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INDIA BUSINESS | Tue, 2 Jun 2026, 1:51PM IST Anthropic and Snowflake highlighted their AI offerings and the rising levels of enterprise adoption

Continue reading at The Hindu

14m

INDIA MARKET | Tue, 2 Jun 2026, 1:50PM IST IT, consumer durables and auto shares advanced while pharma, media and oil & gas shares declined.

Continue reading at Business Standard

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INDIA MARKET | Tue, 2 Jun 2026, 1:50PM IST In his interaction with the President, the Prime Minister stated that Myanmar lies at the confluence of Indias Neighbourhood First, Act East and MAHASAGAR (Mutual and Holistic Advancement for Security and Growth Across Regions) policies. The discussions underscored the importance of strengthening bilateral cooperation, including trade and economic ties, defence and security, border management, development assistance and cultural exchanges. Both sides noted ongoing discussions on various bilateral Agreements and Memoranda of Understanding and looked forward to their early conclusion.

Continue reading at Business Standard

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INDIA MARKET | Tue, 2 Jun 2026, 1:50PM IST Trishakti Industries announced its planned entry into the EV Machinery segment during Q2 FY27 as part of its ongoing fleet diversification and growth strategy.

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INDIA MARKET | Tue, 2 Jun 2026, 1:47PM IST Sensex Today | Stock Market LIVE Updates Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices were trading 0.31 per cent and 0.26 per cent down, respectively

Continue reading at Business Standard

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INDIA MARKET | Tue, 2 Jun 2026, 1:30PM IST Analysts noted that the scale of the unwind indicates that the downturn was driven not just by spot selling but also by aggressive deleveraging in derivatives markets

Continue reading at Business Standard

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INDIA MARKET | Tue, 2 Jun 2026, 1:27PM IST The Nikkei touched a record peak of 67,231.28 on Monday and posted a record closing high of 66,934.33, roughly 7% above the 25-day moving average, a sign of an overheated market.

Continue reading at Economic Times

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INDIA MARKET | Tue, 2 Jun 2026, 1:24PM IST Berkshire Hathaway has agreed to invest $10 billion in Alphabet through a private placement as part of the Google parents $80 billion fundraising plan focused on AI expansion. The move deepens Berkshires exposure to artificial intelligence and signals confidence in Alphabets long-term growth despite ongoing debates over AI valuations.

Continue reading at Economic Times

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GLOBAL NEWS | Tue, 2 Jun 2026, 1:24PM IST The proposal marks the latest effort by the administration to rebuild its tariff agenda through Section 301 investigations.

Continue reading at The New York Times

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INDIA MARKET | Tue, 2 Jun 2026, 1:23PM IST E-commerce platform Meesho has partnered with the BSE to launch a new initiative aimed at helping micro, small and medium enterprises (MSMEs) and digital businesses transition into publicly-listed companies. The initiative, named 'Project Shikhar', was formalised through a Memorandum of Understanding (MoU) and aims to facilitate the listing of high-performing independent e-commerce sellers on the BSE SME platform, addressing their need for growth capital. BSE Managing Director and CEO Sundararaman Ramamurthy said the exchange pioneered the SME platform to give dynamic, job-creating businesses a direct route to capital markets. "Over the years, the BSE SME platform has enabled hundreds of MSMEs to list, raise growth capital and strengthen governance standards. This partnership with Meesho extends that ecosystem to digital-first entrepreneurs, helping e-commerce sellers become public companies," Ramamurthy said. A substantial segment of India's retail commerce operates in the informa

Continue reading at Business Standard

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INDIA NEWS | Tue, 2 Jun 2026, 1:13PM IST CRIF High Mark said MSME credit growth moderated amid global uncertainty, while early-stage stress surfaced among micro borrowers, manufacturing firms and working-capital loans

