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These stocks have gained up to 10% led by order wins over the weekend
Apart from VA Tech Wabag, Data Patterns and SEAMEC, other companies that have won orders include RailTel, which has won an order worth ₹34 crore from the South Central Railway, Dilip Buildcon has emerged as the lowest bidder for a ₹160 crore EPC road project, and Newgen Software, which has bagged a ₹20.5 crore order form Kuwait.
Wells Fargo's AI boss tells employees how not to get replaced by evolving tech
Saul Van Beurden explains how Wells Fargo employees can stay competitive as AI reshapes jobs and transforms how companies hire. Here’s what he said.
Renew Wind Cancels Supply Deal with Indo Tech | Samvardhana Motherson Acquires Stake in YGCL | Top Buzzing Stocks Today - Equitymaster
Renew Wind Cancels Supply Deal with Indo Tech | Samvardhana Motherson Acquires Stake in YGCL | Top Buzzing Stocks TodayEquitymaster
Renew Wind Cancels Supply Deal with Indo Tech | Samvardhana Motherson Acquires Stake in YGCL | Top Buzzing Stocks Today - Equitymaster
Renew Wind Cancels Supply Deal with Indo Tech | Samvardhana Motherson Acquires Stake in YGCL | Top Buzzing Stocks TodayEquitymaster
Stocks in news: Tata Steel, Kaynes Tech, GAIL, Somany Ceramics, TVS Motor
Indian markets continued their downward trend on Thursday. Several companies saw significant news. BofA Securities invested in Kaynes Technologies. GAIL assured uninterrupted gas supply to Bengaluru. South Indian Bank launched EPF payment services. DCM Shriram approved renewable energy investment. TVS Motor launched a new electric scooter. Tata Steel moved court over a GST demand.
Explained: How Dixon, Kaynes Tech, others may benefit from latest FDI policy changes
India has eased investment rules for countries sharing a land border, allowing up to 10% foreign ownership in firms via the automatic route. Approvals for specific sectors like electronics components will now be fast-tracked to 60 days, aiming to boost domestic manufacturing and attract capital.
ideaForge Tech Arm To Start Specialised Drone Flight-Test Training Programme For NATO Military In US
This is the first such initiative by an Indian UAV player.
Explained — How the US-Iran war in West Asia can impact the auto and EMS companies
Shares of Syrma SGS are down up to 8%, while those of Dixon Tech are at a multi-year low, falling below the ₹10,000 per share mark yet again with today's 3.5% fall.
Solar Defence announces Rs 12,800 crore investment in robotics, drone and deep tech projects
Solar Defence and Aerospace Limited will invest over Rs. 12,800 crore in manufacturing robots, drones, and missiles. The company plans to produce 10,000 drones and 1,000 robots annually. This investment will span the next three to four years. The facility will be India's first AI-Powered Industry 5.0 manufacturing ecosystem. Advanced AI-Powered UAVs, including MALE drones, will be a key focus.
The two defence stocks this portfolio manager likes
Conrad Saldanha, MD & Portfolio Manager of Neuberger Berman, says market uncertainty due to Middle East tensions has created selective long-term opportunities. He sees attractive valuations emerging in global IT services after a sharp correction, while tech fundamentals remain strong. In India, he is selectively adding large caps like Reliance Industries and Bharti Airtel and likes IT midcaps such as Coforge and Persistent Systems as well as defence play Data Patterns, on weakness. Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
China sets a lower economic growth target of 4.5% to 5% for 2026 as challenges loom
China targets 4.5% to 5% growth for 2023 amid property slump and global uncertainty. Premier Li Qiang announced the goal, focusing on structural adjustments and tech ambitions.
Iran Conflict: These stocks have significant exposure to the Middle East
From Larsen & Toubro to Welspun Corp and VA Tech Wabag, these stocks have significant exposure and projects being executed in the Middle East.