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INDIA STOCKS-Indian shares pare early gains as caution sets in ahead of election outcome

Indian shares pared early gains on Friday to trade slightly higher, with caution setting in ahead of the outcome of the national elections next week. The NSE Nifty 50 was up 0.2% at.

Australian shipbuilder Austal secures $516 million contract from US navy

Austal Ltd has secured a $516 million contract to construct the lead ship of the United States Navy s ocean surveillance program, T-AGOS 25, the Australian defence shipbuilder said in an exchange.

India s IndiGo airline evaluating in-flight safety announcements, exploring software

IndiGo s operator Interglobe Aviation is evaluating its in-flight safety announcements and has run trials on a new software related to passengers safety and comfort, the airline said on Friday. .

Indian asset recast firms misused by tainted promoters, cenbank deputy says

Asset reconstruction companies are being misused by tainted promoters to enter the bankruptcy process after leading their firms to loan defaults, a deputy governor at the Reserve Bank of India. -May 31, 2024 at 05:48 am EDT - MarketScreener

India s April infrastructure output rises 6 2% y/y

India s infrastructure output in April rose 6.2% year-on-year, compared with a revised 6% growth in March, government data showed on Friday, backed by strong electricity and steel output. . -May 31, 2024 at 07:33 am EDT - MarketScreener

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