Ultratech Cement, India’s largest cement manufacturer, announces an increase in its domestic grey cement production capacity to 178.86 million tonnes per annum (MTPA). This expansion solidifies Ultratech’s leadership in the…
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Jyoti Structures announces a substantial carry-forward order book of approximately ₹1,800 crore. This order book is based on existing orders, indicating strong demand for the company’s products and services. The…
Fitch Ratings forecasts the Reserve Bank of India (RBI) will implement two additional interest rate cuts in 2025. This prediction suggests that Fitch anticipates a moderation in inflation and a…
Hero MotoCorp faces potential significant leadership changes as reports indicate close to half a dozen senior executives are likely to have resigned. This news, reported by the Economic Times, suggests…
Blue Star acknowledges that India is not entirely self-reliant in the production of air conditioner (AC) compressors. The company highlights that while domestic manufacturing capabilities have improved, a significant portion…
IndiGo, India’s largest airline, announces its strategic objective to increase its international capacity share to 40% by the fiscal year 2030, rising from the current 28% in FY25. This ambitious…
A substantial block trade involving Tata Steel Ltd. occurred on the National Stock Exchange (NSE). Approximately 10,048,147 shares changed hands in this transaction, with a total value of Rs. 158.69…
Muthoot Finance anticipates a 40% growth in its Assets Under Management (AUM) for the fiscal year 2025. This revised projection significantly surpasses the company’s earlier guidance of 25-30% growth. The…
A substantial block trade involving NTPC Ltd. shares occurred on the National Stock Exchange (NSE). Approximately 2,572,924 shares of NTPC were traded at a price of ₹340.20 per share, resulting…
Fitch Ratings forecasts approximately 10% growth in India’s steel sector. This growth is attributed to increased infrastructure spending by the Indian government and rising domestic demand. The agency highlights that…