Scoreboard
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The Chicago Mercantile Exchange (CME) is reportedly exploring the launch of the world’s first rare earth futures contract. With demand for rare earths surging in clean energy and defense sectors, the move could provide price transparency, risk management tools, and a new benchmark for global supply chains.
Bajaj Steel Industries Limited has received a Letter of Intent (LOI) for a domestic order worth approximately Rs. 35 crore. The contract involves design, engineering, manufacturing, and supply of Main LT Panels, with execution expected within 10 to 12 weeks. Customer details remain confidential.
Captrust Financial Advisors has acquired Alpha Cubed Investments, a Costa Mesa, California-based RIA managing $3.8 billion in assets. The deal expands Captrust’s West Coast footprint, brings 28 employees including 16 advisors, and aligns both firms’ client-first philosophies.
Carraro India Ltd reported consolidated revenue from operations of Rs 5.7 billion and net profit of Rs 280.6 million for the December quarter of FY26. The company posted steady growth driven by higher sales volumes, improved operational efficiencies, and resilient demand across domestic and export markets.
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