Adani Realty, the real estate arm of the Adani Group, is reportedly planning a mega township in Panvel, Navi Mumbai, marking one of the largest real estate investments in the Mumbai Metropolitan Region (MMR) in recent years. Tentatively titled Adani Panvel, the project will span over 1,000 acres and is estimated to involve an investment …
According to a report by Mint, HDFC Bank has initiated strict internal measures after discovering that some employees facilitated the creation of temporary deposit accounts at the end of the quarter. The aim was to inflate deposit figures using unutilised working capital limits from business clients, thereby artificially improving the bank’s financial position in regulatory …
KBC Global Ltd, a Nashik-based real estate and construction company, has announced a significant equity fundraising initiative through its wholly-owned UK subsidiary, Dharan International Limited (DIL). The total proposed capital raise is £69.975 million (approximately ₹793.75 crore), triggering investor interest and pushing the KBC Global share price over 2 per cent in early trade on …
Varun Beverages reported strong financial results for Q1 CY2025, with revenue increasing by 28.9% year-on-year (YoY) to ₹55,669.4 million, up from ₹43,173.1 million in Q1 CY2024. The company also saw its consolidated sales volume grow by 30.1%, reaching 312.4 million cases in Q1 CY2025, compared to 240.2 million cases in the same period last year. …
Ambuja Cements, part of the Adani Group, has achieved a significant milestone by surpassing 100 million tonnes per annum (MTPA) cement production capacity. This accomplishment positions the company as the ninth-largest cement producer globally. The capacity jump was driven by a series of strategic moves, including the acquisition of Orient Cement and brownfield expansions …
V-Mart Retail Ltd. has informed stock exchanges that its Board of Directors will meet on Thursday, May 2, 2025. One of the key items on the agenda is to consider and approve a proposal for issuing bonus shares. As of 9:53 AM on April 30, 2025, V Mart Retail share price was trading at ₹3,301.40, …
In a notable move set to reshape India’s digital consumption landscape, Free Stream Technologies, Lava International, and Human Mobile Devices (HMD) Global have jointly announced plans to launch Direct-to-Mobile (D2M) phones. This announcement, made just ahead of the World Audio Visual and Entertainment Summit (WAVES) 2025 in Mumbai, signals a fresh chapter in accessible digital …
Endurance Technologies Ltd. plans to set up a new manufacturing unit in Mindewadi, Maval, Pune, Maharashtra. This plant will produce lithium-ion battery Packs that can be used in electric mobility and energy storage systems. Key Investment Details The company will spend around ₹473 million on this project. It will be funded through the company’s own …
DOMS Industries Limited has announced that its Board of Directors has approved the acquisition of an additional 13% stake in Pioneer Stationery Private Limited (Pioneer), a subsidiary of the company. This acquisition will be made from certain existing shareholders, as part of the ongoing strategic expansion of DOMS Industries in the paper stationery market. The …
In a strategic move to broaden its financial services portfolio, MobiKwik has officially established Mobikwik Financial Services Private Limited (MFSPL), a wholly-owned subsidiary aimed at offering comprehensive non-banking financial services. This initiative marks a significant step for the digital payments giant, as it looks to expand its footprint in the financial sector. MobiKwik’s New NBFC …
