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Heatwaves to Drive AC Sales in India? Market Projected to Reach ₹50,000 Crore by 2029; Voltas, Blue Star, and Amber Enterprises Involved

Heatwaves to Drive AC Sales in India? Market Projected to Reach ₹50,000 Crore by 2029; Voltas, Blue Star, and Amber Enterprises Involved

17 March 2025

As climate change continues to push global temperatures higher, India is bracing for another scorching summer in 2025. The India Meteorological Department (IMD) has already reported that February 2025 was the warmest February since 1901, signaling an early and intense summer ahead. With rising heat waves and soaring temperatures, the demand for room air conditioners …

Allchem Lifescience (Gujarat) Files Draft Papers with SEBI for ₹190 Crore IPO; Check Details Here

Allchem Lifescience (Gujarat) Files Draft Papers with SEBI for ₹190 Crore IPO; Check Details Here

17 March 2025

Allchem Lifescience, a leading manufacturer of speciality chemicals in Gujarat, has filed preliminary papers for an IPO issue with SEBI. The company wants to raise ₹190 crore as fresh capital for funding business growth. Its promoters, Manisha Bipin Patel and Kantilal Ramanlal Patel have an offer for sale (OFS) of over 71 lakh equity shares. …

Infosys Share Price Recovers from Over 8-Month Low

Infosys Share Price Recovers from Over 8-Month Low

17 March 2025

Infosys is a leading multinational corporation specialising in next-generation digital services and consulting. With a workforce exceeding 300,000, the company plays a pivotal role in advancing human potential while enabling digital transformation for businesses across 56 countries. With over 4 decades of expertise in managing enterprise systems, Infosys seamlessly integrates cloud computing and artificial intelligence …

Maruti Suzuki India to Increase Car Prices from April 2025

Maruti Suzuki India to Increase Car Prices from April 2025

17 March 2025

Maruti Suzuki has announced that it will increase the prices of its vehicles from April 2025. The company cited rising input costs and operational expenses as the reasons behind this decision. The price hike is expected to be up to 4%, with variations depending on the model. Previous Price Hikes  This is Maruti Suzuki’s third …

IRFC Share Price in Focus as Board Considers Second Interim Dividend on March 17

IRFC Share Price in Focus as Board Considers Second Interim Dividend on March 17

17 March 2025

Indian Railway Finance Corporation (IRFC) has scheduled a board meeting on Monday, March 17, 2025, to consider the declaration of a second interim dividend for the financial year 2024-25. The decision, if approved by the board, will benefit eligible shareholders. Record Date Set for IRFC’s Second Interim Dividend To determine the shareholders eligible for the …

Mid-Day Top Gainers and Losers on March 17, 2025: Niraj Cement Structurals and NACL Industries Led Gainers

Mid-Day Top Gainers and Losers on March 17, 2025: Niraj Cement Structurals and NACL Industries Led Gainers

17 March 2025

On March 17, 2025, as of 12:32 PM, the BSE Sensex was down 0.30% at 74,047.57, while the Nifty 50 was down 0.28% at 22,460.25. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers  Symbol Open High Low LTP %chng NIRAJ 53.6 59.02 53.5 59.02 19.98 NACLIND 90.5 107.8 88.16 107.29 …

Maharashtra Seamless Secures ₹298 Crore Order, Targets Strong Volume Growth

Maharashtra Seamless Secures ₹298 Crore Order, Targets Strong Volume Growth

17 March 2025

Maharashtra Seamless Limited (MSL) has secured a significant order worth approximately ₹298 crore for the supply of seamless pipes in the oil and gas sector. The contract, awarded by a domestic entity, will be executed in phases over the coming quarters. The company remains optimistic about its growth prospects, targeting steady volume expansion in the …

Zydus Lifesciences Secures USFDA Approval for Eluxadoline Tablets

Zydus Lifesciences Secures USFDA Approval for Eluxadoline Tablets

17 March 2025

Zydus Lifesciences has achieved a significant milestone with the final approval from the US Food and Drug Administration (USFDA) to manufacture Eluxadoline Tablets, 75 mg and 100 mg. This approval grants the company a competitive edge in the US market, reinforcing its presence in the pharmaceutical industry. Final Approval Granted for Manufacturing Zydus Lifesciences has …

G R Infraprojects Emerged as a Selected Bidder For NHAI Project

G R Infraprojects Emerged as a Selected Bidder For NHAI Project

17 March 2025

G R Infraprojects Limited has been selected as the winning bidder for a major highway construction project by the National Highways Authority of India (NHAI), further strengthening its presence in the infrastructure sector. Project Award Announcement G R Infraprojects Limited has been declared the selected bidder for a highway construction project. This bid was invited …

Gensol Engineering Board Approves Stock Split and ₹600 Crore Fundraising

Gensol Engineering Board Approves Stock Split and ₹600 Crore Fundraising

17 March 2025

Gensol Engineering Ltd has received board approval for a 1:10 stock split and a ₹600 crore fundraising through the issuance of warrants and foreign currency convertible bonds. These moves come as the company faces financial strain, including loan repayment concerns and  a recent credit rating downgrade. Stock Split and Capital Expansion The board has approved …

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