Coal India Ltd (CIL), a Maharatna public sector company, has officially incorporated Coal Gas India Ltd., a joint venture (JV) with GAIL (India) Ltd. This move marks Coal India’s expansion into the synthetic natural gas (SNG) sector, aligning with its diversification strategy. Formation and Structure of Coal Gas India Ltd. On Tuesday, March 25, GAIL …
The Nifty Bank Index, commonly known as Bank Nifty, is a benchmark index that tracks the performance of the 12 banking stocks listed on the National Stock Exchange (NSE) of India. It is a sectoral index under the broader Nifty 50 and plays a crucial role in India’s financial markets. On March 26, 2025, 11:45 …
Zomato has been in focus on Wednesday. On March 26, 2025, Zomato share price opened at ₹202.35, down from its previous close of ₹209.81. At 10:04 AM, the share price of Zomato was trading at ₹204.93, down by 2.33% on the NSE. As of the same time, the stock price touched its day’s low at …
HEG Ltd has been in focus on Wednesday. On March 26, 2025, HEG share price opened at ₹480.00, up from its previous close of ₹483.00. At 10:56 AM, the share price of HEG was trading at ₹509.05, up by 5.39% on the NSE. As of the same time, the stock price touched its day’s high …
TVS Motor Company has announced that its wholly owned subsidiary, TVS Motor (Singapore) Pte. Ltd., will acquire an additional 8.26% stake in The GO Corporation (GO AG), a Switzerland-based e-mobility company. As of 12:15 PM on March 26, TVS Motor Company share price is trading at ₹2,427.15, up ₹5.65 (0.23%) for the day, up 3.77% …
Bank of India (BOI) has raised $400 million through a dollar-denominated syndicated loan, marking its first such deal in over a decade. The bank last accessed offshore loan markets in 2012 when it secured a $200 million two-year facility. Strong Demand Increases Loan Size The loan, initially planned at $300 millio,n was increased by $100 …
Oil and Natural Gas Corporation Ltd (ONGC), today, on March 25, 2025, announced a ₹3,300 crore investment in its wholly owned subsidiary, ONGC Green Limited (OGL). The investment will be made through a rights issue of equity shares. As of 12:10 PM on March 26, shares of Oil and Natural Gas Corporation share price were …
DLF Limited, on March 25, 2025, announced that its wholly-owned subsidiary, DLF Home Developers Ltd (DHDL), has acquired the remaining 49.997% stake in DLF Urban Private Limited (DUPL) from Reco Greens Pte Ltd for ₹496.73 crore. The acquisition was formalised through a Securities Purchase Agreement executed on the same day. As of 12:02 PM on …
Advait Energy Transitions Ltd, today, on March 25, 2025, confirmed that it has emerged as the L1 (lowest) bidder for the OPGW-04 package floated by Power Grid Corporation of India Ltd (PGCIL). The contract involves the supply and installation of Optical Ground Wire (OPGW) and communication equipment across various transmission lines in India. The project …
Indegene Ireland, a wholly owned subsidiary of Indegene Ltd., has entered into an agreement to acquire MJL Communications Group Ltd. and its subsidiary MJL Advertising Ltd. The acquisition will be executed on a debt-free, cash-free basis, for a total consideration not exceeding GBP 3.4 million. This includes purchase consideration, earnouts, bonuses, and adjustments for net …
