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Cupid Breweries to acquire Odisha Alcobev Unit from United Spirits

Mumbai, June 6 -- The agreement covers the acquisition of land, building, plant and machinery, along with premium excise licenses required for production at the facility. As part of the transaction, ... Read More


HGINFRA receives provisional completion certificate for project in Uttar Pradesh

Mumbai, June 6 -- H.G. Infra Engineering has received provisional completion certificate for Rs 4970-crore project in Uttar Pradesh. The project involved the execution of Civil and Associated works on... Read More


Ixigo to acquire majority stake in Brevistay for Rs 66-cr

Mumbai, June 6 -- The company has also committed Rs 12 crore to two artificial intelligence startups as part of its strategy to strengthen its hotels business and technology capabilities. The acquisi... Read More


Board of ASM Technologies approves fund raising up to Rs 500 cr via equity route

Mumbai, June 6 -- The board of ASM Technologies at its meeting held on 06 June 2026 has approved the proposal for raising of funds either by way of issuance of equity shares and / or other securities... Read More


Weekly Copper Review: COMEX copper tumbled nearly 4%

Mumbai, June 6 -- COMEX copper tumbled by nearly 4% on Friday as dollar index spiked above 100 for the first time in two months following a strong jobs data, driving sooner than expected rate hike by ... Read More


Weekly Crude Oil Review: WTI crude oil near one-week low but adds around 3% for the week

Mumbai, June 6 -- WTI crude oil prices are seen pressured near a one-week low on Friday's closing at $90.25 per barrel, down over 2.5%. Brent also fell over 2% at 92.78 amid lack of a breakthrough in ... Read More


Weekly Gold Review: Gold and silver futures plunge as dollar firms above 100

Mumbai, June 6 -- Gold and silver futures plummeted to its lowest level in over two months of Friday as dollar index surged on stronger than expected jobs data that increases prospects for a Federal r... Read More


Economic Buzz: South Africa forex reserves fall to $76.58B

Mumbai, June 5 -- South Africa's gross foreign exchange reserves declined to $76.58 billion in May 2026 from $77.09 billion in April, remaining at their lowest level since December 2025. The drop was ... Read More


Kesar India allots 71,428 equity shares on conversion of warrants

Mumbai, June 5 -- Kesar India has allotted 71,428 equity shares on conversion of warrants on 04 June 2026. Consequent to the said allotment, the paid-up equity share capital of the company stands incr... Read More


RBI reiterates that it remains vigilant on exchange rate and is fully prepared to do whatever it takes to preserve orderly market condition

Mumbai, June 5 -- The Reserve Bank of India governor reiterated that India's exchange rate policy remains unchanged. RBI does not target any specific level or band; instead, we allow the exchange rate... Read More