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EaseMyTrip enters into a strategic partnership with Zoomcar

EaseMyTrip enters into a strategic partnership with Zoomcar

19 March 2024

About the partnership EaseMyTrip and Zoomcar have entered into strategic partnership to offer customers unparalleled convenience in their travel arrangements. With this partnership, Zoomcar’s wide range of self-drive cars have been seamlessly integrated into the EaseMyTrip platform, allowing users to book their preferred Zoomcar directly from the EaseMyTrip app offering travelers convenience and flexibility in …

These 3 stocks from BSE 500 jumped over 5% today; do you own any?

These 3 stocks from BSE 500 jumped over 5% today; do you own any?

19 March 2024

The benchmark index S&P BSE 500 opened today at 31,339.88 and made its day high at 31,339.88, and it is trading in red today, down by around 1% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Triveni Turbine Ltd Shares …

IOL Chemicals Zoomed After ANVISA GMP Audit Success

IOL Chemicals Zoomed After ANVISA GMP Audit Success

19 March 2024

Good news for IOL Chemicals and Pharmaceuticals Ltd! The Indian pharmaceutical and chemicals manufacturer has successfully finished an inspection by the Brazilian Health Regulatory Agency (ANVISA). This successful audit of their 10 Active Pharmaceutical Ingredient (API) manufacturing units in Barnala, Punjab, indicates a major milestone for IOL Chemicals, as it is opening doors to the …

Tata Steel To Close Coke Ovens at the Port Talbot Plant in Wales

Tata Steel To Close Coke Ovens at the Port Talbot Plant in Wales

19 March 2024

Tata Steel, a leading Indian steel producer, found itself in the headlines today for a strategic move in its UK operations. The company announced the closure of its coke ovens at the Port Talbot plant in Wales. This decision, part of a more comprehensive restructuring plan, has sent ripples through the industry and impacted Tata …

Vedanta’s Sterlite Strengthens Grip on Power Transmission with GIC Partnership

Vedanta’s Sterlite Strengthens Grip on Power Transmission with GIC Partnership

19 March 2024

In a move that could reshape the Indian power transmission landscape, Vedanta’s subsidiary, Sterlite Power Transmission Ltd (SPTL), is reportedly transferring three of its power transmission projects to a joint venture (JV) formed with Singapore’s sovereign wealth fund, GIC. This strategic partnership highlights Vedanta’s ambitions in the power transmission sector and GIC’s growing interest in …

Kishore Biyani’s ₹476 Crore Offer for SOBO Central Mall

Kishore Biyani’s ₹476 Crore Offer for SOBO Central Mall

19 March 2024

Kishore Biyani, the founder of Future Group, has made an unexpected proposal of ₹476 crore to lenders led by Canara Bank. This offer is intended for a one-time settlement (OTS) of the ₹571 crore debt of Bansi Mall Management Co (BMMCPL), the owner of SOBO Central Mall located in Mumbai’s Haji Ali area. Details of …

Aditya Birla Sun Life To Offload 11.47% Stake Via Offer-For-Sale

Aditya Birla Sun Life To Offload 11.47% Stake Via Offer-For-Sale

19 March 2024

Aditya Birla Sun Life Asset Management Company (AMC) is set to undergo a significant change in its shareholding structure. The company’s promoters, Aditya Birla Capital and Sun Life (India) AMC Investments Inc., have announced an offer for sale (OFS) to divest up to 11.47% of their stake, translating to roughly 33 million shares. This comprises …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for March 19

Overnight Digest: Top 5 mid and small-cap stocks to watch out for March 19

18 March 2024

On Monday, the market had a mixed performance with trading mostly within a narrow range. The main stock index, Sensex, ended slightly higher, up by 0.14% at 72,748.42, while the Nifty50 index also saw a slight increase, up by 0.15% to close at 22,055.70. Among individual stocks, Tata Steel, M&M, and JSW Steel saw gains, …

Godawari Power and Ispat Ltd Announces Amalgamation of Subsidiary; Share Price Drops

Godawari Power and Ispat Ltd Announces Amalgamation of Subsidiary; Share Price Drops

18 March 2024

On March 18, 2024, Godawari Power and Ispat Ltd informed that the company’s board approved the merger of its wholly-owned subsidiary, Godawari Energy Ltd (GEL), with the parent entity. Details of the Amalgamation On Monday, Godawari Power and Ispat Ltd announced the amalgamation in the stock exchange filing. The company held a board meeting, and …

Automakers Bullish as Domestic Sales Eye 4.2 Million Units by FY24

Automakers Bullish as Domestic Sales Eye 4.2 Million Units by FY24

18 March 2024

The Indian automobile industry is shifting into high gear, with carmakers expressing optimism about domestic sales reaching a staggering 4.2 million units in the ongoing financial year (FY24). This projected figure signifies a significant jump from the previous year and paints a rosy picture for the sector. Experts predict that car sales in India will …

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