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Nikita Bier has stepped down from his product head role at X after one year. He will continue to serve the company as an advisor while taking a break. Bier highlighted significant growth and the launch of nearly thirty new products during his tenure. He thanked Elon Musk and the dedicated X team for their…
The government raised Rs 31,552 crore through LIC’s record Offer for Sale (OFS), selling a 6.5% stake after exercising the greenshoe option. The issue was oversubscribed, driven by strong retail and institutional demand. The stake sale helped LIC achieve the 10% public shareholding norm ahead of Sebi’s May 2027 deadline, while shares declined over 1%…
In a remarkable display of endurance, Bartlomiej Kubkowski swam an astonishing 160 kilometers continuously across the Baltic Sea, achieving this incredible milestone in 55 hours and 10 minutes. After four previous attempts without success, his persistence finally bore fruit, helping to raise nearly $190,000 for children battling cancer. This achievement signifies a noteworthy moment in…
Ace investor Madhusudan Kela’s family reduced its stake in Rashi Peripherals during the June quarter after the stock surged nearly 200% over the past year. The multibagger has rallied sharply since its 2025 lows, even as the company posted strong Q1 FY27 earnings with robust revenue and profit growth.
Swan Defence and Heavy Industries shares gained nearly 3% after securing an order from Denmark-based Svitzer A/S to build four advanced TRAnsverse 3200 tugs. The vessels will be constructed at SDHI’s Pipavav yard in Gujarat, with deliveries scheduled from early 2028. The contract follows a global shipyard evaluation and strengthens the company’s export order pipeline.
Sterlite Technologies shares saw an upswing on Thursday after the company secured a Rs 1,760 crore international order for high-density optical fibre cables. The three-year contract strengthens its global order book, enhances revenue visibility, and comes amid rising worldwide investments in telecom networks, fibre connectivity, AI infrastructure and digital infrastructure expansion.
HAL shares surged over 6% after the company’s annual report highlighted a robust order book of Rs 2.55 lakh crore for FY26, offering 7-8 years of revenue visibility. The defence major expects growth to accelerate through supply chain stabilisation, capacity expansion, infrastructure investments, and faster production ramp-up of key platforms, supporting its long-term growth outlook.
Sepc shares opened at ₹6.55 apiece today, as compared to the previous close of ₹6.32 on Wednesday
Input costs now account for a bigger share of expenditure and sales than during the FY23 commodity spike, squeezing margins to three-year lows even as stronger balance sheets and lower energy dependence cushion the blow.
Hindu marriage can’t be broken merely because husband lost interest in marriage, rules Karnataka High Court and says ‘The marriage under the Hindu Law is a sacrament and it is not a contract’. Know what the high court said about Hindu law regarding marriage.