HBL Engineering Ltd said it has received a letter of acceptance from Chittaranjan Locomotive Works (CLW) for the supply, installation, testing and commissioning of on-board Kavach loco equipment. The contract value is ₹1,714 crore, excluding 18% GST, the company said. The order is to be executed within 12 months, according to the filing. HBL Engineering…
Cautious sentiment surrounding the fragile US-Iran ceasefire weighed on domestic equities, leading to a muted start for Wednesday’s trading session. Despite the subdued trade, the benchmark Nifty50 index continues to hold above the crucial 23,800 breakout zone on the daily chart. However, the recent rally has triggered profit booking over the last two sessions, limiting…
Farm and construction equipment firm Escorts Kubota Ltd on Thursday (May 28) announced the introduction of Kubota Neostar, an upgraded compact tractor range in the 21–30 HP segment, with a focus on the 21–27 HP category. The company said the series is engineered for higher productivity, improved operator comfort and smarter upgrade value, and is…
The floor price for the block deal has been set at ₹1,720 per share, representing a 3.6% discount to the current market price, as per sources. On Wednesday (May 27), shares of PB Fintech Ltd ended at ₹1,780.20, up by ₹9.20, or 0.51%, on the BSE. 1 Min Read A block deal has been launched…
AWL Agri Business Ltd, which sells cooking oils and other food items, on Thursday (May 28) said it has entered into a strategic arrangement with Shree Renuka Sugars Ltd to strengthen its food portfolio and expand its packaged foods business. Under the arrangement, Shree Renuka Sugars will license its flagship brand “Madhur” to AWL Agri…
Sensex Prediction for Friday, May 29: The stock market is expected to open Friday’s trade on a cautious yet stable note, with technical analysts predicting range-bound movement in the 30-share Sensex. After two consecutive sessions of losses and heightened volatility, the stock market is expected to open Friday’s trade on a cautious yet stable note,…
Drug firm Indoco Remedies Ltd on Thursday (May 28) said its Oral Solid Dosage manufacturing facility at Baddi, Himachal Pradesh, has received EU GMP certification from the German Health Authority (Berlin). The certification follows an inspection of the company’s Plant III facility conducted from April 22, 2026, to April 27, 2026. The company said the…
A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans’ finances. Inflation jumped to 3.8% in April compared with a year ago, the Commerce Department said Thursday (May 28), up from 3.5% in March and the highest…
More Americans sought unemployment benefits last week, but layoffs remain low despite economic uncertainty caused by the Iran war. The Labour Department reported on Thursday (May 28) that jobless claims were up to 215,000, up from 210,000 the week before. The four-week moving average of claims, which smooths out week-to-week volatility, rose by nearly 6,300…
Japan 40 year government bond auction sees strong demand as yields rise to 3.84%, despite Middle East tensions, oil price gains and attacks on Iranian ships 1 Min Read Despite investors’ concerns about inflation brought on by the Middle East crisis, demand for Japan’s 40-year government bond auction was greater than its 12-month average due…
