Timken India Ltd on Monday said it has secured four Bureau of Indian Standards (BIS) licences for its bearing products, strengthening its manufacturing, quality and regulatory compliance capabilities across multiple product categories and production sites. The company received BIS licences for cylindrical roller bearing (CRB) roller production at its new Bharuch plant, CRB production at…
Nuvoco Vistas Corporation reported a 20% year-on-year (YoY) rise in consolidated net profit to ₹160 crore for the quarter ended June 30, 2026, despite EBITDA margin remaining flat at 18%, as resilient execution, supported by continued focus on cost discipline and operational efficiencies, drove performance. Revenue rose 9% YoY to ₹3,129 crore from ₹2,873 crore…
Welspun Enterprises Ltd.on Monday said its wholly owned subsidiary, Welspun Pune Shirur Projects Ltd. (WPSPL), has signed a sub-concession agreement with the Maharashtra State Infrastructure Development Corporation Ltd. (MSIDC) and the Government of Maharashtra for a ₹7,300 crore highway project in the state. The agreement, executed on July 13, 2026, follows the letter of award…
Water and sewerage infra player EMS Ltd on Monday (July 13) said it has received the lowest bidder (L1) status from UP Jal Nigam (Urban), Varanasi, for a sewerage project with an estimated order value of ₹105.82 crore (excluding GST). The project involves surveying, soil investigation, design, supply of materials, labour and other works on…
Navratna defence public sector undertaking Bharat Electronics Limited (BEL) on Monday (July 13) said it has received additional orders worth ₹572 crore since its previous disclosure on June 22, 2026. The orders include supplies of communication equipment, avionics, encryptors, tank subsystems, electronic voting machines (EVMs), batteries, components, upgrades, spares and services. Bharat Electronics informed the…
Viatris-owned Mylan is set to sell its entire 5.64% stake in biotechnology major Biocon Ltd through block deals, marking a complete exit from the company, according to sources. Last week, CNBC-TV18 had reported that Mylan is looking to sell part of its 5.64% stake in Biocon Ltd through a block deal. The floor price for…
Indian markets are set for a data-heavy session on July 14, with investors weighing escalating tensions in the Middle East after President Donald Trum…Read More 1/8 US Markets | The S&P 500 fell on Monday, with chipmakers following international peers sharply lower, as traders weighed the latest events in the West Asia and braced for…
Sarmeeli Mallick is a senior journalist with nearly a decade of experience in digital journalism. With a master’s degree in Journalism and Mass Communication from Utkal University, Bhubaneswar, she has a proven track record of impactful reporting, having filed over 19,000 news stories since beginning her career in May 2016. Her diverse background, rooted in…
From HCLTech reporting its Q1FY27 results to Emcure Pharmaceuticals acquiring the remaining 12.05% stake in its subsidiary Gennova Biopharmaceuticals …Read More (Photo Credit : HCLTech – X) 1/10 HCLTech | Company’s consolidated net profit rose 20.3% year-on-year to ₹4,624 crore, higher than the CNBC-TV18 poll estimate of ₹4,588 crore. Revenue from operations increased 14% to…
Foreign institutional investors (FIIs) turned net sellers in the Indian equity market on Monday, offloading shares worth ₹3,062.27 crore on a provisional basis, while domestic institutional investors (DIIs) remained net buyers with purchases worth ₹2,171.70 crore. The latest provisional data marks a reversal from Friday, when FIIs had returned as net buyers after a one-session…
