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Jain Irrigation Systems commissions industrial-scale biochar facility in Jalgaon, Maharashtra
Jain Irrigation Systems (JISL) has commissioned a ~20,000 tonne/annum high-tech industrial-scale biochar facility along with its partners in Jalgaon, Maharashtra, advancing climate-smart agriculture, circular manufacturing, and engineered carbon removal at commercial scale. JISL has worked with global experts in the field to design and implement this pioneering project.
IT Stocks Crash: TCS, Infosys and peers wipe out over ₹1.5 lakh crore of investor wealth
IT stocks have declined up to 9% on Wednesday, June 3, after witnessing a strong upmove over the two trade sessions. The Nifty IT index is down nearly 6%, with all 10 stocks trading with losses. Cumulatively, the stocks on the Nifty IT have wiped out over ₹1.5 lakh crore in investor wealth, with TCS contributing to more than half of that fall. Five out of the 10 Nifty IT constituents, TCS, LTM, Coforge, Persistent Systems and Tech Mahindra, are trading more than 5% down.
Tata Advanced Systems adds military upgrades to Jaguar Land Rover vehicles: N Chandrasekaran
In the realm of automotive innovation, Tata Advanced Systems is enhancing the Jaguar Land Rover lineup with futuristic features. On a parallel track, the company is establishing a contemporary defence MRO facility in the vicinity of Bengaluru that will cater to the heavy maintenance needs of transport aircraft. TASL is also highlighting its self-developed loitering munitions and protective armoured solutions.
Tata AutoComp, Jahwa Electronics forge JV to manufacture heaters for EVs
Tata AutoComp Systems has partnered with Korea's Jahwa Electronics. They will jointly manufacture advanced PTC heaters for electric and hybrid vehicles in India. This venture positions India as a key hub for Jahwa. It aims to supply both low-voltage and high-voltage PTC heaters. This move supports the growing investments in India's EV and hybrid vehicle markets.
Defence Boost: Govt Issues RFP To L&T-BEL, Tata, Bharat Forge-BEML For 5th Gen Stealth Fighter Jets
Bidders include L&T-Bharat Electronics Ltd., Tata Advanced Systems and Bharat Forge-BEML Ltd.
HDFC Bank 'strongly' rejects Rs 45 cr payment route wrongdoing
HDFC Bank has strongly denied media reports alleging wrongdoing. The bank stated its internal oversight, audit, and control systems are robust. This clarification follows a report about an internal investigation into Rs 45 crore payments. The payments were reportedly disguised as marketing expenses to a public sector undertaking. HDFC Bank maintains its commitment to transparency and strong governance.
Balu Forge Industries spikes 10% on aerospace order from US Alpha Aircraft
The buying on the counter came after Balu Forge has received its first commercial purchase order for the supply of precision-engineered components to Alpha Aircraft Systems Inc
Balu Forge surges after securing maiden contract from aerospace industry
Balu Forge Industries jumped 7.08% to Rs 499 after the company announced that it has received its first commercial purchase order for the supply of precision engineered components to US-based Alpha Aircraft Systems Inc.
Gainers & Losers: LIC, Max Healthcare among 7 big movers on Monday
Domestic equity markets extended gains for a third straight session. LIC, Vodafone Idea, Eicher Motors and Titagarh Rail Systems surged, while JSW Cement and Max Healthcare declined.
Persistent Systems and Kong announces strategic partnership to scale enterprise AI adoption
Persistent Systems and Kong, a leading developer of API and AI connectivity, today announced a strategic partnership to help enterprises implement the control layer required to scale AI securely and reliably. Persistent is uniquely positioned as Kong's global systems integration partner, combining its engineering-led approach with Kong's unified API and AI connectivity platform to simplify integration, strengthen governance and accelerate enterprise AI adoption.
Sandhar Technologies soars 11%, nears record high on strong Q4 results
Sandhar has a well-spread portfolio across die casting, sheet metal, vision systems and locking systems provides structurally diversified growth and revenue resilience, says ICICI Securities.
Bosch enters JV with Brakes India and Wheels India
To manufacture air systems for commercial vehicles