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TVS Motor Stake in IFQM Drops to 18.18% After New Share Allotment

TVS Motor Stake in IFQM Drops to 18.18% After New Share Allotment

12 March 2025

TVS Motor Company Ltd announced on Tuesday that its shareholding in the Indian Foundation for Quality Management (IFQM) has declined to 18.18% following a fresh allotment of shares to other investors. Stake Falls Below Associate Company Threshold In a regulatory filing, TVS Motor stated, “We wish to intimate that Indian Foundation for Quality Management (IFQM) …

CG Power Secures ₹450 Crore Railway Order For Vande Bharat Parts

CG Power Secures ₹450 Crore Railway Order For Vande Bharat Parts

12 March 2025

CG Power and Industrial Solutions Ltd (CG) has signed a long-term supply agreement with Kinet Railway Solutions Limited for the supply and servicing of railway components. The agreement includes propulsion kits, motors, transformers, and other railway products. As part of this agreement, CG has secured a purchase order worth ₹400-450 crore to supply railway components …

PB Fintech to Invest ₹696 Crore in Subsidiary PB Healthcare Services

PB Fintech to Invest ₹696 Crore in Subsidiary PB Healthcare Services

12 March 2025

PB Fintech Ltd, the parent company of Policybazaar, has announced its plan to invest up to ₹696 crore in PB Healthcare Services Private Limited, its wholly owned subsidiary. This investment, which will be executed through the purchase or subscription of equity shares and compulsory convertible preference shares (CCPS), is expected to take place during the …

Adani Group to Revive US Investment Plans Following Suspension of FCPA Enforcement

Adani Group to Revive US Investment Plans Following Suspension of FCPA Enforcement

12 March 2025

News reports suggest that The Adani Group will revive its US investment plans after President Donald Trump has suspended the enforcement of the Foreign Corrupt Practices Act (FCPA).  The ports-to-energy conglomerate had earlier pledged US$10 billion to numerous American infrastructure projects.  However, it put its plans when the US Department of Justice (DOJ) indicted its …

Satellite Tech to Allow Users to Use Mobiles in Remote Areas: Mittal

Satellite Tech to Allow Users to Use Mobiles in Remote Areas: Mittal

12 March 2025

New Delhi, Mar 12 (PTI) A day after signing a pact with Elon Musk’s SpaceX, Bharti Group founder Sunil Mittal on Wednesday said that satellite will add the mix of communication technologies like 4G, 5G, 6G and enable customers to carry their mobile phones to the remotest part of the world, even in skies and …

Kaynes Technology Shares Plunge After SEBI Issues Show-Cause Notice to MD

Kaynes Technology Shares Plunge After SEBI Issues Show-Cause Notice to MD

12 March 2025

Shares of Kaynes Technology India witnessed a sharp decline of 9.6% to an intraday low of ₹3,893.85 on the BSE on 12 March 2025. The drop followed a regulatory notice issued by the Securities and Exchange Board of India (SEBI) to the company’s Managing Director, Ramesh Kunhikannan. The notice pertains to alleged lapses in compliance …

Canara Bank Share Price Up for the 2nd Straight Day; Cuts Long-Term MCLR Effective Mar 12

Canara Bank Share Price Up for the 2nd Straight Day; Cuts Long-Term MCLR Effective Mar 12

12 March 2025

State-owned Canara Bank Ltd has revised its Marginal Cost of Funds Based Lending Rate (MCLR), effective March 12, 2025, reducing rates by 5-15 basis points (bps) on select tenures. This move aims to enhance affordability for borrowers and stimulate credit growth, particularly for longer-term loans. Revised MCLR Rates As per Canara Bank’s regulatory filing: Overnight …

Swiggy Partners with Sulabh International For Delivery Partner Welfare and Sustainable Goals

Swiggy Partners with Sulabh International For Delivery Partner Welfare and Sustainable Goals

12 March 2025

Swiggy, India’s leading on-demand convenience platform, is taking significant strides toward sustainability and social responsibility. At the Swiggy Sustainability Summit 2025, the company introduced several initiatives aimed at reducing environmental impact, supporting delivery partners, and fostering inclusive growth. Among these, its collaboration with Sulabh International marks a major step in enhancing the welfare of delivery …

RVNL Share Price in Focus After Emerging as Lowest Bidder for NHAI Projects

RVNL Share Price in Focus After Emerging as Lowest Bidder for NHAI Projects

12 March 2025

Rail Vikas Nigam Limited share price traded at ₹335.85 at 9:40 AM on the NSE, up 1.57% from the previous close of ₹330.65. The stock opened at ₹340, reaching a high of ₹342 and a low of ₹334.30 in early trading. RVNL Project Details Rail Vikas Nigam Limited (RVNL) has achieved yet another milestone by emerging …

Adani Green Energy Subsidiary Commences 250 MW Solar Project in Kadapa, Andhra Pradesh

Adani Green Energy Subsidiary Commences 250 MW Solar Project in Kadapa, Andhra Pradesh

12 March 2025

Adani Green Energy Limited (AGEL) has commissioned a new solar power plant in Andhra Pradesh, reinforcing its commitment to renewable energy. Project Commissioning Announcement Adani Green Energy Limited (AGEL) has announced that its wholly owned subsidiary, Adani Solar Energy Ap Eight Private Limited, has successfully launched a 250 MW solar power plant in Kadapa, Andhra …

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