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Driver held for illegal transport of river sand near Katpadi

The police said that the consignment was proceeding to Chengalpattu district for private contractors from Andhra Pradesh

Diesel price surge puts pressure on coal contractors

CBSE acknowledges flaws in on-screen marking system, may penalise vendor

A CBSE official who asked not to be named acknowledged the vulnerabilities and confirmed that the contractor would be penalised.

Punjab Opens New Chapter In Employee Welfare As Mann Govt Clears Regularisation Of Over 65,000 Workers

The state government said wages will be transferred directly into employees' bank accounts without deductions by agencies or contractors.

Kochi Corpn. to seek explanation from LED streetlight contractor

The Mayor announces the decision at the council meeting after councillors level severe criticism against the contractor and accuse him of indifference that exposes them to public ire

Bihar government suspends two IAS officers over corruption charges

According to Special Vigilance Unit (SVU) sources, a contractor named Rishu Shree sponsored foreign trips and bore the expenses of air travel for the IAS officers in exchange for securing contracts.

Punjab Govt To Regularise 65,000 Outsourced Employees, Scrap Contractor System In Major Workforce Reform

Punjab Cabinet abolishes contractor system, regularises over 65000 outsourced staff, eases rules for high risk workers, sets panel on dues and new corruption courts.

Six killed after tractor-trolley with 50 passengers overturns in Madhya Pradesh

Six killed after tractor-trolley with 50 passengers overturns in Madhya Pradesh

Six killed, 40 injured as tractor-trolley overturns in M.P.’s Anuppur

Around 50 people were travelling in the tractor-trolley when it overturned after the driver lost control, Additional Superintendent of Police Jagannath Markam said

Hamirpur bridge collapse: Case lodged against executing agency, contractor

The bridge is being constructed over the Betwa river about 25 km from Hamirpur town

Ashok Leyland shares fall 2% after Q4 results. Do Goldman Sachs, Morgan Stanley see any upside?

Shares of Ashok Leyland fell 2% to their day’s low of Rs 160.75 on the BSE on Friday despite reporting a consolidated net profit of nearly Rs 1,291 crore for the January-March quarter of the financial year 2026, marking a 14% year-on-year (YoY) rise from the Rs 1,130 crore in the corresponding quarter of the previous financial year.The firm’s revenue from operations, meanwhile, grew more than 17% YoY to Rs 17,246 crore during the quarter under review, as against Rs 14,695 crore in the year-ago period. Total expenses increased over 18% YoY to Rs 15,493 crore, while total income rose over 17% YoY to Rs 17,417 crore during the fourth quarter of the financial year ended March 31, 2026. Ashok Leyland shares: Buy, sell or hold?Goldman Sachs maintained its “Neutral” rating on Ashok Leyland and marginally raised the target price to Rs 162 (1% upside) from Rs 161. It noted that recent diesel price hikes of up to 8% have temporarily delayed truck replacement demand, although management expects this deferred demand to return over time as pent-up demand. Goldman Sachs added that near-term demand is likely to be supported by mining, infrastructure tippers and tractor trailers, while the LCV and IMLCV segments may continue to lag industry growth. The company has also implemented 1-1.5% price hikes in April to offset commodity inflation, though management flagged the possibility of short-term margin pressure.Morgan Stanley maintained its “Equal-weight” rating on Ashok Leyland with a target price of Rs 180, a 12% upside. It said demand trends remain resilient, although commodity inflation and rising diesel prices remain key headwinds to monitor. Morgan Stanley noted that the company has increased prices by 1-1.5% to counter commodity inflation. It also highlighted that it remained cautious on margin pressures and elevated valuations despite the favourable long-term commercial vehicle industry outlook.Motilal Oswal maintained its “Neutral” rating on Ashok Leyland and marginally raised the target price to Rs 162 from Rs 161. According to the brokerage, near-term demand is expected to be driven by mining, infrastructure tippers and tractor trailers, while the LCV and IMLCV segments could underperform the broader industry. The company has taken price hikes of 1-1.5% in April to offset commodity inflation, while management has also acknowledged the risk of short-term margin pressure. Motilal Oswal raised its FY27-29 EPS estimates by up to 1%.Nomura maintained its “Neutral” rating on Ashok Leyland but cut the target price to Rs 169 from Rs 218, implying a potential upside of around 3%. The brokerage said recent macroeconomic challenges, including higher fuel prices, rising inflation and the possibility of higher interest rates, could weigh on India’s GDP growth, with medium and heavy commercial vehicles being particularly sensitive to an economic slowdown. Also read: Up to 531% returns: 23 small & midcap multibaggers you might have missed in 2026 It added that recent dealer surveys indicate signs of weakening enquiries, reinforcing its cautious stance on the commercial vehicle cycle. Nomura also expects exports to slow in FY27. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

FIR against contractor in Bowring hospital wall collapse case

BJP MP upset with Congress govt. delaying funds for hotels

Jagadish Shettar says the State govt. has withheld crores of rupees to contractors who supply meals to hostels of Social Welfare Department

Odisha bars labour work during peak heat hours

Field-level officials have also been instructed to remain vigilant and spread awareness among contractors and workers to prevent any untoward incidents caused by extreme heat conditions