KKR has signed definitive agreements to acquire a controlling stake in Healthcare Global Enterprises (HCG) from CVC Asia V. The acquisition will be carried out at ₹445 per share, with KKR purchasing up to 54% of HCG’s equity from CVC. An open offer will be conducted to acquire an additional 26% stake from public shareholders, …
On February 24, 2025, BSE Sensex closed 1.14% lower at 74,454.41, while Nifty50 plunged 1.06% to 22,553.35. Amidst the market volatility, stocks like Transformers and Rectifiers (India), E2E Networks and Indo Tech Transformers hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today. Stocks That Hit Upper Circuit on February 24, 2025 …
The electronics division of Kalyani Powertrain, a wholly owned subsidiary of Bharat Forge Ltd., has announced a strategic collaboration with AMD (Advanced Micro Devices) to bolster India’s server market. This partnership signifies a key milestone in advancing India’s digital ecosystem by integrating AMD’s cutting-edge technology into locally manufactured server solutions. Unveiling the First AMD EPYC …
On February 24, 2025, the Indian stock market benchmark index BSE Sensex and Nifty ended in the red. The BSE Sensex was down by 1.14% closing at 74,454.41, while the Nifty50 was down by 1.06% at 22,553.35. Among sectors, the Nifty IT and Nifty Metal declined by over 2% each. Top Gainers of the Day …
IT stocks took a hit today, with Nifty IT falling 2.56% to 39,504.85, making it the worst-performing sector. Major IT companies saw losses, with Wipro dropping 3.53%, Infosys dropping 3.33%, TCS dropping 2.30%, LTIMindtree dropping 3.87%, Mphasis dropping 3.59% and L&T Technology dropping the most by 4.31% as of 01:27 PM on February 24. Several …
AI technology is rapidly transforming key sectors in India, including defence, telecom, healthcare, and finance. In defence, AI enhances surveillance, cybersecurity, and autonomous systems. Telecom companies leverage AI for network optimisation, predictive maintenance, and customer service automation. In a recent development, India’s Secretary (Telecom) recently visited the UK to engage with the Department of Science, …
Zen Technologies Limited (ZTL) is a prominent developer, designer and supplier of computer-based training simulators and anti-drone systems. Its clientele includes the Ministry of Defence, police and paramilitary forces, various government departments and private entities. The company upholds high standards with ISO 9001:2008 (QMS) and ISO 27001:2005 (ISMS) certifications and is a recognised CMMI Level …
Public Sector Undertakings (PSUs) have been a key pillar of India’s economy, contributing to growth while supporting the country’s energy, infrastructure, and industrial sectors. These government-owned companies operate across various industries, including energy, banking, utilities, and defence, playing a vital role in national development and government revenue generation. This article explores the top PSU stocks …
The Indian sugar industry plays an important role in the rural economy, supporting millions of sugarcane farmers and offering employment to about 5 lakh workers in sugar mills. As the largest global consumer and 2nd largest producer of sugar, India’s sugar sector provides significant growth opportunities for investors. In this article, find the best sugar …
Global index provider FTSE has announced the list of companies to be included in the March 2025 Semi-Annual Review of its Global Equity Index Series. The adjustments will take effect on 21 March 2025, reflecting the evolving landscape of India’s equity market. These inclusions signify the growing prominence of the selected companies and their increasing …
