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Cyient Appoints Sukamal Banerjee as Executive Director and CEO of DET Business

Cyient Appoints Sukamal Banerjee as Executive Director and CEO of DET Business

20 February 2025

Engineering solutions company Cyient has appointed Sukamal Banerjee as Executive Director and Chief Executive Officer (CEO) of its Digital, Engineering, and Technology (DET) business for a five-year term, starting February 19, 2025. Banerjee will also join the board of directors of Cyient Ltd., the company announced in a regulatory filing on Wednesday. “We wish to …

Supreme Court Quashes ₹186 Crore Tax Demand Against Patanjali Foods

Supreme Court Quashes ₹186 Crore Tax Demand Against Patanjali Foods

20 February 2025

Patanjali Foods has announced that the Supreme Court of India has dismissed a Special Leave Petition (SLP) filed by the Principal Commissioner of Income Tax Central 4, quashing a ₹186 crore tax demand related to pre-Corporate Insolvency Resolution Process (CIRP) periods. The ruling upholds the earlier decision of the Bombay High Court, which had rejected …

Orchid Pharma Successfully Completes USFDA Inspection at Alathur API Plant

Orchid Pharma Successfully Completes USFDA Inspection at Alathur API Plant

20 February 2025

Orchid Pharma. has announced the successful completion of a surprise inspection by the U.S. Food and Drug Administration (USFDA) at its Active Pharmaceutical Ingredient (API) manufacturing facility in Alathur, Tamil Nadu. The inspection, which began on February 10, 2025, and concluded on February 18, 2025, resulted in seven minor observations, none of which were related …

RPP Infra Projects Secures ₹62.78 Crore Road Expansion Contract in Tamil Nadu

RPP Infra Projects Secures ₹62.78 Crore Road Expansion Contract in Tamil Nadu

20 February 2025

RPP Infra Projects has received a letter of acceptance for a new infrastructure project in Tamil Nadu. The project involves widening the Avinashi-Mettupalayam Road (SH-80) from two lanes to four lanes, enhancing connectivity and easing traffic congestion in the region. In addition to road expansion, the contract includes the reconstruction of a box culvert, as …

Nifty Weekly Expiry Today: Manappuram Finance under F&O ban on February 20, 2025

Nifty Weekly Expiry Today: Manappuram Finance under F&O ban on February 20, 2025

20 February 2025

The Nifty 50 index saw a modest recovery from its intra-day low ahead of the weekly expiry, moving gradually upward on Wednesday, February 19, 2025. Trading remained range-bound, fluctuating between 22,814.85 and 23,049.95 levels. Despite the limited movement, the index failed to hold above the key 23,000 mark, closing with a minor decline of 12.40 …

Netweb Technologies Shares Extended Gains for 2nd Day: Rose~17% in Two Sessions

Netweb Technologies Shares Extended Gains for 2nd Day: Rose~17% in Two Sessions

20 February 2025

On February 20, 2025, Netweb Technologies share price moved over 7% continuing its 10% rally from Wednesday’s session. Netweb Technologies shares have gained 17% over the last two days, recovering nearly half of the losses it experienced during the eight consecutive sessions leading up to Wednesday. Prior to Wednesday’s 10% upper circuit, Netweb Technologies had faced an …

SJVN Interim Dividend: Set Feb 21 As Record Date

SJVN Interim Dividend: Set Feb 21 As Record Date

20 February 2025

The state-owned electricity generating company, SJVN has set Feb 21, 2025, as the record date for its interim dividend for FY25. On February 13, 2025, SJVN declared an interim dividend of ₹1.15. The company further stated that the interim dividend would be paid on March 06, 2025 onwards. SJVN Record Date: What This Mean For …

Bharat Forge Subsidiary Bolsters Presence in US: Signed LOI For Cannons Supply

Bharat Forge Subsidiary Bolsters Presence in US: Signed LOI For Cannons Supply

20 February 2025

On February 19, 2025, Kalyani Strategic Systems Ltd (KSSL), a fully-owned subsidiary of Bharat Forge Ltd, India, and AM General, USA, signed a Letter of Intent (LOI) at IDEX 2025 for the delivery of advanced artillery cannons made in India to the United States. This underscores the first-ever export of cannons from an Indian defence manufacturer …

Mid-Day Top Gainers and Losers on Feb 20, 2025: NTPC, Leads the Gains, HDFC Bank Among Top Losers

Mid-Day Top Gainers and Losers on Feb 20, 2025: NTPC, Leads the Gains, HDFC Bank Among Top Losers

20 February 2025

On February 20, 2025, as of 12:30 PM, the Sensex had dropped 236.41 to 75,707.47, while the Nifty50 was down 37.45 points at 22,895.45. Mid-Day Top Gainers Symbol LTP (₹) % Change Volume NTPC 325.3 3.34% 1,46,93,117 SHRIRAMFIN 573.4 2.80% 34,09,181 ADANIPORTS 1108.85 2.40% 11,92,019 M&M 2822.5 2.36% 25,23,965 HINDALCO 638.9 2.01% 34,66,422 NTPC NTPC …

ONGC Share Price in Focus; Looks for Partners to Develop Very Large Ethane Carriers

ONGC Share Price in Focus; Looks for Partners to Develop Very Large Ethane Carriers

20 February 2025

India’s Oil and Natural Gas Corp ONGC plans to enter the ethane carrier business by partnering with firms to build VLECs for its western India petrochemical plant. The company aims to source 800,000 tons of ethane annually starting in 2028. ONGC Explores Joint Ventures to Secure Ethane Supply India’s Oil and Natural Gas Corp (ONGC) is …

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