Gensol Engineering Limited, a company specializing in solar power engineering, procurement, and construction (EPC) services, on Monday announced that it has secured a significant EPC contract from renowned Public Sector Undertaking for development of 275MW Solar PV Project at RE Solar Park, Khavda Rann of Kutch, Gujarat. In a regulatory filing, the company said that
The markets are under pressure. The Nifty 50 slumped 1.6%, or over 400 points, to as much as 23,601.50. While the BSE Sensex plummeted more than 1,200 points, or 1.6%, to as low as 77,959.95. The broader markets are down over 2% with the Nifty Midcap Index hovering around 56,750. Here are 4 reasons why the
Oil prices reached their highest levels since October on Monday as investors are focused on global fuel demand, Beijing economic stimulus and cold weather conditions in the Northern Hemisphere. As per latest report, Brent crude was up by 15 cents to $76.66 a barrel and US West Texas Intermediate crude climbed 22 cents at $74.18
The IPO market in India has kicked off with full fledge this year, with plenty to look forward to keeping investors with an action-packed week ahead. From mainboard IPOs to small and medium enterprises (SMEs) making their debut, this week alone, 7 IPOs are set to open for subscription, while several others gear up for
Padma Shri Jitender Singh Shunty on Thursday joined the Aam Aadmi Party (AAP) in the presence of Arvind Kejriwal in Delhi. Shunty, who was elected as an MLA from Shahdara from Bhartiya Janta Party in 2013, is the founder of NGO Shaheed Bhagat Singh Seva Dal. His NGO helps to cremate unclaimed bodies. Joining the
While the consumer durable and electronics industry posted a double digit growth in 2024, it is poised for remarkable growth in 2025, driven by adoption of premium, value added, feature-led products and will be fueled by policies like the Production-Linked Incentive (PLI) scheme on the supply side. Per industry leaders, the segment has long been
Domino’s India operator Jubilant Foodworks on Monday announced the company business update for the quarter ended December 2024 with a growth of 56.2 per cent on-year growth in consolidated revenue from operations at Rs 2153.20 crore. This also includes the acquisition of DP Eurasia, the exclusive master franchisee of the Domino’s Pizza brand in Turkey
The GMP price of an IPO always gets investors talking before the issue opens. It is the same story with the Quadrant Future Tek IPO, which has already created a buzz in the market even before it officially opens. A mainboard issue, Quadrant Future Tek IPO is set to open for its three days of
Quarterly transactions in the office market reached a historic high of 28.2 million square feet in the January-March period, shows a Knight Frank report. Global capability centres (GCCs) were the largest consumers of office space during the period, accounting for 44% of the total transaction volume. A resurgence in demand from the third-party IT services
The reciprocal tariff of 27% will jack up customs duties faced by Indian exporters of studded and gold jewellery in the US to 32-34%, including 5.5-7% extant tariffs. Diamond products which currently do not have any tariffs, will cost US importers a 27% import duty. Sabyasachi Ray, Executive Director of the Gems & Jewellery Export
Corporate India is gearing up for a challenging trade environment in the wake of the 27% reciprocal tariffs imposed by the US on Thursday. While the Trump administration has described the move as its moment of liberation, India Inc leaders feel there are some pain as well as some gain. From India’s perspective, key sectors
Dusit International, a leading Thai hotel and property development company, on Thursday announced plans to expand its presence in India by launching its luxury and upper-midscale brands in key emerging markets. The strategic expansion plan builds on the momentum of Dusit’s recent foray into the Indian market with the soft-opening of the contemporary and upscale
The quarterly updates of fast-moving consumer goods (FMCG) companies, which has been released so far for the January-March 2025 period (Q4FY25), present a mixed picture of the sector at a time when urban demand has remained weak. Rural demand, in contrast, has been resilient and is expected to improve in the coming months. While Marico
