Hindustan Construction Company (HCC) has secured a significant contract in the hydropower sector, bagging a ₹127 crore deal from Wangchhu Hydroelectric Power Limited (WHPL) in Bhutan. The contract is to be completed within nine months and adds to HCC’s longstanding footprint in Bhutan.
Wipro’s share price plummeted nearly 8% as the IT major’s shares turned ex-record date for its Rs 15,000 crore buyback, amidst harassment allegations and workplace discrimination claims.
Indian stock markets are set for a cautious start today, with investors closely watching the RBI Monetary Policy Committee decision and geopolitical developments that could impact crude oil prices and the rupee. Read more about the forecast and key market indicators.
Discover how the AI capex trade is driving a rally in data centre and industrial stocks in India, with smaller firms benefiting from trillions of dollars spent on AI capacity. Learn about the key drivers and companies involved.
Sebi has ordered a ban on Rajesh Exports chief, Rajesh Mehta, for allegedly inflating the company’s revenues over several years. The company’s stock price has taken a hit, with investors advised to closely monitor the situation.
India’s Neelkanth Mishra appointed as World Bank Executive Director, a significant move expected to impact global economic landscape, trade, and investment. Mishra brings wealth of experience from Axis Bank and Axis Capital.
Discover the key differences between flexi-cap and focused funds, including their investment approaches, risk profiles, and performance comparisons. Learn which one suits your investment goals and risk tolerance.
The US markets diverged sharply on Thursday with the Dow Jones surging over 800 points driven by a 15% plunge in Broadcom shares. The stock market is expected to remain uncertain with a bearish bias in the short term. A decisive move above 23,500 could trigger a rally towards 23,700.
HDFC Asset Management Company has imposed temporary restrictions on large lump-sum investments in its gold exchange traded fund and gold ETF Fund of Funds (FoF) from June 5, citing broader economic and market conditions. The move aims to manage the flow of large investments in these funds, which have seen significant growth in recent times.
Sebi bars Rajesh Mehta, promoter and CEO of Rajesh Exports, from dealing in the company’s securities due to alleged financial misrepresentation and fund diversion. The company’s stock has declined significantly, hitting the lower circuit limit on both the BSE and NSE.
