Reliance Infrastructure Limited has incorporated two new subsidiaries: Reliance MoEVing Pvt Ltd and Reliance GreenTech Mobility Pvt Ltd. These companies will operate in the automobile and related activities industry. Incorporation Details Reliance Infrastructure Limited officially announced the incorporation of two new subsidiaries on January 10, 2025. The newly formed entities, Reliance MoEVing Private Limited and …
The Nifty Smallcap 100 index witnessed a steep decline of over 4% on January 13, 2025, marking its worst single-day fall since August 2024. This drop extended the index’s losing streak to 4th consecutive sessions, during which it lost a total of 9.71%. After a stellar performance in 2023 and 2024, the start of 2025 …
Windlas Biotech, an esteemed pharmaceutical enterprise headquartered in India, excels in the manufacturing and distribution of a diverse portfolio of generic pharmaceutical products, over-the-counter (OTC) medicines, and active pharmaceutical ingredients (APIs). Received GMP Certification The prestigious certification, bestowed by the Food Safety & Drugs Administration Authority of Uttarakhand, follows a meticulous inspection conducted in December …
Signature Global has completed the acquisition of a 16.12-acre land parcel in Sector 71, Southern Peripheral Road, Gurugram, Haryana, at a cost of approximately ₹300 crores. The real estate company plans to develop a premium residential project on this site, with a total saleable area potential of 27-28 lakh square feet. Previously under a joint …
On January 13, 2025, Indian markets fell for the third straight session, starting the week on a negative note. The Sensex dropped 1048.90 points (1.36%) to close at 76,330.01, trading within a range of 77,128.35 to 76,249.72 during the day. The Nifty50 also closed lower, down 345.55 points (1.47%) at 23,085.95. It reached a high …
India’s electronics manufacturing sector has experienced remarkable growth over the past decade, with total production rising from ₹2.4 lakh crore in 2014 to ₹9.8 lakh crore in 2024. Mobile manufacturing alone has reached ₹4.4 lakh crore, with exports amounting to ₹1.5 lakh crore in 2024. Today, 98% of the mobile phones used in India are …
On January 13, 2025, Standard Glass Lining shares made a strong debut listing at ₹172 on the NSE, reflecting a 22.8% premium over its issue price of ₹140. On the BSE, it opened at ₹176, marking a 25.71% increase from the issue price. Standard Glass Lining IPO Details The ₹410 crore Standard Glass Lining IPO …
On January 13, 2025, the Indian stock market witnessed heavy selling and as a result, the BSE Sensex closed 1.36% lower at 76,330.01, while Nifty50 dipped 1.47% to 23,085.95. During the significant selling, many stocks, including Adani Wilmar and Shakti Pumps hit circuit limits, reflecting significant price movements. Here is the list of stocks hitting lower and upper circuits …
The government has partially restored the allocation of affordable natural gas (APM gas) to city gas retailers, including Indraprastha Gas Ltd (IGL), Adani Total Gas, and Mahanagar Gas Ltd. This move follows a significant reduction in gas supplies in late 2024, which had forced retailers to increase prices and rely on costlier alternatives. APM Gas …
IREDA plans to launch its ₹4,500 crore Qualified Institutional Placement (QIP) in the current January-March quarter, as confirmed by IREDA CMD Pradip Kumar Das. While the exact details are yet to be disclosed, Das emphasised the need to maintain investor confidence as the company moves forward with the QIP. The government, which currently holds a …
