Shares of Adani Group companies extended their rally on Wednesday, with several stocks hitting fresh 52-week highs, helping Adani Power overtake Infosys in market capitalisation rankings amid strong momentum in power and infrastructure counters. Adani Power climbed to the 11th spot among the most-valued BSE-listed companies with a market capitalisation of ₹4.77 lakh crore, surpassing…
Food delivery and quick commerce firm Swiggy Ltd on Wednesday (May 27) said its proposed amendments to the articles of association failed to secure the required shareholder approval after the special resolution received 72.36% votes in favour, falling short of the 75% threshold by 2.64%. “The special resolution for the Proposed Amendments received an overall…
Tata Elxsi has launched AnaTel, an AI-native software development platform for healthcare and medical technology companies, co-developed with OpenAna. The platform was unveiled at DeviceTalks Boston 2026 and is designed to support software development workflows in regulated medical device environments. According to the company, AnaTel integrates autonomous AI agents across the software delivery lifecycle, including…
Cigarette and tobacco product makers, Godfrey Phillips India Ltd, on Wednesday (May 27), said it has signed a contract manufacturing agreement with Polisetty Somasundaram Tobacco Products (India) Private for the manufacturing and delivery of cigarettes and other tobacco products. Under the agreement, Polisetty Somasundaram Tobacco Products will manufacture products exclusively for Godfrey Phillips at its…
Cummins India Dividend 2026: Cummins India Ltd today announced its earnings for the fourth quarter of the financial year 2025-26. The company also declared a 2,300 per cent dividend for its shareholders. Board of Cummins India approved a final dividend of Rs 46 for the financial year 2025-26. This is in addition to the interim…
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…
IDFC First Bank on Wednesday said it has received ₹514.82 crore towards claims related to its microfinance portfolio under the Credit Guarantee Fund for Micro Units (CGFMU) scheme. The bank said the payout pertains to eligible microfinance loans sanctioned up to March 2025 and represents nearly 100% of the claim amount submitted under the scheme….
The global AI boom is reshaping equity market rankings, with Taiwan overtaking India to become the world’s fifth-largest market and South Korea rapidly closing the gap. Investors are rewarding countries with strong exposure to semiconductor and AI supply chains, led by giants like Taiwan Semiconductor Manufacturing (TSMC) and SK Hynix. India, despite strong economic growth…
Shares of Jaiprakash Power Ventures Ltd on Wednesday, May 27, rallied around 20 per cent to hit the upper circuit of Rs 22.96 after the company informed about its Rs 2,993.5 crore acquisition deal with billionaire Gautam Adani-led Adani Power Ltd. Today, shares of JP Power opened at Rs 246.80, hitting an upper price band…
Shares of Cummins India Ltd. gained as much as 10% on Wednesday, May 27, in response to its March quarter results, that were better than what the street had anticipated. Net profit for the quarter grew by 25% from last year to ₹650 crore. The figure was higher than the CNBC-TV18 poll of ₹545.2 crore….
