Shares of the company have gained about 40 per cent in the last six months. Garden Reach Shipbuilders & Engineers Limited (GRSE) has been awarded a contract by the People's Republic of Bangladesh for the construction of a trailing suction hopper dredger. The dredger will have a hopper capacity of 1000 cubic meters and will come with spare parts.
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From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.Of the world’s 20 largest stock markets, 14 have hit all-time highs recently. The MSCI ACWI Index, which tracks developed and emerging markets, has been on a record-breaking run, setting another new high on Friday. In the US, the S&P 500 and Nasdaq 100 indexes hit records.
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Tata Motors Group has revealed a hike in its investment outlay primarily aimed at new product and technology development. The Tata Group company has increased its investment outlay for FY25 to ₹43,000 crore. The British subsidiary, Jaguar Land Rover (JLR), is set to receive the bulk of this investment. In FY24, the group had earmarked a total of about ₹38,000 crore.
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