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Economic Buzz: Fed's Goolsbee expects central bank to eventually lower short-term rates once the uncertainty surrounding tariff policies is resolved

Mumbai, June 3 -- Chicago Federal Reserve Bank President Austan Goolsbee said on Monday he continues to think the U.S. central bank will be able to lower short-term borrowing costs after the "dirt in ... Read More


Hubtown obtains TDR of 11,000 sq. mtrs. for ongoing slum rehab project in Mumbai

Mumbai, June 3 -- Hubtown announced that it has obtained Transferable Development Rights (TDR) of 11,000 square meters from the Maharashtra Industrial Development Corporation (MIDC) and MCGM (Municipa... Read More


ICICI Bank allots 3.58 lakh equity shares under ESOS

Mumbai, June 3 -- ICICI Bank has allotted 358,024 equity shares of face value of Rs.2 each on 03 June 2025 under the ICICI Bank Employees Stock Option Scheme-2000. Published by HT Digital Content Se... Read More


Alembic Pharma slips as USFDA issues four observations for Panelav API facility

Mumbai, June 2 -- According to a regulatory filing, the USFDA conducted an unannounced and routine current good manufacturing practices (cGMP) inspection at the company's API-I and API-II facilities l... Read More


Scoda Tubes IPO ends with 53.78x subscription

Mumbai, June 2 -- The initial public offer of Scoda Tubes received bids for 63,71,18,900 shares as against 1,18,46,169 shares on offer. The issue was subscribed 53.78 times. The Non-Institutional Inv... Read More


Apollo Hospitals gains after Q4 PAT jumps 53% YoY to Rs 390 cr

Mumbai, June 2 -- Profit before tax (PBT) jumped 40% YoY to Rs 515.50 crore in the quarter ended 31st March 2025. EBITDA grew 20% to Rs 769.9 crore in Q4 FY25 as compared with Rs 640.5 crore in Q4 FY... Read More


US stocks see sliggish moves on Friday

Mumbai, June 2 -- The US stocks ended on a sluggish note on Friday as trade concerns resurfaced after the US President Donald Trump accused China of violating the trade agreement reached last month. E... Read More


TVS Motor registers total auto sales of 4.31 lakh units in May'25

Mumbai, June 2 -- Total two-wheelers registered a growth of 16%, with sales increasing to 416,166 units in May 2025 from 359,590 units in May 2024. Motorcycle sales added up to 211,505 units (up 22% ... Read More


Hero MotoCorp dispatches 5.08 lakh motorcycle and scooter units in May 2025

Mumbai, June 2 -- Motorcycle sales aggregated to 4,75,164 units (up 0.84% YoY) and Scooter sales added up to 32,537 units (up 20.8% YoY) in May 2025. While domestic sales rose by 2% YoY to 488,997 un... Read More


Escorts Kubota May'25 sales rises to 10,354 units

Mumbai, June 2 -- While domestic sales also declined 2% to 9,703 units in May 2025 compared with 9,906 units sold in May 2024. The company's exports jumped 71.3% to 651 units in May 2025 as against 3... Read More