Saturday, September 05
HG Infra Engineering shares surged 5.8% to their intraday high of Rs 914.30 on the BSE in early trade on Monday, November 24, after the company announced it has emerged as the L-1 bidder for a Rs 1,415 crore project awarded by the Maharashtra Metro Rail Corporation Limited (MMRCL).According to the filing, the company secured the contract jointly with Kalpataru Projects International Ltd in a joint venture arrangement. Under the terms, HG Infra Engineering will hold a 40% share in the project execution, while Kalpataru Projects will hold the remaining 60%.“We wish to inform you that H.G. Infra Engineering Limited (the “Company” or “HGINFRA”), jointly with Kalpataru Projects International Limited, has been declared as L-1 bidder by the Maharashtra Metro Rail Corporation Limited in
Gold continues to demonstrate resilience even as price volatility remains elevated, with its long-term demand drivers still firmly in place, according to HSBC Private Bank and Premier Wealth. Rodolphe Bohn, Currencies and Commodities Strategist at HSBC, said that despite short-term swings, the metal retains its appeal as a hedge against uncertainty, inflation risks, and weakening confidence in the US dollar.Gold has already posted one of its strongest performance years in decades, rising about 54% so far in 2025, making it the best annual gain since 1979. The rally has been supported by strong interest from retail buyers and persistent central bank purchasing. 125540517 Bohn noted that “gold is a powerful hedge during global economic uncertainty and enjoys strong demand from central bank
An unmanned, oval-shaped craft from flying taxi maker EHang hovers, whirring noisily like a mini-helicopter over a riverside innovation zone on the outskirts of the southern Chinese business hub of Guangzhou, part of a trial of a mini-flying taxi that once might have been found only in sci-fi films. In nearby Shenzhen, food-delivery drones already are part of daily life and a novelty attraction for tourists, even if such services cost more. In the waterfront park surrounded by high-rises, Polish tourist Karolina Trzciańska and her friends ordered bubble tea and lemon tea by phone, just to give it a try. Their drinks arrived via a drone buzzing through the drizzle about 30 minutes later. "This is the first time I'm seeing something like this, so it was super fun to see the food being deliv
