Kalyan Jewellers To Acquire Remaining Stake In Candere For Rs 42 Crore

Kalyan Jewellers to acquire remaining 15% stake in Candere for Rs 42 crore, shifting focus to omnichannel strategy.

Bloomberg Quint 

Coal Production In India Spikes 10% In May

India's coal production surges by 10.15% in May to 83.91 million tonnes, with Coal India Ltd contributing over 80% of the total output.

Bloomberg Quint 

HMSI posts 45% jump in domestic sales in May

The total sales rose to 4,92,047 units last month as against 3,29,393 units in the same month last year, it added.

Moneycontrol 

Airline industry to record a profit of $1 trillion in 2024

The aviation industry could face pressure due to a competitive environment among airlines and supply chain issues

The Hindu Business 

Share price of Tata Elxsi jumps as Sensex gains 2362.42 points

Promoters held 43.92 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 14.56 per cent and 1.81 per cent, respectively.

Economic Times 

LIC's Adani Portfolio Soars By 63% In A Year

The market capitalisation of Adani Group stocks soared by as much as Rs 2 lakh crore, significantly bolstering the value of LIC's holdings in the group.

Bloomberg Quint 

Adani Power Plans Ambitious 9,020 MW Capacity Expansion

Its current power generation capacity stands at 16,850 MW and construction for an additional 1,600 MW is already underway.

Bloomberg Quint 

Rs 1.4 lakh crore gain! Adani stocks zoom up to 16% as exit polls predict Modi's return

Adani Group stocks soared up to 16% as exit polls predicted a victory for Prime Minister Narendra Modi. The conglomerate's combined market cap rose by nearly Rs 1.4 lakh crore, reaching Rs 19.24 lakh crore. Adani Power surged 16%, while other group entities also saw significant gains, nearing pre-Hindenburg levels.

Economic Times 

Morgan Stanley initiates coverage on Suzlon, sees 22% upside amid India's energy transition

Suzlon Energy's earnings are likely to grow at a 57 percent CAGR from FY24 to FY27, as per Morgan Stanley.

Moneycontrol 

Britannia Industries Share Price Live Updates: Britannia Industries Closes at Rs 5179.80 with 3-Month Return of 5.56%

Britannia Industries Share Price Live Updates: Britannia Industries Closes at Rs 5179.80 with 3-Month Return of 5.56%

Economic Times 

Breakouts Updates: Jio Financial Services Surges Beyond R2 Resistance, Showing Bullish Momentum

Breakouts Updates: Jio Financial Services Surges Beyond R2 Resistance, Showing Bullish Momentum

Economic Times