ICICI Securities has entered into a partnership with Tata Consultancy Services (TCS) to upgrade its retail trading and brokerage platform. The announcement was made on April 22, 2025. This involves deploying TCS’s capital markets product, TCS BaNCS, as the core technology for this transition. As of 9:25 am on April 23, 2025, Tata Consultancy Services …
Jindal Stainless Limited, in collaboration with AB Energia Solutions Pvt. Ltd, has successfully commissioned a landmark solar energy project at its Jajpur manufacturing facility in Odisha. With a combined capacity exceeding 30 MWp, the installation is now the largest captive solar energy plant situated within a single industrial campus in the state. Dual Solar Setup: …
Aurobindo Pharma share price rose nearly 3% to ₹1,222.9 on the BSE after its subsidiary, Eugia Pharma Specialities, received final approval from the US FDA to manufacture and sell Dasatinib tablets in the US. By 12:22 PM, the stock was trading 2.65% higher at ₹1,219.6, while the Sensex was up 0.20%. What Is Dasatinib and …
Tata Communications Limited has further expanded its global presence by incorporating a wholly owned step-down subsidiary, TC (Shanghai) Network Services Company Limited (TCSNSCL), in China. The Certificate of Incorporation was officially issued by the Administration for Market Regulation of Lin-gang New Area in the Shanghai Pilot Free Trade Zone on April 22, 2025. The …
India’s tech sector is grabbing attention as IT stocks soar, helping major indices like the Sensex and Nifty reach new highs. The Sensex crossed the 80,000 mark for the first time since January, while the Nifty is trading steadily above 24,200. This marks the seventh consecutive session of gains. What really stands out is the …
Ambuja Cements, part of the Adani Group, has completed the purchase of 37.79% stake in Orient Cement Ltd (OCL) from its promoter, the CK Birla Group. With this acquisition, Ambuja Cements has officially become the promoter of Orient Cement. Overall Stake Rises to 46.66% In addition to buying shares from the promoter group, Ambuja also …
Varun Beverages Limited (NSE: VBL), one of PepsiCo’s largest franchise bottlers globally, has announced a significant operational milestone today. The company has officially commenced commercial production of carbonated soft drinks, juice-based beverages, and packaged drinking water at its new production facility located in Prayagraj, Uttar Pradesh. Strategic Expansion to Boost Supply Chain This strategic expansion …
Siemens Energy India Ltd. has officially become an independent entity after the demerger of the energy business from Siemens Ltd. This structural reorganisation took effect on April 7, 2025—the same day designated as the record and ex-date. The move is aimed at providing better operational focus by isolating the energy vertical from Siemens Ltd.’s core …
India’s leading IT giants—Tata Consultancy Services (TCS) and HCL Technologies—have announced record-breaking dividend distributions for FY25, returning a staggering 93.5% of their annual profits to shareholders. This move strengthens both companies’ adherence to established capital allocation frameworks and signals a firm commitment to delivering shareholder value, even as industry growth moderates. TCS Final Dividend TCS declared …
Delta Corp’s consolidated net profit for Q4 FY25 rose sharply by 127.26% year-on-year to ₹164.56 crore, up from ₹72.41 crore in Q4 FY24. However, revenue from operations fell slightly by 1.20% to ₹182.65 crore from ₹184.87 crore last year. Profit Before Tax and Cost Control Boost Margins The company’s profit before tax (PBT) jumped 142.80% …
