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, …
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 …
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 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 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 …
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 …
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 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, 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 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 …
