India’s biggest non-banking financial company (NBFC) with a focus on gold loans is Muthoot Finance Ltd. The company, which has its headquarters in Kochi, Kerala, has established a strong reputation in the financial industry by providing a variety of services beyond gold loans, such as business and personal loans, insurance, money transfers, and gold coin …
Vesuvius India Ltd has approved a stock split, the first in the company’s history. The board has decided to split each equity share with a face value of ₹10 into ten shares of ₹1 each. This is aimed at improving liquidity and making the stock more accessible to retail investors. The record date for the …
Godrej Properties Ltd has reported sales worth ₹1,000 crore from its project Godrej Evergreen Square, located in Hinjewadi, Pune. The project was launched in November 2024 and has become the company’s most successful launch in Pune in terms of both value and volume of sales, as per the filing. Project Details Godrej Evergreen Square has …
Paytm has joined forces with Perplexity to integrate AI-powered intelligence into its platform, bringing real-time, reliable information to millions of Indian consumers. Perplexity, the world’s first answer engine, provides fast and accurate responses with trusted sources, revolutionising the way users access financial assistance and digital information. This collaboration is set to transform mobile payments by …
As per news reports, Axis Bank is considering selling a majority stake in its NBFC unit, Axis Finance Ltd. The bank is working with an adviser to review its options and may seek a valuation between $900 million and $1 billion. However, discussions are still ongoing and no final decision has been made. Reason for …
SpiceJet has announced its financial results for the quarter and nine months ended December 31, 2024. On February 27, 2025, SpiceJet share price opened at ₹48.06, up from its previous close of ₹47.975. At 9:52 AM, the share price of SpiceJet was trading at ₹45.60, down by 4.94% on the BSE. Q3 FY 2025 Financial Highlights …
International Gemmological Institute (India) Limited’s (IGIL) Board of Directors has declared and approved an interim dividend of ₹2.44 per equity share of ₹2 each. On February 25, 2025, International Gemmological share price (NSE: IGIL) opened at ₹414.90 and closed at ₹407.00, down by 1.92%. The stock price touched its day’s low at ₹403.95. International Gemmological Interim Dividend …
Lemon Tree Hotels has signed a license agreement to open a new property in Shirdi, Maharashtra. Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels, will operate the hotel, which is expected to start functioning in the financial year 2028. Hotel Facilities and Location The new Hotel will offer 50 well-furnished rooms along …
The Indian Railways is set to achieve 100% electrification by the financial year 2026 (FY26), reinforcing its commitment to sustainability. Union Minister of Railways, Mr Ashwini Vaishnaw, made this announcement at the Madhya Pradesh Global Investors Summit (GIS) 2025. He confirmed that over 97% of the electrification has already been completed, with the remaining work …
On February 27, 2025, as of 12:00 PM, the BSE Sensex was down 0.01% at 74,599.83, while the Nifty 50 was down 0.08% at 22,529.30. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng SHRIRAMFIN 581.3 604.2 580.3 601.6 4.76 BAJFINANCE 8,542.60 8,739.00 8,542.60 8,698.00 …
