Hindustan Aeronautics Limited (HAL) is set to sign a landmark contract worth $1 billion with GE Aerospace for the supply of 113 F404-IN20 fighter jet engines, a move aimed at strengthening India’s defense capabilities. The F404-IN20 engines are designed to power the indigenous Light Combat Aircraft (LCA) Tejas, a key component of India’s push for […]
Hindustan Zinc is expected to witness strong growth momentum in 2025, supported by a sharp 63% surge in silver prices. The company, a key contributor to Vedanta Group’s consolidated EBITDA, is strategically positioned to capitalize on favorable commodity trends. Alongside the financial boost from higher silver realizations, Hindustan Zinc is accelerating its transition towards clean […]
Waaree Renewable Technologies Ltd has received a Letter of Award for a landmark solar power project valued at ₹1,252.43 crore, underscoring its growing dominance in India’s renewable energy sector. The scope of the project includes comprehensive engineering, procurement and construction (EPC) services, coupled with two years of operations and maintenance (O&M). This integrated approach ensures […]
Signpost India has won an exclusive nine-year contract from Bangalore Metro Rail Corporation Limited (BMRCL) for advertising rights across 67 Namma Metro stations, covering more than 1 lakh sq. ft. of premium media space. The deal carries a revenue potential of ₹700 crore over its duration. As part of the project, the company will integrate […]
HDFC Bank on Sunday announced its first-ever bonus issue, approving a 1:1 bonus share for its shareholders. The record date has been fixed as August 27, 2025. This marks a historic move by India’s largest private sector lender, aimed at rewarding shareholders and enhancing liquidity in its stock. Alongside the bonus announcement, HDFC Bank reported […]
Anupam Rasayan India Ltd has reported a stellar performance for the first quarter of FY26, with consolidated net profit soaring 768% year-on-year to ₹34 crore. The company’s revenue also witnessed a sharp jump of 91.12%, reaching ₹485.83 crore. The surge was driven by robust demand in the pharmaceutical and polymer sectors, coupled with a notable […]
Shakti Pumps (India) Limited has announced the receipt of a major order worth ₹1,037 crore from Maharashtra State Electricity Distribution Company Limited (MSEDCL). The order involves the supply, installation, and commissioning of 34,720 solar pumps under the Magel Tyala Saur Krushi Pump Yojana and PM KUSUM B scheme. This contract is expected to significantly strengthen […]
Tilaknagar Industries Ltd (TIL), a leading player in the Indian liquor industry, reported a robust performance in the first quarter of FY26, with net profit soaring 120.8% year-on-year to ₹88.51 crore. The strong earnings were supported by a sharp 30.65% jump in revenue to ₹409.14 crore, driven by continued distribution network expansion and a strategic […]
State Bank of India (SBI), the country’s largest lender, posted a 12.48% year-on-year (YoY) rise in standalone net profit to ₹19,160 crore for the first quarter of FY26, surpassing market estimates. The growth was primarily driven by a healthy increase in operating income and improved asset quality. Despite the strong financial performance, SBI shares fell […]
Pidilite Industries to Consider Bonus Issue After 15 Years; June Quarter Revenue Expected to Rise 9%
Pidilite Industries Ltd, the renowned adhesives and construction chemicals giant, is set to deliberate on a bonus share issue for the first time in 15 years. The proposal will be taken up during the company’s board meeting scheduled for today, signaling a potential move to reward its long-term shareholders. This significant corporate development comes on […]
