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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 …

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 …

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