Bright News

Mumbai,  February 24, 2026 :  Gold has entered a structural repricing phase, supported by weakening trust in global monetary systems, rising geopolitical tensions, tightening physical supply, and a clear shift in how countries manage their reserves,  according to the latest Precious Metals Quarterly Report by Motilal Oswal Financial Services Limited. Gold prices crossed the USD 5,000 per ounce mark in early 2026, marking one of the strongest long-term bull phases in modern history. The report highlights that this rise is not driven by a single event, but by several long-term forces coming together and reshaping the global financial landscape. Historical Context and Real Rates: A Structural Shift Historically, gold has performed best when confidence in monetary systems weakens and governments face rising fiscal pressure, rather than during routine economic slowdowns. While gold has traditionally moved in the opposite direction of real interest rates, the report notes that ...

Launches Two- Wheeler and Medium & Heavy Commercial Tyre Range, marking a pivotal step in BKT’s long ‑ term growth roadmap for the Indian market Mumbai, February 24, 2026:  Balkrishna Industries Limited (BKT), a global leader in the Off‑Highway Tyre (OHT) segment,  today  announced its landmark entry into India’s consumer tyre market with the launch of its On‑Highway portfolio. Marking a strategic expansion beyond its OHT leadership, BKT introduced purpose‑built products for Two‑Wheelers (scooters and motorcycles) and Medium & Heavy Commercial Vehicles (M&HCV), underscoring its long‑term commitment to India’s fast‑growing consumer and replacement tyre segments. The company simultaneously launched its national brand campaign, ‘ Elevate Your Drive ’, featuring brand ambassador  Ranveer Singh , marking the start of its consumer brand journey and signalling a new chapter for the home-grown global tyre manufacturer. A New Brand Chapter: BKT Tyres & BK...

The company boasts a portfolio of 180+ projects across five Indian cities and Dubai The development office is located in Lower Parel Mumbai,  February 24, 2026 :  Casagrand Premier Builder Limited,  today  inaugurated its development office in Mumbai, expanding its operational presence in western India. Casagrand is a well-known residential brand in South India and is the largest developer in the residential sector of Chennai during the period January 1, 2017, to June 30, 2025. (Source: CBRE Report). The office was inaugurated by  Ms. Shaina NC, a renowned Indian politician , in the presence of  Mr. Arun Mn, Chairman & Managing Director, Casagrand Premier Builder Limited , along with the senior management team. The development office is located at, 11th Floor, Tower B, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013. Incorporated in 2003, Casagrand focuses on delivering product-driven solutions within committed timelines. The...

Mumbai,  February 23, 2026 :  PNGS Reva Diamond Jewellery, which is a retail focused jewellery brand involved in the business of sale of a wide range of jewellery made using diamond and precious and semi-precious stones, has garnered Rs   170.58 crore from anchor investors ahead of its initial public offering that opens for public subscription on  February 24.  The company informed the bourses that it allocated 44,19,200 equity shares at Rs 386 per share to anchor investors. Some of the marquee institutions that participated in the anchor include Citigroup Global Markets Mauritius, Societe Generale, Astorne Capital VCC - Arven, Aanjay Ageless AIF Fund, and Holani Venture Capital Fund - 1.  Amongst equity- oriented schemes, the company has allocated shares to Tata India Consumer Fund and Groww Mutual Fund - Large Cap Fund. Out of the total allocation of 44,19,200 equity shares to the anchor investors, 11,91,744 were al...