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Cohance Q4 Profit Slumps 72%, ICICI Securities Downgrades to Reduce'
While Cohance continues to have a strong near-term pipeline of four late-stage phase3 projects, commercialisation timelines for these remain uncertain.
Schaeffler India opens computational research infrastructure at FSID, IISC
Schaeffler India has announced the opening of a computational research infrastructure at the Foundation for Science Innovation and Development (FSID), Bengaluru. Part of Schaeffler India's purposeful engagement with IISC, premium research academia, this supported facility strengthens research capabilities by enabling HPC (High- Performance Computing) large-scale simulations, data-intensive modelling and advanced analytics across materials, energy systems, and sustainable mobility. Additionally, these improvements will foster stronger industry collaborations, improved research quality and efficiency, and increased relevance of research in industry projects.
Blackstone-backed Ventive doubles down on luxury hospitality with ₹2,000 cr push
With a ₹2,000 crore expansion, Ventive Hospitality aims to capitalize on luxury travel demand. The firm operates 13 assets and plans to grow by focusing on large luxury projects and acquisitions in key markets like Goa, Sri Lanka and the Maldives.
Power, renewable energy ministries to discuss green power curbs and grid penalties
Renewable energy and power ministries will convene Wednesday to address industry concerns regarding the deviation settlement mechanism and curtailment of green power. Stricter grid compliance rules have raised viability issues for renewable energy projects, prompting ongoing discussions and government examination of these critical matters.
Tata Power in talks with three states for its nuclear power project plan
Tata Power is taking significant strides in its pursuit of nuclear energy. Currently, negotiations are underway with three states regarding its upcoming projects. Anticipation builds as a comprehensive project report is slated for release within the next six months. Additionally, Tata Power is teaming up with NPCIL to bring these nuclear initiatives to fruition.
Stocks to Watch for May 13: Dixon, Neuland, Torrent Power, Tata Power, Bharti Airtel and more
Tata Power, Torrent Power and Dr. Reddy's report weaker Q4, Berger Paints, Neuland Laboratories, MTAR Technologies and Kalpataru Projects post strong gains, Vodafone Idea plans fundraise. Here are few stocks to keep an eye on ahead of Wednesday's trading session.
Kalpataru FY26 pre-sales up 17% to Rs 5,280 cr; Q4 net profit at Rs 194 cr
Kalpataru delivered its strongest operational performance with record pre-sales, collections, and profit growth driven by strong demand across Mumbai projects. Improved sale realisations, robust project completions, and debt reduction strengthened the developer’s financial position despite accounting-related revenue recognition timing differences.
Magnus Steel and Infra listed among approved suppliers for Tata Motors projects
Magnus Steel and Infra has secured a significant role as an approved steel supplier for Tata Motors' upcoming manufacturing facilities in Gujarat and Maharashtra. The company has already begun supplying materials through RIECO Industries Ltd. Future orders are anticipated, with an estimated engagement size of Rs 32.50 crore.
JSW Energy shares tumble 7% as Street cites debt concerns, expensive valuations
JM Financial has downgraded JSW Energy to 'Add' from 'Buy'. The brokerage said it remains confident about the company achieving its target of 30 GW capacity by 2030, but flagged concerns around elevated debt following multiple acquisitions and investments into capital-intensive projects.
West Asia war pushes half of Dubai's 2026 property handovers to 2027
The ongoing West Asia conflict is impacting property project completions in the UAE. Developers face delays of six to nine months. Construction costs have risen significantly. Many projects scheduled for 2026 handovers will now be pushed to 2027 or later. This situation affects the UAE's booming real estate sector.
Did Netflix Confirm Money Heist Season 6? Major Hint Dropped Ahead Of Berlin Season 2 Release
The original series, Money Heist, concluded in 2021 with 5 seasons, delivering a satisfying finale. However, a recent teaser has fuelled speculation globally about new projects, including possibilities of a direct Money Heist Season 6.
Millenia WB Yield Fund commits Rs 41 crore for villa project in Hyderabad
WhiteBoard Advisory and Management, along with Casagrand, have secured SEBI approval for a Rs 500 crore fund. This capital will fuel growth for residential projects, with initial focus on Chennai, Bangalore, and Hyderabad. The fund aims to deliver yield-based returns to investors. Casagrand, a leading developer, is also pursuing an IPO.