View on market: Volatility persists, eagerly searching for growth: Globally, cues remained limited as Asian, US, and European cash markets were closed for the New Year holiday. In early indications, US futures were trading higher, while European futures pointed to a weaker opening. Indian equity markets ended the…
Bharat Forge: Secured a ₹1,662 crore defence contract from the Ministry of Defence to supply 2.6 lakh indigenously developed CQB carbines to the Indian Army. Dynacons Systems & Solutions: Bagged orders worth ₹249 crore from the RBI for implementation and maintenance of enterprise application platform software. Power Grid…
View on market: Volatility persists, eagerly searching for growth: Global markets showed mixed signals as trading began. US equity futures moved slightly lower, while European futures showed strong gains. Asian markets were divided in early trade. Japan and South Korea traded higher, supported by selective buying, while China…
Bharat Electronics: Secured additional orders worth ₹569 crore, including radars, communication equipment, tank overhaul systems, simulators, security software, upgrades, spares, and services. RVNL: Emerged as the lowest bidder for a ₹201 crore project awarded by East Coast Railway. Timex Group: Promoter to exercise oversubscription option of up…
View on market: Volatility persists, eagerly searching for growth: Global markets showed mixed signals. Futures in the United States pointed slightly lower, while European futures traded higher. Asian markets paused after a strong recent rally, following weakness in technology shares on Wall Street. The broader Asia Pacific equity…
Coforge: Signed a definitive agreement to acquire Encora US Holdco and Encora Holdings via a share-swap deal with no cash outflow. The acquisition, valued at ₹17,032 crore, will be funded through the issuance of ~9.38 crore equity shares at ₹1,815.91 per share (8% premium to last close). NACL…
View on market: Volatility persists, eagerly searching for growth: Global markets showed a mixed but calm mood. Futures in the United States edged slightly lower, while European futures moved higher. Asian stock markets traded with small gains as investors stayed cautious but positive. United States stock futures were…
View on market: Volatility persists, eagerly searching for growth: Global markets showed a mixed tone during Asian trading hours. US index futures were slightly higher, while European futures edged marginally lower, reflecting a cautious mood among investors. Asian equities recorded modest gains in thin trading, supported mainly by…
Indian Railways is set to achieve a key milestone in its rail modernisation programme with the development of its first dedicated high-speed test track, scheduled for completion by March 2026. The project is being executed by the Research, Designs and Standards Organisation (RDSO) under the North Western Railway…
The Government of India has intensified efforts to strengthen the country’s industrial ecosystem by expanding and upgrading industrial parks to improve scale, competitiveness and infrastructure quality. These initiatives are aimed at supporting manufacturing growth, attracting investment and boosting employment across regions. Expanding Industrial Land Bank According to the…
