On February 6, 2025, the Indian stock market benchmark index BSE and the Nifty closed in the red. The BSE Sensex was down by 0.27% closing at 78,058.16, while the Nifty50 was down by 0.25% at 23,603.35. Among sectors, the Nifty Consumer Durables and Nifty Realty indices saw a fall of more than 1.5%. Top …
In today’s fast-paced world, young people are changing the way they spend and save money. The rise of consumerism, combined with easy access to credit through EMIs (Equated Monthly Instalments), is affecting their saving behaviours. The reasons behind this shift and how EMI culture is harming the savings habits of today’s youth. Instant Gratification Temptation: …
Hyderabad-based MTAR Technologies Limited has announced securing multiple orders amounting to ₹200 crore across various high-tech sectors, including Clean Energy, Civil Nuclear Power, Aerospace, and Space. The company, known for its advanced engineering capabilities, has received significant contracts from leading international and domestic organisations. The share price of MTAR Technologies has gained over 1% as …
HDFC Life Insurance Company Limited is issuing NCDs worth up to ₹1,000 crore to raise funds for general corporate purposes. These NCDs will be listed on the NSE and have a 10-year tenure with an option for early redemption after 5 years. Overview of the Fundraising Plan HDFC Life Insurance Company Limited is planning to …
Life Insurance Corporation of India (LIC), the country’s largest insurer, has been issued a demand notice amounting to ₹105.42 crore for the alleged short payment of Goods and Services Tax (GST). The notice, covering multiple states, includes interest and penalties for a period spanning seven financial years. LIC has acknowledged the communication in a regulatory …
Alldigi Tech Limited, formerly known as Allsec Technologies Limited, has announced a strategic partnership with LuLu Financial Holdings, a global financial services provider based in the UAE. This collaboration aims to redefine payroll and HR management solutions for small and medium enterprises (SMEs) across the Middle East and Africa (MEA) region. Alldigi Tech, a subsidiary …
HCLTech, a leading global technology firm, has announced a strategic collaboration with ChargePoint, a prominent provider of networked EV charging solutions. This partnership aims to accelerate innovation in electric vehicle (EV) charging software, a crucial component in the transition towards sustainable mobility. As of 10:43 AM on February 6, 2025, HCL Tech’s share price was …
Apollo Micro Systems Ltd., established in 1985 and headquartered in Hyderabad, stands as a distinguished leader in the design, development, and assembly of bespoke electronic and electro-mechanical solutions. Consortium Agreement with Redon Systems Pvt Ltd In a strategic move to bolster India’s defence manufacturing capabilities, Apollo Micro Systems has forged a landmark consortium agreement with …
Oswal Greentech Limited, established in 1981 and headquartered in New Delhi, India, predominantly operates in real estate development and strategic investments. The company’s activities span trading real estate assets, equity investments, and extending inter-corporate deposits. Oswal Greentech Limited Acquired 4.97% Stake in OAML In a significant move to bolster its influence and reaffirm its commitment …
InterGlobe Aviation Limited, the parent company of Indigo, has disclosed information related to penalties imposed by tax authorities. The company has received two significant GST-related penalty orders which are currently being contested. GST Penalty from Delhi South Commissionerate The Additional Commissioner of Central Goods & Service Tax – Delhi South Commissionerate has imposed a penalty …
