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Economic Buzz: India manufacturing PMI dips to 57.6 in May but outlook stays strong

Mumbai, June 2 -- India's manufacturing PMI eased to 57.6 in May from 58.2 in April, hitting a three-month low but still reflecting solid growth. New orders and output remained strong, though momentum... Read More


SSWL gains as net turnover jumps 20% YoY in May 2025

Mumbai, June 2 -- The company's gross turnover jumped 19.36% to Rs 500.76 crore in May 2025 from Rs 419.55 crore recorded in May 2024. In value terms, the overall exports segment surged by 64% YoY, t... Read More


Genus Power Infra sizzles after Q4 PAT zooms 312% YoY

Mumbai, June 2 -- Revenue growth was driven by accelerated execution across ongoing smart metering projects. Profit before tax (PBT) stood at Rs 174 crore in Q4 FY25, up 293% year-on-year, and up 82%... Read More


Ciplas Bengaluru facility gets one USFDA observation

Mumbai, June 2 -- According to a regulatory filing, the inspection was carried out from 26 May 2025 to 30 May 2025. At the conclusion of the inspection, the USFDA issued one observation in Form 483. ... Read More


Zydus Lifesciences gets USFDA nod for Rifaximin tablets

Mumbai, June 2 -- Rifaximin tablets are indicated for the treatment of irritable bowel syndrome with diarrhoea (IBS-D) in adults. The tablets will be produced at the Group's manufacturing facility at ... Read More


Solar Industries bags explosives supply contract from CIL worth Rs 402 crore

Mumbai, June 2 -- The domestic supply contract would be executed over a period of two years. Solar Industries India (SIIL) is the flagship company of the Solar Group. SIIL, along with its subsidiarie... Read More


Lakshmi Mills Company AGM scheduled

Mumbai, June 2 -- Lakshmi Mills Company announced that the Annual General Meeting(AGM) of the company will be held on 12 September 2025. Published by HT Digital Content Services with permission from ... Read More


Palred Technologies to convene AGM

Mumbai, June 2 -- Palred Technologies announced that the 26th Annual General Meeting(AGM) of the company will be held on 12 August 2025. Published by HT Digital Content Services with permission from ... Read More


Balaxi Pharmaceuticals AGM scheduled

Mumbai, June 2 -- Balaxi Pharmaceuticals announced that the 82th Annual General Meeting(AGM) of the company will be held on 25 August 2025. Published by HT Digital Content Services with permission fr... Read More


Nifty hovers below 24,600 level; metal shares drop

Mumbai, June 2 -- The key domestic indices continued to trade with significant losses in morning trade pressured by weak global cues. Investors will closely monitor key events such as the RBI MPC meet... Read More