Venus Remedies’ share price jumped over 10% as of 9:27 AM on January 21, 2025, reaching an intraday high of ₹332.40 on the NSE. Here’s why the stock is in the spotlight. Key Update Driving the Surge Venus Remedies Limited witnessed a sharp rise in its share price by over 10% following the announcement of …
63 Moons Technologies Limited, a prominent player in financial technologies, recently announced the strategic divestment of three of its business undertakings: the Straight Through Processing (STP-Gate) messaging solution, the Open Dealer Integrated Network (ODIN), and the MATCH back-office services. These sales, executed through a slump sale basis to Synapsewave Innovations Private Limited, signify a strategic …
Hatsun Agro Product Ltd has announced the acquisition of a 100% stake in Milk Mantra Dairy Pvt Ltd. This strategic move, approved by the board on January 20, strengthens Hatsun Agro’s foothold in the eastern Indian dairy market. Acquisition Details The acquisition involves a total purchase consideration of ₹233 crore. Milk Mantra Dairy’s paid-up share …
The Supreme Court, on January 20, 2025, upheld a Bombay High Court order directing the Income Tax Department to refund ₹1,600 crore to Vodafone Idea Ltd. This includes ₹1,128 crore in excess tax payments for the assessment year (AY) 2016-17, along with ₹500 crore as interest. The apex court dismissed the tax department’s special leave …
Reliance Power Limited has announced the appointment of Neeraj Parakh as its Executive Director and Chief Executive Officer (CEO), effective January 20, 2025. His 3-year tenure is subject to the approval of the company’s members, according to an official filing. Board Approval The decision to appoint Parakh was taken at a board meeting held at …
Cipla announced that the United States Food and Drug Administration (FDA) conducted an inspection at its wholly-owned subsidiary, Medispray Laboratories Private Ltd, situated in Kundaim, Goa, between 14th and 20th January 2025. The inspection concluded with the issuance of a single observation under Form 483. Details of the FDA Inspection The FDA conducted a detailed …
Multi Commodity Exchange of India Limited (MCX) has been in focus post the announcement of its unaudited financial results for the third quarter (Q3) of FY 2024-25. On January 21, 2025, MCX share price opened at ₹5,950.00, down from its previous close of ₹6,026.90. At 10:41 AM, the share price of MCX was trading at ₹5,487.90, down …
Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of ONGC, announced its financial results for the third quarter (Q3 FY 2024-25) and the nine months ended December 31, 2024. Q3 FY 2025 Financial Highlights MRPL reported revenue from operations of ₹25,601 crore in Q3 FY 2024-25, compared to ₹28,364 crore in the same quarter of …
Dixon Technologies (India) Ltd reported its unaudited financial results for the quarter and nine months ended December 31, 2024. Post the announcement, on January 21, 2025, Dixon share price opened at ₹17,248.25, down from its previous close of ₹17,559.45. At 9:40 AM, the share price of Dixon Technologies was trading at ₹15,996.00, down by 8.90% on the …
IDBI Bank reported financial results for the quarter and nine months ended December 31, 2024. Post the announcement, on January 21, 2025, IDBI Bank share price (NSE: IDBI) opened at ₹86.50, slightly up from its previous close of ₹86.14. However, at 10:14 AM, the share price of IDBI Bank was trading at ₹83.24, down by 3.37% on …
