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TCS to Acquire Darshita Southern India Happy Homes for ₹2,250 Crore

TCS to Acquire Darshita Southern India Happy Homes for ₹2,250 Crore

12 March 2025

Tata Consultancy Services is an Indian multinational technology company specializing in information technology services and consulting. Headquartered in Mumbai, it is a part of the Tata Group and operates in 150 locations across 46 countries.  Acquisition Details Tata Consultancy Services (TCS), India’s leading IT services firm, has announced its decision to acquire a 26-acre property …

Godrej Agrovet to Acquire 48.06% Stake in Creamline Dairy Products

Godrej Agrovet to Acquire 48.06% Stake in Creamline Dairy Products

12 March 2025

Godrej Agrovet was established in 1991 as a division of the Godrej Group, but its agribusiness beginnings date back to 1971, when it ventured into the animal feed sector. It gradually branched out into poultry, dairy, oil palm plantations, and crop protection. Stake Acquisition Details On March 11, 2025, Mumbai-based agribusiness giant Godrej Agrovet announced …

Reliance Industries to Onboard Former RBI Deputy Governor MK Jain as Advisor

Reliance Industries to Onboard Former RBI Deputy Governor MK Jain as Advisor

12 March 2025

MK Jain, the former Deputy Governor of the Reserve Bank of India (RBI), is set to join Reliance Industries as an advisor, according to a recent news report. His appointment aligns with the conglomerate’s efforts to enhance its financial services business and leadership team. Reliance Industries, led by Mukesh Ambani, has been actively seeking experienced …

Jubilant Ingrevia Partners with O2 Power for Renewable Energy at Bharuch Facility

Jubilant Ingrevia Partners with O2 Power for Renewable Energy at Bharuch Facility

12 March 2025

Jubilant Ingrevia Limited, a global Life Sciences and Specialty Chemicals company, has signed a power purchase agreement with O2 Power to use renewable energy at its SEZ Bharuch Manufacturing Facility in Gujarat. This agreement, made through its subsidiary Jubilant Infrastructure Limited, aligns with the company’s commitment to sustainability. 50% Energy from Renewable Sources Under this …

RailTel to Announce Second Interim Dividend for FY25; Stock Edges Higher

RailTel to Announce Second Interim Dividend for FY25; Stock Edges Higher

12 March 2025

RailTel Corporation of India share price opened at ₹294.05 on Wednesday, slightly above the previous close of ₹293.05. The stock later rose to an intraday high of ₹298.50 but experienced some volatility due to overall market fluctuations. Second Interim Dividend Announcement On March 7, 2025, RailTel informed stock exchanges that its Board of Directors would …

Mid-Day Top Gainers and Losers on March 12, 2025: IndusInd Bank and Kotak Bank Gainers

Mid-Day Top Gainers and Losers on March 12, 2025: IndusInd Bank and Kotak Bank Gainers

12 March 2025

On March 12, 2025, as of 1.30 PM, the Nifty 50 was down 0.28% at 22,435.60, while the BSE Sensex was down 0.23% at 73,930.28.  Here are the mid-day top gainers and losers as of 12:53 PM on March 12: Mid-Day Top Gainers  Symbol Open High Low LTP %chng INDUSINDBK 630 694.7 606 683.9 4.26 …

Godrej Consumer Products Inaugurates ₹515 Crore Greenfield Plant in Tamil Nadu

Godrej Consumer Products Inaugurates ₹515 Crore Greenfield Plant in Tamil Nadu

12 March 2025

Godrej Consumer Products Limited (GCPL) has inaugurated its first integrated greenfield manufacturing plant in Chengalpattu district, on the outskirts of Chennai, with an investment of ₹515 crore. The facility is expected to generate around 1,000 direct and indirect jobs, significantly contributing to local employment and economic development. Godrej Consumers’ Largest Manufacturing Investment Spanning 27 acres, …

IndusInd Bank Crash Wipes Out ₹7,300 Crore from Mutual Funds; Here’s Who Lost the Most

IndusInd Bank Crash Wipes Out ₹7,300 Crore from Mutual Funds; Here’s Who Lost the Most

12 March 2025

IndusInd Bank shares plunged over 27% on Tuesday, March 11, 202,5 after the bank disclosed “discrepancies” in certain portfolios.  These led to an estimated adverse post-tax impact of 2.35% on its net worth as of December 2024. This massive stock erosion has significantly affected mutual fund holdings, resulting in losses amounting to thousands of crores. …

Poly Medicure Secures EU MDR Certification for 54 Medical Devices

Poly Medicure Secures EU MDR Certification for 54 Medical Devices

12 March 2025

Medical consumables company Poly Medicure Ltd announced on Tuesday (March 11) that it has received Medical Device Regulation (MDR) certification for 54 of its products. The certification signifies compliance with the European Union’s strict safety, quality, and regulatory standards, reinforcing the company’s commitment to high-quality healthcare solutions. Certified Devices Across Multiple Specialties The 54 certified …

Bharti Airtel Partners with SpaceX to Bring Starlink Internet to India

Bharti Airtel Partners with SpaceX to Bring Starlink Internet to India

12 March 2025

Bharti Airtel has announced a strategic partnership with SpaceX, the aerospace giant led by Elon Musk, to introduce Starlink satellite internet services in India. This marks Starlink’s first formal collaboration in the country, significantly boosting Airtel’s presence in the satellite broadband sector, particularly in rural and underserved areas. Regulatory Approvals Still Pending The partnership is …

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