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Welspun to enter pipe segment with Sintex, eyes 5% market share in 7 years
The Goenka family-promoted group is now taking brand Sintex beyond its primary plastic water storage tank business to new areas such as pipes and water recycling
Indo-Pak situation, Q4 earnings likely to drive markets this week
Moreover, macroeconomic data announcements, Q4 earnings, trading activity of foreign investors and global market trends are also likely to influence sentiments, traders said
Aramco reports $26 bn profit in Q1, down 4.6% on lower oil prices
Aramco confirmed total dividends of $21.36 billion for the first quarter, $219 million of which was performance-linked dividends
Ionic Wealth plans expansion in tier-2,3 cities to target HNIs: CEO
This strategic focus reflects a broader trend among HNIs in emerging regions who are increasingly looking for more sophisticated financial solutions
OTPC, Assam Power Corp jointly developing 250 MW battery energy system
Under the project, power generated from solar power will be stored in the battery energy system and will be available for distribution through power substations
JSL keen on ₹40K cr investment in Maharashtra, looking for land parcel: MD
At present, Jindal Stainless has a capacity of 3 million tonnes per annum at its two plants in Hisar (Haryana) and Jajpur (Odisha)
FPIs continue to invest; inject Rs 14,167 crore in equities in May
This positive momentum follows a net investment of Rs 4,223 crore in April, marking the first inflow in three months, data with the depositories showed
8 top valued firms saw combined ₹1.60 trn erosion in valuation last week
Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel, ICICI Bank, State Bank of India, Bajaj Finance, and ITC faced erosion from their market valuation
India-UK FTA a positive step; car prices unlikely to change: BMW, Mercedes
Last week, India and the UK sealed a landmark FTA that will lower tariffs on 99 per cent of Indian exports
Two-wheeler sales to sustain growth momentum in FY26: TVS Motor CEO
Overall, two-wheeler registrations rose 8 per cent to 18,877,812 units in FY25 compared to 17,527,115 units in 2023-24
Government removes Solar Energy Corp chairman weeks before term ends
The former top bureaucrat at India's environment ministry was appointed SECI chairman in June 2023, and was scheduled to end his tenure as SECI chief next month
Triveni Turbine Q4 profit surges 60% to Rs 94 cr on higher income
The board of directors also recommended a final dividend Rs 2 per fully paid-up equity share of the face value of Re 1 each for 2024-25, subject to approval of the shareholders
Affle 3i Q4 results: Profit rise 18% rise to Rs 103 cr on higher revenue
Technology firm Affle 3i has reported a 17.8 per cent increase in consolidated net profit to Rs 103 crore in the March quarter.
NTPC Green Energy appoints Sarit Maheshwari as CEO, replacing Rajiv Gupta
According to the filing, the board of directors has approved the appointment of Sarit Maheshwari as Chief Executive Officer of the company with effect from May 10, 2025
IBC has shifted balance of power in favour of creditors, investors: IBBI ED
Insolvency and Bankruptcy Board of India Executive Director Jithesh John observed that there was a noticeable improvement in credit discipline with 30,310 cases settled prior to admission
Shakti Pumps Q4 results: Profit rises 23% to ₹110 cr on higher income
It had reported Rs 89.67 crore profit in the January-March period of the 2023-24 fiscal year, the company said in an exchange filing
Ukraine, allies offer 30-day ceasefire; EU says ball now in Russia's court
Ukraine and its allies have proposed a full, unconditional 30-day ceasefire with Russia starting Monday, as EU leaders urge Moscow to engage in peace talks and warn of further sanctions if violated
Adani Group deploys India's 1st hydrogen-powered truck for mining logistics
The truck comprises three tanks that can carry 40 tonnes of cargo for 200 kms of range, will be used to transport coal from Chhattisgarh's Gare Pelma III Block to the state's power plant
NxtCell ties up with Dixon's Padget to manufacture Alcatel phones in India
NxtCell partners with Dixon's Padget Electronics to locally manufacture Alcatel smartphones; $30 milllion committed for brand relaunch, annual capacity to produce 1.2 million units
Delhi airport operations normal amid evolving airspace conditions: DIAL
Enhanced security measures have been put in place at airports across the country as the military conflict between the two nations intensified