Reliance Jio has signed an agreement with SpaceX to introduce Starlink’s satellite internet in India. This comes just a day after Bharti Airtel announced a similar partnership. However, the deal is subject to SpaceX receiving approval from the Indian government to offer Starlink services. Under this partnership, Jio and SpaceX will explore ways to integrate …
After winning the Dharavi slum redevelopment project, the Adani Group has now secured another massive redevelopment project in Mumbai—Motilal Nagar. The project, worth ₹36,000 crore, is located in Goregaon (West) and covers 143 acres, making it one of the city’s largest housing redevelopment initiatives. Adani Group Wins Against L&T Adani Properties Pvt Ltd (APPL) emerged …
On Wednesday, March 12, 2025, the Indian IT sector witnessed a sharp decline, with the Nifty IT index plummeting over 3% as fears of a potential US recession rattled investor sentiment. The decline has now pushed the index into bear market territory, having plunged 22% from its 52-week high of 46,088.90, recorded in December 2024. …
On March 12, 2025, BSE Sensex closed 0.10% lower at 74,029.76, while Nifty50 fell 0.12% to 22,470.50. Amidst the market volatility, stocks like Carysil Ltd, Sepc Ltd, and Axiscades Technologies hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today. Stocks That Hit Upper Circuit on March 12, 2025 Symbol LTP %chng …
The Competition Commission of India (CCI) has given the green light to ONGC-NTPC Green Pvt Ltd (ONGPL) for acquiring Ayana Renewable Power Pvt Ltd in a deal valued at ₹19,500 crore ($2.3 billion). ONGPL is a 50:50 joint venture between ONGC Green (OGL) and NTPC Green Energy Ltd (NGEL). As per the CCI’s statement: “The …
SEPC Ltd., a leading civil construction firm, witnessed over 19% surge in its share price during early trading on Wednesday. This came after the company announced a significant framework agreement with the Riyadh-based ROSHN Group for infrastructure development in Saudi Arabia. The deal marks a major step forward for SEPC, reinforcing its presence in the …
As per news reports, Vodafone Idea (Vi) has failed to submit a bank guarantee (BG) worth ₹6,090.7 crore or make a cash payment of ₹5,493.2 crore to the Department of Telecommunications (DoT) by the deadline of March 10, 2025. This payment was required to cover the shortfall from the 2015 spectrum auction. The government is …
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 …
