India’s leading consumer goods company, Godrej Consumer Products, is set to gradually increase soap prices to safeguard its margins as palm oil costs continue to rise. CEO Sudhir Sitapati, told Reuters in the southern Indian state of Tamil Nadu, that while the company aims to widen margins, it will avoid sudden price hikes to minimise …
The Indian Railway Finance Corporation (IRFC) has recently announced an upcoming Board Meeting to discuss the declaration of the Second Interim Dividend for the financial year 2024-25. Here’s everything you need to know about this important update. Key Details of the IRFC Dividend Announcement Board Meeting Date: Monday, March 17, 2025. Purpose: To consider the …
Shakti Pumps (India) Limited’s share price declined by 2.89% on March 11, 2025, trading at ₹886.35 at 11:00 AM on the NSE, down ₹26.35 from its previous close of ₹912.70. The stock opened at ₹867.10, which also marked the day’s low, while the high remained at ₹912.70. Shakti Pumps (India) Limited touched its lower circuit limit …
India’s largest iron ore producer, National Mineral Development Corporation (NMDC), has reported a slowdown in operations across its iron ore projects due to an ongoing work-to-rule protest by trade unions. The protest, linked to wage settlement negotiations, has significantly impacted daily production at NMDC’s key projects in Kirandul, Bacheli, and Donimalai. Trade Unions Protest Slows …
Indoco Remedies announced that its Hyderabad-based clinical research unit, AnaCipher, underwent an inspection by the United States Food and Drug Administration (USFDA). The inspection, conducted between March 3 and March 7, 2025, was carried out under the USFDA’s Bioresearch Monitoring Program (BIMO) and the Office of Study Integrity & Surveillance (OSIS). Scope of the USFDA …
Infosys Limited has been gaining attention on Tuesday. On March 11, 2025, Infosys share price (NSE: INFY) opened at ₹1,680.00, down from its previous close of ₹1,701.45. At 10:53 AM, the share price of INFY was trading at ₹1,645.10, down by 3.31% on the NSE. The decline comes amid broader market fluctuations. As of 10:58 …
According to the news reports, IndusInd Bank, one of India’s largest private lenders, has identified discrepancies in parts of its derivative portfolio. The review was conducted in compliance with the Reserve Bank of India’s (RBI) directions on investment portfolios of lenders, issued in September 2023. Estimated Impact on Net Worth Following the internal assessment, the …
Wardwizard Innovations & Mobility Limited, one of India’s leading electric vehicle manufacturers under the brands ‘Joy e-bike’ and ‘Joy e-rik,’ has taken a major step forward in its USD 1.29 billion partnership with Beulah International Development Corporation. The company has successfully dispatched four additional customised electric three-wheelers to the Philippines for testing, ensuring their suitability …
Zomato share price has been falling for 5 consecutive trading sessions due to weak market sentiment. Over the past 5 days, the stock has lost more than 11.23%. On Tuesday, Zomato’s stock dropped another 5%, hitting an intraday low of ₹200 on the National Stock Exchange (NSE). Stock Market Trends The Indian stock market opened …
Energy and environment solutions provider Thermax Ltd announced on Monday (March 10) that its wholly-owned subsidiary, Thermax Chemical Solutions Private Ltd, has entered into an exclusive shareholder’s agreement with Oswaldo Cruz Química Indústria e Comércio Ltda (OCQ), a leading Latin American chemical company specialising in resins and polymers. Thermax will hold a majority 51% stake …
