The Adani Group has emerged as the highest bidder for the ₹36,000 crore redevelopment project at Mumbai’s Motilal Nagar. This marks the conglomerate’s second major redevelopment project after securing the Dharavi redevelopment initiative. Approval from Bombay High Court Paved the Way The project win comes just a week after the Bombay High Court granted permission to the …
On March 15, 2025, the Reserve Bank of India (RBI) issued a statement addressing concerns surrounding IndusInd Bank. The central bank reassured that the financial institution remains well-capitalised and stable despite recent speculation. On March 17, 2025, IndusInd Bank share price opened at ₹705.00, up from its previous close of ₹672.35. At 9:35 AM, the …
Infosys announced on Friday, March 14, that its subsidiary, Infosys McCamish Systems LLC, has reached an agreement in principle to settle six class action lawsuits in the United States. These lawsuits stemmed from a cyber incident that was reported in November 2023. Settlement Terms and Mediation Outcome Following mediation on March 13, 2025, McCamish and …
Finding an old share certificate at home can be an exciting yet confusing experience. If you have stumbled upon a Reliance Industries share certificate from 1992, you might be wondering whether it still holds value and how to claim it. With the company’s history of stock splits and bonus issues, those few shares could now …
IT services giant Wipro announced on Friday, March 14, a strategic realignment of its Global Business Lines (GBLs) to enhance its focus on artificial intelligence (AI), cloud, and digital transformation. The restructuring aims to improve alignment with evolving client demands and will take effect from April 1, 2025. Strategic Shift to Integrated, Outcome-Driven Solutions According …
Shares of upstream oil companies—Oil and Natural Gas Corporation (ONGC), Oil India, and Reliance Industries (RIL) share price rose up to 2.5% on March 13, 2025. This gain follows the passage of the Oilfield Amendment Bill, 2024, which is expected to improve operations in the oil and gas sector. At 9:56 AM: ONGC share price …
GR Infraprojects is trading ex-dividend today after announcing an interim dividend of ₹12.50 per share (250% of its ₹5 face value). The company had declared this dividend on March 7, 2025, and set March 13, 2025, as the record date for eligible shareholders. Stock Performance As of March 13, 2025, at 9:29 AM IST, G …
Sigachi Industries Limited has signed a Memorandum of Understanding (MoU) with the Indian Navy’s INS Kalinga to promote health and fitness through the “Vizag Navy Marathon Promo cum Conditioning Programme.” The agreement was formalised on March 10, 2025, in a ceremony attended by Amit Raj Sinha, Managing Director & CEO of Sigachi Industries, and Cmde …
The Tamil Nadu government has introduced a new “mineral-bearing land tax” on limestone, which is expected to raise cement costs by around ₹10 per bag. This move will significantly impact cement manufacturers like Ramco Cements and Dalmia Bharat, while UltraTech Cement and ACC may face only a minor impact due to their limited clinker production …
Larsen & Toubro’s (L&T) Water & Effluent Treatment (WET) business, in partnership with Spain’s Lantania, has signed a contract with ACWA Power to build the Ras Mohaisen Desalination Plant in Saudi Arabia. L&T is the lead partner in this joint venture. Key Project Details Capacity: 300,000 cubic meters of water per day Scope of Work: …
