DLF Limited has signed a Master Framework Agreement (MFA) with Srijan Realty Private Limited and its subsidiaries to sell its IT/ITeS Special Economic Zone (SEZ) located in Kolkata. The deal is valued at ₹693 crore and will be executed through a slump sale. The agreement was formalised on April 16, 2025. As of 11:04 AM …
The Competition Commission of India (CCI) has cleared a proposal involving Patanjali Ayurved Ltd. and five related entities to acquire a majority stake in Magma General Insurance Ltd. The approval was granted through the green channel route under Section 6(4) of the Competition Act, 2002. As of 9:15 AM on April 17, 2025, Patanjali Foods …
UltraTech Cement Limited has entered into an agreement to acquire 26% equity in AMPIN C&I Power Eight Private Limited. The deal is valued at up to ₹25.5 crore and will be completed through a cash transaction. The company has signed an Energy Supply Agreement as well as a Share Subscription and Shareholders Agreement. As of …
Hindustan Unilever Ltd (HUL) has moved the Bombay High Court against Honasa Consumer, alleging that one of its advertisements targets and disparages the Lakmé brand. The ad in question, released by The Derma Co (a Honasa brand), appeared on a billboard and read: “Hey Lakmé, Congratulations on finally getting SPF 50 in-vivo tested. Welcome to …
Prestige Estates Projects Ltd reported a 48% year-on-year (YoY) jump in sales bookings during the January–March quarter of FY25, reaching ₹6,957.4 crore. The company sold 4.49 million square feet of space in the quarter, which included 2,301 units, marking a 9% rise in volume. Higher Prices Across Projects The average price for apartments, villas, and …
360 One Wam shares rose by 4.7% during early trade on Thursday, hitting an intraday high of ₹990 on the BSE. The stock gained momentum as investors responded to news about the company’s upcoming board meeting scheduled for Tuesday, April 22, 2025. Board to Discuss Fundraising Plans The company announced that its board will consider …
Eternal (zomato) share price dropped by 0.61% from previous close of ₹222.23. On Wednesday (11.49 AM), the stock was trading at ₹220.87. This drop comes amid broader market volatility and is compounded by the challenges being faced by India’s online food delivery industry. Key Details on the Stock Opening Price: ₹220.51 Day’s High: ₹221.75 Day’s …
Bharat Heavy Electricals Limited (BHEL) has entered into a Technology Transfer Agreement (TTA) with the Bhabha Atomic Research Centre (BARC) to enhance its capabilities in green hydrogen production. Details of the Agreement The agreement focuses on the Mixed-Matrix Membrane Diaphragm Technology, specifically for separator applications in electrochemical cells, which are central to alkaline …
KFin Technologies Limited (KFintech), a leading investor and issuer solutions provider, has signed a definitive agreement to acquire a 51% controlling stake in Ascent Fund Services Pte. Ltd for US$ 34.7 million. The deal includes a roadmap to full ownership, with the remaining 49% to be acquired in equal tranches post FY2028, FY2029, and …
NBCC (India) Ltd has been gaining attention on Thursday. On April 17, 2025, NBCC share price opened at ₹96.20, up from its previous close of ₹95.80. At 10:19 AM, the share price of NBCC was trading at ₹99.39, up by 3.75% on the NSE. Notably, the stock price touched its 52-week low recently at ₹70.80. …