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INDIA MARKET | Tue, 2 Jun 2026, 1:12PM IST European shares climbed Tuesday, led by technology stocks boosted by strong forecasts from STMicroelectronics amid AI demand. Investors await key inflation data for insights into the Mideast conflict's economic impact. A partial ceasefire in Lebanon and easing crude prices also supported market sentiment.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 2 Jun 2026, 1:11PM IST India's auto sector is set for a revolution with Maruti Suzuki launching the country's first mass-market flex-fuel passenger vehicle. This move supports green mobility and reduces oil imports. The vehicle can run on petrol and ethanol blends up to 100 percent. This initiative boosts the rural economy and promotes cleaner transport. The government is also expanding E100 fuel infrastructure nationwide.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 2 Jun 2026, 1:11PM IST India's auto sector is set for a revolution with Maruti Suzuki launching the country's first mass-market flex-fuel passenger vehicle. This move supports green mobility and reduces oil imports. The vehicle can run on petrol and ethanol blends up to 100 percent. This initiative boosts the rural economy and promotes cleaner transport. The government is also expanding E100 fuel infrastructure nationwide.

Continue reading at Economic Times

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INDIA MARKET | Tue, 2 Jun 2026, 1:09PM IST Indian stocks have seen a sharp fall. Nomura predicts the Nifty will climb almost 11% to reach 25,900 by March 2027. This optimism stems from hopes of a West Asia conflict resolution and a strong AI theme. Despite recent selling by foreign investors, Indian equities have shown resilience. Nomura favors exporters, financials, and IT services, while remaining cautious on consumption.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 2 Jun 2026, 1:07PM IST Transrail Lighting, a leading turnkey engineering, procurement and construction (EPC) company, on Tuesday said it has bagged new orders worth Rs 575 crore primarily in the transmission and distribution (T&D), civil construction and pole business. As of March 31, the company's unexecuted order book (including L1 or Lowest Bidder position) stood at Rs 16,361 crore, up 12 per cent year-on-year, Transrail Lighting said in an exchange filing. "The orders in the T&D segment including construction of a 500 kV HVDC line for a marquee customer, supply of our products in international markets, specialised civil construction job and pole supplies, highlights our diversified capabilities and competencies," the company's MD & CEO Randeep Narang said. Mumbai-based Transrail Lighting is an EPC company primarily engaged in T&D with operations spanning civil, railways, poles and lighting segments. The company has a presence across 63 countries. For FY26, the company posted a net profit

Continue reading at Business Standard

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INDIA MARKET | Tue, 2 Jun 2026, 1:05PM IST Authum Investment & Infrastructure fell 1.35% to Rs 452.10 after the company announced the resignation of Amit Kumar Jha as chief financial officer (CFO), effective from the close of business hours on 1 June 2026.

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INDIA MARKET | Tue, 2 Jun 2026, 1:05PM IST Paras Defence and Space Technologies added 2.77% after it has received an order from Bharat Electronics (BEL) for the supply of electro-optics systems valued at approximately Rs 52.82 crore.

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INDIA BUSINESS | Tue, 2 Jun 2026, 1:03PM IST Transrail Lighting has secured new orders totaling Rs 575 crore. These orders are primarily in transmission and distribution, civil construction, and pole business. The company's unexecuted order book now stands at Rs 16,361 crore. This growth highlights Transrail Lighting's diverse capabilities. The company also reported strong financial performance for FY26.

Continue reading at Economic Times

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INDIA NEWS | Tue, 2 Jun 2026, 1:03PM IST New Delhi: Transrail Lighting, a leading turnkey engineering, procurement and construction (EPC) company, on Tuesday said it has bagged new orders worth Rs 575 crore primarily in the transmission and distribution (T&D), civil construction and pole business.As of March 31, the company's unexecuted order book (including L1 or Lowest Bidder position) stood at Rs 16,361 crore, up 12 per cent year-on-year, Transrail Lighting said in an exchange filing."The orders in the T&D segment including construction of a 500 kV HVDC line for a marquee customer, supply of our products in international markets, specialised civil construction job and pole supplies, highlights our diversified capabilities and competencies," the company's MD & CEO Randeep Narang said.Mumbai-based Transrail Lighting is an EPC company primarily engaged in T&D with operations spanning civil, railways, poles and lighting segments. The company has a presence across 63 countries.For FY26, the company posted a net profit of Rs 403.59 crore, up 23 per cent from Rs 328.68 crore in 2024-25. Its total income also rose over 29 per cent to Rs 6,928.83 crore from Rs 5,353 crore in FY25.

