TVS Holdings Ltd., the promoter entity of TVS Motor Company Ltd., recently made headlines with its announcement of an interim dividend and a plan to raise funds through Non-Convertible Debentures (NCDs). Let’s delve into the details of these developments and what they mean for investors and the company. Interim Dividend Announcement At its board meeting …
Tata Consultancy Services (TCS) has embarked on a groundbreaking journey with Ramboll, a global architecture, engineering, and consultancy giant, headquartered in Denmark. This multimillion-dollar, seven-year partnership aims to revolutionize Ramboll’s IT infrastructure, driving business growth, reducing costs, and enhancing sustainability. Challenge Ramboll’s remarkable growth, including numerous mergers and acquisitions, had led to a complex and …
On March 21, 2024, Tata Communications Ltd said that the company’s board had approved the proposal to hive off its digital services business to its wholly-owned subsidiary, Novamesh Ltd. Details of the Hive-Off Proposal Tata Communications Ltd stated in an exchange filing, “The Board of Directors of Tata Communications Limited, at its meeting held today, …
On March 21, 2024, Bharti Airtel informed in the exchange filings that the Department of Telecom has imposed a penalty of about ₹4 lakh on the company for violating subscriber verification norms in Delhi and Bihar circles. Details of the Fine and Violations According to a stock exchange filing by Bharti Airtel, the Department of …
On Thursday, a dovish stance from the Fed and positive global signals prompted widespread buying in the market. The Sensex surged by 0.75%, ending the day at 72,641.19, while the Nifty rose by 0.79% to close at 22,011.95. BSE-listed companies collectively added Rs 5 lakh crore in market capitalization. Leading the gainers were sectors like …
To revolutionize the logistics landscape for Micro, Small, and Medium Enterprises (MSMEs) and Large Enterprises, Blue Dart, South Asia’s premier express air and integrated transportation & distribution company, has launched a cutting-edge Unified Shipping API Software Platform. This groundbreaking initiative aims to empower businesses across India, providing them with the tools to streamline their logistics …
About Partnership The U.S. rail market is experiencing a resurgence, driven by increasing competition and evolving passenger demands. Brightline Trains, a leading provider of high-speed rail services in Florida, is at the forefront of this transformation. To maintain its competitive edge and offer the most attractive fares to its customers, Brightline has partnered with RateGain …
The benchmark index S&P BSE 500 opened today at 31,292.38 and made its day high at 31,489.76, and it is trading in green today, up by more than 1.30% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% today. IRB Infrastructure Developers …
On Wednesday, the benchmark indices were trading in the green with the Sensex down around 720 points or 1% at 72,808, while the Nifty-50 was up around 228 points or 1.05% at 22,066. About 2,641 shares have advanced; 471 declined; and 112 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On March 20, 2024, the Nifty 50 rose by 0.10% to close at 21,839, while the Sensex increased by 0.12% to finish at 72,101. The US Central Bank’s monetary policy meeting is expected this week, potentially leading to market volatility. Foreign Institutional Investors (FII) experienced a sell-off of approximately ₹2,599 crore, whereas Domestic Institutional Investors …
