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. …
The Nifty 50 index witnessed a modest recovery from its intra-day low on Wednesday, March 12, 2025, but remained range-bound ahead of its weekly expiry. The benchmark index fluctuated between 22,577.40 and 22,329.55 levels during the session, reflecting cautious investor sentiment. Despite the recovery, Nifty 50 failed to hold above the crucial 22,500 mark, closing …
Tata Steel has announced its plan to raise ₹3,000 crore through the issuance of non-convertible debentures (NCDs) via private placement. The fundraising move, approved by the board on February 14, is aimed at strengthening the company’s financial position while leveraging its strong market standing. Understanding Non-Convertible Debentures (NCDs) Non-convertible debentures (NCDs) are fixed-income instruments issued …
Capacite Infraprojects, a prominent player in the construction sector, recently experienced a significant decline in its share price, dropping nearly 15% during Friday’s trading session. This downturn occurred despite the company reporting a substantial 77% year-on-year increase in net profit for the third quarter of the fiscal year 2025 (Q3FY25), reaching ₹52.3 crore. The market’s …
