On March 26, 2024, Savita Oil Technologies stated in an exchange filing that they sold about 3% equity shares of the company via a block deal on Friday. Details of the Sale On Tuesday, Savita Oil Technologies released a statement to the exchanges stating that the seller is the promoter of the company, i.e., Mr …
On March 26, 2024, SpiceJet informed in a stock exchange filing that the company signed a settlement agreement with Export Development Canada (EDC) to clear major liabilities, leading to a comprehensive revitalisation of its balance sheet. The airline stated that this settlement is considered the biggest breakthrough in its financial restructuring efforts to date. Details …
ICICI Prudential Life Insurance, a prominent life insurance entity born from the collaboration between ICICI Bank and Prudential Corporation Holdings, specializes in offering long-term savings and protection products tailored to various life stages. Renowned for its cost-effectiveness, superior service quality, consistent fund performance, and hassle-free claim processing, ICICI Prudential has cemented its place in the …
Thermax Ltd Remarkable Performance The stock of Thermax Ltd has become the talking point on D-Street as it has not only crossed the milestone of the Rs 4,000 mark but also touched a fresh record high of Rs 4,115, with the market cap inching closer to the Rs 50,000 mark. The stock has had a …
On March 26, 2024, the shares of life insurance companies like Max Financial Services Ltd and HDFC Life Insurance Company Ltd rose up to 5% intraday. This positive development was noticed after the Insurance Regulatory and Development Authority of India’s (IRDAI) notification on the final regulations in relation to surrender value. Impact of IRDAI’s Guidelines …
On March 26, 2024, the shares of life insurance companies like Max Financial Services Ltd and HDFC Life Insurance Company Ltd rose up to 5% intraday. This positive development was noticed after the Insurance Regulatory and Development Authority of India’s (IRDAI) notification on the final regulations in relation to surrender value. Impact of IRDAI’s Guidelines …
On March 26, 2024, Valor Estate Ltd (Formerly DB Realty Ltd) issued a formal clarification to address concerns arising from a recent High Court order related to the 2G spectrum allocation case. Recent High Court Order and Media Speculation A recent pronouncement by the Delhi High Court regarding the CBI vs A. Raja & Others …
On Tuesday, the benchmark indices were trading in the red with the Sensex down around 283 points or 0.40% at 72,550, while the Nifty-50 down around 64 points or 0.29% at 22,033. About 1,476 shares have advanced; 2,141 declined; and 178 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index: …
On March 26, 2024, DreamFolks Services Limited, a tech-enabled global travel and lifestyle services provider, inaugurated a state-of-the-art computer lab for students at Government Model Sanskriti Primary School in Tigra village, Sector 57, Gurugram. The company has established the computer lab under its corporate social responsibility (CSR) initiative – Project Akshar. This project aims to …
On March 26, 2024, Ujjivan Small Finance Bank (Ujjivan SFB) entered into a strategic partnership with one of the leading supply chain finance (SCF) companies, Veefin Solutions Ltd, with an objective to offer robust supply chain finance offerings for the working capital needs of MSMEs. Ujjivan SFB will benefit from Veefin’s platform, which provides end-to-end …
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