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Lokesh Machines hits the roof after securing Rs 58-cr defence order

Mumbai, July 16 -- The contract involves the supply of modification (MOD) kits for 7.62 mm medium machine guns. The company clarified that the order does not constitute a related-party transaction an... Read More


Japan stocks fall as chip shares extend losses

Mumbai, July 16 -- Japanese stocks closed lower on Thursday, with the Nikkei 225 Index dropping 2.79% to 66,835 and the Topix Index falling 1.45% to 4,029, ending a two-day winning streak. The declin... Read More


BHEL rises after reporting turnaround Q1 performance

Mumbai, July 16 -- Revenue from operations rose 40.29% year on year to Rs 7,697.72 crore in the first quarter of FY27. The company reported a profit before tax of Rs 507.70 crore in the quarter, comp... Read More


China stocks fall as tech shares drag the market lower

Mumbai, July 16 -- Chinese stocks ended lower on Thursday, with the Shanghai Composite falling 1.85% to 3,882.4 and the Shenzhen Component losing 1.97% to 14,488.7. Both indices closed at their lowest... Read More


Medi Assist integrates UIDAI's Aadhaar Offline Verification Framework into its tech platform

Mumbai, July 16 -- Medi Assist Healthcare Services announced the integration of UIDAI's Aadhaar Offline Verification Framework into its health benefits platforms after becoming a registered Offline Ve... Read More


Economic Buzz: Eurozone goods trade deficit at 7.8B in May

Mumbai, July 16 -- The Eurozone's international trade deficit in goods stood at €7.8 billion in May, down from a deficit of €1.2 billion in April and lower than the €15 billion surpl... Read More


Commodities Buzz: US Crude oil imports slide around 12% on year in last four weeks, says EIA

Mumbai, July 16 -- The US crude oil refinery inputs averaged 17.1 million barrels per day during the week ending July 10, 2026, which was 99 thousand barrels per day more than the previous week's aver... Read More


JBM Auto announces incorporation of step-down subsidiary Greenpath Mobility Ventures

Mumbai, July 16 -- JBM Ecolife Mobility (JBM Eco), a subsidiary/joint venture of JBM Auto, has incorporated a company on 15 July 2026 in the name of Greenpath Mobility Ventures (GMVPL). The GMVPL is a... Read More


ICICI Lombard General Insurance Company Ltd leads losers in 'A' group

Mumbai, July 16 -- SignatureGlobal India Ltd, ITC Hotels Ltd, HDFC Asset Management Company Ltd and Go Digit General Insurance Ltd are among the other losers in the BSE's 'A' group today, 16 July 2026... Read More


Shilpa Medicare's subsidiary receives credit ratings from India Ratings & Research

Mumbai, July 16 -- Shilpa Medicare announced that India Ratings and Research has assigned the credit rating IND A+; Stable / IND A1+ to the bank facilities availed by the company's material subsidiary... Read More