JTL Industries has deployed Direct Forming Technology (DFT) at its production facility in Mangaon, Maharashtra. This upgrade will significantly enhance its existing steel tube production capacity. DFT will accelerate the direct creation of various hollow section sizes without requiring roll changes. This will speed up production by eliminating setup time. Benefits of DFT to JTL …
ICICI Securities has officially merged with ICICI Bank, making it a wholly owned subsidiary. With all necessary approvals secured, the merger scheme is now effective, leading to ICICI Securities’ delisting from stock exchanges. This move is expected to streamline operations and strengthen ICICI Bank’s financial services. Record Date and Share Swap In a disclosure on …
On March 25, 2025, L&T-Cloudfiniti, a top technology solutions provider, has announced strategic partnerships with 3 AI startups, including one from Europe. These collaborations aim to revolutionise healthcare, life sciences, conversational AI, and regulated industries through advanced AI-driven solutions in India and globally. Key Partnerships Hanooman AI – Transforming Healthcare & Life Sciences L&T-Cloudfiniti has …
Bajaj Finserv share price surged 3% in intra-day trading on March 25, 2025, reaching ₹1,955.50—its highest level since October 3, 2024. The stock had previously hit a record high of ₹2,029 on September 27, 2024. So far in 2025, it has outperformed the market with a 25% gain, while the BSE Sensex has declined by …
Punjab National Bank (PNB) has asked customers to update their Know Your Customer (KYC) details by April 10, following the Reserve Bank of India’s (RBI) guidelines. The bank’s advisory applies to customers whose accounts are due for KYC updates by March 31. Documents Required for KYC Update To keep their accounts active, customers must provide …
HCL Technologies (HCLTech) and Western Union have announced a strategic partnership to drive innovation and transformation in the financial services industry. This collaboration positions HCLTech as Western Union’s largest preferred partner, leveraging advanced AI and digital solutions to enhance operational efficiency and customer experience. Enhancing Digital Capabilities with AI and Cloud Solutions Western Union will …
Sterling and Wilson Renewable Energy Limited has announced the appointment of Mr. Ajit Pratap Singh as its new Chief Financial Officer (CFO), effective from 24th March 2025. This decision follows the recommendations of the Nomination and Remuneration Committee and the Audit Committee. Leadership Transition Mr Ajit Pratap Singh will replace Mr Sandeep Mathew, who has …
Ola Electric Mobility Ltd.’s share price is in focus as it settled all outstanding dues with Rosmerta Group, bringing an end to the legal proceedings between the two entities. The resolution involves Ola Electric’s wholly owned subsidiary, Ola Electric Technologies Pvt. Ltd., and follows a petition filed by Rosmerta under Section 9 of the Insolvency …
IndusInd Bank Ltd has received a penalty order of ₹30.15 crore from the Joint Commissioner of CGST & Central Excise, Thane Commissionerate. The order was issued on March 24, 2025, under Section 122(1)(ii) of the CGST Act, 2017, citing various GST-related issues. The bank stated in a regulatory filing that it is evaluating legal options …
Hyundai Motor India Ltd. has approved an investment of ₹694 crore to set up a local tooling centre. According to a stock exchange filing on Monday, the facility will focus on the manufacturing of stamping tools and panel production for vehicles. The tooling centre is expected to support operations at the company’s existing Chennai plant …
