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Economic Buzz: German private sector stagnates in April

Mumbai, May 6 -- April saw Germany's service sector slip back into contraction after having grown in each of the previous four months, the latest HCOB PMI survey showed. Service providers were meanwh... Read More


MCX Gold sees sizzling gains, futures break above Rs 96K

Mumbai, May 6 -- COMEX gold futures edged up for a second session, hitting around two-week high as the demand safe haven commodity stayed intact amid uncertainty regarding tariff deals between US and ... Read More


Bondada Engineering subsidiary receives purchase order from Bharti Airtel

Mumbai, May 6 -- The contract is for supplying a hot dip galvanized iron (GI) pole, having a height of 6 meters and weighing 60 kilograms. The pole would be without a base. The pole has to be deliver... Read More


Dollar index steadies under 100 mark; Fed policy in focus

Mumbai, May 6 -- The dollar index continues to steady in a narrow range under 100 mark on Tuesday amid uncertainty regarding tariff deals between US and China and resurfacing concerns in Middle East. ... Read More


Tata Steel Ltd spurts 1.78%, up for third straight session

Mumbai, May 6 -- Tata Steel Ltd rose for a third straight session today. The stock is quoting at Rs 144.61, up 1.78% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.32% on ... Read More


Prataap Snacks records net loss of nearly Rs 12 crore in Q4 as input prices surge

Mumbai, May 6 -- Net sales rose by 3.1% year-over-year (YoY) to Rs 398.53 crore during the period under review. Total operating expenditure increased by 12.2% YoY to Rs 395.66 crore in Q4 FY25, due t... Read More


Shilpa Medicares Karnataka unit receives GMP approval from EMA

Mumbai, May 6 -- The inspection was conducted by Finnish Medicine Agency on behalf of EMA, from March 10 - 14, 2025 and concluded with few minor observations. This GMP approval is for manufacturing... Read More


DCM Shriram jumps after Q4 PAT rises 52% YoY to Rs 179 cr

Mumbai, May 6 -- Revenue from operations (excluding excise duty) jumped 19.9% YoY to Rs 2,876.76 crore during the quarter ended 31st March 2025. Profit before tax (PBT) climbed 52.84% to Rs 269.79 cr... Read More


NSE SME Iware Supplychain Services slides on debut

Mumbai, May 6 -- The scrip was listed at 85.05, a discount of 10.47% over the initial public offer (IPO) price. The stock was currently up 2.29% over its listing price. The counter hit a high of Rs 8... Read More


Paras Defence inks MoU with Israel's HevenDrones to form JV for defence logistics drones

Mumbai, May 6 -- The joint venture (JV) will establish a new entity in India to design, manufacture, and supply next-generation drone systems tailored for India's defence and homeland security landsca... Read More