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The $1.8 bn (₹17,200 cr) order is positive for Welspun Corp as it substantially strengthens it’s multi-year revenue visibility, with execution spread across FY28-FY29, says ICICI Securities.
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ’s trading session summary
The company’s ₹825 crore IPO is a mix of fresh issue and offer for sale. The fresh issue component is made up of 0.79 crore equity shares, and the OFS is up to 620 crore shares
Bharti Airtel Share Price Live Updates: Bharti Airtel Shows Strong Technical Performance
The Index of Core Industries (ICI) recorded a year-on-year growth of 5.4 per cent in July 2026, according to provisional estimates released by the Ministry of Commerce and Industry. Growth was lower than the 6 per cent recorded in June. However, cumulative growth during April-July 2026 stood at 4.3 per cent, compared with 1.5 per…
This month, foreign investors have significantly channeled capital into Indian financial stocks, while also increasing their investments in automobiles and consumer services, marking a clear shift in sector preference. Notably, healthcare and IT sectors have drawn substantial foreign interest, in contrast to sizeable foreign sell-offs in telecom and capital goods. This trend highlights a noticeable…
S Somnath, former chairman of the Indian Space Research Organisation (Isro), was on Thursday appointed to the central board of the Reserve Bank. Somnath, who retired from Isro in January 2025, has been appointed as a part-time, non-official director on the central board for a period of four years with effect from August 20, 2026,…
Q1 FY27 earnings signal an improving corporate earnings cycle with NSE500 profit growth at 21%, outpacing expectations. However, recovery remains uneven and concentrated in Metals, BFSI, and IT. Sustainable long-term growth will require broader capex participation, enhanced R&D intensity, power and land reforms, and higher export competitiveness.
The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, signed Memoranda of Understanding (MoUs) with PhonePe and Shell India Pvt. Ltd. to strengthen support for DPIIT-recognised startups and promote innovation across key sectors of the economy. The partnerships are aimed at enhancing access to technology, digital infrastructure, mentorship, market…
Welspun Corp shares rallied as much as 9% after the company secured its largest-ever order worth $1.8 billion, or around Rs 17,200 crore, for pipe supplies from its US manufacturing facility. The order takes its global order book to a record $4.4 billion, or around Rs 42,100 crore, boosting multi-year revenue visibility and strengthening its…