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Titagarh Rail Systems is set to expand its Uttarpara facility after acquiring 40 acres from the West Bengal government for 126 crore. This expansion will boost Vande Bharat coach and metro car production, increasing capacity to 850 cars annually by FY28. A test track will also be established for performance validation.
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Ola Electric is set to announce its Q1FY26 earnings. The report indicates a weak quarter. Losses are expected to increase year-on-year. Sales may fall due to lower volumes. Kotak Institutional Equities predicts a net loss of Rs 459 crore. Revenue is estimated at Rs 685 crore. Volumes are projected to decline to 60,000 units.
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News and Media
Andrew Bailey tells the Times "I really do believe the path is downward" on interest rates.
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News and Media
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