On Tuesday, April 22, the board of Tata Communications Ltd., part of the Tata Group, approved a final dividend of ₹25 per share for its shareholders. According to data from the Bombay Stock Exchange (BSE), this dividend payout is the highest approved by the company’s board in over 20 years. Tata Communications Dividend History In …
LG Electronics India is to submit an updated Draft Red Herring Prospectus (DRHP) to SEBI in early May. The Initial Public Offering (IPO) size is estimated at ₹15,000 crore and will be an offer-for-sale by LG Electronics Inc., the South Korean parent company. IPO Structure and Shareholding The public issue involves a 15% stake dilution …
Ashoka Buildcon Limited has been issued a Letter of Acceptance by Central Railway for a gauge conversion project in Maharashtra. The contract covers the Pachora-Jamner section, covering approximately 53.3 kilometres. It excludes the Pachora yard and any road over-bridge works. As of 9:49 AM on April 23, 2025, Ashoka Buildcon share price was trading at …
ICICI Securities has entered into a partnership with Tata Consultancy Services (TCS) to upgrade its retail trading and brokerage platform. The announcement was made on April 22, 2025. This involves deploying TCS’s capital markets product, TCS BaNCS, as the core technology for this transition. As of 9:25 am on April 23, 2025, Tata Consultancy Services …
Jindal Stainless Limited, in collaboration with AB Energia Solutions Pvt. Ltd, has successfully commissioned a landmark solar energy project at its Jajpur manufacturing facility in Odisha. With a combined capacity exceeding 30 MWp, the installation is now the largest captive solar energy plant situated within a single industrial campus in the state. Dual Solar Setup: …
Aurobindo Pharma share price rose nearly 3% to ₹1,222.9 on the BSE after its subsidiary, Eugia Pharma Specialities, received final approval from the US FDA to manufacture and sell Dasatinib tablets in the US. By 12:22 PM, the stock was trading 2.65% higher at ₹1,219.6, while the Sensex was up 0.20%. What Is Dasatinib and …
Tata Communications Limited has further expanded its global presence by incorporating a wholly owned step-down subsidiary, TC (Shanghai) Network Services Company Limited (TCSNSCL), in China. The Certificate of Incorporation was officially issued by the Administration for Market Regulation of Lin-gang New Area in the Shanghai Pilot Free Trade Zone on April 22, 2025. The …
India’s tech sector is grabbing attention as IT stocks soar, helping major indices like the Sensex and Nifty reach new highs. The Sensex crossed the 80,000 mark for the first time since January, while the Nifty is trading steadily above 24,200. This marks the seventh consecutive session of gains. What really stands out is the …
Ambuja Cements, part of the Adani Group, has completed the purchase of 37.79% stake in Orient Cement Ltd (OCL) from its promoter, the CK Birla Group. With this acquisition, Ambuja Cements has officially become the promoter of Orient Cement. Overall Stake Rises to 46.66% In addition to buying shares from the promoter group, Ambuja also …
Varun Beverages Limited (NSE: VBL), one of PepsiCo’s largest franchise bottlers globally, has announced a significant operational milestone today. The company has officially commenced commercial production of carbonated soft drinks, juice-based beverages, and packaged drinking water at its new production facility located in Prayagraj, Uttar Pradesh. Strategic Expansion to Boost Supply Chain This strategic expansion …
