India has been making strides in its efforts to reduce dependence on fossil fuels and increase the adoption of renewable energy sources. A significant part of this effort is the National Policy on Biofuels, which aims to promote the use of biofuels like ethanol in petrol. The policy has undergone several changes, the most notable …
The Indian Banking sector is witnessing a significant moment where one of the leading banks ICICI Bank Limited is absorbing (merging) its subsidiary ICICI Securities Limited, which was listed on NSE and BSE on April 4, 2018. The significant update came after ICICI Securities through an exchange filing stated that “the National Company Law Appellate Tribunal, New …
Polycab India Limited’s share price declined for the second consecutive session, trading at ₹5,068.45 at 11:30 AM on the NSE as of 21 March 2025, down 0.29% from its previous close of ₹5,083.40. The stock opened at ₹5,100 and fluctuated between an intraday high of ₹5,139 and a low of ₹5,040.10. Adani Group’s Foray into Cables …
Bajaj Finance Limited’s share price surged to a fresh 52-week high, reaching ₹9,089, fresh 52-week high, during intraday trading on 21 March 2025. The stock opened strong at ₹9,039.95, reflecting positive investor sentiment, before experiencing some fluctuations and settling at ₹8,841.80, up 1.87% at 10:25 AM on the NSE from its previous close of ₹8,679.65. Bajaj …
On March 20, 2025, as of 12:24 PM, the BSE Sensex was up 0.87% at 77,008.58, while the Nifty 50 was up 0.81% at 23,378.50. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng GOLDTECH 48 57.57 48 57.57 19.99 TEJASNET 714.2 835 709.2 818 …
Bandhan Bank has joined forces with Salesforce to revolutionise its corporate and home loan processes. This strategic collaboration aims to harness artificial intelligence (AI)-powered solutions to enhance efficiency, reduce operational costs, and streamline the overall loan management system, as per a news report by the Economic Times. AI-Driven Innovation in Banking As a global leader …
Container Corporation of India Ltd. (NSE: CONCOR), a leading Navratna Central Public Sector Enterprise (CPSE) under the Government of India, has made a significant announcement regarding the expansion of its logistics infrastructure. The company has placed an order with M/s GATX India Pvt. Ltd. for the supply of 10 rakes of BLSS wagons on an …
The merger of ICICI Securities and ICICI Bank is a significant development in the Indian financial sector. As the integration process unfolds, stakeholders—including investors and, clients —will require timely and accurate updates to stay informed. Here’s where they can find official information regarding the merger. Stock Exchange Filings In June 2023, ICICI Securities announced its …
Centrico Insurance Repository, a subsidiary of Central Depository Services, has signed an agreement with the Life Insurance Corporation of India (LIC) to offer insurance repository services. This collaboration aims to enhance digital access and management of insurance policies. Expanding Digital Insurance Services The insurance repository system, introduced by regulators, allows policyholders to store policies electronically. …
In a landmark move signalling its evolution, Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, has revealed a refreshed brand identity aimed at repositioning the company from a traditional materials supplier to an innovation-led solutions provider. The transformation was officially announced by Group Chairman, Mr Kumar Mangalam Birla, in the presence of …
