Hindustan Petroleum Corporation Ltd (HPCL) has appointed Vikas Kaushal as its new Chairman and Managing Director (CMD) for a five-year term. This is the first time a private-sector executive has been chosen to lead a public sector oil company in India. As of March 11, 10:17 AM, Hindustan Petroleum Corp Ltd is trading at ₹328.70, …
Premier Explosives Limited (PEL) has formalised a joint venture agreement with Global Munition Limited (GML), a subsidiary of NIBE Ordnance and Maritime Limited. The partnership aims to strengthen the production capabilities in the defence and aerospace sector. This strategic collaboration marks a significant milestone in the industry by leveraging the expertise of both entities. Purpose …
Aditya Birla Capital Limited (ABCL) has invested ~₹300 crore in its wholly owned subsidiary, Aditya Birla Housing Finance Limited (ABHFL). This investment was made on a rights basis. Despite this investment, ABCL’s shareholding percentage in ABHFL remains unchanged at 100%. Nature and Purpose of Investment Since ABHFL is a wholly owned subsidiary of ABCL, this …
Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has strengthened its portfolio with fresh orders amounting to ₹843 crore. This follows its previous disclosure on March 6, 2025, reflecting the company’s continued growth in India’s defence sector. These orders enhance BEL’s contribution to national security by supplying cutting-edge technology to the armed forces. …
New Delhi, Mar 11 (PTI) Jindal Stainless Ltd (JSL) on Tuesday said the company is in the process of investing Rs 700 crore in decarbonisation projects to achieve its net-zero goals by 2050. The investments will continue over next five years to set up various environment-friendly projects, which include renewable energy, green hydrogen, biodiversity conservation, …
Arkade Developers share price climbed 4.4% on the BSE, reaching an intraday high of ₹158.55. The rise came after the company’s promoter and director, Amit Mangilal Jain, purchased 1,00,000 shares through an open market transaction. This purchase represents 0.05% of the company’s total paid-up capital. By 12:29 PM, the stock was trading 2.17% higher at …
On March 11, 2025, NLC India share price will be in focus as the state-owned mining giant said it has received in-principle approval from its board of directors on March 10, 2025, to raise external commercial borrowings (ECB) equivalent to $200 million in Japanese Yen, with an additional green shoe option. “We write to inform that the …
On Tuesday, March 11, 2025, NAPS Global India shares made a strong debut on the stock exchanges The shares of NAPS Global India were listed at ₹108 on the BSE SME, marking a 20% listing gain or ₹18 above the issue price of ₹90 per share. However, the stock briefly touched a 5% lower circuit, falling to …
India’s leading consumer goods company, Godrej Consumer Products, is set to gradually increase soap prices to safeguard its margins as palm oil costs continue to rise. CEO Sudhir Sitapati, told Reuters in the southern Indian state of Tamil Nadu, that while the company aims to widen margins, it will avoid sudden price hikes to minimise …
The Indian Railway Finance Corporation (IRFC) has recently announced an upcoming Board Meeting to discuss the declaration of the Second Interim Dividend for the financial year 2024-25. Here’s everything you need to know about this important update. Key Details of the IRFC Dividend Announcement Board Meeting Date: Monday, March 17, 2025. Purpose: To consider the …
