NTPC Ltd’s renewable energy subsidiary is considering terminating two engineering, procurement, and construction (EPC) contracts awarded to Gensol Engineering Ltd, totaling nearly 500 MW. Additionally, a third project under consideration for award to Gensol may also be scrapped, as per news reports. An official said minimal advance had been paid in one of the ongoing …
The Bajaj Group has approached the Competition Commission of India (CCI) for approval to acquire Allianz SE’s 26% stake in their joint life and general insurance businesses, in a landmark ₹24,180-crore deal, the largest in India’s insurance sector to date. According to Bajaj Finserv’s earlier statement, Bajaj Group will raise its ownership in Bajaj Allianz …
PNB Housing Finance share price surged up to 10% on Tuesday, following the announcement of strong Q4 FY25 results. At 9:35 am, the stock was trading at ₹1,084.45 on the NSE, opening with a 7.48% gain and continuing its upward trend from the previous session. Over the last month, the stock has risen by over …
Paras Defence and Space Technologies has been in focus on Tuesday as investors keenly await key announcements from the company’s Board of Directors. On April 29, 2025, Paras Defence share price (NSE: PARAS) opened at ₹1,185.05, up from its previous close of ₹1,143.75. At 12:14 PM, the share price of Paras Defence was trading at …
Shares of One 97 Communications Ltd (Paytm) are in focus after its subsidiary, considered a joint venture (JV) for group consolidation, received a GST show cause notice of ₹5,712 crore. The Directorate General of GST Intelligence (DGGI) claims that GST should be calculated at 28% on the total entry amount, instead of 18% paid earlier …
IDBI Bank Limited reported its financial results for the fourth quarter of FY 2025. Post the announcement, on April 29, 2025, IDBI Bank share price opened at ₹84.45, up from its previous close of ₹82.72. At 11:53 AM, the share price of IDBI Bank was trading at ₹82.79, up by 0.08% on the NSE. …
Tata Technologies share price dropped by over 5% on Tuesday, April 29, to ₹662 per share after nearly 16 million shares, or 3.95% of the company’s equity, were traded in a large block deal. The names of the buyers and sellers are not yet known. A day earlier, reports suggested that TPG Rise Climate, linked …
Aurobindo Pharma shares were trading at ₹1,226.80 at 11:30 AM on the NSE, down ₹20.40 or 1.64% from the previous close of ₹1,247.20. The stock opened lower at ₹1,238.40 and touched an intraday high of ₹1,244.10, while slipping to a low of ₹1,203.40 Aurobindo Pharma Faces Minor Setback After Fire Incident According to the company, …
Adani Total Gas share price was down 0.52% and was trading at ₹613.80 on 10:07 AM today. It has reported an 8.5% rise in net profit for the Q4 of FY25. The company earned ₹155 crore during January–March 2025, up from ₹142 crore in the same period last year. The company is a joint venture between …
UltraTech Cement Ltd reported a 9.92% increase in net profit for the January–March quarter (Q4 FY25), with profits rising to ₹2,482 crore from ₹2,258 crore in the same period last year. Higher Revenue and Operational Performance The company’s consolidated net sales for Q4 FY25 stood at ₹22,788 crore, up from ₹20,069 crore in Q4 FY24. …
