State-owned Life Insurance Corporation of India (LIC) announced on Monday, February 24, 2025, that it has received a demand order from the Assistant Commissioner, Ward 206, Zone 11, Delhi, seeking a total of ₹57.28 crore in Goods & Services Tax (GST), interest, and penalties for the financial year 2020-21. Breakdown of the GST Demand According …
State-owned Indian Renewable Energy Development Agency Ltd (IREDA) announced on Monday, February 24, 2025, that its shareholders have approved a plan to raise up to ₹5,000 crore through a Qualified Institutions Placement (QIP) of equity shares. The fundraising, which will be conducted in one or multiple tranches, will result in a dilution of the Government …
On February 25, 2025, as of 12:03 PM, the BSE Sensex was up 0.20% at 74,601.03, while the Nifty 50 was flat at 22,554.40. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng M&M 2,740.00 2,803.95 2,728.15 2,799.65 3.34 BHARTIARTL 1,597.00 1,642.50 1,597.00 1,639.05 2.36 …
State-owned infrastructure company NBCC announced on Monday, February 24, 2025, that it has secured a construction order worth ₹264.16 crore from the National Institute of Technology (NIT) Kurukshetra. The contract involves the construction of multiple buildings, including an academic block, hostel block, residential block, director’s residence, vertical extension of hotels and academic buildings, and other …
Manappuram Finance has responded to recent media reports suggesting a potential $1 billion deal with Bain Capital, stating that there is currently no material information that requires disclosure under SEBI’s Listing Regulations. In a letter submitted to the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on February 24, 2025, the company clarified …
Torrent Power Limited has informed the stock exchanges about the incorporation of multiple new subsidiaries under its wholly owned subsidiary, Torrent Green Energy Private Limited (TGEPL). Incorporation of Torrent Urja 32 Private Limited TGEPL incorporated Torrent Urja 32 Private Limited (TU32) as a wholly owned subsidiary on February 12, 2025, and received its Certificate of …
SpiceJet Limited is in focus on Tuesday ahead of the Q2 and Q3 FY 2025 financial results announcement. On February 25, 2025, SpiceJet share price opened at ₹47.48, almost the same as its previous close of ₹47.17. At 10:03 AM, the share price of SpiceJet was trading at ₹47.74, up by 1.21% on the BSE. Notably, the …
Adani Power Limited (APL) informed the stock exchanges that it has received a Letter of Intent (LOI) to acquire Vidarbha Industries Power Limited, a subsidiary of Reliance Power. Vidarbha Industries Power is currently undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC) 2016. The company owns and operates a 2×300 …
Tata Investment share price jumped over 8% on Wednesday, reaching a high of ₹6,225 on the BSE. This surge came after reports confirmed that Tata Capital had received board approval for its much-anticipated initial public offering (IPO). Tata Capital’s IPO Plan Tata Capital, a major financial services company under the Tata Group, plans to issue …
SBI Cards and Payment Services share price is in focus today (February 25, 2025) as its shares are trading ex-dividend. The record date for determining eligible shareholders for the dividend payout is also set for today. Under the T+1 settlement system, investors who purchased SBI Cards shares on February 24, 2025, will be eligible for …
