Vedanta Limited informed the stock exchanges about receiving an intimation from its promoter group entities under Regulation 30A of SEBI’s Listing Obligations and Disclosure Requirements (LODR). The update was in reference to a facility agreement signed by entities related to Vedanta Limited but not by the listed company itself. As of 12:31 PM, Vedanta’s share …
In a significant development aimed at protecting India’s steel manufacturing industry, the central government has imposed a 12% safeguard duty on the import of specific non-alloy and alloy steel flat products. This measure is designed to curb the impact of a recent surge in steel imports that has put pressure on domestic producers, especially small …
The Maharashtra government has taken firm steps against Ola Electric Mobility Ltd., directing regional transport offices (RTOs) to shut down any store or service centre operating without a valid trade certificate. This move marks a broader regulatory crackdown on the Bengaluru-based electric vehicle manufacturer. RTOs were instructed to act within a day and report closures, …
Tata Motors has announced a landmark achievement for FY25, with the filing of 250 patents and 148 design applications, marking the company’s highest number of filings in a single financial year. This significant milestone underscores Tata Motors’ ongoing emphasis on research, innovation, and the development of advanced technologies that align with global automotive trends. The …
On April 21, 2025, Hindustan Unilever Limited (HUL) officially announced the completion of its acquisition of Uprising Science Private Limited. Following approval from the Competition Commission of India, the deal cements Uprising’s status as a subsidiary of HUL through a significant financial transaction. Completion of the Acquisition Process Hindustan Unilever Limited had previously disclosed, through …
Brigade Enterprises Limited has signed a landmark Joint Development Agreement (JDA) for its first plotted development project in Malur, East Bengaluru. This strategic move reflects the company’s intent to expand into emerging residential corridors supported by robust infrastructure and connectivity. Strategic Land Acquisition and Project Details The Brigade Group has secured approximately 20 acres of …
Gandhar Oil Refinery (India) Ltd. has signed a non-binding Memorandum of Understanding (MoU) with Jawaharlal Nehru Port Authority (JNPA) on April 21, 2025. The MoU concerns potential collaboration for the development of a terminal at the upcoming Vadhvan Port. As of 12:24 PM on April 22, 2025, Gandhar Oil Refinery (India) share price was trading …
Reliance Industries Ltd. (RIL) has made large purchases of government securities from the secondary market, reportedly amounting to ₹7,000-₹10,000 crore during the second week of April. This activity followed the Reserve Bank of India’s (RBI) monetary policy update on April 9, where the central bank cut the policy repo rate. The buying is seen as …
On April 21, 2025, Tata Motors entered into a power purchase agreement (PPA) with Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, to jointly set up a 131 MW wind-solar hybrid renewable energy project. Project Capacity and Scope The hybrid project will supply energy exclusively to Tata Motors’ six manufacturing facilities located …
DCX Systems Limited signed a Joint Venture Agreement on April 21, 2025, with ELTA Systems Ltd, a subsidiary of Israel Aerospace Industries (IAI), along with its group companies. The agreement covers the formation of a joint venture company (JVC) in India. As of 12:52 PM on April 22, DCX Systems share price was trading at …
