On March 4, 2025, as of 12:18 PM, the BSE Sensex was down 0.20% at 72,941.90, while the Nifty 50 was down 0.23% at 22,067.80. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng SBIN 693 717.35 692.1 713.5 2.62 BEL 253.89 265.68 252.5 263.4 …
Jupiter Wagons informed the exchanges that Jupiter Electric Mobility (JEM), the electric vehicle arm of the Jupiter Group, has taken a major step in supporting India’s Atmanirbhar Bharat vision with the launch of its flagship electric light commercial vehicle (e-LCV), the JEM TEZ. The company also inaugurated a cutting-edge EV manufacturing plant in Pithampur, Indore, …
Poonawalla Fincorp Limited has introduced PL Prime Digital 24×7, a fully digital personal loan product aimed at salaried professionals. This industry-first offering enables eligible customers from prime corporates to access loans of up to ₹15 lakh instantly, with approvals in just 15 minutes. The process is entirely paperless, ensuring a seamless borrowing experience without collateral. …
UltraTech Cement, the flagship company of the Aditya Birla Group, expects India’s cement demand to exceed 640 million tonnes per annum (MTPA) by FY30. According to the company’s latest investor presentation, the demand is projected to grow at a CAGR of 7-8% between FY24 and FY30, based on industry estimates and research reports. In FY24, …
Bengaluru-based electric vehicle (EV) manufacturer Ola Electric is once again in the spotlight for layoffs, with reports suggesting that the company plans to cut over 1,000 payroll employees and contract workers to reduce its losses. However, there has been no official confirmation from Ola Electric regarding these reports. Mass Layoffs Across Departments According to news …
Shares of Granules India gained nearly 1% on Tuesday, March 4, 2025, reaching ₹477 at 10:03 AM (IST) after the Life Insurance Corporation of India (LIC) increased its stake in the pharmaceutical company to 5.02%. LIC Increases Stake to 5.02% in Granules The state-owned insurance giant purchased an additional 17.83 lakh shares of Granules India between January …
Zen Technologies announced on Monday (March 3) that it has been granted its third patent for the T-90 Tank Simulator, specifically for the Containerised Driving Simulator System (T-90 DS). This latest patent further cements Zen’s position as a leading innovator in military training simulation technology. The patent, filed on March 24, 2022, is valid until …
IndiGrid Investment Managers announced on Monday (March 3) that its wholly-owned subsidiary, IndiGrid 2 Private Ltd, has received a Letter of Intent (LoI) from REC Power Development and Consultancy Ltd for an inter-state transmission project under the tariff-based competitive bidding (TBCB) framework. Project Overview and Scope IndiGrid 2 Private Ltd has been awarded the project …
RBL Bank has announced a significant reshuffling of its leadership team, appointing Narendra Agrawal as President & Head of Branch Banking and Retail Liabilities and T.S. Pari as Chief Operations Officer (COO). The strategic move aims to bolster the lender’s retail banking franchise and enhance operational efficiency. New Appointments to Drive Growth and Efficiency Narendra …
Adani Green Energy Limited (AGEL) has successfully refinanced a $1.06 billion construction-linked loan for its solar-wind hybrid renewable cluster in Rajasthan. The refinancing, provided by Power Finance Corporation (PFC). At 9:50 AM, Power Finance Corporation’s share price showed a decline of 0.97%, trading at ₹376.00, down ₹3.70 from its previous close of ₹379.70. Meanwhile, Adani Green Energy’s share …
