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Aequs to invest Rs 1900 cr for setting up manufacturing unit in Tamil Nadu

Mumbai, Feb. 16 -- Aequs has entered into a non binding Memorandum of Understanding (MoU) with the Guidance, the nodal agency of the Government of Tamil Nadu (GoTN) on 16 February 2026 for setting up ... Read More


ISGEC Heavy Engineering announces cessation of Chief Strategy Officer

Mumbai, Feb. 16 -- ISGEC Heavy Engineering announced that Anup Bhargava, Chief Strategy Officer (designated as Senior Management Personnel), will superannuate from the services of the Company with eff... Read More


US dollar index speculative shorts edge lower

Mumbai, Feb. 16 -- US dollar index speculators marginally reduced net short positions, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CF... Read More


Texmaco Rail & Engineering receives order of Rs 27.67 cr from South Western Railway

Mumbai, Feb. 16 -- Texmaco Rail & Engineering has received an order from South Western Railway for undertaking comprehensive annual maintenance and breakdown restoration of Overhead Equipment (OHE) an... Read More


RBI tightens capital market exposure norms

Mumbai, Feb. 16 -- The Reserve Bank of India (RBI) has notified Commercial Banks - Credit Facilities Amendment Directions, 2026, updating norms for how banks extend credit to stockbrokers and other ca... Read More


Economic Buzz: Australia's economic recovery expected to continue in near-term, says IMF

Mumbai, Feb. 16 -- The International Monetary Fund (IMF) has stated in a latest update that the Australian economy is managing a soft landing. Growth picked up to 2.1 percent year on year in 2025Q3 af... Read More


Sensex jumps 149 pts; pharma shares in demand

Mumbai, Feb. 16 -- The key equity benchmarks continued to trade with modest gains in mid-morning trade, recovering from early losses amid volatile conditions as value buying in select sectors lent sup... Read More


Desco Infratech spurts on bagging Rs 40-cr power & solar orders

Mumbai, Feb. 16 -- The company has secured an order from KP Energy for cable laying with digging work in Gujarat. The contract value stands at Rs 1.09 crore and will be executed as per the terms of th... Read More


Board of Axita Cotton allots 3.47 cr equity shares under bonus issue

Mumbai, Feb. 16 -- The board of Axita Cotton at its meeting held on 16 February 2026 has approved the allotment of 3,47,22,832 equity shares of Re 1 each as fully paid-up bonus equity shares in ratio ... Read More


Commodities Buzz: LME Copper inventories spike to nine and half month highs

Mumbai, Feb. 16 -- LME Copper inventories continued to see sharp upside. Inventories jumped 7225 onnes to 203875 tonnes on Friday- hitting nine and half month high. Stocks are up around 43% in last on... Read More