Pravel Jain
AAP Rajya Sabha MP Ashok Kumar Mittal wrote an open letter to US President Donald Trump over the 50% tariff on India. Posting his letter, he asked on X, "What if 146 crore Indians boycott American companies operating in India?" "The US digital economy runs on code, much of it written in India," the letter read, calling the move "disappointing".
Aug 7th, 2025
Dharini Mudgal
US President Donald Trump has demanded the resignation of Intel CEO Lip-Bu Tan following reports of Tan's $200 million investment in Chinese firms. Tan, a Malaysian-born American entrepreneur and founder of Walden International, also served as the CEO of Cadence Design Systems. His net worth is estimated between $550–$759 million. He holds degrees in physics, nuclear engineering, and an MBA.
Aug 7th, 2025
VeerHealth Care, an Ayurvedic and personal care product manufacturer, secured a ₹49 lakh hair care product order from a major Indian pharmacy chain with over 5,000 outlets. This strategic domestic partnership, requiring 45-day execution, is set to significantly boost VeerHealth Care's market presence and turnover, leveraging its state-of-the-art facility. The stock is trading under ₹25 per share.
Aug 7th, 2025
NCC Limited, a prominent construction company, reported Q1FY26 consolidated turnover of ₹5,207.93 crore, a 6% YoY decrease, with net profit at ₹192.14 crore. Despite the dip, NCC secured new orders worth ₹3,658 crore, significantly boosting its consolidated order book to a robust ₹70,087 crore as of June 30, 2025, ensuring strong future revenue visibility.
Aug 7th, 2025
The Sandur Manganese & Iron Ores Limited (SMIORE), a prominent Indian mining company established in 1954, will hold a Board meeting on August 8, 2025. The agenda includes considering a bonus share issue to equity shareholders, marking the second consecutive year. SMIORE, a low-phosphorus manganese and iron ore miner, previously issued a 5:1 bonus in February 2024.
Aug 7th, 2025
Transrail Lighting, a leading turnkey EPC company in power and infrastructure, reported strong Q1FY26 with ₹106 crore PAT, up 105% YoY, driven by T&D execution. New orders reached ₹1,748 crore, a 72% YoY increase. Its un-executed order book stands robust at ₹14,654 crore (as of June 30, 2025). CRISIL upgraded its credit rating to AA-/Stable, highlighting its strong financial health.
Aug 7th, 2025
Reliance Consumer Products is now the exclusive beverage partner for Hyderabad Metro, managing sales through vending machines, kiosks, and retail outlets. This partnership aims to enhance convenience for commuters by providing easy access to a variety of beverages. Hyderabad Metro spans 69.2 km, includes 57 stations, and has an average daily ridership of about 4.6 lakh passengers.
Aug 7th, 2025
Bemco Hydraulics, a hydraulic equipment manufacturer, will hold a Board meeting on August 12, 2025, to approve Q1FY26 results and finalise a 1:10 stock split and 1:1 bonus issue. These actions aim to enhance liquidity, reflecting a significant corporate restructuring funded by the company's free reserves. The company specialises in hydraulic and portable re-railing equipment.
Aug 7th, 2025
Indo Tech Transformers, a leading manufacturer of power and distribution transformers, secured ₹62.93 crore order for six 175 MVA transformers, to be supplied by October 2026. This adds to their strong performance, with stock delivering multibagger returns of 240% in 2 years, 670% in 3 years, and a remarkable 1,560% in 5 years, highlighting its robust market position and growth.
Aug 7th, 2025
Adani Infra (India) Ltd-backed by Gautam Adani, bought total 34.41% stake in PSP Projects, an Ahmedabad-based construction firm. Adani acquired shares via open offer and a promoter agreement, gaining joint control. Specialising in diverse projects across India, PSP Projects reported a robust ₹6,514 crore order book as of June 30, 2025, reflecting strong growth prospects in the construction sector.
Aug 7th, 2025
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