State-owned Oil and Natural Gas Corporation Ltd (ONGC) disclosed on Monday, March 17, 2025, that it has received a Goods and Services Tax (GST) demand order amounting to ₹22 crore from the Joint Commissioner, State Tax, Circle C, Jodhpur. The demand pertains to the period between April 1, 2020, and May 14, 2020. In a …
On March 18, 2025, International Gemmological Institute shares (IGI shares) will be in focus as its 3-month shareholder lock-in period ends. However, it is worth noting that the end of the shareholder lock-in period does not mean that all the shares will be sold in the Open Market but they only become eligible to be …
State-owned Bank of Maharashtra Ltd disclosed on Monday, March 17, 2025, that it has received an administrative warning from the Securities and Exchange Board of India (SEBI) for failing to conduct mandatory Nomination & Remuneration Committee (NRC) meetings during the financial years 2022-23 and 2023-24. The warning, dated March 12, 2025, was issued due to …
BLS International share price climbed over 3% on Monday after the company announced a scheduled meeting with SBI Mutual Fund. The stock surged by 3.65% to reach ₹337.25 on the BSE. As per a regulatory filing on March 15, BLS International’s management will meet with SBI Mutual Fund on March 19, 2025, through a virtual …
SBI has decided to delay its ₹15,000 crore ($1.7 billion) bond sale due to high bond yields. Despite a rate cut and improved liquidity from the Reserve Bank of India (RBI), yields have remained elevated, making fundraising less attractive. The bank now plans to tap the market in the next financial year, starting in April. …
Strides Pharma share price rose 2.8% on the BSE, reaching an intraday high of ₹603 on Tuesday. The stock gained momentum after the company’s Singapore-based subsidiary, Strides Pharma Global, announced plans to acquire a 100% stake in Amexel Pte. Ltd. At 10:30 AM, Strides Pharma was trading 2.23% higher at ₹599.10, while the BSE Sensex …
Tejas Networks share price jumped 4% on Monday after the company received a ₹123.45 crore incentive under the Production Linked Incentive (PLI) scheme for FY24. The stock hit an intraday high of ₹686.80, marking its biggest rise since February 20. However, by 9:37 AM, it trimmed gains to trade at ₹884.30, down 3.7%, while the …
Welspun Specialty Solutions share price hit the 5% upper circuit on the BSE, reaching ₹30.63 per share in Tuesday’s trade. The surge in buying interest came after the company was declared the lowest bidder (L1) for a ₹231 crore order from Bharat Heavy Electricals Limited (BHEL). At around 9:48 AM, the stock was trading 3.5% …
On March 17, 2025, Poonawalla Fincorp Limited (PFL), a part of the Cyrus Poonawalla Group and a leading NBFC focused on Consumer and MSME Lending, introduced its Commercial Vehicle (CV) Secured Loan Business. This new offering aims to support the transport and logistics industry by providing financing for small, light, intermediate, and heavy commercial vehicles, …
Power Finance Corporation Ltd (PFC) Board of Directors has declared and approved a 4th interim dividend of ₹3.50 per equity share on the face value of ₹10 each for the financial year 2024-25. On March 17, 2025, PFC share price opened at ₹388.35 and closed at ₹390.50, up by 0.55%. The stock price touched its …