Continue reading at Economic Times

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INDIA MARKET | Tue, 2 Jun 2026, 1:01PM IST Sensex Today | Stock Market LIVE Updates Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices were trading 0.31 per cent and 0.26 per cent down, respectively

Continue reading at Business Standard

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INDIA BUSINESS | Tue, 2 Jun 2026, 1:01PM IST Shift towards systematic monthly investing and guaranteed return plans is reshaping how younger and older Indians alike approach long-term wealth security

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INDIA MARKET | Tue, 2 Jun 2026, 12:56PM IST South Korean stocks hit a record high Tuesday, driven by tech giants like Samsung Electronics and Naver, fueled by hopes of AI collaboration with Nvidia. Despite a volatile trading session, the KOSPI closed higher. Meanwhile, consumer inflation surged to a two-year peak, potentially prompting monetary tightening. Foreign investors continued their selling spree.

Continue reading at Economic Times

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GLOBAL NEWS | Tue, 2 Jun 2026, 12:53PM IST The proposal marks the latest effort by the administration to rebuild its tariff agenda through Section 301 investigations.

Continue reading at The New York Times

1h

INDIA MARKET | Tue, 2 Jun 2026, 12:52PM IST At 11:30 IST, the barometer index, the S&P BSE Sensex, slipped 265.04 points or 0.36% to 74,000.21. The Nifty 50 index lost 104.65 points or 0.45% to 23,277.95.

Continue reading at Business Standard

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INDIA MARKET | Tue, 2 Jun 2026, 12:52PM IST Ola Electric Mobility fell 1.34% to Rs 39 after the electric vehicle maker announced the launch of a qualified institutions placement (QIP) to raise funds from institutional investors.

Continue reading at Business Standard

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INDIA MARKET | Tue, 2 Jun 2026, 12:52PM IST Suryoday Small Finance Bank (SFB) added 2.73% to Rs 167.45 after the bank announced that its board is scheduled to meet on Thursday, 25 June 2026 to consider raising funds through mix of equity and debt instruments.

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INDIA MARKET | Tue, 2 Jun 2026, 12:52PM IST Thacker & Company Ltd, HLE Glascoat Ltd, SKM Egg Products Export (India) Ltd and HCL Infosystems Ltd are among the other gainers in the BSE's 'B' group today, 02 June 2026.

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INDIA MARKET | Tue, 2 Jun 2026, 12:51PM IST Concord Biotech Ltd, ACME Solar Holdings Ltd, Sky Gold & Diamonds Ltd and Tata Consultancy Services Ltd are among the other gainers in the BSE's 'A' group today, 02 June 2026.

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INDIA BUSINESS | Tue, 2 Jun 2026, 12:49PM IST Aquapulse has secured 45 crore in a funding round led by NABVENTURES. This capital will boost farm technology and disease management. The company will also expand its farmer network in eastern India. Processing and export operations will scale up. Aquapulse connects small shrimp farmers to global markets, ensuring stable revenue and transparency.

Continue reading at Economic Times

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INDIA MARKET | Tue, 2 Jun 2026, 12:49PM IST Sensex Today | Stock Market LIVE Updates Tuesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices were trading 0.40 per cent and 0.30 per cent down, respectively

Continue reading at Business Standard

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INDIA CURRENCY | Tue, 2 Jun 2026, 12:47PM IST The RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid capital outflows and rising oil prices, according to Bloomberg Economics. The move suggests policymakers are prioritising liquid forex reserves as Middle East tensions pressure the rupee.

