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A heavy-lift vessel installs an offshore converter platform as Larsen & Toubro expands its European renewable-energy infrastructure pipeline through the ultra-mega TenneT offshore wind framework. Representative image.

Did Larsen & Toubro really win Rs 55,000Cr order? Official TenneT filing points to a different figure

A smart-glasses engineering workspace reflects Magic Leap’s 269 planned job cuts as the augmented reality pioneer exits first-party devices and pivots towards supplying waveguides and optical technology for artificial intelligence glasses. Representative image.

Magic Leap layoffs rise to 269 as augmented reality pioneer abandons first-party devices

Representative image showing large-scale iron ore mining operations, reflecting investor focus on Rio Tinto plc’s capital intensity, iron ore margins, and balance-sheet pressures following its 2025 results and share price decline.

Fortescue (ASX: FMG) shares fall as $525m Iron Bridge impairment overshadows record shipments

CBIZ to be taken private by Grant Thornton in largest US accounting M&A in 25+ years

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General business news

Baldwin Group to acquire Hippo’s homebuilder network in $100m deal

Baldwin Group acquires Hippo’s builder network in $100M deal; institutional sentiment supports buy on BWIN while HIPO enters capital-light pivot.

byPallavi Madhiraju

June 12, 2025

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