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Quick Wrap: Nifty PSU Bank Index gains 1.81%

Mumbai, July 16 -- Nifty PSU Bank index closed up 1.81% at 7267.2 today. The index has gained 5.00% over last one month. Among the constituents, Punjab National Bank added 2.43%, Punjab & Sind Bank ga... Read More


Barometers end near flat line; Nifty closes above 25,200 mark

Mumbai, July 16 -- The key benchmark indices ended with small gains today, witnessing mild buying interest despite Donald Trump announced a 19% tariff on products that Indonesia sells to the United St... Read More


Godrej Properties acquires 50-acre land in Raipur, Chhattisgarh

Mumbai, July 16 -- The project is expected to offer an estimated saleable area of around 9.5 lakh square feet. The newly acquired land parcel is strategically located near Old Dhamtari Road, one of R... Read More


PNC Infratech emerges as L-1 bidder for 1200 MW solar power project

Mumbai, July 16 -- According to an exchange filing, the tender involves setting up 1200 MW ISTS-connected solar power projects integrated with 600 MW/2400 MWh Energy Storage Systems (ESS) under a Tari... Read More


Lupin launches Loteprednol Etabonate Ophthalmic Suspension in the United States

Mumbai, July 16 -- Loteprednol Etabonate Ophthalmic Suspension, 0.5% is bioequivalent to Lotemax(R) Ophthalmic Suspension, 0.5%, of Bausch & Lomb Inc. Loteprednol Etabonate Ophthalmic Suspension is i... Read More


Economic Buzz: Eurozone's trade surplus at EUR 16.2 billion in May

Mumbai, July 16 -- The Eurozone's trade surplus stood at €16.2 billion in May, rising from April's €11.1 billion and €12.7 billion registered in the same month in 2024, the European ... Read More


Platinum Industries CFO Gyandeep Mittal resigns

Mumbai, July 16 -- Platinum Industries specializes in manufacturing PVC stabilizers, CPVC additives, and lubricants. The company reported a 41.1% drop in consolidated net profit to Rs 6.31 crore on a... Read More


ITC Hotels spurts after Q1 PAT rises over 53% YoY in Q1 FY26

Mumbai, July 16 -- On the segmental front, revenue from Hotels division was Rs 800.57 crore (up 16% YoY) and Other revenue was Rs 10.06 crore (up 10.3 % YoY) in the June'25 quarter. Total expenses fo... Read More


State Bank of India Board approves raising up to Rs 20,000 cr Tier 1 & 2 bonds

Mumbai, July 16 -- The Central Board of State Bank of India in its meeting held today i.e. 16 July 2025, inter alia, accorded approval for raising funds in INR by issue of Basel III compliant Additio... Read More


Cabinet approves the PM Dhan-Dhaanya Krishi Yojana to tast track development in agriculture and allied sectors in 100 districts

Mumbai, July 16 -- The Union Cabinet today approved the "Prime Minister Dhan-Dhaanya Krishi Yojana" for a period of six years, beginning with 2025-26 to cover 100 districts. Prime Minister Dhan-Dhaany... Read More