Summary: Oriental Foundry Pvt. Ltd., a wholly-owned subsidiary of Oriental Rail Infrastructure Limited (ORIL), has won a new railway order worth ₹3.16 crore from Northern Railways. The contract involves the manufacture and supply of 1,416 upgraded high-tensile centre buffer couplers, critical components for connecting freight wagons. This order…
Summary: The Securities and Exchange Board of India (SEBI) has taken decisive action against eight entities involved in insider trading in Indian Energy Exchange (IEX) shares, impounding illegal gains totaling ₹173.14 crore. The regulator’s investigation revealed that the trades were based on unpublished price-sensitive information (UPSI) related to…
Summary: KEI Industries Ltd reported its Q2 FY26 results with net profit rising 31.3% YoY to ₹204 crore, supported by strong revenue growth. However, the company missed analysts’ estimates on revenue and EBITDA margins, leading to a share price decline of up to 8%. Healthy demand in the…
Summary: Oberoi Realty Ltd reported a 29% year-on-year increase in consolidated net profit to ₹760 crore for Q2 FY26, supported by robust sales across residential and commercial segments. The company also announced a second interim dividend of ₹2 per share, highlighting strong shareholder returns amid rising input costs…
Summary: L&T Finance Limited (LTF) reported a robust Q2 FY26 performance, with profit after tax (PAT) rising 6% year-on-year to ₹735 crore. The company’s retail loan portfolio surpassed the ₹1 lakh crore milestone, supported by strong disbursements across personal loans, housing finance, and rural lending. Stable asset quality,…
Summary: Waaree Renewable Technologies (WRTL), the EPC arm of Waaree Group, plans to diversify its clean energy portfolio by venturing into battery energy storage systems (BESS) and data centres, while continuing robust growth in its solar power projects. With a strong order book and ambitious Independent Power Producer…
Summary: Bharti Airtel has entered a strategic partnership with IBM to enhance its Airtel Cloud platform with advanced AI and hybrid cloud capabilities. The collaboration aims to help Indian enterprises, especially in regulated sectors, scale AI workloads more efficiently while ensuring high security, data sovereignty, and operational resilience.…
Summary: India’s merchandise and services exports grew by over 4% in the first half of FY2025-26, reaching $413.3 billion, even as global trade faced supply chain disruptions and market volatility. Strong performance across key markets, led by the US, UAE, China, and Germany, helped India narrow its trade…
Summary: India’s exports to the United States grew 13.3% to $45.82 billion in the first half of FY2025-26, despite 50% tariffs imposed on certain imports. The Indian government signals willingness to increase energy imports, including crude oil and natural gas, from the US. Bilateral trade discussions continue amid…
Reserve Bank of India (RBI) Governor Sanjay Malhotra has reaffirmed the central bank’s strong stance in favour of promoting a Central Bank Digital Currency (CBDC) over privately issued cryptocurrencies, citing the latter’s potential risks to India’s monetary policy, capital controls, and financial system stability. Malhotra, addressing an audience…