Som Distilleries and Breweries Limited (SDBL) has announced a major expansion move through its subsidiary, Woodpecker Greenagri Nutrients Private Limited. The company is setting up a greenfield project at Khimsepur, Farrukhabad in Uttar Pradesh, comprising a brewery, distillery, and other manufacturing facilities. The project, with an estimated investment of ₹600 crore, is expected to strengthen …
Adani Power Limited (APL), a subsidiary of the Adani Group, is the largest private-sector thermal power producer in India. With an operational capacity of 17.55 GW, its power plants are strategically spread across Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Gujarat, Madhya Pradesh, Tamil Nadu, and Jharkhand. s. GST Demand Order: A Legal Dispute in Progress Adani Power …
Transformers and Rectifiers (India) Limited (TARIL), a leading transformer manufacturer in India, has recently secured domestic and international orders amounting to ₹350 crore. These contracts involve the supply of transformers and reactors for the Adani Group in India and international clients in Iraq and Australia. The orders will be executed by the next financial year, …
On March 3, 2025, the Indian benchmark indices ended lower, whereby Nifty 50 fell 0.02% to 22,119.30 while Sensex dropped 0.15% to 73,085.94. Top Gainers of the Day Symbol Open High Low LTP %chng BEL 247.5 258.9 244.36 257.5 4.57 GRASIM 2,328.50 2,382.90 2,317.90 2,380.00 3.18 EICHERMOT 4,827.00 4,928.00 4,827.00 4,914.00 2.94 JSWSTEEL 959 981.55 …
Piramal Enterprises Ltd (PEL) has received a tax demand of ₹1,502 crore from the Maharashtra GST Department related to the sale of its pharmaceutical business to Piramal Pharma Ltd (PPL) in the financial year 2020-21. The order, issued on February 27, 2025, includes tax, interest, and penalties. Following the announcement, shares of Piramal Enterprises Ltd …
Glenmark Pharmaceuticals Inc, USA, the Subsidiary of Glenmark Pharmaceuticals Ltd announced the launch of Acetylcysteine Injection, marking an expansion of its injectable product portfolio. Glenmark’s version received FDA approval based on existing safety and efficacy data from the reference drug, acetadote injection. About Acetylcysteine Injection In a parallel development, Glenmark announced the acquisition and introduction …
Bandhan Bank’s share price declined by 1.08% on March 3, 2025, closing at ₹139.67, down ₹1.52 from the previous close of ₹141.19. The stock opened at ₹142.10 and reached an intraday high of ₹144.19, before slipping to a low of ₹138.90. The stock gained close to 4% in the last 2 trading sessions. RBI’s Move Boosts …
Reliance Industries shares declined for the second straight session amid delays in battery production under India’s PLI scheme, with concerns over missed deadlines and potential penalties, as per Economic Times news reports. RIL’s Missing Battery Production Deadline A unit of Reliance Industries Ltd., led by billionaire Mukesh Ambani, is under scrutiny for failing to establish …
NTPC has achieved its fastest-ever 400 BU power generation milestone in FY25 within 335 days, 12 days earlier than last year, showcasing its efficiency and ongoing expansion in renewable energy projects. NTPC Sets a New Benchmark NTPC Ltd., India’s largest power utility, has achieved a historic milestone by generating 400 Billion Units (BU) of electricity …
Dalmia Bharat Ltd has announced a strategic ₹3,520 crore investment to expand its cement production capacity in Karnataka and Maharashtra. This move includes a new clinker and grinding unit at its Belgaum plant and a greenfield grinding unit in Pune, boosting its total capacity to 55.5 MnTPA. Dalmia Bharat’s share price traded at ₹1,695, up 0.43% …
