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Power Grid emerges as successful bidder for inter-regional transmission project

Mumbai, June 17 -- The company received the letter of intent (LoI) for the project on 16 June 2026. The project will be executed on a build, own, operate and transfer (BOOT) basis. The project compri... Read More


Prostarm Info board OKs strategic realignment of certain business operations

Mumbai, June 17 -- As part of the restructuring, the company will gradually relocate its Servo Stabilizer and Isolation Transformer manufacturing and related operations from the Pisoli facility in Pun... Read More


Economic Buzz: Japan trade deficit narrows sharply in May

Mumbai, June 17 -- Japan's trade deficit narrowed significantly to JPY 378.7 billion in May as export growth outpaced imports. Exports surged 17% year-on-year, marking the strongest increase since Nov... Read More


Tata Communications issues CPs worth Rs 400 crore

Mumbai, June 17 -- The issue date is 15 June 2026 while the date of redemption is 11 September 2026. The said instrument has been issued at a discount rate of 7.05% per annum. The said commercial pa... Read More


Economic Buzz: Japan core machinery orders rebound 8.7% in April

Mumbai, June 17 -- Japan's core machinery orders rose 8.7% month-on-month to JPY 1,098.5 billion in April, rebounding from the previous month's decline. The increase was driven by stronger demand from... Read More


Meta Infotech hits the roof after securing renewal orders worth over Rs 5 crore

Mumbai, June 17 -- In a regulatory filing, the company stated that it has secured a renewal order worth Rs 2.20 crore from one of India's leading stock exchanges for software subscription services. Th... Read More


Board of Tata Captial approves debt issuance up to Rs 36,000 cr

Mumbai, June 17 -- The board of Tata Capital at its meeting held on 17 June 2026 has approved raising of funds by way of issuance of Non-Convertible Debentures in the nature of Secured / Unsecured / S... Read More


Schneider Electric Infrastructure WTD Chinmoy Das resigns

Mumbai, June 17 -- His resignation will be effective from the close of business hours on June 30, 2026. p Following his departure, Das will also cease to be senior management personnel of the compan... Read More


Puravankara acquires 9.73-acre land parcel in North Bengaluru

Mumbai, June 17 -- Puravankara has acquired a 9.73-acre land parcel at Sanna Ammanikere in North Bengaluru's fast-developing airport corridor. The outright acquisition has a development potential of a... Read More


Krishna Defence rises after securing Rs 45.64 crore defence order

Mumbai, June 17 -- The company said it has received an order worth Rs 45.64 crore, for the supply of special steel products to be used in a shipbuilding project. According to the company, the order is... Read More