FSN E-Commerce Ventures Limited, the parent company of Nykaa, has announced the incorporation of a new wholly owned subsidiary, Nykaa Essentials Private Limited. The newly formed entity is registered in Mumbai, Maharashtra, and is set to expand Nykaa’s footprint in the beauty and personal care (BPC) segment. Business Focus Nykaa Essentials Private Limited will operate …
Shares of Tata Motors Ltd. registered a significant jump of 3.6% on Wednesday, March 12, hitting an intraday high of ₹671.90 on the NSE. This sharp rise came after the company’s Chief Financial Officer (CFO) held an analyst meet on Tuesday, where he provided a reassuring outlook on the company’s future trajectory. The surge also …
Carysil, a leading manufacturer of kitchenware and appliances, has made strategic moves to strengthen its global presence. The company recently secured a major supply agreement in the United States and expanded its ownership in a UK-based subsidiary. These developments reflect Carysil’s commitment to growth and international expansion. Carysil’s Major Supply Agreement in the US On …
Zydus Lifesciences has announced the acquisition of an 85.6% stake in France-based Amplitude Surgical SA for €256.8 million. The deal will be followed by a mandatory cash tender offer for the remaining shares at the same purchase price of €6.25 per share. If completed, the full acquisition would be valued at €300 million, leading to …
On March 12, 2025, IndusInd Bank shares are experiencing significant volatility following their largest single-day drop on record the previous day. The stock initially plunged by as much as 7% in early trading on March 12 but quickly rebounded from its lows. At 10:20 AM, IndusInd Bank share traded with a gain of over 4% and reached …
Waaree Renewable Technologies Ltd (WRTL) has received a Letter of Award (LOA) worth ₹740.06 crore for Engineering, Procurement, and Construction (EPC) work on a 125 MWAC (181.3 MWp DC) solar power project. The order, awarded by a major power distribution company(name undisclosed), includes turnkey execution along with operation and maintenance services. As of March 12, …
TVS Motor Company Ltd announced on Tuesday that its shareholding in the Indian Foundation for Quality Management (IFQM) has declined to 18.18% following a fresh allotment of shares to other investors. Stake Falls Below Associate Company Threshold In a regulatory filing, TVS Motor stated, “We wish to intimate that Indian Foundation for Quality Management (IFQM) …
CG Power and Industrial Solutions Ltd (CG) has signed a long-term supply agreement with Kinet Railway Solutions Limited for the supply and servicing of railway components. The agreement includes propulsion kits, motors, transformers, and other railway products. As part of this agreement, CG has secured a purchase order worth ₹400-450 crore to supply railway components …
PB Fintech Ltd, the parent company of Policybazaar, has announced its plan to invest up to ₹696 crore in PB Healthcare Services Private Limited, its wholly owned subsidiary. This investment, which will be executed through the purchase or subscription of equity shares and compulsory convertible preference shares (CCPS), is expected to take place during the …
News reports suggest that The Adani Group will revive its US investment plans after President Donald Trump has suspended the enforcement of the Foreign Corrupt Practices Act (FCPA). The ports-to-energy conglomerate had earlier pledged US$10 billion to numerous American infrastructure projects. However, it put its plans when the US Department of Justice (DOJ) indicted its …
