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Asian Energy Acquires Kuiper Group to Strengthen Global Energy Services

Asian Energy Acquires Kuiper Group to Strengthen Global Energy Services

21 April 2025

Asian Energy Services Limited has initiated a significant global expansion move by acquiring 100% equity in Kuiper Holdings Limited and Kuiper Group Limited for $9.25 million. This acquisition was executed through its wholly owned subsidiary, Asian Oilfield & Energy Services DMCC (Dubai), positioning the company to strengthen its service portfolio across international markets. Acquisition Details …

PSP Projects Shares in Focus on Winning ₹107 Crore Contract at GIFT City

PSP Projects Shares in Focus on Winning ₹107 Crore Contract at GIFT City

21 April 2025

PSP Projects Limited has received a significant civil construction contract, marking another addition to its expanding project portfolio. The newly awarded project reflects the company’s continued momentum in the institutional infrastructure space within India. Work Order for BIFC-2 Building in GIFT City The company has been awarded a work order by Brigade (Gujarat) Projects Private …

MTNL Shares Down on April 21; Defaults on Over ₹8,300 Crore in Loans With Multiple Banks

MTNL Shares Down on April 21; Defaults on Over ₹8,300 Crore in Loans With Multiple Banks

21 April 2025

Mahanagar Telephone Nigam Ltd (MTNL) is now grappling with a severe financial crisis. The company has defaulted on substantial loan repayments to multiple public sector banks, raising concerns over its long-term viability. Over 8,300 Crore Default Across Multiple Lenders MTNL has defaulted on loans totalling ₹8,346 crore, as per an exchange filing released on Saturday. …

JB Chemicals Share in Focus on Securing USFDA Approval for Hypertension Drug

JB Chemicals Share in Focus on Securing USFDA Approval for Hypertension Drug

21 April 2025

JB Chemicals & Pharmaceuticals Ltd. has received approval from the United States Food and Drug Administration (USFDA) to manufacture and market Bisoprolol Tablets USP in 5 mg and 10 mg strengths. The approval was issued under the Abbreviated New Drug Application (ANDA) route. As of 9:20 am on April 21, 2025, J B Chemicals and …

NFL to Acquire 18% Stake in Assam Urea Plant Joint Venture for ₹572.45 Crores

NFL to Acquire 18% Stake in Assam Urea Plant Joint Venture for ₹572.45 Crores

21 April 2025

National Fertilizers Limited (NFL) will invest around ₹572.45 crore to acquire an 18% equity stake in a proposed joint venture company that will set up a new ammonia-urea plant in Namrup, Assam. The company’s board approved the proposal at its meeting held on April 18, 2025. As of 9:20 AM on April 21, 2025, National …

Zydus Lifesciences Arm Secures Global Rights to Brazil’s Braile Biomedica’s TAVI System

Zydus Lifesciences Arm Secures Global Rights to Brazil’s Braile Biomedica’s TAVI System

21 April 2025

Zydus Medtech, a subsidiary of Zydus Lifesciences, has signed a global licensing agreement with Brazil-based Braile Biomedica to commercialise its Transcatheter Aortic Valve Implantation (TAVI) system. The deal covers markets in India, Europe, and other selected regions. As of 9:24 am on April 21, 2025, Zydus Lifesciences share price was trading at ₹831.75, a 0.024% …

What Are the Top 3 Stocks of Adani? – Based on Market Cap, 5Y CAGR & Net Profit Margin

What Are the Top 3 Stocks of Adani? – Based on Market Cap, 5Y CAGR & Net Profit Margin

21 April 2025

The Adani Group, established in 1988, is one of India’s leading conglomerates with a diverse portfolio spanning ten publicly listed companies. It holds a dominant position in the transport logistics and energy utility sectors and is widely recognised for its role in nation-building and infrastructure development. As India’s only infrastructure-focused investment-grade issuer, the group has …

Eternal(Zomato) Proposes 49.5% Cap on Foreign Ownership to Maintain IOCC Status

Eternal(Zomato) Proposes 49.5% Cap on Foreign Ownership to Maintain IOCC Status

21 April 2025

Eternal Limited (formerly Zomato Limited) has proposed a cap of up to 49.5% on total foreign ownership. The board approved this on April 18, 2025. Shareholders will vote on the resolution through electronic postal ballot from April 20 to May 19, 2025. The outcome will be announced by May 21. As of 9:32  am on …

Divi’s Laboratories Share Price Gains on Apr 21; Signs Long-Term Supply Agreement

Divi’s Laboratories Share Price Gains on Apr 21; Signs Long-Term Supply Agreement

21 April 2025

Divi’s Laboratories Ltd recently informed the stock exchanges that it has signed a long-term manufacturing and supply agreement with a global pharmaceutical company. The contract is international in scope and pertains to the supply of advanced intermediates. Confidentiality Clause The name of the customer and quantitative terms of the deal have not been disclosed due …

HDFC Bank Share Price in Focus; Posts 10% Growth in FY25 PAT, Declares ₹22 Dividend

HDFC Bank Share Price in Focus; Posts 10% Growth in FY25 PAT, Declares ₹22 Dividend

21 April 2025

HDFC Bank Limited has announced its consolidated and standalone financial results for the quarter and year ended March 31, 2025.   Post the announcement, on April 21, 2025, HDFC Bank share price opened at ₹1,924.00, up from its previous close of ₹1,906.70. At 9:36 AM, the share price of HDFC Bank was trading at ₹1,933.30, up …

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