Muthoot Finance, India’s leading gold loan NBFC, has achieved a significant milestone by surpassing ₹1 lakh crore in Gold Loan Assets Under Management (AUM) as of March 13, 2025, the company said in a press release on the stock exchanges. A Landmark Achievement in Gold Financing Muthoot Finance’s latest milestone is a testament to its …
Mahanagar Telephone Nigam Limited (MTNL), a Government of India enterprise, has defaulted on principal and interest payments to multiple banks, as per its latest disclosure under SEBI regulations. MTNL’s Debt Crisis – A Closer Look According to MTNL’s latest filing with stock exchanges, the company has defaulted on both principal and interest payments to major …
Ola Electric Technologies Private Limited, a wholly owned subsidiary of Ola Electric Mobility Limited, is facing an insolvency petition filed by an operational creditor over alleged payment defaults. The case is currently before the National Company Law Tribunal (NCLT) Bengaluru. The Petition and Allegations According to Ola Electric Mobility’s regulatory filing on March 15, 2025, …
GMR Airports Limited released its February 2025 Monthly Traffic Report, highlighting significant developments across its airports, including Delhi, Hyderabad, Mopa (Goa). Passenger Traffic Growth GMR Airports handled more than 10.1 million passengers in February 2025, marking a 12.9% year-on-year (YoY) growth. For the year-to-date (YTD) FY25, total passenger traffic exceeded 109.6 million, surpassing the 100 …
On March 17, 2025, BSE Sensex closed at 74,169.95 up by 0.46%, while Nifty50 rose by 0.5% to 22,508.75. Stocks like Senco Gold and EPACK Durable hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today. Stocks That Hit Upper Circuit on March 17, 2025 Company Symbol LTP …
RMC Switchgears Limited has received a ₹320 crore Letter of Acceptance (LOA) from the Government of Rajasthan to install rooftop solar systems across state government buildings in Jaipur and Dausa. This initiative, executed under the Hybrid Annuity Mode (HAM), marks a significant step in India’s renewable energy expansion. Project Overview and Financial Impact The project …
On March 17, 2025, KPIT Technologies shares rose over 2%, reaching a day high of ₹1,245.00 at 09:40 AM after opening at ₹1,212.05. The gain in KPIT Tech shares follows the company’s announcement stating that Qualcom Ventures LLC, will be the third shareholder in Qorix GmbH, the Joint Venture company of KPIT Tech. The company’s exchange filing …
The discovery of an accounting discrepancy worth ₹2,100 crore by the IndusInd Bank has caused disbelief among many depositors. On Saturday, March 15, 2025, the Reserve Bank of India restated its confidence in the bank’s financial position to pacify rising concerns among depositors. Financial Analysis of the IndusInd Bank In Q3 of FY 2024-25, IndusInd …
Transformers and Rectifiers (India) Limited (TARIL) has recently obtained major domestic orders from Gujarat Energy Transmission Corporation Limited (GETCO). The orders total ₹726 crore, inclusive of GST, marking a notable development for TARIL. As of 12:31 PM on March 17, Transformers and Rectifiers (India) Ltd is trading at ₹391.55, up 4.62% today, but down 38.05% …
The Andhra Pradesh Capital Region Development Authority (CRDA) and the Housing and Urban Development Corporation (HUDCO) have signed a ₹11,000 crore loan agreement for the development of Amaravati, the state’s greenfield capital. The deal was formalised in the presence of Chief Minister N Chandrababu Naidu at his residence in Undavalli, Guntur district. HUDCO’s Approval and …
