Bai Kakaji Polymers is set to debut on the BSE SME platform on December 31. The company’s Rs 105 crore IPO saw steady demand, with a 2% grey market premium indicating cautious investor sentiment. The funds raised will primarily be used to repay borrowings and for capacity expansion.Read More
Apollo Techno Industries is set to list on the BSE SME platform with a modest grey market premium, following a highly subscribed Rs 48 crore IPO. The company, a player in trenchless technology for infrastructure, saw strong demand from all investor categories.Read More
The oil market took a sharp turn in 2025 as prices dropped significantly, ushering in a new era of reduced costs. Factors like geopolitical upheaval and surging output from OPEC+ played key roles in this downturn. After a brief surge fueled by sanctions and unrest, the overall trend demonstrated a shift.Read More
The U.S. dollar is set for its largest yearly fall since 2017. Concerns over interest rate cuts and trade policies are impacting currency markets. The euro and sterling have seen significant gains. The Japanese yen is an outlier, remaining flat. Analysts expect the dollar’s weakness to continue into 2026.Read More
IndiGo Airlines is under scrutiny following substantial tax demand orders from the Goods and Services Tax department. The airline has received a penalty of Rs 458.26 crore for financial years 2018-19 to 2022-23. IndiGo believes these orders are incorrect and plans to contest them legally. A separate order for Rs 14.59 lakh was also received...Read More
Bharat Forge Limited has secured its largest small arms contract. The Ministry of Defence awarded the company a deal worth Rs 1,661.9 crore. This contract is for supplying 255,128 Close Quarter Battle Carbines to the Indian Army. The carbines are indigenously designed and developed. Execution of this significant contract is expected to begin within five...Read More
Premier Energies secured new orders worth Rs 2,307.30 crore for execution in FY27-FY28, bolstering its medium-term revenue visibility. These orders from leading domestic IPPs and customers reflect confidence in the company’s product quality and execution capabilities. The new contracts align with Premier Energies’ ongoing capacity expansion plans, reinforcing its position in India’s solar manufacturing ecosystem.Read More
Power Grid Corporation of India has won a 2,000 MWh battery energy storage project in Andhra Pradesh under tariff-based competitive bidding. The BOO project, backed by viability gap funding, strengthens grid flexibility. Shares ended flat despite recent underperformance across timeframes. The company received the award letter on December twenty-nine officially.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.