Govt launches scheme for imported EVs

NEW DELHI: Govt on Tuesday opened the window for auto companies to sell imported EVs by paying lower duty in return for promising to invest in the country. While Tesla has opted to stay out, doors have been shut for Chinese companies, such as BYD.Heavy industries and steel minister H D Kumaraswamy said four-five companies…

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KPIT Technologies: This stock has surged remarkably since hitting its 52-week low in April; should you invest?

Price analysis indicates that whilst the stock trades under 5 and 200-DMA, it maintains positions above 10,20,30,50 and 100-DMA in daily charts. (AI image) KPIT Technologies Ltd, a prominent Indian IT company, has seen a significant increase of over 30% from its lowest point in April 2025. KPIT Technologies’ shares have demonstrated robust performance, breaking…

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Hindalco to acquire US-based AluChem for $125 million, to expand global specialty alumina footprint; targets 1 million tonnes by FY30

Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, on Tuesday announced it will acquire US-based AluChem Companies Inc for $125 million (approximately Rs 1,075 crore) in an all-cash transaction to strengthen its global specialty alumina portfolio.In a regulatory filing, Hindalco said the deal will be executed through its step-down wholly-owned subsidiary, Aditya…

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Top stock picks for this week: Which stocks have scored a 10/10 on Stock Reports Plus? Check list

The selection of weekly recommendations aims at delivering practical insights for organisations demonstrating robust financial health. (AI image) For optimal investment choices, here is a curated list of companies that have received top ratings from Stock Reports Plus, combined with “Strong Buy/Buy” recommendations according to the Institutional Brokers’ Estimate System (IBES).The selection of weekly recommendations,…

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