Kiri Industries Limited has achieved a significant legal victory in Singapore, as the Court of Appeal upheld the company’s claims regarding the buyout of DyStar. The court rejected the appeal of Senda International Capital Limited (“Senda”) and ruled in favour of Kiri Industries, awarding a priority payment of US$603.80 million along with interest. This ruling …
Ola Electric has regained its position as the top electric two-wheeler manufacturer in India, capturing a 25% market share in January 2025. The company recorded 22,656 registrations, showing a 65% month-on-month growth, according to Vahan data. This comes after a weak December, where its sales had dropped to a 27-month low Gen 3 S1 Portfolio …
On January 31, 2025, the stock market continued its upward trend for the 4th straight session as Finance Minister Nirmala Sitharaman presented the Economic Survey 2024-25 in Parliament. The BSE Sensex touched an intraday high of 77,549.92 before closing at 77,500.57, gaining 740.76 points (0.97%). Similarly, the NSE Nifty50 rose by 258.90 points (1.11%) to …
Nazara Technologies Limited has announced that its material subsidiary, NODWIN Gaming, has acquired StarLadder, a prominent esports IP and services company. This acquisition, valued at an initial consideration of USD 5.5 million (₹46.75 crore), marks a significant milestone for NODWIN Gaming as it expands its portfolio in the esports domain. The deal consists of a …
Tata Consumer Products Limited announced its unaudited financial results for the quarter and nine-month period ending December 31, 2024. On January 31, 2025, Tata Consumer share price (NSE: TATACONSUM) opened at ₹970.00, up from its previous close of ₹966.70. At 11:03 AM, the share price of Tata Consumer Products was trading at ₹1,000.70, up by 3.52% on …
Western Carriers (India) Ltd has secured a ₹170 crore contract from Hindustan Zinc Limited for multi-modal logistics services. WCIL will handle domestic and export transportation of zinc and lead ingots for HZL over 4 years, reinforcing its leadership in India’s logistics sector. WCIL Wins ₹170 Crore Contract Western Carriers (India) Ltd (WCIL) secured a ₹170 …
H.M. Electro Mech shares debuted at ₹81 on BSE SME, an 8% premium over the ₹75 issue price. The IPO saw an oversubscription of 91.75 times, with strong interest from retail and institutional investors. Listing Details H.M. Electro Mech made a solid market debut on January 31, 2025, with shares listing at ₹81 on the …
Ircon International Limited, in JV with AMRIL, wins a ₹631 crore EPC contract for road construction under Imphal East Division, with a 36-month completion timeline, the company said in a press release on the stock exchange. Project Details Ircon International Limited (IRCON) has been awarded an EPC contract in a joint venture with AMRIL (IRCON: …
Wipro Limited’s share price showed a strong rebound during the opening trade on January 31, 2025. After opening at ₹311.70, the stock dipped to a low of ₹311.50 but quickly recovered, climbing to ₹314.20 reflecting a gain of ₹5.20 or 1.68%. This positive movement not only reversed the early dip but also helped erase the …
GAIL (India) Limited saw a notable surge in its share price during the opening trade on January 31, 2025. The stock opened at ₹169.25 and initially dipped to ₹167.15 before experiencing a sharp recovery, reaching a high of ₹175.40. This resulted in a gain of ₹8.06 or 4.82% at 10:00 AM on the NSE, showcasing strong …
