The tyre maker, which announced an investment of Rs 4,980 crore to expand tyre manufacturing capacity for trucks and buses by 2030, had reported a net profit of Rs 98.66 crore for January-March period of the last fiscal.
U.S. stocks rose Tuesday, catching up after a holiday, as optimism over U.S.-Iran talks lifted sentiment. The S&P 500, Nasdaq and Dow hovered near record highs, while oil prices climbed amid geopolitical tensions. Asian and European markets were mixed as investors weighed conflict risks against hopes of a diplomatic breakthrough.
The government will divest up to a 2% stake in Coal India through an offer for sale scheduled across May 27 and May 29. The OFS floor price has been fixed at Rs 412 per share, nearly 10% below Coal India’s Tuesday closing price on the NSE.
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Brainbees Solutions, Firstcry’s parent, narrowed its Q4FY26 net loss to Rs 30.30 crore, reporting a strong 12% revenue growth to Rs 2,163 crore. The company remained PAT and Free Cash Flow positive for FY26. Discover wellness memberships at [link removed].
The ​Tampa, Florida-based company and some of its ​backers are seeking to raise up to $283.3 million by offering ​16.7 million shares priced â between $15 and $17 ‌apiece.
Sebi chairman Tuhin Kanta Pandey called for deeper development of India’s corporate bond market to support long-term economic growth. He highlighted rising debt fundraising, proposed bond ETFs, stronger disclosures and tokenisation pilots, while urging greater retail participation and reduced dependence on bank-led financing.
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