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Welspun Corp (NSE: WELCORP) hits record high after $412.5m US order lifts backlog to $4.7bn
Welspun Corp has secured the largest HFIW pipe order in its US subsidiary’s history, pushing the global order book to approximately ₹45,000 crore and extending a stock rally that has already transformed valuation expectations.
IDP Education (ASX: IEL) trades 24% below Blackstone’s bid days after board rejects A$2.50 offer
The immediate takeover excitement around IDP Education has already cooled. After jumping above A$2 following the rejected Blackstone proposal, the shares ended September 25 at just A$1.91, leaving a striking gap to the private-equity offer.
Defence Holdings secures second UK Government contract as ALRT tests commercial scale
Defence Holdings PLC has secured its second UK Government customer contract as its first Ministry of Defence pilot approaches completion, strengthening evidence of commercial traction while leaving revenue scale, repeatability and capital efficiency as the next tests for the software-led defence strategy.
ACC heads into Q2 results and Ambuja merger vote with margins under pressure
ACC Limited has closed its trading window ahead of Q2 FY27 results just as shareholders prepare to vote on its merger with Ambuja Cements Limited, putting weak Q1 margins, fuel-cost pressure and the proposed One Cement Platform firmly in focus.
Goodluck India defence arm raises Rs 276cr as shell capacity heads to four lakh units
Goodluck Defence and Aerospace Limited has completed a ₹276 crore preferential equity issue as Goodluck India Limited pushes deeper into high-margin defence manufacturing, with artillery-shell capacity planned to rise from 1.5 lakh to 4 lakh units annually by September 2027.
Revathi Equipment (NSE: RVTH) shareholders approve Rs 175cr Semac related-party transaction limit
Revathi Equipment India Limited shareholders have approved up to ₹175 crore of material related-party transactions with Semac Construction Limited, a ceiling equivalent to about 122% of FY26 consolidated revenue as the drilling-equipment manufacturer works through weaker annual earnings, rising working-capital requirements and a volatile share price.
Cintas revenue tops $3bn as margins hit record and UniFirst review continues
Cintas raised fiscal 2027 guidance after organic growth reached 8.9%, while the Federal Trade Commission continues reviewing its proposed acquisition of UniFirst.
Zee Learn faces Rs 821cr NCLT insolvency plea after ACRE invokes guarantee
Zee Learn Limited and subsidiary Digital Ventures Private Limited face fresh Section 7 insolvency applications from Assets Care & Reconstruction Enterprise Limited over an alleged default of about ₹821 crore, escalating a long-running debt dispute only days after ACRE invoked a ₹818.23 crore corporate guarantee.
DCM Nouvelle (NSE: DCMNVL) AGM puts Rs 27.5cr Q1 profit rebound and chemicals drag in focus
DCM Nouvelle Limited has completed its 10th Annual General Meeting after entering fiscal 2027 with a sharp earnings rebound. Consolidated Q1 profit reached ₹27.53 crore, but continuing losses at its specialty-chemicals subsidiary mean the September quarter will test whether the improvement can be sustained.
Nubank–Monzo talks put £10bn valuation on transatlantic digital banking bet
Brazil’s Nubank is reportedly in early-stage talks over a potential combination with British digital bank Monzo, potentially valuing Monzo at between £8 billion and £10 billion as both companies pursue international expansion from very different starting points.