A New Global Leader in Steel Market Capitalisation JSW Steel has achieved a significant milestone by becoming the world’s most valuable steelmaker based on market capitalisation. According to a report, the company reached a market capitalisation of ₹2,59,969 crore (US$ 30.31 billion), overtaking global players such as ArcelorMittal and US-based Nucor Corporation. ArcelorMittal, previously at …
In a major development, Wipro Limited has announced a strategic £500 million, 10-year partnership with Phoenix Group, the UK’s largest long-term savings and retirement business, the company said in a press release on the stock exchanges. This collaboration aims to modernise life and pension administration services for ReAssure, a Phoenix Group business, reinforcing Wipro’s growing …
Bandhan Bank has signed a Memorandum of Understanding (MoU) with the Indian Air Force (IAF) to offer the Shaurya Salary Account, a specially designed corporate salary account for defence personnel, as per news reports. Exclusive Banking Benefits for IAF Personnel Under this partnership, Indian Air Force personnel will gain access to a Zero Balance savings …
BSE Ltd., one of India’s leading stock exchanges, has announced that its Board of Directors will meet on March 30, 2025, to consider and approve a proposal for issuing bonus shares, subject to necessary approvals. Trading Window Closure as per SEBI Guidelines In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and BSE’s …
Shares of Samvardhana Motherson will trade ex-dividend tomorrow as the company has set the dividend record date as 28 March, 2025. Those who hold the stock before the ex-dividend date (28 March) will be eligible for a ₹0.50 per share dividend. Here’s a look at the company’s dividend history and what investors should consider. Samvardhana …
JB Chemicals share price will be in focus today. This follows news of global private equity firm KKR to sell its stake of 10.2% from JB Chemicals. The sale is worth US$300 million. It will be completed through a block deal via KKR’s affiliate Tau Investment Holdings. Details of KKR’s Block Deal The floor price …
Indian stock markets may open cautiously on Thursday due to weak global cues. While foreign inflows are improving, concerns over US trade policies have impacted global markets. The GIFT Nifty rose 17 points to 23,510.5 at 7:50 AM, suggesting a slightly positive start. Asian markets declined following Wall Street losses. Japan’s Nikkei dropped 1.16%, and …
The NIFTY 50 index closed at 23,486.85, down 0.77%, marking the end of a seven-session rally. It opened at 23,700.95, climbed to a high of 23,736.50, and dropped to a low of 23,451.70 during the trading session. Stocks Under F&O Ban on Nifty’s Weekly Expiry Day (Mar 27) Ahead of the Nifty weekly expiry on …
Shares of Tata Motors, the parent company of Jaguar Land Rover (JLR), are expected to be in focus on Thursday, March 27, after US President Donald Trump announced a 25% tariff on imported cars not manufactured in the US. The tariffs will take effect on April 2, coinciding with Trump’s announcement of reciprocal tariffs on …
Naukri.com owner Info Edge (India) Limited announced on Wednesday, March 26, that it has received an income tax demand of ₹17.05 crore under Section 143(3) of the Income Tax Act, 1961, for the assessment year 2023-24. The company disclosed the receipt of the Assessment Order and Notice of Demand dated March 25, 2025, from the …
