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GIPCL Shares in Focus; Invests in Vadodara Jal Sanchay’s Wastewater Treatment Project

GIPCL Shares in Focus; Invests in Vadodara Jal Sanchay’s Wastewater Treatment Project

7 March 2025

Gujarat Industries Power Company Limited (GIPCL) has announced its participation in the right issue of Vadodara Jal Sanchay Private Limited (VJSPL). The company has invested ₹3.60 crores in equity shares in proportion to its existing shareholding in VJSPL, the company said in a press release on the stock exchanges. Sustainable Investments with Wastewater Treatment Initiative …

Castrol India Share Price Shows Mixed Trends Following BP-Aramco Acquisition Reports

Castrol India Share Price Shows Mixed Trends Following BP-Aramco Acquisition Reports

7 March 2025

Castrol India Ltd (NSE: CASTROLIND) has been in focus on Friday. On March 7, 2025, Castrol India share price opened at ₹245.00, almost the same as its previous close of ₹245.88. At 11:17 AM, the share price of Castrol India was trading at ₹244.03, down by 0.75% on the NSE. The stock price touched its …

Tata Steel Becomes Tata Group’s Fourth-Largest Company by Market Cap

Tata Steel Becomes Tata Group’s Fourth-Largest Company by Market Cap

7 March 2025

Tata Steel Ltd has surpassed Trent Ltd in market capitalization, reclaiming its position as the fourth-largest company within the Tata Group. As of March 6, 2025, Tata Steel’s market capitalization stands at ₹1.88 lakh crore, which is ₹9,600 crore higher than Trent’s valuation of ₹1.78 lakh crore. As of March 7, 12:13 PM, Tata Steel …

Laurus Labs Commits ₹833 Million to KRKA Pharma Joint Venture

Laurus Labs Commits ₹833 Million to KRKA Pharma Joint Venture

7 March 2025

Laurus Labs Ltd. has approved an ₹833 million investment in KRKA Pharma Private Limited, its joint venture with KRKA d.d., Novo mesto, Slovenia. KRKA d.d. will contribute ₹867 million, maintaining the 51:49 shareholding structure between the two companies.   Following the announcement, as of March 7, 12:50 PM, Laurus Labs Ltd is trading at ₹571.20, down …

FMCG Distributors File Petition Against Quick Commerce Platforms

FMCG Distributors File Petition Against Quick Commerce Platforms

7 March 2025

The All India Consumer Products Distributors Federation (AICPDF) has filed a petition with the Competition Commission of India (CCI) against leading quick commerce platforms—Blinkit, Swiggy’s Swiggy Instamart, and Zepto.  The petition, submitted on February 28, accuses these platforms of selling products at 50% lower prices than those available in traditional and modern trade outlets. The …

TCS Expands Partnership with Northern Trust to Enhance Global Securities Services

TCS Expands Partnership with Northern Trust to Enhance Global Securities Services

7 March 2025

Tata Consultancy Services (TCS) has expanded its collaboration with Northern Trust, a leading financial institution, to improve securities services in 99 markets. This partnership builds on their existing relationship since 2017, with TCS already managing corporate actions and income processing for Northern Trust.   Deployment of Advanced Technology TCS will implement its TCS BaNCS™ Global Securities …

Eris Lifesciences to Transfer 100% Stake in Subsidiaries to Eris Therapeutics

Eris Lifesciences to Transfer 100% Stake in Subsidiaries to Eris Therapeutics

7 March 2025

Eris Lifesciences Limited, a leading Indian pharmaceutical company, has reorganised its holdings by transferring 100% of its shares in 2 subsidiaries—Eris Oaknet Healthcare Private Limited (EOHPL) and Aprica Healthcare Limited (AHL)—to Eris Therapeutics Limited (ETL), a fully owned subsidiary.   “As a part of Eris Groups’ internal structuring of the holdings, the Company has transferred 100% …

Stocks Below ₹50 That Hit Upper Circuit on March 7

Stocks Below ₹50 That Hit Upper Circuit on March 7

7 March 2025

The Indian stock markets witnessed mixed movements on March 7, 2025, with the benchmark indices trading with marginal losses at 9:56 AM. However, the broader market indices outperformed, with the Nifty Midcap 100 and Smallcap 100 indices rising by 0.15% and 0.59%, respectively. This outperformance highlighted a strong market breadth, indicating a predominance of advancing …

K&R Rail Engineering Signs MoU with Indian Port Rail & Ropeway Corp

K&R Rail Engineering Signs MoU with Indian Port Rail & Ropeway Corp

7 March 2025

K&R Rail Engineering Limited has signed a Memorandum of Understanding (MoU) with Indian Port Rail and Ropeway Corporation Limited, a public sector enterprise under the Ministry of Shipping, Government of India. This agreement focuses on collaboration in executing large-scale infrastructure projects, including railways, roads, highways and ports. Scope of the MoU The projects under this …

SBI Life Shares to Trade Ex-Date on March 07: Interim Dividend of ₹2.70

SBI Life Shares to Trade Ex-Date on March 07: Interim Dividend of ₹2.70

7 March 2025

On March 07, 2025, SBI Life shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹2.70 interim dividend. SBI Life Dividend History Ex-Date Dividend Type Dividend Amount (₹) Mar 15, 2024 Interim 2.70 Mar 16, 2023 Interim 2.50 Mar 29, 2022 Interim 2.00 SBI Life Q3FY25 Earnings Highlights …

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