Continue reading at Economic Times

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INDIA MARKET | Tue, 2 Jun 2026, 12:37PM IST The management said the company continues to maintain a robust order book of 1,940 crore, providing strong revenue visibility and a healthy project pipeline across key segments.

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INDIA NEWS | Tue, 2 Jun 2026, 12:37PM IST Gujarat Mineral Development Corporation Ltd (GMDC) is set to develop Indias first AI-powered rare earth supply chain observatory in collaboration with the University of Cambridge. The project is structured as a phased two-year programme with an investment of 600,000.GMDC has entered into a strategic collaboration with the University of Cambridge to establish a dedicated Rare Earth Observatory at GMDCs International Centre of Excellence in Mining, the company said in a regulatory filing on Tuesday.Also read: India, US seal critical minerals and rare earths pact amid global supply chain raceThe Observatory will deliver an interactive intelligence platform that tracks the complete Rare Earth Elements (REE) value chain in real time from mine to magnet covering price movements, processing capacity, supply disruptions and geopolitical risk across global REE supply chains.Deploying AI, the initiative aims to deliver scalable, operationally deployable intelligence tools that position Gujarat and India at the forefront of rare earth supply chain resilience.The Observatory would unite GMDCs ground-level mining expertise with the Institute for Manufacturing (IfM) at Cambridge, which is internationally recognised in critical mineral supply chains, ESG integration and AI-driven industrial analytics."With Indias rare earth permanent magnets consumption projected to double by 2030 driven by electric vehicles, renewable energy and defence actionable, real-time supply chain intelligence is now a national strategic priority," GMDC said.The planned observatory will directly address this gap by providing the evidence base for policy calibration, industrial procurement and strategic stockpiling decisions."Rare earth elements are not a commodity story they are a sovereignty story," Roopwant Singh, Managing Director at GMDC said, adding, " The Observatory we are building with the University of Cambridge is GMDCs contribution to solving that challenge at national level creating an AI-driven intelligence architecture for the REE value chain that India had never before."

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 2 Jun 2026, 12:37PM IST Gujarat Mineral Development Corporation Ltd is partnering with the University of Cambridge to create India's first AI-powered rare earth supply chain observatory. This initiative will track the entire rare earth elements value chain in real time. It aims to enhance India's position in rare earth supply chain resilience. The project will provide crucial intelligence for policy and strategic decisions.

Continue reading at Economic Times

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INDIA MARKET | Tue, 2 Jun 2026, 12:31PM IST Mutual funds sharply increased holdings in 10 high-conviction stocks during the March 2026 quarter, signaling rising institutional confidence, even as eight of the companies delivered negative returns in CY26.

Continue reading at Economic Times

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INDIA MARKET | Tue, 2 Jun 2026, 12:28PM IST E2E Networks share price has rebounded 135 per cent from its 52-week low of 1,832, touched earlier this year on January 12, 2026

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INDIA MARKET | Tue, 2 Jun 2026, 12:25PM IST Vedanta shares dipped over 1% following reports of Enforcement Directorate searches at its offices concerning royalty payments to its parent company. This comes after a significant corporate restructuring involving the demerger of several business units. Despite recent rating upgrades, the stock remains under scrutiny.

Continue reading at Economic Times

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INDIA BUSINESS | Tue, 2 Jun 2026, 12:24PM IST The Coca-Cola Company as its asset-light strategy, is divesting its bottling assets globally

Continue reading at The Hindu

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INDIA BUSINESS | Tue, 2 Jun 2026, 12:19PM IST As the Strait of Hormuz remains under Iranian control amid the ongoing West Asia conflict, Qatar has quietly resumed some LNG exports by adopting tactics more commonly associated with the oil industry's shadow fleet. LNG carriers are increasingly switching off transponders, travelling in pairs, and making dark transits through the chokepoint to reduce the risk of attacks and avoid attracting attention.

Continue reading at Economic Times

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