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Asian Energy Services wins EPC project of Rs 187.62 cr from Gujarat State Electricity Corporation
Asian Energy Services has secured a Rs 187.62 crore EPC contract (including GST) from Gujarat State Electricity Corporation (GSECL) for enhancement of a coal handling plant in Ukai Gujarat.
IIT Roorkee, IvyCap Ventures and NuQuant announce Rs 1,000 crore Super Endowment initiative to strengthen India’ s research, innovation and DeepTech ecosystem
IIT Roorkee, in partnership with IvyCap Ventures and NuQuant, has launched a Rs 1,000 crore Super Endowment Fund to fuel India's deep-tech innovation. This perpetual fund will support research, entrepreneurship, and technology translation across the IIT network, fostering global collaborations in strategic sectors. The initiative aims to create a self-sustaining ecosystem, empowering the next generation of innovators and entrepreneurs.
Quantum AMC's George Thomas on sectors to watch as crude prices ease
George Thomas, Fund Manager-Equity at Quantum AMC, which managed assets worth over ₹3,948.11 crore as of March 2026, believes lower crude prices could benefit oil marketing companies, gas utilities and businesses dependent on crude derivatives. However, he cautioned investors against relying on volatile earnings and advised focusing on normalised profit levels and valuations. Thomas said financials remain the fund's largest allocation, while IT stocks have become attractive from a valuation perspective despite near-term demand uncertainties.
Hormuz Not Your Personal Casino: Iran Hits Back At US After Trump's Threat
Tankers and cargo vessels are seen in the Gulf of Oman, along shipping routes linking the Strait of Hormuz and the Arabian Sea on June 16, 2026.
India, Taiwan ETFs see record outflows before Asia stock rebound
US-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite this, Asian equities rebounded sharply on hopes of easing geopolitical tensions. Analysts warn sentiment remains fragile, with India’s underperformance and Taiwan’s energy-linked risks still weighing on investor outlook.
Kirloskar Oil Engines Ltd leads gainers in 'A' group
Epack Durable Ltd, Kirloskar Pneumatic Company Ltd, Kirloskar Brothers Ltd and Laxmi Organic Industries Ltd are among the other gainers in the BSE's 'A' group today, 22 June 2026.
Reliance Industries Shares Rise 3% As Growth Roadmap, Jio IPO Plans Lift Sentiment
Reliance Industries shares rose as the conglomerate unveiled plans to double EBITDA over five years and moved ahead with Jio Platforms' proposed IPO.
Sensex soars 400+ points! IT, Oil stocks spark massive market rally - Northeast Herald
Sensex soars 400+ points! IT, Oil stocks spark massive market rallyNortheast Herald
Maruti Suzuki to set up advanced manufacturing labs at 5 ITIs in Gujarat
Maruti Suzuki India is establishing advanced manufacturing labs at five Industrial Training Institutes in Gujarat, partnering with the state's Directorate of Employment and Training. This initiative aims to equip students with modern equipment skills, bridging the gap between academic learning and industry needs. The move supports the company's manufacturing expansion plans in Gujarat, ensuring a skilled workforce for the evolving automotive sector.
U.S. stocks rebound as big tech fuels weekly gains; Fed signals possible year-end rate hike
Tech rally lifts S&P 500 and Nasdaq after midweek dip as oil steadies following U.S.-Iran deal; Fed warns hotter inflation could delay cuts and prompt at least one rate increase by December, easing bond yields.
Iran war triggers global race to build oil reserves
Vulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push for reserves could add half a billion barrels of demand. Countries like India and Pakistan are prioritizing stockpiles, learning from China's successful strategy of reducing imports during supply disruptions. This move aims to prevent severe economic distress and insulate economies from volatile energy markets.
RIL rises after Jio Platforms files draft papers for public issue
Reliance Industries rose 2.45% to Rs 1,341.60 after Jio Platforms filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for a public issue comprising a fresh issue of up to 27 crore equity shares.