Japan’s JFE Steel Corporation has completed its ₹15,750 crore investment in JSW JFE Kalinga Steel Ltd., acquiring a 50% stake in the joint venture after buying an additional 25% stake for ₹7,875 crore, JSW Steel said in an exchange filing on Tuesday, June 30. The latest acquisition, completed on June 30, 2026, marks the second…
Shares of Pidilite Industries Ltd. edged 0.42% higher to ₹1,606.30 on Tuesday, June 30. The stock has gained nearly 10% so far in 2026. Following a meeting with the company’s management, global brokerage firm Macquarie maintained its ‘Underperform’ rating on Pidilite Industries with a price target of ₹1,250 per share. The brokerage said that recent…
Ceigall India Ltd has emerged as the lowest (L1) bidder for a road strengthening project floated by the Public Works Department (PWD), Government of Delhi, with a bid value of ₹330.84 crore, including GST. The company said it emerged as the L1 bidder after the financial bid was opened on June 29, 2026. The estimated…
Transformers & Rectifiers India Ltd. on Tuesday said it has received an order from Power Grid Corporation of India Ltd. to manufacture and supply transformers of various capacities, along with related works. The company said the order falls under its “ultra-mega” category, which refers to contracts worth more than ₹1,000 crore, excluding GST. It did…
Private lender Kotak Mahindra Bank Ltd on Tuesday (June 30) said it has signed a business transfer agreement worth about ₹281.7 crore in cash to acquire Deutsche Bank AG’s retail banking, private banking and wealth management business in India on a slump sale basis. CNBC-TV18 had first reported that Kotak Mahindra Bank had emerged as…
Infrastructure, consultancy, and engineering firm RITES Ltd, on Tuesday (June 30), said it has secured a ₹175.41 crore project management consultancy (PMC) contract from Babasaheb Bhimrao Ambedkar University (BBAU) for infrastructure development works on its campus. The order covers planning, design and development of infrastructural facilities and other related works at the university on a…
Shares of Genus Power and Infrastructure Ltd. fell as much as 11% on Tuesday, June 30, after a block deal took place in the stock in the pre-open block window. Chiswick Investment Pte Ltd sold a total of 3.33 crore shares, representing approximately a 11% stake, in Genus Power Infrastructures Ltd, raising about ₹956 crore….
Cupid Ltd on Tuesday said it is on track to deliver revenue of more than ₹150 crore in the June quarter, one of the strongest quarterly performances in its history, prompting the company to raise its medium-term revenue outlook amid improving visibility across domestic and international markets. The company has revised its FY27 revenue guidance…
US markets were largely steady in intraday trade, with the Dow Jones Industrial Average moving little as oil prices held above $70 per barrel. However…Read More 1/9 US Markets | The Dow Jones Industrial Average was largely unchanged on Tuesday as oil prices held above $70 per barrel. The Dow Jones Industrial Average rose 53…
Pharma major Glenmark Pharmaceuticals Ltd on Tuesday (June 30) said the US Food and Drug Administration (US FDA) has issued six observations following a Good Manufacturing Practices (GMP) inspection of its manufacturing facility in Goa. The inspection was conducted between June 22 and June 30, 2026. At the conclusion of the inspection, the company received…
