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3 min read
Mumbai, May 26: Following the close of the subscription period, the allotment for M R Maniveni Foods IPO is awaited and is expected to be finalised on May 27, 2026. The ₹27.04 crore bookbuilding issue received 1.74 times subscription, according to exchange data. The IPO was entirely a fresh issue of 52,00,000 shares. The issue opened on May 22, 2026, and […]

4 min read
Mumbai, May 27: Cummins India reported its strongest-ever financial performance for FY26, driven by sustained demand across domestic markets, improved operating leverage and healthy profitability growth. The Board approved audited results for the year ended March 31, 2026, showing total sales of ₹11,950 crore, an increase of 18% from the previous year. Domestic sales, which remain the company’s primary growth […]

3 min read
Mumbai, May 27: Oil prices retreated on Wednesday after surging nearly 4% in the previous session, as investors assessed developments surrounding US-Iran negotiations and the possibility of easing tensions in the Middle East. Brent crude futures fell around 1.5% to trade near $98 per barrel, while US West Texas Intermediate crude also declined, slipping closer to the $92 mark. […]

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