DEE Development Engineers’ subsidiary secured an order for windmill towers deliverable within 24 months, boosting its renewable energy order book.
Month: June 2026
Craftsman Automation Promoter Set to Sell 2.01% Stake via Block Deal at Rs 925 Per Share
The automotive components company’s promoter Srinivasan Ravi is offloading stake worth approximately Rs 484 crore in a block deal.
Birla Corporation’s Bikram Coal Mine Commences Commercial Production
The cement major’s coal mine in Madhya Pradesh began commercial operations from June 22, boosting its raw material security.
BEL, Vodafone Idea, Hind Zinc, JSW Infra Stocks in Focus on June 23
Defence electronics, telecom and infrastructure stocks are in the spotlight as the Indian market opens under heavy selling pressure from global cues.
Sensex Drops 893 Points as IT and Metal Stocks Lead Indian Market Decline
Indian equity benchmarks closed sharply lower Tuesday dragged by IT, metal and PSU banking stocks amid weak global cues from Asia.
Strait of Hormuz Reopening Expected to Ease Global Shipping Bottleneck
The IMO’s evacuation plan for stranded vessels signals a path forward for global oil tanker traffic after months of Iranian-enforced blockade.
IBM Surges 5% Pre-Market on JPMorgan Overweight Upgrade Citing AI Software Acceleration
JPMorgan upgraded IBM to overweight, citing greater confidence in second-half software momentum and IBM’s positioning as AI infrastructure beneficiary.
Germany Sticks to Drug Price Cuts Despite US Pharmaceutical Probe
Berlin is maintaining its plan to reduce prescription drug costs even as the Trump administration investigates European pharmaceutical pricing practices.
China’s Independent Oil Refiners Slash Processing Runs to Nine-Year Low
Smaller Chinese refiners are cutting output dramatically amid compressed margins and lower crude demand, signalling stress in Asia’s oil market.
SoftBank Seeks Stake in Japan’s Top Utility to Power Its AI Boom
Masayoshi Son’s SoftBank is targeting a strategic utility investment to secure reliable electricity for its growing AI infrastructure ambitions.