The Sandur Manganese & Iron Ores Limited (SMIORE) has received regulatory approval to increase its permissible annual production (PAP) limit of iron ore. The Central Empowered Committee, constituted by the Hon’ble Supreme Court of India, has approved an enhancement from 3.81 Million Tonnes Per Annum (MTPA) to 4.36 MTPA. Path to Higher Output With this …
On January 1, 2025, CSB Bank Ltd reported its business update for the quarter ended December 31, 2024, wherein, it recorded a significant growth in total deposits of 22.17% year-on-year (YoY), reaching ₹33,406 crore compared to ₹27,345 crore during the same period in the previous year. The exchange filing further stated that the the growth …
Godawari Power & Ispat Lt has successfully completed the acquisition of a 51% stake in Jammu Pigments Ltd. on a fully diluted basis. This strategic move positions the steel manufacturer to diversify into the emerging business of non-ferrous metal recycling, creating opportunities for growth and sustainability. Second Tranche Acquisition Details The latest transaction involved acquiring …
Shares of Petronet LNG fell by more than 5% in early trading on January 2, 2025, following critical remarks from the Petroleum and Natural Gas Regulatory Board (PNGRB) regarding tariffs. PNGRB Alleges Profiteering at Consumers’ Expense The natural gas regulator PNGRB has accused Petronet LNG of profiting at the expense of gas consumers. The company …
RailTel Corporation of India Ltd has received a work order from Bharat Coking Coal Limited (BCCL) for an integrated IT-based security infrastructure project. The order is valued at ₹78,43,30,164, including tax. This significant development highlights RailTel’s continued involvement in the IT and security infrastructure sector. Details of the Order The nature of the order is …
NMDC Limited has announced the provisional production and sales details of iron ore for December 2024 and the cumulative period up to December 2024. The data highlights a mixed performance across key regions, including Chhattisgarh and Karnataka. Monthly Performance In Chhattisgarh, the production for December 2024 stood at 3.34 MT, a slight increase compared to …
The much-awaited demerger of ITC Ltd’s hotel business into a separate entity, ITC Hotels Ltd, will officially take effect on January 1, 2025. The record date for the demerger has been set for January 6, 2025, which marks the ex-demerger date for ITC shareholders. This move is expected to have significant implications for ITC shareholders, …
Va Tech Wabag Limited (WABAG) informed the stock exchanges that the company has secured an order worth ₹145 crore from Chennai Petroleum Corporation Limited (CPCL). Details of the Order The project involves designing, engineering, supplying, fabricating, installing, and commissioning desalination water pipelines between CPCL’s Manali Refinery and Kattupalli desalination plant. This significant project will be …
Adani Wilmar Ltd (AWL) has been in focus on Wednesday. On January 1, 2025, Adani Wilmar share price opened at ₹308.00, almost the same as its previous close of ₹308.05. At 10:18 AM, the share price of AWL was trading at ₹320.00, up by 3.88% on the NSE. As of the same time, the stock touched its …
On January 01, 2025, Tanla Platforms share price ended 11.67% higher at ₹750.45, while the BSE benchmark Sensex settled 368.40 points to 78,507.41. Tanla Platforms share price reached a 52-week high of ₹1,248.40 on January 01, 2024, and a 52-week low of ₹660.50 on December 31, 2024. As per BSE, the total traded volume for the stock …
