Real estate giant DLF Ltd has announced plans to invest approximately ₹20,000 crore over the next few years to complete the construction of its already launched residential projects. This move is expected to generate a total cash surplus of around ₹43,000 crore from these launched projects. In a corporate presentation uploaded on stock exchanges’ websites …
IndusInd Bank, a prominent private sector lender headquartered in Mumbai, has initiated an independent probe following the discovery of accounting discrepancies linked to its derivatives portfolio. The move comes amid heightened scrutiny over the bank’s financial reporting practices and leadership stability. The share price of IndusInd Bank was trading down by 0.53% at ₹680.05 on …
ICICI Securities is set to be delisted after the National Company Law Appellate Tribunal (NCLAT) dismissed petitions opposing the process. This marks a crucial step in ICICI Bank’s plan to make ICICI Securities its wholly-owned subsidiary. As part of the delisting process, ICICI Bank has announced March 24, 2025, as the record date for issuing …
Several companies, including Indian Railway Finance Corporation (IRFC), NMDC, and CG Power, will trade ex-dividend on Friday, March 21, 2025. This means that today is the last day for investors to buy these stocks and be eligible for the upcoming dividend payouts. Shareholders who hold these stocks by the record date will receive their dividends …
Samvardhana Motherson share price saw an upward movement today as investors awaited the company’s decision on an interim dividend for FY25. The stock opened at ₹129.99 on the NSE and quickly touched an intraday high of ₹131.37. The company has scheduled a board meeting on March 21, 2025, to discuss and approve the dividend proposal. …
RailTel Corporation of India saw its shares jump 6.2% on the BSE, reaching an intraday high of ₹316. The stock gained momentum after the company won a ₹16.89 crore order from the Ministry of Defence for laying optical fibre cable (OFC). RailTel’s Latest Order from the Defence Ministry RailTel has received a work order from …
JSW Energy Ltd successfully raised ₹800 crore through the private placement of non-convertible debentures (NCDs). The issuance is part of the company’s broader plan to secure up to ₹3,000 crore, as approved by its board in January 2025. Details of the NCD Issuance On March 20, 2025, JSW Energy’s Finance Committee approved the allotment of …
Hero MotoCorp Ltd has been in focus on Thursday. On March 20, 2025, Hero MotoCorp share price opened at ₹3,579.00, up from its previous close of ₹3,537.00. At 9:40 AM, the share price of Hero MotoCorp was trading at ₹3,592.25, up by 1.56% on the NSE. Notably, the company’s share price hit its 52-week low …
VA Tech Wabag (WABAG) has signed a non-binding term sheet to create a dedicated Municipal Platform for capital projects in the municipal sector. The platform will involve an equity investment of up to USD 100 million over the next 3 to 5 years. This initiative is being launched in partnership with an Investor Consortium, including …
In 2024, Apple and Samsung together contributed 94% of India’s smartphone exports, as per news reports. Their expanding local manufacturing played a major role in pushing India’s overall smartphone exports up by 6% year-on-year (YoY), as per news reports. Tata Electronics Reports Highest Growth Tata Electronics recorded a 107% YoY growth in 2024, making it …
