The Indian Hume Pipe Company Limited
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Sojitz Targets Profit Doubling by 2030 on Rare Earth Focus, May 28
Sojitz aims to double net profit by 2030 through rare earth elements and battery materials, reducing Japan’s dependence on Chinese supplies.
India’s First Hydrogen Train Gets Approval for Jind-Sonipat Route, May 27
Indian Railways’ first hydrogen-powered train for Jind-Sonipat route operates at 75 kmph with 1200 KW fuel cell, emitting only water vapor.
Galaxus Crypto Assets Face Regulatory Scrutiny in Switzerland, May 27
Swiss regulators scrutinize Galaxus crypto assets. GALAUSD falls 0.3%, GALAXYUSD down 85%, GALEONUSD drops 2.6% amid compliance concerns.
Galaxus Crypto Assets Tumble on May 27: GALAUSD Falls 0.3%
Galaxus crypto tokens weaken May 27: GALAUSD -0.3% to $0.00327, GALEONUSD -2.58% to $0.00603. Technical analysis shows oversold conditions.
Gordon Brothers Buys Radley Brand, Closes 21 UK Stores, May 27
Gordon Brothers acquires Radley in pre-pack administration. 42 jobs lost, 21 UK stores closing by summer. Asset-light model planned.
Nvidia Boosts Taiwan Spending to $150B Annually, Stock Holds at $213.89
Nvidia increases Taiwan spending to $150 billion annually and plans new headquarters in Taipei by 2030.
LUNR Stock Falls 8.9% After NASA Picks Rivals for Lunar Rovers, May 27
LUNR stock drops 8.9% after NASA selects Astrolab and Lunar Outpost for rover contracts. Intuitive Machines retains $180.4M payload deal.
SpaceX IPO Filing Shows $1.75T Valuation, Starlink Profit Surge on May 27
SpaceX S-1 filing shows $1.75T valuation, Starlink’s $11.4B 2025 revenue, June 12 Nasdaq IPO, and xAI merger cash burn concerns.
Coal India OFS Opens May 27: Government Sells 2% Stake at ₹412 Floor Price
Government divests 2% Coal India stake via OFS at ₹412 floor price, targeting ₹5,000 crore. Bidding: May 27 (non-retail), May 29 (retail).