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Cochin Shipyard OFS subscribed 3.52 times on Day 1; retail investors get to bid tomorrow
The government's Cochin Shipyard offer for sale drew robust institutional demand, with the non-retail portion subscribed 3.52 times, prompting the full green-shoe option. Retail bidding opens next, while the sale advances the government's disinvestment and public float expansion objectives.
Advait Energy Transitions wins turnkey contract of Rs 51.61 crore
Economic and trade cooperation remains a key pillar of India-Indonesia ties
India and Indonesia issued a joint statement on the State Visit by Prime Minister of India to Indonesia. Prime Minister Modi and President Prabowo held official bilateral talks on 7 July 2026 at Istana Merdeka, Jakarta. The official talks covered the full spectrum of bilateral relations, including political engagement, defence and security cooperation, maritime cooperation, trade and investment, digital economy, science and technology, space, critical minerals, energy, agriculture, health, pharma, education, culture, tourism, youth exchanges and people-to-people ties, in addition to regional and global developments of mutual interest. They also witnessed the exchange of a number of bilateral documents, aimed at further strengthening the India-Indonesia Comprehensive Strategic Partnership.
Cochin Shipyard OFS oversubscribed 3.52x; govt to exercise full green shoe option
Shares of Cochin Shipyard Ltd ended at ₹1,448.30, down by ₹56.45, or 3.75%, on the BSE.
Govt to tap full green shoe option on firm demand for Cochin Shipyard OFS
Cochin Shipyard's OFS received bids worth 3.52 times the shares on offer on Day 1, prompting the government to exercise the entire green shoe option
Advait Energy Transitions bags Rs 52-cr DGVCL turnkey contract
Advait Energy Transitions announced that it has secured a Rs 51.62 crore turnkey contract from Dakshin Gujarat Vij Company (DGVCL) under the Vanbandhu Kalyan Yojana-2 (VKY-2) scheme.
Tata Power targets ₹1 lakh crore revenue and ₹10,000 crore profit by 2030
Chairman N. Chandrasekaran said Tata Power is accelerating investments across renewable energy and power infrastructure as it targets ₹10,000 crore in annual profit and ₹1 lakh crore in revenue by 2030.
SEBI Closes RHI Magnesita Insider Trading Case After Finding Evidence Chain Incomplete
SEBI closed insider trading proceedings against Raj Kumar Agarwal in the RHI Magnesita case.
Advait Energy bags ₹52 crore power distribution contract from Dakshin Gujarat Vij
Shares of Advait Energy Transitions Ltd ended at ₹2,148.00, down by ₹34.80, or 1.59%, on the BSE.
AI See-Saw Haunts Wall Street: Nasdaq Futures Slump 1%; Micron, AMD, Intel Fall Up To 5%
Futures tied to the S&P 500 index were down 0.13% to 7,582 while Dow Jones Industrial Average bucked the trend and rose 0.3% to 53,492 during pre-market trade.
Top Gainers & Losers on 7 July: Trent, Kalyan Jewellers, Cochin Shipyard, Tejas Networks, BSE among top losers
The Indian stock market's bull run ended on July 7 as benchmark indices fell due to profit booking, particularly in auto and metal sectors, despite gains in IT stocks. The Nifty 50 settled 0.25% lower, while Sensex dropped 387 points, breaking their winning streak.
Zen Technologies' drone arm eyes ₹400 crore revenue as production ramps up
Vector Technics has expanded its factory to produce three lakh drone propulsion systems a year and expects rising demand from India's fast-growing drone industry to help it generate up to ₹400 crore in revenue.