Mahanagar Gas Limited (MGL) has completed its investment in International Battery Company India Private Limited (IBC India). The acquisition, finalized on February 3, 2025, involved the purchase of 43,71,065 equity shares, giving MGL a 44% stake in IBC India’s paid-up equity share capital. The total consideration for the transaction was ₹35.35 crore. Nature of the …
NBCC (India) Ltd has revised the record date for its interim dividend. Initially set for February 14, 2025, the new date is now February 18, 2025. The decision to revise the record date comes ahead of the company’s Board Meeting on February 11, 2025, where the interim dividend will be considered and declared if approved. …
The Bombay Stock Exchange (BSE) has launched trading in US dollar-denominated Sensex derivative contracts at the International Financial Services Centre (IFSC) in GIFT City, Gujarat. These contracts will be traded on India INX, BSE’s international exchange, and will operate under a three-month trading cycle. Bombay Stock Exchange (BSE) share price stands at ₹5,524.90 as of …
Siemens Limited, the Indian arm of Siemens AG, operates across multiple domains, including industry, infrastructure, transport, and power transmission and generation. The company plays a key role in developing resource-efficient factories, resilient supply chains, smart buildings, and modern grids. Despite its strong market presence, Siemens’ stock has faced significant volatility in 2025, with a notable …
Thomas Cook (India) Limited (TCIL) has announced its intention to integrate Nature Trails, a subsidiary of Sterling Holiday Resorts, into its domestic travel portfolio. The move aligns with TCIL’s strategy to cater to the growing demand for adventure holidays, educational trips, and corporate getaways in India. The acquisition is subject to regulatory approvals, with the …
In a move towards sustainability and compliance with regulatory mandates, Indus Towers Limited has announced the acquisition of a 26% equity stake in Amplus Tungabhadra Private Limited. This acquisition aligns with Indus Towers’ commitment to renewable energy and will ensure compliance with India’s electricity laws governing captive power consumption. Indus Towers share price was trading …
On February 4, 2025, benchmark equity indices BSE Sensex and Nifty50 were trading in the green as investors monitored tariff-related news from the US. By 12 PM, the BSE Sensex had risen by 625.82 points (0.81%) to 77,812.56, while the Nifty50 was up by 184.70 points (0.79%) at 23,545.75 As of 12:22:50 IST on 04-Feb-2025, …
Emami Ltd shares remained in focus as the stock traded ex-dividend today, providing a combined payout of ₹4 per share. Investors must have bought before February 04, 2025, to qualify for the dividend. Emami Dividend Details Kolkata-based FMCG major Emami Ltd has announced the payment of its second interim dividend for the financial year 2024-25, …
According to the IEA (International Energy Agency) in the India Energy Outlook 2021, India’s primary energy demand is expected to nearly double, reaching 1,123 million tonnes of oil equivalent, as the India’s GDP is projected to grow to US$ 8.6 trillion by 2040. In the past decade, India’s refining capacity has grown from 215.1 million …
On Tuesday, February 4, 2025, the Indian benchmark indices Sensex and Nifty 50 are likely to open in green. Check out a few stocks that might be in focus during the trading session. Tata Chemicals Tata Chemicals reported a net loss of ₹21 crore for the third quarter ending December 31, 2024, compared to a net …
