Private sector lender Dhanlaxmi Bank Ltd on Wednesday (March 19, 2025) announced that its Board of Directors has approved the issuance of unsecured, non-convertible debentures (NCDs) in the form of Basel III-compliant Tier-II bonds to raise up to ₹150 crore. Fundraising Details In a regulatory filing, the bank stated, “The Board of Directors at its …
Hindustan Aeronautics Limited (HAL), a prominent manufacturer of defence and aerospace equipment, fell victim to an alleged cyber fraud when scammers, impersonating a US-based company, deceived it into making a payment of ₹55 lakh. The fraud was uncovered when HAL realised that the payment had been sent to the wrong account, as reported by Mint. …
Indian markets are expected to be impacted today. As of 6:38 AM, GIFT Nifty futures were up by 70.00 points at 23,060.00. In the previous session, the Sensex gained 147.79 points (0.20%) to 75,449.05, while the Nifty50 jumped by 73.30 points (0.32%) to 22,907.60. Here are the key stocks to watch today on March 20, …
Indian Renewable Energy Development Agency (IREDA) shares will be in focus on Thursday, March 20, after launching its first-ever issuance of perpetual bonds. The state-run renewable energy financier aims to raise ₹1,247 crore through this bond issue, which carries an annual coupon rate of 8.4%, according to the company’s exchange filing. Reason of Fundraising IREDA …
State-owned Mishra Dhatu Nigam Ltd (MIDHANI) has announced an interim dividend of ₹0.75 per equity share, representing 7.50% of the face value of ₹10 per share for the financial year 2024-25. The decision was approved by the company’s Board of Directors in a meeting held on March 19. The record date for determining eligible shareholders …
Several stocks will be in the spotlight on March 19, 2025, due to important corporate actions such as dividends, stock splits, and rights issues. The companies to watch include Axtel Industries, Blue Pearl Agriventures, Galaxy Surfactants, and Praxis Home Retail. Ex-Date Set for March 20 As per BSE data, all these companies will have their …
On March 19, 2025, metal stocks saw a strong rally, with some rising as much as 5% in intraday trading on the NSE. The surge followed the government’s announcement of a 12% safeguard duty on certain steel products for 200 days. Among major gainers: SAIL share price rose 5.04% to ₹114.40 JSW Steel share price …
ITC Hotels share price continued its upward trend, rising 6% to ₹188.20 in intraday trading on Wednesday. This follows a 6% gain in the previous session, bringing its total increase to 12% over 2 days. The stock has been rising for 3 consecutive sessions and is now close to its 52-week high of ₹189, last …
The shares of air-conditioner and refrigerator manufacturers, including Voltas (1.89%), Blue Star (2.47%), and Havells India (2.62%), witnessed gains in today’s trading session. The rally comes after the government announced the exemption of certain critical components from mandatory Bureau of Indian Standards (BIS) certification to prevent potential supply disruptions ahead of what is expected to …
In recent developments, Adani Green Energy has retracted its involvement in wind energy projects in Sri Lanka’s northeastern regions of Mannar and Pooneryn. This decision led to the withdrawal of multiple fundamental rights petitions that had been filed against these projects. Project Cancellation Amidst Environmental and Transparency Concerns In 2024, 5 fundamental rights petitions were …
