-- Vishnu Chemicals (NSE:VISHNU, BOM:516072) has extended the temporary shutdown for routine maintenance at its manufacturing plant in Parwada, Visakhapatnam, Andhra Pradesh, according to a Tuesday filing on Indian bourses.
Shares of the company fell nearly 1% in Wednesday's trade.
However, the company expects operations at the plant to resume within a week, the filing said.
China's state-backed "Big Fund" is in talks to lead DeepSeek's next fundraising round at a $45 billion valuation, Financial Times reported Tuesday.China Integrated Circuit Industry Investment Fund, which already backs SMIC and other semiconductor chip players, aims to spearhead the financing though final details remain unconfirmed, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
BCPL Railway Infrastructure (NSE:BCPL, BOM:542057) emerged as the lowest bidder (L1) for a contract worth around 62.3 million Indian rupees from the Howrah division of Eastern Railway, according to a Tuesday filing on Indian bourses.Shares of the company fell nearly 6% in Wednesday's trade.The project involves replacement of old and rusted cantilever assemblies in the Howrah division, the filing said.
Morale across Germany's chemical industry weakened in April as businesses consider the "slight" rebound in the current situation due to the Iran conflict-related supply chain disruptions unsustainable amid rising costs and material shortages.The business climate index dropped to -29 points, the lowest level in almost three years, from -25.1 points in March, the ifo Institute said Wednesday. The indicator for the current business situation improved to -27.1 points from -31.2 points as demand for local products increased.At the same time, price expectations plunged to -30.9 points from -18.6 points amid material shortages and plans to lower production in the coming months.