The financial year 2024-25 (FY25) has concluded. Companies will soon release their performance reports for the final quarter (Q4). These reports will provide insights into FY26. A key focus will be on IT companies. These include TCS share price, Wipro share price, Infosys share price, and HCL Tech share price. The IT sector is significantly impacted by economic uncertainty. …
Zomato, the food delivery company, will officially change its name to Eternal Limited on April 9, 2025, as per the reports. This change applies to the company’s listing on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The updated symbol on both exchanges will be ETERNAL, replacing the current ticker ZOMATO. As …
In a strategic move aimed at strengthening its financial base, Power Grid Corporation of India, a Maharatna PSU (A top-tier public sector enterprise in India granted greater financial and operational autonomy by the government), has announced a ₹6,000 crore fundraising plan through the issue of unsecured bonds. The development follows the latest approval from the company’s Committee …
Himadri Speciality Chemical Ltd has announced its decision to acquire a majority stake in Trancemarine and Confreight Logistics, marking a strategic expansion into the critical minerals sector. Acquisition Overview Himadri Speciality Chemical Ltd has approved the acquisition of 60% equity shares in Trancemarine and Confreight Logistics Private Limited for ₹4.23 crore. The transaction will be …
Infosys Ltd has been gaining attention on Friday. On April 4, 2025, Infosys share price (NSE: INFY) opened at ₹1,460.50, down from its previous close of ₹1,496.50. At 10:19 AM, the share price of Infosys was trading at ₹1,459.20, down by 2.49% on the NSE. The stock price touched its day’s low so far at …
Premier Energies Limited has formed a new company named Premier-Green Aluminium Private Limited (PGAPL) as its wholly owned subsidiary. This new company was officially registered on April 3, 2025, with the Ministry of Corporate Affairs, Government of India. PGAPL is incorporated with an authorised share capital of ₹10 lakhs and all shares will be held …
Bank of Baroda Ltd has been gaining attention on Friday. On April 4, 2025, Bank of Baroda share price (NSE: BANKBARODA) opened at ₹238.90, up from its previous close of ₹236.78. At 10:31 AM, the share price of Bank of Baroda was trading at ₹234.34, down by 1.03% on the NSE. The stock price touched …
Fortis Healthcare Ltd has announced that its indirect wholly-owned subsidiary, International Hospital Limited (IHL), has received an income tax demand. The demand is for ₹76.19 crore. It pertains to the Assessment Year 2019-20. The order was issued by the Income Tax Authority. It relates to the disallowance of interest expenses claimed by IHL for FY19. …
Nestle India has taken a significant step in expanding its manufacturing footprint with the establishment of its first factory in eastern India. The foundation stone for the new facility was laid in Khordha, Odisha, in the presence of the Hon’ble Chief Minister of Odisha, Shri Mohan Charan Majhi. This factory, Nestle India’s tenth in the …
Coforge share price fell over 7% on Friday, marking its fourth consecutive day of decline. The stock dropped by 7.43% to ₹6,625 per share on the BSE. Acquisition of Rythmos Inc. Coforge announced that its subsidiary, Coforge Inc., has completed the acquisition of Rythmos Inc. The deal, worth $48.7 million, involves the purchase of 100% …
