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SJVN, Manappuram Finance Among Stocks Trading Ex-Dividend Today

SJVN, Manappuram Finance Among Stocks Trading Ex-Dividend Today

21 February 2025

Several companies, including SJVN Ltd and Manappuram Finance Ltd, will trade ex-dividend on February 21, 2025. Investors who purchased these shares before the record date are eligible for dividend payouts. SJVN Ltd SJVN has approved an interim dividend of ₹1.15 per share for the financial year 2024-25. The record date for eligibility is February 21, …

EaseMyTrip Signed MoU with Korea Tourism Organization to Promote Korean Tourism

EaseMyTrip Signed MoU with Korea Tourism Organization to Promote Korean Tourism

21 February 2025

On February 21, 2025, EaseMyTrip.com, one of India’s leading online travel platforms announced that it has entered into a Memorandum of Understanding (MoU) with the Korea Tourism Organisation (KTO) to boost Korea’s profile as a top outbound destination for Indian travellers. The strategic partnership aimed at increasing Indian tourist arrivals to Korea by leveraging EaseMyTrip’s …

Top Gainers and Losers of the Day: Hindalco and Tata Steel Lead Gains, M&M and Adani Ports Slides on February 21, 2025

Top Gainers and Losers of the Day: Hindalco and Tata Steel Lead Gains, M&M and Adani Ports Slides on February 21, 2025

21 February 2025

On February 21, 2025, the Indian benchmark indices ended lower, whereby Nifty 50 fell 0.51% to 22,795.90 while Sensex dropped 0.56% to 75,311.06. Top Gainers of the Day Symbol Open High Low LTP %chng HINDALCO 639.2 656.2 637.95 652.15 2.09 TATASTEEL 137.91 141.6 137.15 140.6 1.85 EICHERMOT 4,888.00 4,982.90 4,855.00 4,968.00 1.63 LT 3,275.80 3,324.90 …

Cipla Secures USFDA Approval for Nilotinib Capsules

Cipla Secures USFDA Approval for Nilotinib Capsules

21 February 2025

Cipla has received final approval from the US Food and Drug Administration (FDA) for its New Drug Application (NDA) for Nilotinib Capsules in 50 mg, 150 mg, and 200 mg dosages. This approval represents a significant advancement in Cipla’s efforts to expand its oncology portfolio and provide critical treatment options for cancer patients. The company …

Jyoti Structures Secures Order from Power Grid Corporation

Jyoti Structures Secures Order from Power Grid Corporation

21 February 2025

Jyoti Structures Ltd. (JSL) has secured an ₹741 crore order (including GST) from Power Grid Corporation of India Ltd. for an 800 KV High Voltage Direct Current (HVDC) project. This order is part of the company’s total order book, which currently stands at around ₹2,000 crore. Restarting Nashik’s Second Manufacturing Unit To accommodate the increase …

HG Infra Sells 100% Equity in Rewari Bypass to Highways Infrastructure Trust

HG Infra Sells 100% Equity in Rewari Bypass to Highways Infrastructure Trust

21 February 2025

H.G. Infra Engineering sold its 100% equity stake for ₹133.03 crore after shareholder approval, with the subsidiary having a minor impact on revenue and net worth. Sale of Subsidiary H.G. Infra Engineering Limited has completed the sale of its entire 100% stake in Rewari Bypass Private Limited, a wholly-owned subsidiary, to Highways Infrastructure Trust. This …

Unified Investor Platform: NSDL and CDSL Launches App to Track Consolidated Portfolio

Unified Investor Platform: NSDL and CDSL Launches App to Track Consolidated Portfolio

21 February 2025

The National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL), in collaboration with the Securities and Exchange Board of India (SEBI), have launched a Unified Investor Platform to enhance the way investors manage their portfolios. This platform integrates MyEasi by CDSL and SPEED-e by NSDL, offering a consolidated view of shareholdings, investments, and …

Gamco Share Price Surge as Board Approves Bonus Issue

Gamco Share Price Surge as Board Approves Bonus Issue

21 February 2025

GAMCO Limited, formerly known as Visco Trade Associates Ltd, conducted a Board Meeting on February 20, 2025. The company made significant decisions concerning a bonus share issue and an increase in authorised share capital. These resolutions are subject to shareholder approval and align with the company’s growth strategy. Bonus Share Issue The Board approved a …

Tata Steel Acquires Equity Shares Worth ₹2,603 Crore in T Steel Holdings

Tata Steel Acquires Equity Shares Worth ₹2,603 Crore in T Steel Holdings

21 February 2025

Tata Steel, one of India’s leading steel manufacturers, has reinforced its international presence through a significant ₹2,603 crore acquisition of its Singapore-based subsidiary, TSHP. This move not only solidifies its foothold in the Singapore market but also aligns with its broader strategy of global growth.  Acquisition Details Tata Steel Limited has acquired 19,10,82,80,25 equity shares …

Senores Pharmaceuticals Acquires ANDA for Roflumilast Tablets

Senores Pharmaceuticals Acquires ANDA for Roflumilast Tablets

21 February 2025

Senores Pharmaceuticals Limited (SPL) has acquired the USFDA-approved Abbreviated New Drug Application (ANDA) for Roflumilast 250 mcg and 500 mcg tablets from Breckenridge Pharmaceutical, Inc., a subsidiary of Towa International.  This agreement was executed through its wholly-owned US subsidiary, Senores Pharmaceuticals, Inc. IPO Proceeds Used for Acquisition The acquisition is being funded through SPL’s IPO …

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