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MobiKwik Share Price Drops 9.16%; IPO Lock-in Expires

MobiKwik Share Price Drops 9.16%; IPO Lock-in Expires

17 March 2025

MobiKwik Systems Ltd (NSE: MOBIKWIK) saw a significant decline in its share price on March 17, 2025, following the expiry of its three-month lock-in period for pre-IPO investors.  On March 17, 2025, Mobikwik share price opened at ₹269.55, slightly down from its previous close of ₹270.65. At 10:34 AM, the share price of Mobikwik was …

Dalmia Bharat Expands Cement Capacity in Assam with ₹696 Crore Investment

Dalmia Bharat Expands Cement Capacity in Assam with ₹696 Crore Investment

17 March 2025

Dalmia Bharat announced on Saturday, March 15, that its material subsidiary, Dalmia Cement (North East) Ltd, has commenced commercial production at its newly expanded cement grinding facility in Lanka, Hojai district, Assam. The expansion adds 2.4 million tonnes per annum (MTPA) to the company’s capacity. Boost to Total Manufacturing Capacity  With this expansion, Dalmia Bharat …

Hindustan Construction Company-Tata Projects JV Secures ₹2,191 Crore Indore Metro Contract

Hindustan Construction Company-Tata Projects JV Secures ₹2,191 Crore Indore Metro Contract

17 March 2025

On March 17, 2025, Hindustan Construction Company Limited (HCC), in partnership with Tata Projects Limited (TPL), has secured a ₹2,191 crore contract from the Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) for the Indore Metro project. HCC holds a 55% share in the joint venture, valued at approximately ₹1,205 crore. Scope of the Project This …

KEC International Wins ₹1,267 Crore Orders Across Key Segments

KEC International Wins ₹1,267 Crore Orders Across Key Segments

17 March 2025

KEC International Limited has announced securing new orders totaling ₹1,267 crore across its key business segments. Transmission & Distribution (T&D) Orders The company has received Notification of Awards (NOAs) and Comfort Letters for multiple transmission and distribution projects in India and the Americas. Major orders include: 800 kV HVDC and 765 kV Transmission Line Projects …

Oriental Rail Infrastructure Wins ₹4.94 Crore Order from ICF Chennai

Oriental Rail Infrastructure Wins ₹4.94 Crore Order from ICF Chennai

17 March 2025

Oriental Rail Infrastructure Limited has received an order worth ₹4.94 crore from the Integral Coach Factory (ICF), Chennai, a key unit of Indian Railways.  Details of the Order The contract involves the supply and installation of 47 sets of seats, including fixing arrangements, for Second AC Chair Car coaches. This order further strengthens the company’s …

Castrol India Final Dividend of ₹9.50 Record Date Tomorrow, March 18, 2025

Castrol India Final Dividend of ₹9.50 Record Date Tomorrow, March 18, 2025

17 March 2025

Castrol India Limited’s Board of Directors has declared and approved a final dividend of ₹9.50 per equity share of the face value of ₹5 each for the financial year ended December 31, 2024.  On March 17, 2025, Castrol India share price opened at ₹233.90, touching the day’s high at ₹236.50, as of 9:36 AM on …

Adani Group Wins ₹36,000 Crore Motilal Nagar Redevelopment Project

Adani Group Wins ₹36,000 Crore Motilal Nagar Redevelopment Project

17 March 2025

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 …

IndusInd Bank Share Price Rises 4.08% on March 17 After RBI Statement

IndusInd Bank Share Price Rises 4.08% on March 17 After RBI Statement

17 March 2025

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 McCamish Agrees to Settle US Cyber Incident Lawsuits for $17.5 Million

Infosys McCamish Agrees to Settle US Cyber Incident Lawsuits for $17.5 Million

17 March 2025

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 …

Found a Reliance Industries Share Certificate? Here’s What You Can Do Next!

Found a Reliance Industries Share Certificate? Here’s What You Can Do Next!

12 March 2025

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 …

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