Reliance Industries Limited (RIL) has been entangled in a legal dispute with the Government of India (GoI) regarding claims of gas migration from ONGC’s blocks in the KG-D6 basin. The conflict dates back to 2018, when an eminent international arbitration panel ruled in favour of RIL and its partners, awarding them approximately $1.55 billion against …
The Government of India (GoI) has granted Navratna status to Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC). With this, IRCTC becomes the 25th and IRFC the 26th company to receive the status among Central Public Sector Enterprises (CPSEs). The upgrade was confirmed by the Department of Public Enterprises in …
Emerald Finance Limited (EFL), a Chandigarh-based fintech company renowned for its Early-Wage-Access Scheme, announced its decision to convene an EGM on March 25, 2025, for obtaining shareholder approval for the issuance of 11,48,900 equity shares through a preferential allotment scheme. Prominent companies such as BAYA Finserve Technologies Pvt Ltd. and Saint Capital Mauritius are participating in …
On March 4, 2025, as of 12:18 PM, the BSE Sensex was down 0.20% at 72,941.90, while the Nifty 50 was down 0.23% at 22,067.80. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng SBIN 693 717.35 692.1 713.5 2.62 BEL 253.89 265.68 252.5 263.4 …
Jupiter Wagons informed the exchanges that Jupiter Electric Mobility (JEM), the electric vehicle arm of the Jupiter Group, has taken a major step in supporting India’s Atmanirbhar Bharat vision with the launch of its flagship electric light commercial vehicle (e-LCV), the JEM TEZ. The company also inaugurated a cutting-edge EV manufacturing plant in Pithampur, Indore, …
Poonawalla Fincorp Limited has introduced PL Prime Digital 24×7, a fully digital personal loan product aimed at salaried professionals. This industry-first offering enables eligible customers from prime corporates to access loans of up to ₹15 lakh instantly, with approvals in just 15 minutes. The process is entirely paperless, ensuring a seamless borrowing experience without collateral. …
UltraTech Cement, the flagship company of the Aditya Birla Group, expects India’s cement demand to exceed 640 million tonnes per annum (MTPA) by FY30. According to the company’s latest investor presentation, the demand is projected to grow at a CAGR of 7-8% between FY24 and FY30, based on industry estimates and research reports. In FY24, …
Bengaluru-based electric vehicle (EV) manufacturer Ola Electric is once again in the spotlight for layoffs, with reports suggesting that the company plans to cut over 1,000 payroll employees and contract workers to reduce its losses. However, there has been no official confirmation from Ola Electric regarding these reports. Mass Layoffs Across Departments According to news …
Shares of Granules India gained nearly 1% on Tuesday, March 4, 2025, reaching ₹477 at 10:03 AM (IST) after the Life Insurance Corporation of India (LIC) increased its stake in the pharmaceutical company to 5.02%. LIC Increases Stake to 5.02% in Granules The state-owned insurance giant purchased an additional 17.83 lakh shares of Granules India between January …
Zen Technologies announced on Monday (March 3) that it has been granted its third patent for the T-90 Tank Simulator, specifically for the Containerised Driving Simulator System (T-90 DS). This latest patent further cements Zen’s position as a leading innovator in military training simulation technology. The patent, filed on March 24, 2022, is valid until …
