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RBI approves Rs 2.87 lakh crore surplus transfer to Centre

Mumbai, May 22 -- Reserve Bank of India's Central Board on Friday approved a surplus transfer of Rs 2.87 lakh crore to the Central Government for FY26, up 6.6% from Rs 2.69 lakh crore transferred in F... Read More


Sterlite Technologies secures multi-year $1Bn deal for AI data centre infra in U.S.

Mumbai, May 22 -- Sterlite Technologies announced the receipt of a multi year Product Award Letter (PAL) valued at more than $1Bn. Under this agreement, through one of its subsidiaries, STL will suppl... Read More


Economic Buzz: German economy expands 0.3% in Q1

Mumbai, May 22 -- German economy expanded at a slightly faster pace in the first quarter, as previously estimated, detailed data from Destatis showed Friday. Gross domestic product grew 0.3 percent fr... Read More


Quick Wrap: Nifty Private Bank Index gains 1.49%

Mumbai, May 22 -- Nifty Private Bank index ended up 1.49% at 26376.2 today. The index has slipped 3.00% over last one month. Among the constituents, Axis Bank Ltd rose 2.56%, Bandhan Bank Ltd gained 1... Read More


Dilip Buildcon JV secures order worth Rs 268 cr

Mumbai, May 22 -- Dilip Buildcon through DBL-RBL (JV) has received letter of award (LOA) from Narmada Water Resources Water Supply & Kalpasar Department, Government of Gujarat for the project "Design... Read More


Economic Buzz: German business morale improves in May

Mumbai, May 22 -- German business morale unexpectedly improved in May, a survey showed on Friday. The Ifo institute said its business climate index rose to 84.9 compared to a revised 84.5 in April.How... Read More


Goodluck India secures export order of USD 13.6 million from Nepal

Mumbai, May 22 -- Goodluck India has received an export order from an EPC player in Nepal for the supply of galvanized steel tower structures and fasteners for a 400 kV Double Circuit (D/C) Transmissi... Read More


Barometers end with moderate gains; Nifty ends above 23,700 level

Mumbai, May 22 -- The key equity indices ended with decent gains on Friday amid positive global cues. Investor sentiment improved amid hopes of a possible peace agreement between the U.S. and Iran. Br... Read More


Rail Vikas Nigam receives order worth Rs 758 cr from NMDC

Mumbai, May 22 -- Rail Vikas Nigam has received LAC from NMDC for "Development of Railway Siding near Padapur Village along with Bridges, PWD road diversion, associated Civil Works etc. including Prep... Read More


Avantel announces amendment to order from Bharat Electronics

Mumbai, May 22 -- Avantel has received additional order worth Rs 1.92 crore from Bharat Electronics over an above the existing order value of Rs 11.04 crore for supply of power amplifiers. Published ... Read More