On April 01, 2024, the Indian Renewable Energy Development Agency Ltd (IREDA) released its Business Performance for the Quarter / Year Ended 2023-24 (Provisional). In the exchange filing, the company stated that it has recorded the highest-ever loan sanctioned at ₹37,354 crore and loan disbursement at ₹25,089 crore during FY 2023-24. Loan Book stands at …
On April 2, 2024, Mankind Pharma Limited informed the stock exchanges that the company’s board had approved the sale of its Over The Counter (OTC) business to a yet-to-be-incorporated wholly-owned subsidiary. Details of the Sale and Subsidiary On Tuesday, Mankind Pharma held a board meeting and informed the stock exchanges that the board of the …
Exploring Employee Costs Across Tata Group In recent headlines, the Tata Group has captured attention with speculations swirling around its plans to introduce a series of public issues within the next few years, breaking a trend of minimal public offerings over the past two decades. While concrete details on these potential public issues remain elusive, …
Naman In-Store (India) Limited is a retail furniture and fittings company that provides retail solutions to various industries and retail outlets, debuted on the Indian stock market today. The stock of Naman In-Store India opened at Rs 125 per share on the NSE, indicating an impressive 40.45% premium over the final issue price of Rs …
About Agreement BASF India Limited, a leading chemical company, has signed a significant agreement to secure renewable energy for its manufacturing site in Mangalore, Karnataka. This move demonstrates BASF’s commitment to sustainability and aligns with the Indian government’s push for clean energy adoption. The agreement is a 25-year Power Purchase Agreement (PPA) with Clean Renewable …
On April 2, 2024, Tata Technologies informed the stock exchanges that the company had executed a Joint Venture Agreement with BMW Holding B.V., Netherlands (BMW). Details of the Joint Venture Agreement Tata Technologies and BMW Holding B.V., Netherlands, entered into a joint venture agreement on Tuesday. As per the exchange filing, the joint venture will …
On April 1, 2024, Nazara Technologies informed the stock exchanges that the company’s step-down subsidiary, Nazara Technologies, Mauritius (Nazara Mauritius), which is based out of Mauritius, has entered into a definitive agreement with Lychee Ventures and NZMobile Nigeria Limited, a wholly-owned subsidiary of Nazara Mauritius, for the purpose of sale and transfer of its existing …
On April 01, 2024, the Board of Directors of Aditya Birla Fashion and Retail Ltd (ABFRL) authorised the company to evaluate the vertical demerger of the Madura Fashion & Lifestyle business from ABFRL into a separately listed company. The company added that the proposed demerger would allow the creation of two separately listed companies as …
On April 1, 2024, IIFL Finance Ltd sent a surprising ripple through the financial world. They announced the acquisition of equity shares worth ₹284.40 crore in NSE Limited, India’s leading stock exchange. The acquisition, approved by NSE Limited itself, involves purchasing shares from FIH Mauritius Investments Ltd., a related party of IIFL Finance, as per …
On April 01, 2024, the online food delivery service provider Zomato Ltd announced that it had received an order passed by the Commissioner, Adjudication, Central Tax, Delhi. The order includes the demand of service tax of ₹92,09,90,306, along with applicable interest (not quantified) and penalty of ₹92,09,90,306 for the period October 2014 to June 2017. …
