On February 11, 2025, the Indian stock market continued its downward trend, with both the BSE Sensex and NSE Nifty50 closing over 1% lower. Investors were worried about US President Donald Trump’s new tariff policies, which led to a sharp sell-off. The Sensex dropped 1,018.20 points (1.32%) to close at 76,293.60 after swinging between a …
Mumbai Indians (MI), the franchise owned by Reliance Industries Limited (RIL), has expanded its global cricket footprint by partnering with Oval Invincibles, the London-based franchise in The Hundred. This latest addition strengthens MI’s presence in international cricket, now boasting seven teams across 4 continents and 5 countries in both men’s and women’s formats. Strengthening a …
Dynamatic Technologies Limited, a leading aerostructure manufacturer in South Asia, has joined forces with Deutsche Aircraft, a regional aircraft OEM, at Aero India 2025. This collaboration not only strengthens Deutsche Aircraft’s supply chain resilience but also aligns with India’s “Make in India” initiative, further reinforcing the country’s growing presence in the global aerospace sector. The …
Electric vehicle (EV) sales in India continued their upward trajectory in January 2025, as per data from the Federation of Automobile Dealers Associations (FADA). The industry registered a total of 1,69,931 units, marking a 17.1% year-on-year (YoY) increase and a 19.4% month-on-month (MoM) rise. This growth was driven primarily by passenger EVs and two-wheelers, while …
AstraZeneca Pharma India Ltd. has come under regulatory scrutiny after receiving a warning letter from the National Stock Exchange of India (NSE). The notice, issued on 7 February 2025, cites non-compliance with SEBI’s Listing Obligations and Disclosure Requirements (LODR). The company failed to meet the mandatory quorum for an audit committee meeting, prompting NSE to …
Sona BLW Precision Forgings Ltd has made significant amendments to its business transfer agreement (BTA) with Escorts Kubota, expediting the timeline for acquiring the Railway Equipment Division (RED). Additionally, the company has approved the purchase of an industrial plot in Faridabad to support its expansion plans. Revised Timeline and Transaction Terms Sona BLW Precision Forgings …
On February 10, 2025, SAMHI Hotels Ltd. announced the signing of a Share Purchase Agreement (SPA) for the sale of its wholly owned subsidiary, Duet India Hotels (Chennai OMR) Private Limited. The agreement, executed between SAMHI Hotels Ltd., Duet Chennai OMR, and Greenpark Hotels and Resorts Limited, outlines the sale of a 100% stake in …
Shares of LS Industries Ltd (LSIL) have taken a hit, falling 4.99% today to ₹64.56 by 10:20 AM. Over the last five days, the stock has dropped 9.96%, and in the past month, it has lost 20.98%. The decline follows an interim order from the Securities and Exchange Board of India (SEBI), which flagged suspicious …
Adani Group stocks saw a surge of up to 4% on February 11, 2025, following reports that several US Congressmen had written to the newly appointed US Attorney General, requesting a probe into the previous Department of Justice’s (DoJ) indictment of Adani Group officials. Stock Gains Across Adani Group Adani Enterprises and Adani Power saw …
Bharat Petroleum Corporation Ltd (BPCL) has signed a five-year deal with Abu Dhabi National Oil Company (ADNOC) for the supply of 2.5 million tons of liquefied natural gas (LNG), according to news reports. The agreement will see BPCL receiving 40 cargoes over the contract period, with deliveries starting in April, as per news roports. In …
