Naman In-Store (India) Limited is a retail furniture and fittings company that provides retail solutions to various industries and retail outlets, debuted on the Indian stock market today. The stock of Naman In-Store India opened at Rs 125 per share on the NSE, indicating an impressive 40.45% premium over the final issue price of Rs …
About Agreement BASF India Limited, a leading chemical company, has signed a significant agreement to secure renewable energy for its manufacturing site in Mangalore, Karnataka. This move demonstrates BASF’s commitment to sustainability and aligns with the Indian government’s push for clean energy adoption. The agreement is a 25-year Power Purchase Agreement (PPA) with Clean Renewable …
Following their attainment of new record highs in the latest trading session, domestic indices experienced a slight downturn today, primarily influenced by declines in financial services, telecommunications, metals, and IT sectors. At 10:30 am, the BSE Sensex declined 0.19% reaching a level of 73,875. The Nifty 50 index fell 0.14% to the 22,429 level. On …
On April 2, 2024, Tata Technologies informed the stock exchanges that the company had executed a Joint Venture Agreement with BMW Holding B.V., Netherlands (BMW). Details of the Joint Venture Agreement Tata Technologies and BMW Holding B.V., Netherlands, entered into a joint venture agreement on Tuesday. As per the exchange filing, the joint venture will …
On April 1, 2024, Nazara Technologies informed the stock exchanges that the company’s step-down subsidiary, Nazara Technologies, Mauritius (Nazara Mauritius), which is based out of Mauritius, has entered into a definitive agreement with Lychee Ventures and NZMobile Nigeria Limited, a wholly-owned subsidiary of Nazara Mauritius, for the purpose of sale and transfer of its existing …
On April 01, 2024, the Board of Directors of Aditya Birla Fashion and Retail Ltd (ABFRL) authorised the company to evaluate the vertical demerger of the Madura Fashion & Lifestyle business from ABFRL into a separately listed company. The company added that the proposed demerger would allow the creation of two separately listed companies as …
On April 1, 2024, IIFL Finance Ltd sent a surprising ripple through the financial world. They announced the acquisition of equity shares worth ₹284.40 crore in NSE Limited, India’s leading stock exchange. The acquisition, approved by NSE Limited itself, involves purchasing shares from FIH Mauritius Investments Ltd., a related party of IIFL Finance, as per …
On April 01, 2024, the online food delivery service provider Zomato Ltd announced that it had received an order passed by the Commissioner, Adjudication, Central Tax, Delhi. The order includes the demand of service tax of ₹92,09,90,306, along with applicable interest (not quantified) and penalty of ₹92,09,90,306 for the period October 2014 to June 2017. …
On Tuesday, the benchmark indices were trading in the green with the Sensex up around 35 points or 0.05% at 74,015, while the Nifty-50 up around 9 points or 0.02% at 22,465. About 2,371 shares have advanced; 707 declined and 101 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index: …
India Cements, a stalwart in the cement manufacturing sector of the Indian subcontinent, is embarking on a strategic financial manoeuvre to secure its operational and expansion goals. With plans to raise a substantial ₹750 crore through bonds, the company has positioned itself at the nexus of industry challenges and forward-looking capital investments. This decision, orchestrated …
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