In a significant development for Niva Bupa Health Insurance Company Limited, the Insurance Regulatory and Development Authority of India (IRDAI) has formally approved the re-appointment of Mr Krishnan Ramachandran as the Chief Executive Officer and Managing Director. This re-appointment will be effective from 1 May 2025 and continue until 30 April 2030. Regulatory Approval and …
On April 23, 2024, Max India Limited announced an update on the capital raising plan via rights issue, which was approved by the Board of Directors on April 15, 2025. Max India Rights Issue Record Date The company, in an exchange filing, announced that it has approved the terms for the proposed Rights Issue as outlined …
Adani Hydro Energy Five Ltd, a step-down subsidiary of Adani Green Energy Ltd., has entered into a power purchase agreement with Uttar Pradesh Power Corporation Limited (UPPCL). The agreement is for 1,250 megawatts of energy storage capacity from pumped hydro storage projects. It was signed on April 23, 2025, the company did not share any …
Biocon Ltd has received board approval to raise up to ₹4,500 crore through the issue of securities. The company may use methods including qualified institutional placements (QIP), rights issues, preferential allotments, or private placements. The issuance can be done in one or more phases, depending on how the plan progresses. As of 10:00 AM on …
NBCC (India) Limited has secured new work orders with a combined value of approximately ₹64.67 crore. The contracts involve infrastructure development work in Odisha, Telangana, and Delhi. All three projects were awarded as part of the company’s regular business activity. As of 9:48 AM on April 24, 2025, NBCC share price was trading at ₹100.06, …
Shriram Properties Limited has acquired a land parcel measuring around five acres in Yelahanka, located in North Bengaluru. The estimated gross development value (GDV) of the project is between ₹200 crore and ₹250 crore. As of 9:52 AM on April 24, 2025, Shriram Properties share price was trading at ₹83.88, down 1.14% for the day, …
Nestle India reported a consolidated net profit of ₹873.46 crore for the quarter ended March 2025, marking a 6.5% decline from ₹934.17 crore in the same quarter last year. At the standalone level, the company posted a net profit of ₹885 crore, down 5.3% from ₹934 crore in the previous year. Revenue Growth Despite the …
Nestle India share price fell by 0.55% to ₹2,420 at 12.18 PM. The company has announced its FY25 financial results today. The company posted a net profit of ₹885.4 crore, nearly in line with street expectations of ₹892 crore. Its revenue from operations came in at ₹5,503 crore, also close to the expected ₹5,530 crore. …
India’s two largest private sector banks, ICICI Bank and HDFC Bank, recently announced their financial results for FY25, offering a comprehensive view of their performance. While both institutions have shown consistent growth, a deeper look at key financial metrics reveals how they stack up against each other across profitability, asset quality, and market positioning. ICICI …
Persistent Systems Limited announced its audited financial results for the quarter and year ended March 31, 2025. Post the announcement, on April 24, 2025, Persistent Systems share price opened at ₹5,272.00, up from its previous close of ₹5,163.50. At 12:13 PM, the share price of Persistent Systems was trading at ₹5,295.50, up by 2.56% on the NSE. Full-Year …
