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Steel Strips Wheels receives export order worth USD 1 million

Mumbai, Dec. 12 -- Steel Strips Wheels has bagged an export order worth USD 1 million (Rs 9.02 crore) from an US-based customer. The order will be executed in the month of December 2025 from the compa... Read More


Board of KPI Green Energy to consider fund raising via equity issuance

Mumbai, Dec. 12 -- The board of KPI Green Energy will meet on 17 December 2025 to consider proposal for raising funds by issue of equity or any other equity-linked or convertible securities including ... Read More


RailTel Corp bags Rs 35-cr order from BMC for communication solution

Mumbai, Dec. 12 -- The project is scheduled to be executed by 10 March 2031. RailTel Corporation, a "Navratna" PSU, is one of the largest neutral telecom infrastructure providers in the country, owni... Read More


Indian economic outlook remains well supported, says OPEC

Mumbai, Dec. 12 -- OPEC stated in a latest update that India's economy has shown ongoing steady momentum, following strong economic growth in 1H25 of 7.4%, y-o-y, in 1Q25, and 7.8%, y-o-y, in 2Q25, dr... Read More


Treasury Yields Slip as Investors Absorb Fed Rate Cut and Economic Signals

Mumbai, Dec. 12 -- Treasuries extended the upward move seen over the course of the previous session. Subsequently, the yield on the benchmark ten-year note which moves opposite of its price, fell 2.3 ... Read More


Crest Ventures approves issuance of NCDs up to Rs 100 cr

Mumbai, Dec. 12 -- Crest Ventures has approved the issuance of 12% rated, listed, unsecured, senior, transferable, redeemable, non-convertible debentures (NCDs) each of face value Rs 1,00,000, at par... Read More


Hubtown spurts on bargain hunting

Mumbai, Dec. 12 -- The recent fall was triggered by the company withdrawing its proposed preferential issue of 1,46,80,249 equity shares. The investors who were to participate have backed out. They ci... Read More


Jayaswal Neco Industries allots NCDs aggregating Rs 1800 cr

Mumbai, Dec. 12 -- Jayaswal Neco Industries has allotted 1,80,000 unlisted, unrated, secured, redeemable, fully paid up, non-convertible debentures of a face value of Rs 1,00,000/- each aggregating t... Read More


Wall Street Splits as Dow Rockets to Record While Tech Stumbles

Mumbai, Dec. 12 -- The Nasdaq climbed well off its worst levels of the day, the tech-heavy index still closed down 60 points or 0.3% at 23,594. The S&P 500 rose 14 points or 0.2% to 6,901 and the Dow ... Read More


Economic Buzz: Global economy forecast to continue steady expansion, says OPEC

Mumbai, Dec. 12 -- OPEC stated in a monthly update that the global economy is forecast to continue its steady expansion, supported by solid performance seen so far this year. The global economic growt... Read More