Details of the Transaction Under the agreement: AXISCADES will transfer its Engineering Services business catering to: Heavy Engineering Energy Automotive sectors to Akkodis. Deal Value Approximate consideration: $30.63 million Includes performance-based earnouts Payment structure: Cash payments over multiple years Expected Timeline Transaction closure expected by Q3 2027 Subject…
LPG Price Update – May 26, 2026 Oil marketing companies have updated LPG cylinder prices across major Indian cities for May 26, 2026. Domestic LPG cylinder rates remained unchanged across key regions, while commercial LPG prices continued to stay elevated amid global energy market fluctuations. Commercial LPG cylinders,…
Bullion Market Update – May 26, 2026 Bullion markets across India traded with mixed momentum during morning hours on May 26, 2026. Gold prices remained firm across major cities amid resilient domestic demand and stable global bullion trends, while silver prices witnessed declines due to profit booking and…
Narayana Hrudayalaya Share Price Movement NSE: NH opened sharply higher after the earnings announcement. Share price performance: Opening price: ₹1,930 Intraday high: ₹1,968 Around 10 AM: ₹1,925.70 Intraday gain: Nearly 6% The stock also emerged among the top gainers in the: Nifty Smallcap 100 Narayana Hrudayalaya Stock Performance…
NBCC India Q4 FY26 Financial Performance For the quarter ended March 31, 2026: Total Income ₹4,618.60 crore Down 1.7% YoY from ₹4,700.86 crore in Q4 FY25 Up 49.2% QoQ from ₹3,094.64 crore in Q3 FY26 Net Profit ₹253.51 crore Up 38.8% YoY from ₹182.67 crore Up 28.5% QoQ…
₹33,660 Crore Outlay for Industrial Expansion Union Commerce and Industry Minister Piyush Goyal stated that the BHAVYA scheme has a proposed outlay of approximately ₹33,660 crore. The industrial parks will be developed with participation from: State governments Union Territories Private sector entities The programme will function under the…
Strategic Green Methanol Partnership Announced The agreement was signed during the 3rd India–Nordic Summit held in Oslo. The proposed project will focus on producing approximately: 300 KTPA (kilo tonnes per annum) of green methanol Also referred to as eMethanol The initiative is expected to become an important step…
SEBI Begins Review of PMS Framework Securities and Exchange Board of India has started consultations with the Association of Portfolio Managers in India to review the existing Portfolio Management Services framework. According to SEBI whole-time member Amarjeet Singh, the regulator is working on a broader assessment of PMS…
Weak Listing on NSE SME Platform NFP Sampoorna Foods opened for trading at ₹54.50 per share, slightly below its IPO issue price of ₹55. Key listing highlights: Listing price: ₹54.50 IPO price: ₹55 Listing discount: ~0.91% Further fall during trade: ₹51.80 Intraday decline: ~5.82% from issue price Lower…
Strong Q4FY26 Earnings Performance Life Insurance Corporation of India reported a net profit of ₹23,420 crore for the March quarter of FY26. Key highlights: Net profit: ₹23,420 crore Growth: ~23% YoY increase Previous year profit: ₹19,013 crore The strong earnings performance places LIC at the top of the…
