The Indian railway system is often regarded as the backbone of the economy, covering thousands of kilometers and ranking as the fourth-largest railway network globally, after the US, China, and Russia. Managed by the Railway Board, which holds a monopoly over rail services in India, the network is known for its cost-effectiveness and efficiency, making …
India’s hospitality industry is rapidly growing and plays a vital role in boosting the nation’s economy and tourism sector. Renowned for its cultural diversity, rich heritage, and scenic landscapes, India attracts millions of domestic and international tourists every year, making hotels a crucial component of the country’s hospitality services. As of 2024, the market size …
The Indian sugar industry is a key contributor to the rural economy, supporting millions of sugarcane farmers and employing around 5 lakh workers in sugar mills. As the world’s largest sugar consumer and the second-largest producer, India’s sugar sector presents strong investment opportunities. This article highlights the top sugar sector stocks in India for April …
On March 30, 2025, the Bombay Stock Exchange (BSE) announced a 2:1 bonus issue, which means eligible shareholders will receive two bonus equity shares for every one share they currently hold. This issuance is subject to shareholder approval via postal ballot. In light of this development, let’s take a closer look at BSE’s history of …
IIFL Finance has announced the launch of a public issue of secured, rated, listed non-convertible debentures (NCDs) to raise up to ₹500 crore. The issue will open for subscription on April 7, 2025, and close on April 23, 2025. Details of NCDs The NCDs offer a coupon rate of up to 10.25% per annum, with …
In a mixed bag of quarterly updates, shares of Kalyan Jewellers declined over 4% on Monday, April 7, after the company released its business update for the fourth quarter of FY25. At ₹465.85 apiece, the stock was down 4.37%, extending its year-to-date loss to nearly 40%. Strong Domestic Growth, But Digital Arm Falters The company reported around …
On Monday, April 7, Indraprastha Gas Ltd. (IGL) announced a price increase for Compressed Natural Gas (CNG) across its operational areas. The revision sees a ₹1 per kilogram hike in Delhi and a ₹3 per kilogram hike in other regions such as Noida and Ghaziabad. With the revision, the updated CNG price in Delhi now stands at …
JSW Steel achieved its highest-ever consolidated crude steel production in Q4 FY25, reaching 7.63 million tonnes (MT). This marks a 9% increase compared to Q3 FY25 and a 12% rise year-on-year (YoY). Strong Growth in Indian Operations The company’s Indian operations also recorded their highest-ever quarterly crude steel production at 7.40 MT, reflecting a 9% …
AstraZeneca Pharma India Limited has received approval from the Central Drugs Standard Control Organization (CDSCO), which is part of the Indian Government’s Health Department. This approval allows the company to import and sell a medicine called Osimertinib Tablets (TAGRISSO) in 40 mg and 80 mg doses. Purpose of the Approval The approval allows Osimertinib to …
Larsen & Toubro Limited, a leading Indian conglomerate in engineering and construction, has taken a significant step towards expanding its green energy footprint. On 4 April 2025, the company announced the incorporation of L&T Green Energy Kandla Private Limited (LTGEK), a wholly owned step-down subsidiary under L&T Energy Green Tech Limited. This development aligns with …
