Market News
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Adani Ports emerges top contender for Karanja Terminal takeover
Adani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port operator has offered full repayment to financial creditors for their outstanding dues. This development follows Prudent ARC's acquisition of nearly all of Karanja's debt, signaling a significant shift in the company's future.
Bajaj Auto to push premium motorcycles, turbocharge Chetak in FY27: Chairman
Bajaj Auto is set to bolster its 125cc+ motorcycle range and accelerate the electric Chetak's growth in FY27. The company plans to boost exports amid global market recovery, while also addressing logistics challenges. Strategic investments will focus on product innovation, brand building, and enhancing customer experience, alongside expanding capacity for electric and premium bikes to mitigate supply risks.
Jupiter Wagons wins ₹264 crore orders as rail freight push gathers pace
The rail wagon maker secured fresh orders from JSW South Rail Logistics and Central Warehousing Corporation, benefiting from growing demand for rail-based cargo movement and logistics infrastructure.
Jupiter Wagons secures orders worth Rs 264 crore from JSW Rail Logistics, CWC
Jupiter Wagons has secured two major orders with a combined value of approximately Rs 264.32 crore from JSW (South) Rail Logistics Private Limited and Central Warehousing Corporation (CWC).
Alpha Wave sells entire 1.9% stake in Delhivery; stock falls over 2%
Global investment firm Alpha Wave Global has divested its entire 1.93% stake in logistics giant Delhivery for Rs 665 crore. This significant exit saw the firm offload over 1.44 crore shares. In related news, venture capital firm Nexus Venture Partners also sold a substantial stake in Delhivery, while Mirae Asset Venture Investments reduced its holding in logistics firm Shadowfax Technologies.
Relaxo Footwears Ltd leads gainers in 'A' group
Motherson Sumi Wiring India Ltd, Aegis Logistics Ltd, HFCL Ltd and Max Healthcare Institute Ltd are among the other gainers in the BSE's 'A' group today, 25 June 2026.
Delhivery share sale: Logistics stock falls over 2% after Alpha Wave Ventures sells entire 1.93% stake
Alpha Wave Ventures LP sold its entire 1.93% stake in Delhivery in two tranches on June 24. The Delhivery stake sale by Alpha Wave Ventures LP comes a few days after venture capital firm Nexus Venture Partners offloaded its 1.97% stake in Delhivery.
Buyback alert! This security solutions stock rallied 12% on buyback update. Do you own?
Security solutions provider SIS saw its shares surge over 12% on Wednesday, reaching a 52-week high. This rally follows the announcement that the board will meet on June 29 to consider a share buyback proposal. The company, which offers security, facility management, and cash logistics, reported strong financial growth in FY26, with revenue up over 21% and operating profit by 24%
Centre brings together states, industry for $100 billion textile exports goal
India aims to double its textile and apparel exports to $100 billion by 2030, with a nationwide exercise and summit focusing on strategies for key hubs. Discussions centered on technical textiles, man-made fibers, and improving logistics. The initiative emphasizes district-led growth and value addition to bolster the nation's global textile trade presence.
Adani Group to invest Rs 90,000-Rs 1 lakh crore across airports in next 5 years as Mundra commercial operations take off
Adani Group plans a massive Rs 90,000-1 lakh crore investment in its airports over five years, Jeet Adani revealed. The group will aggressively bid for 11 new airports as the government opens private bidding. This expansion aims to significantly boost India's aviation economy. The launch of commercial flights from Mundra airport, connecting to Mumbai and Goa, marks a key step in transforming the region into a logistics hub.
Adani Mundra Airport launches first scheduled flight services
Adani Mundra Airport has launched its first scheduled flight service with Star Air, connecting Mundra to Mumbai and Goa. This expansion includes eight new routes, significantly boosting connectivity for businesses, trade, and tourism in the Kutch region. The airport's new operations are a key step in developing Kutch into a comprehensive logistics and business hub, adding another vital transport option for commercial activities.
JSW Infrastructure launches Rs 7,500 crore QIP, to fund capex, repay debt
JSW Infrastructure has launched a Rs 7,503 crore QIP to fund expansion projects, reduce debt and pursue strategic acquisitions. The institutional share sale, priced at a discount to the market price, is expected to strengthen the company's balance sheet and support the next phase of growth in ports and logistics.