InterGlobe Aviation Limited, the parent company of IndiGo, has announced an investment of up to ₹3,940 million (~$45 million) in its wholly owned subsidiary, InterGlobe Aviation Financial Services IFSC Private Limited (IndiGo IFSC). The decision was approved by the Board of Directors in a meeting held on March 12, 2025. About IndiGo IFSC IndiGo IFSC …
Tata Consultancy Services (TCS) has extended its long-standing partnership with Coop Danmark, Denmark’s leading consumer goods retailer, to further support its core business system. As part of this collaboration, TCS will manage Coop’s enterprise resource planning (ERP) platform on SAP S/4HANA, ensuring seamless operations across more than 900 stores. By leveraging advanced digital solutions, TCS …
New Delhi, Mar 13 (PTI) Shares of PB Fintech, parent entity of Policybazaar, on Thursday extended the losses for the second straight session by declining 5 per cent, a day after the company proposed to infuse Rs 696 crore in its healthcare arm. The stock of PB Fintech fell 5.14 per cent to Rs 1,333.50 …
New Delhi, Mar 12 (PTI) Jaiprakash Associates Ltd, which is undergoing an insolvency process, on Wednesday said that a consortium of lenders has transferred their outstanding loans to National Asset Reconstruction Company Ltd (NARCL). Jaiprakash Associates Ltd (JAL) in a regulatory filing informed that the consortium of lenders of the company have “assigned/transferred their outstanding …
NTPC Green Energy Ltd, a subsidiary of the state-owned power giant NTPC, announced significant milestones in its renewable energy. On March 12, the company confirmed that its subsidiary, NTPC Renewable Energy Ltd, has successfully completed the second and final phase of the 105 MW Shajapur Solar Project in Madhya Pradesh. This achievement marks another step forward …
Drug firm Jubilant Pharmova Ltd announced on Wednesday, March 12, that its subsidiary, Jubilant Cadista Pharmaceuticals Inc., has received an Establishment Inspection Report (EIR) with Voluntary Action Indicated (VAI) status from the US Food and Drug Administration (USFDA) for its solid oral formulations facility in Salisbury, Maryland, USA. USFDA Inspection Successfully Closed The EIR follows …
On March 12, 2025, Power Finance Corporation (PFC), a state-owned entity, announced that its board of directors had approved an interim dividend of ₹3.5 per share (on a face value of ₹10 per share) for the financial year 2024-25. The record date for this dividend has been set for March 19, 2025, and shareholders will receive the …
Thangamayil Jewellery Ltd has announced in an exchange filing that its writ petition challenging a tax demand of ₹70.18 crore has been dismissed by the Madras High Court’s Madurai Bench. The petition was filed under Article 226 of the Constitution of India, contesting the notice of demand issued under Section 156 of the Income Tax …
Housing & Urban Development Corporation Ltd (HUDCO) Board of Directors has declared and approved an interim dividend of ₹1.05 per equity share (10.50%) for FY 2024-25. On March 12, 2025, HUDCO share price opened at ₹182.50 and closed at ₹181.59, up by 0.15%. The stock price touched its day’s high at ₹185.49. HUDCO Interim Dividend …
On Thursday, March 13, 2025, the Indian benchmark indices Sensex and Nifty 50 are expected to open higher, following positive global market performance. Check out a few stocks that might be in focus during the trading session. Ola Electric Ola Electric has launched a limited-time Holi flash sale for its S1 range of electric scooters. …
