. He also calls for easing business regulations. These steps are crucial for India's development. He highlighted significant gold imports and the potential of gold financing. Entrepreneurs are driving innovation despite challenges. Support for businesses is vital for global competition.
KEC International bags orders worth Rs 1,300 cr in India, overseas
KEC International has secured new orders totaling Rs 1,303 crore. These orders span across its transmission and distribution, civil, renewable, and cables and conductors businesses. The company received projects in India and international markets. These wins are expected to drive KEC International's future growth. The RPG Group company is a major player in global infrastructure EPC.
Nomura Asset, Capital Group, others buy 5.3% stake in Premier Energies for Rs 2,291 cr
Global financial institutions and Indian mutual funds have bought a 5.3 percent stake in Premier Energies. The deal involved promoters selling shares worth over Rs 2,291 crore. This investment comes as Premier Energies secured significant orders for solar cells and modules. The company is expanding its manufacturing capacities for cells and modules.
India’s scorching nights strain power grid and threaten health
India faces a dual threat from dangerously hot summers and increasingly sweltering nights, exacerbated by global warming and urban heat islands. This sustained heat strains both people and power infrastructure, leading to record energy demand and widespread blackouts, particularly impacting vulnerable populations.
AXISCADES transfers engineering services verticals to Akkodis in $30 million deal
Akkodis is a global digital engineering consulting company with over 40,000 engineers and digital experts across more than 30 countries, according to the company’s exchange filing.
Healthcare, engineering and specialty chemicals remain key market themes: Mayuresh Joshi
Mayuresh Joshi, Director Research at Marketsmith India, believes execution will remain key for companies like Suzlon, while healthcare, engineering and select speciality chemical names continue to offer strong growth opportunities. He also sees India-focused engineering and capital goods companies remaining resilient despite global uncertainties. Joshi says investors should stay selective in IT, remains positive on Navin Fluorine, and is closely tracking niche AI-linked opportunities emerging in smaller tech firms.
AXISCADES transfers its Engineering Services practice to Akkodis
AXISCADES Technologies announced implementation of its strategic plan: the transfer of its Engineering Services practice catering to Heavy Engineering, Energy and Automotive verticals, to Akkodis, a leading global digital engineering consulting company. This transaction represents the first concrete step in AXISCADES' planned transition from a services-led organization to a focused aerospace manufacturing and products-led platform a transformation the Company has signaled to its shareholders consistently over the past four quarters.
Toyota Kirloskar to invest Rs 1,200 crore at KWIN City in Karnataka
Toyota Kirloskar Motor will establish its first global 'BizIntel Hub' in Karnataka's KWIN City, investing Rs 1,200 crore over five years. The 300-acre facility will focus on vehicle manufacturing, testing, and advanced automobile production, creating approximately 200 jobs. This marks the first major investment for the KWIN City project.
"India will be the largest beneficiary of cooling global oil prices," says stock market expert Sunil Shah - The Tribune
"India will be the largest beneficiary of cooling global oil prices," says stock market expert Sunil ShahThe Tribune
"India will be the largest beneficiary of cooling global oil prices," says stock market expert Sunil Shah - ANI News
"India will be the largest beneficiary of cooling global oil prices," says stock market expert Sunil ShahANI News
AI Rally Drives Best Run in Global Momentum Stocks on Record
The AI boom is giving momentum investors their best return in decades, as the world’s hottest stocks power ahead despite worries over potentially slower growth due to the Iran war.
Stocks in news: Suzlon Energy, Wipro, Hindalco, ICICI Bank, Eicher Motors
Indian markets closed with small gains amidst a volatile week. Investors will watch global economic news and policy comments. The RBI's dividend transfer will impact liquidity and government spending. Suzlon Energy, Wipro, Hindalco, ICICI Bank, and Eicher Motors are in focus. Companies like Suzlon Energy, RVNL, and Pine Labs will announce quarterly results.