Coal India Limited (CIL) has taken a significant step towards simplifying business operations by eliminating the requirement of financial coverage for its non-power sector (NPS) consumers. Previously, NPS consumers had to pay ten days’ worth of coal value in advance for coal received through the rail mode. This decision aims to reduce transactional complexities and …
The oil and gas sector is one of India’s 8 core industries and significantly impacts decision-making across key economic sectors. India’s oil demand is expected to double, reaching 11 million barrels per day by 2045. Check the best oil and gas stocks in India for March 2025, based on 5-yr CAGR and other parameters like …
The increasing demand for electric scooters in tier III and tier IV cities across India has made Ola Electric the biggest player in India’s EV industry. In February 2025, the company sold nearly 25,000 units of two-wheelers and captured over 28% of the market share, thereby surpassing its competitors, like Bajaj Auto and TVS Motor Company (at around 20,000 …
India’s chemical industry is a well-diversified sector encompassing speciality chemicals, bulk chemicals, petrochemicals, agrochemicals, polymers, and fertilizers. As of August 2024, India ranks as the 6th largest chemical producer globally and 3rd in Asia, contributing 7% to the country’s GDP. For investors looking at this growing sector, this article highlights the best chemical stocks in …
The energy sector is one of India’s eight key sectors, playing a vital role in influencing decisions across other critical areas of the economy. India’s economic growth is closely linked to its energy demands, and as such, the need for oil and gas is expected to grow, making the sector a highly attractive investment opportunity. …
On March 3, 2025, as of 12:05 PM, the BSE Sensex was down 0.53% at 72,809.07, while the Nifty 50 was down 0.52% at 22,017.55. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng ULTRACEMCO 10,319.25 10,621.80 10,283.15 10,358.20 2.27 EICHERMOT 4,827.00 4,910.95 4,827.00 4,874.15 …
Divi’s Laboratories share price fell nearly 4% on Friday, February 21, after SBI Mutual Fund reduced its stake in the company. The stock opened slightly lower at ₹5,960, compared to the previous close of ₹5,978.30. It later declined further, hitting an intraday low of ₹5,756.85, marking a 3.70% drop. Despite this decline, Divi’s Labs has …
JM Financial Limited has received an order from the Deputy Commissioner of Income Tax regarding the assessment year 2008-09. The order, issued under Section 254 read with Section 143(3) of the Income-tax Act, 1961, states that the company will receive a tax refund of ₹230 crore, including interest. The order was received on February 19, …
Mahindra & Mahindra Financial Services Ltd (MMFSL) and Mahindra Lifespace Developers Ltd (MLDL) have announced their plans to raise a combined ₹4,500 crore through rights issues. This move aims to enhance their capital base and support expansion. Mahindra & Mahindra Ltd (M&M), the parent company, has committed to fully subscribing to its entitlement and any …
Wipro Limited, a global technology services and consulting firm, has announced a $200 million commitment to its venture arm, Wipro Ventures. This marks the fourth round of funding since its inception in 2015 which is 10 years ago and aims to accelerate investments in early- to mid-stage startups. The funding brings Wipro Ventures $500 million …
