Nazara Technologies Ltd. has received approval from the National Company Law Tribunal (NCLT), Mumbai bench, for its resolution plan to acquire Smaaash Entertainment Pvt. Ltd. The tribunal’s order was passed on May 7, 2025. The resolution plan was submitted under the Insolvency and Bankruptcy Code, 2016, and was accepted with modifications related to the term …
The state-owned Coal producer, Coal India Limited, declared its financial results for the quarter and year ended March 31, 2025. After reporting a mixed performance, Coal India recommended a final dividend of ₹5.15 per share for the Financial Year 2024-2,5 subject to approval of shareholders at AGM, in addition to the interim dividend paid for …
Blusmart, the electric cab-hailing service, may soon see a major change in ownership. Investors, led by BP Ventures, are in talks to buy out founder Anmol Singh Jaggi to revive the company, which stopped operations in mid-April 2025. Why This Buyout Matters The buyout could help protect investors’ money, keep drivers employed, and bring Blusmart’s …
Zaggle Prepaid Ocean Services share price saw a strong rise of 9.2% on Thursday, reaching an intraday high of ₹355 per share on the BSE. The rally came after the company announced that it had entered into a significant agreement with Grant Thornton Bharat LLP. Stock Performance and Market Overview At 11:45 AM, Zaggle shares …
The Reserve Bank of India’s (RBI) draft guidelines on loans against gold jewellery could significantly affect the growth trajectory of specialised gold loan non-banking financial companies (NBFCs), potentially prompting operational shifts. As per Crisil Ratings, the draft, released in April, seeks to standardise regulatory norms across all lending institutions and address inconsistencies in gold loan …
Sonata Software’s share price rose nearly 5% on Thursday, hitting an intraday high of ₹414.95 on the BSE after the company reported solid Q4 results. Stock Performance and Market Overview At around 9:51 AM, Sonata share price was trading at ₹401.70, up 1.22% from the previous close. In comparison, the BSE Sensex was almost flat, …
IFFCO-Tokio General Insurance has entered the surety bonds market to help the infrastructure sector in India. This move is expected to improve trust and reduce risks in large projects by offering an alternative to traditional bank guarantees. What Are Surety Bonds? Surety bonds are legal agreements involving 3 parties—the contractor, the project owner (usually a …
Punjab National Bank’s (PNB) share price stood at ₹94.54 as of 8 May, 2025, reflecting a modest gain of ₹0.29 or 0.31% at 10:40 AM on the NSE from its previous close of ₹94.25. The stock opened at ₹95.50, reached a high of ₹95.80, and recorded a low of ₹93.38 during the trading session. Punjab National …
Symphony Ltd share price surged over 10% in morning trading on Thursday following the release of its Q4 FY25 results and a dividend announcement. The results were published after market hours on Wednesday. Q4 FY25 Results Show Strong Growth In the January–March quarter (Q4 FY25), Symphony posted a 64.6% jump in its consolidated net profit …
Ardour Investment Holding Ltd., a promoter of Adani Green Energy Ltd, has converted over 7.61 lakh warrants into the same number of equity shares. The total value of this conversion is ₹84.6 crore, according to the company’s stock exchange filing on Wednesday. Difference Between Warrants and Equity Warrants are like a future promise to buy …
