Economy
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Genfit shares jump 4% on tripled Iqirvo royalties, cash runway beyond 2028
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Tata Chemicals, Tata Motors PV, other Tata stocks slide up to 4% as Tata Sons rejig clouds listing prospects
Tata group stocks declined after Tata Trusts proposed restructuring Tata Sons to potentially remove its NBFC and CIC classification, which could allow the holding company to remain private and ease regulatory requirements linked to a listing.
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Vikram Solar shares rise 3% after securing 400 MW module order from leading EPC company
Vikram Solar shares rose 3% after securing a 400 MW module supply order for decentralised solar projects across Maharashtra. The company will supply 620 Wp N-Type TOPCon G12R modules from October 2026 through March 2027. The order strengthens its presence in agricultural-feeder solarisation and India’s expanding renewable energy infrastructure.
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Ellenbarrie Industrial Gases shares rise 5% after securing Rs 481 crore order from BHEL
Ellenbarrie Industrial Gases shares rallied 5.10% after the company secured a Rs 481-crore contract from BHEL to build a 1,200 TPD cryogenic Air Separation Unit for its Coal to Ammonium Nitrate Project. The turnkey project will be executed over eight quarters and is expected to be commissioned in FY29, expanding Ellenbarrie’s presence in India’s coal…
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Nomura initiates coverage on Allied Blenders with Buy rating, sees up to 20% upside
Nomura has initiated coverage on Allied Blenders & Distillers with a Buy rating and a target price of Rs 850, implying nearly 20% upside. The brokerage sees premiumisation, backward integration and margin expansion as key growth drivers, with EPS expected to grow at a 26% CAGR over FY26–FY29. Execution delays and slower premiumisation remain key…
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CNN, MS NOW And Politico Ask Court To Block Trump From Enforcing Press Ban Again
The outlets alleged the Trump administration has “persisted in unpredictably and inconsistently implementing its ban,” citing CNN’s exclusion from its pool duty.
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Why The EV Charging Revolution Needs Batteries That Never Move
Could space-age battery technology unlock faster EV charging? EnerVenue’s stationary storage batteries could ease grid constraints and make renewable energy more useful.
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Former Plastics Salesman Becomes Billionaire As Chip-Cooling Materials Maker’s Shares Soar 719% On Debut
Shenzhen HFC chairman Sun Aixiang, who began his career selling plastics, now has a net worth of $1.7 billion. His brother-in-law, company director Zhao Jianping, has also become a billionaire.
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NewGenIvf announces pricing of $1.25M public offering of shares and pre-funded warrants