Bharat Electronics Ltd. (BEL) has secured new orders valued at ₹973 crore, enhancing its order book to ₹9,801 crore in the current financial year, the company said in a press release on the stock exchanges. Order Details These new orders include a diverse range of defence and communication equipment, such as platform screen doors for …
As we enter January 2025, the Indian railway sector is witnessing significant growth, driven by ambitious projects and modernisation initiatives. With a goal of 100% electrification by 2025, the sector is focusing on tripling efforts in safety, maintenance, quality, and training. Additionally, the Amrit Bharat Station project is revolutionising station infrastructure, making it more accessible …
RedTape is a distinguished Indian fashion and lifestyle label celebrated for its range of footwear, clothing, and accessories catering to both men and women. Founded in 1996, it was among the pioneer Indian footwear brands to expand into international markets, such as the UK and the US. Bonus Share and Interim Dividend The Indian footwear …
NMDC’s share price traded 0.05% lower at ₹211.40 at 11:20 AM on the NSE, after opening at ₹215.50, slightly higher than the previous close of ₹213.15. The stock had declined 0.5% in the previous trading session. The company also has declared a 2:1 bonus issue, with the ex-date set for December 27, 2024. Bonus Issue Details …
On December 23, 2024, Sagility India’s share price traded 0.20% lower at ₹45.08 at 10:10 AM on the NSE, after opening at ₹47, higher than its previous close of ₹45.17. Today, the stock reached its 52-week high of ₹47.00. Sagility India extends its 5-session gains, having risen by 6.42% from ₹41.74 on December 16, 2024, to ₹44.37 …
Vodafone Idea Limited has been fined by the Telecom Regulatory Authority of India (TRAI) for failing to control Unsolicited Commercial Communications (UCC) in 2023, with penalties totaling ₹53.2 lakh across four quarters. Penalty Breakdown for Vodafone Idea On December 20, 2024, Vodafone Idea disclosed that the TRAI had issued orders imposing financial disincentives on the …
Coforge Ltd announced it has completed the acquisition of Cigniti Technologies. The company now holds 54% of Cigniti’s expanded voting share capital after the final closing. Acquisition Details On 20 December 2024, Coforge completed the off-market transaction and acquired an additional approximately 59.55 lakh equity shares of Cigniti, raising its total stake to 54% of …
Bharti Airtel has received a notice from the Department of Telecommunications, imposing a ₹6.84 lakh penalty for alleged violations of subscriber verification norms during an audit in October 2024. Penalty Details On December 21, 2024, Bharti Airtel disclosed that the DoT imposed a penalty of ₹6.84 lakh for violations related to subscriber verification norms, the …
Ola Electric Limited has introduced a luxurious limited edition of its flagship scooter, the Ola S1 Pro Sona, adorned with 24-karat pure gold elements. As part of its year-end celebrations, the company aims to enhance its brand presence with innovative offerings and a strengthened sales network. Ola S1 Pro Sona The Ola S1 Pro Sona …
Piramal Enterprises Ltd (PEL) has announced plans to raise ₹2,000 crore through the issuance of secured Non-Convertible Debentures (NCDs). The decision was approved during a meeting of the Administrative Committee of the company’s Board of Directors held on Friday, December 22, 2024. Details of Fundraising The fundraising will be executed in one or more tranches, …
