Wednesday, September 23
The National Highways Authority of India (NHAI) plans to open bids for 124 highway and expressway projects worth ₹3.4 lakh crore in 2025–26. The combined length of these upcoming road projects is estimated at 6,376 kilometres, reported PTI on Friday.Among the major corridors in the pipeline is the Gorakhpur–Kishanganj–Siliguri stretch (476 km), which will be developed under the Hybrid Annuity Model (HAM). Another key route, the Tharad–Deesa–Mehsana–Ahmedabad package-1 (106 km), will be tendered under the Build-Operate-Transfer (BOT) model.The NHAI also plans capacity augmentation work on the Pampore (Srinagar) to Qazigund section of NH-44 (48 km). This will include the construction of service roads and grade-separated structures and will be awarded under the Engineering Procu
Hindustan Unilever Ltd (HUL) appointed Priya Nair, president of parent Unilever’s Beauty and Wellbeing division, as its new managing director and CEO, effective August 2025. With this move, Nair becomes one of the few women to head a major publicly listed Indian company.Her appointment comes at a time when gender representation in top corporate roles remains skewed. A McKinsey report published earlier this year noted that women hold less than 20% of C-suite positions in India, despite relatively higher representation at entry levels. The report pointed to low recruitment, high attrition, and limited career advancement as major hurdles for women in corporate India.Nair joins a small but notable list of women leading top listed firms. This includes;Prabha NarasimhanCompany: Colgate-Palmoli
Believing that Suzlon Energy Ltd (SUEL) stands to benefit from local content mandates, a strong order book ensuring revenue visibility, and improved execution via land acquisition and EPC expansion, domestic brokerage firm Motilal Oswal has assigned its highest-ever target price for the stock at Rs 82.Motilal Oswal has given a “Buy” rating and sees an upside potential of 24% from Thursday’s closing price on the BSE.“SUEL stands to benefit from regulatory tailwinds mandating local content, a robust order book providing strong revenue visibility, and execution improvements through proactive land acquisition and EPC expansion initiatives,” the brokerage said in a note.The Revised List of Models and Manufacturers (RLMM) notification mandating local content in wind turbines is expecte
Shares of Belrise Industries jumped 16.4% to a record high of Rs 119.2 on Friday, extending their four-day rally following a bullish note from global brokerage Jefferies.Jefferies initiated coverage on the stock with a ‘Buy’ rating and a price target of Rs 135. The brokerage expects strong earnings growth backed by rising two-wheeler (2W) demand, product premiumisation, and expansion in four-wheeler (4W) and export segments.“We expect 12% revenue and EBITDA CAGR and 18% EPS CAGR over FY25–28E, along with deleveraging. Belrise’s 18x FY26 PE is attractive given the growth outlook,” Jefferies said in its note.Also Read: SBI, HDFC Bank among 10 banking stocks in Antique’s top picks that may rally up to 50%Why Jefferies is bullish on Belrise IndustriesBelrise is one of India’s t
