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Manappuram Finance Responds to $1 Billion Bain Capital Deal Reports

Manappuram Finance Responds to $1 Billion Bain Capital Deal Reports

25 February 2025

Manappuram Finance has responded to recent media reports suggesting a potential $1 billion deal with Bain Capital, stating that there is currently no material information that requires disclosure under SEBI’s Listing Regulations. In a letter submitted to the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on February 24, 2025, the company clarified …

Torrent Power Expands Green Energy Portfolio with New SPVs

Torrent Power Expands Green Energy Portfolio with New SPVs

25 February 2025

Torrent Power Limited has informed the stock exchanges about the incorporation of multiple new subsidiaries under its wholly owned subsidiary, Torrent Green Energy Private Limited (TGEPL). Incorporation of Torrent Urja 32 Private Limited TGEPL incorporated Torrent Urja 32 Private Limited (TU32) as a wholly owned subsidiary on February 12, 2025, and received its Certificate of …

SpiceJet Share Price in Focus Ahead of Q2 and Q3 FY 2025 Financial Results

SpiceJet Share Price in Focus Ahead of Q2 and Q3 FY 2025 Financial Results

25 February 2025

SpiceJet Limited is in focus on Tuesday ahead of the Q2 and Q3 FY 2025 financial results announcement. On February 25, 2025, SpiceJet share price opened at ₹47.48, almost the same as its previous close of ₹47.17. At 10:03 AM, the share price of SpiceJet was trading at ₹47.74, up by 1.21% on the BSE. Notably, the …

Adani Power Secures LOI to Acquire Reliance’s Vidarbha Industries Power

Adani Power Secures LOI to Acquire Reliance’s Vidarbha Industries Power

25 February 2025

Adani Power Limited (APL) informed the stock exchanges that it has received a Letter of Intent (LOI) to acquire Vidarbha Industries Power Limited, a subsidiary of Reliance Power. Vidarbha Industries Power is currently undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC) 2016. The company owns and operates a 2×300 …

Tata Investment Share Price Surge Over 8% After Tata Capital’s IPO Approval

Tata Investment Share Price Surge Over 8% After Tata Capital’s IPO Approval

25 February 2025

Tata Investment share price jumped over 8% on Wednesday, reaching a high of ₹6,225 on the BSE. This surge came after reports confirmed that Tata Capital had received board approval for its much-anticipated initial public offering (IPO). Tata Capital’s IPO Plan Tata Capital, a major financial services company under the Tata Group, plans to issue …

SBI Cards Share Price in Focus as Stock Trades Ex-Dividend Today

SBI Cards Share Price in Focus as Stock Trades Ex-Dividend Today

25 February 2025

SBI Cards and Payment Services share price is in focus today (February 25, 2025) as its shares are trading ex-dividend. The record date for determining eligible shareholders for the dividend payout is also set for today. Under the T+1 settlement system, investors who purchased SBI Cards shares on February 24, 2025, will be eligible for …

Stocks to Watch on February 25, 2025: ONGC, Vedanta, NTPC and More in Focus

Stocks to Watch on February 25, 2025: ONGC, Vedanta, NTPC and More in Focus

25 February 2025

As of 8:20 AM, GIFT Nifty futures were up by 18.50 points at ₹22,588.50. In the previous session, the BSE Sensex fell by 856.65 points (1.14%) to 74,454.41, while the NSE Nifty50 dropped 242.55 points (1.06%) to 22,553.35. Here are key stocks to watch today: NTPC NTPC’s renewable energy arm has signed an MoU with Madhya …

RailTel Wins Kavach Order from East Central Railway Worth ₹288 Crore

RailTel Wins Kavach Order from East Central Railway Worth ₹288 Crore

24 February 2025

RailTel Corporation of India Ltd., a distinguished Miniratna Central Public Sector Enterprise (CPSE) under the aegis of the Ministry of Railways, Government of India, stands as one of the nation’s premier neutral telecom infrastructure providers. Project Details The Railway Ministry’s esteemed public sector undertaking, RailTel Corporation of India Ltd., has been awarded the prestigious Kavach …

Rail Vikas Nigam Limited Awarded EPC Contract by South Western Railway

Rail Vikas Nigam Limited Awarded EPC Contract by South Western Railway

24 February 2025

Rail Vikas Nigam Limited (RVNL), a premier Central Public Sector Enterprise under the Ministry of Railways, serves as the construction arm for project execution and transport infrastructure development across India. Project from South Western Railway On February 21, 2025, RVNL announced that it had emerged as the Lowest Bidder (L1) for a prestigious contract awarded …

Zydus LifeSciences Gets USFDA Approval for Ibuprofen and Famotidine Tablets

Zydus LifeSciences Gets USFDA Approval for Ibuprofen and Famotidine Tablets

24 February 2025

Zydus Lifesciences Limited, formerly Cadila Healthcare Limited, is a leading Indian multinational pharmaceutical company headquartered in Ahmedabad, Gujarat. Founded in 1952 by Ramanbhai Patel and Indravadan Modi, it has grown into a global life sciences powerhouse with a presence in over 50 countries. Approval from USFDA In a significant regulatory milestone, Zydus Lifesciences has secured …

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