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BHEL secures ₹2,500-crore Nigeria order for gas turbine generator packages
The total value is in the range of ₹2,000-2,500 crore. The contract covers design, manufacturing, supply up to Mumbai Port, supervision of building and commissioning, and performance guarantee testing of eight gas turbine generator packages. The scope excludes civil work. Shares of Bharat Heavy Electricals Ltd ended at ₹406.10, down by ₹4.85, or 1.18%, on the BSE today, June 3.
Capacite Infraprojects secures LoI from Ten X Realty for Rs 589 crore project
Capacite Infraprojects said that it has received letter of intent (LOI) from Ten X Realty East, a subsidiary of Raymond Realty, for a total contract value of Rs 589 crore.
John Cockerill India jumps after bagging Rs 1,250-1,300 crore JSW contract
John Cockerill India surged 6.99% to Rs 8,124.50 after the company announced a major order from JSW Vijayanagar Metallics with an aggregate contract value of approximately Rs 1,250 crore to Rs 1,300 crore.
John Cockerill India, subsidiary win order worth up to 1,300 cr from JSW Vijayanagar
The aggregate contract value is estimated at ₹1,250-1,300 crore. Shares of John Cockerill India Ltd ended at ₹7,594.40, up by ₹37.50, or 0.50%, on the BSE today, June 2.
UAE Real Estate Crisis: Abu Dhabi Announces Rent Freeze For All Commercial, Residential Tenants
New tenancy contracts on previous rented units will be offered at the same value as the contract prior.
GMDC to develop India’s first AI-powered rare earth supply chain observatory with £600,000 investment
Gujarat Mineral Development Corporation Ltd is partnering with the University of Cambridge to create India's first AI-powered rare earth supply chain observatory. This initiative will track the entire rare earth elements value chain in real time. It aims to enhance India's position in rare earth supply chain resilience. The project will provide crucial intelligence for policy and strategic decisions.
KRN Heat Exchangers raises ₹350 crore at nearly 5x its IPO price; ADIA among investors
On completion of the allotment of shares, the total paid-up equity capital of KRN Heat will increase from ₹62.15 crore, comprising of 6.21 crore equity shares, to ₹65.45 crore, consisting of 6.54 crore equity shares. Each share carries a face value of ₹10 each.
Zee secures FIFA World Cup broadcasting rights
Zee Entertainment Enterprises has acquired media rights for the FIFA World Cup 2026 and 2030 in India. This move signals Zee's re-entry into sports broadcasting with its upcoming Unite8 Sports channels. The deal concludes extensive negotiations after previous talks with JioStar faltered. Industry sources estimate the value to be over $40 million.
Suraj Estate acquires development rights for Mahim land parcel, eyes Rs 800 cr GDV
Suraj Estate Developers is set to acquire development rights for a 0.72-acre land parcel in Mahim (West), Mumbai, for Rs 75 crore. This strategic acquisition is expected to boost the company's commercial footprint in South Central Mumbai, adding approximately 1.50 lakh sq ft of saleable area with an estimated gross development value of Rs 800 crore.
Zee Entertainment shares surge 20% in 5 days. What's behind the rally?
Zee Entertainment shares rallied 20% over the past five trading sessions, hitting a nearly six-month high and adding more than Rs 1,660 crore to the company's market value. The surge has been driven by expectations that Zee could secure the India media rights for the 2026 FIFA World Cup.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades lower; Jefferies cuts IndiGo target
Sensex Today | Stock Market LIVE Updates: There is still no definitive outcome of the US-Iran negotiations and that remains a key talking point. Oil prices are rebounding this morning as well. A break below the 23,500 mark could open up further downside for the Nifty towards the May series low of 23,262.
Development Bank of Japan makes maiden realty investment in India with HDFC Capital
Development Bank of Japan has invested in HDFC Capital's H-DREAM Fund, marking its first real estate venture in India. The fund focuses on affordable housing and has raised over $350 million towards a $500 million target. The development shows growing Japanese interest in India's real estate.