JBM Auto, a leading manufacturer of electric buses and vehicles, has announced a stock split, reducing the face value of its equity shares. JBM Auto has set January 31, 2025, as the record date for its 1:2 stock split, reducing the face value of its equity shares from ₹2 to ₹1 each. Known for its …
Nibe Ltd’s Share Price Performance The share price of small-cap aerospace and defence company Nibe Ltd increased by 0.72% to ₹1,554 as of 9:41 AM on January 13, 2025. The stock has delivered staggering returns of 3,039.17% over three years and 84.5% in the past year. Here’s a closer look at what the “Mega Project” …
Inox Wind (IWL) has announced that CARE Ratings has upgraded the company’s credit ratings. The rating upgrade reflects a stronger financial position and improved business prospects. Short-Term Rating Upgraded to ‘CARE A1+’ CARE Ratings has upgraded IWL’s short-term rating from ‘CARE A1’ to ‘CARE A1+’. This move highlights the company’s solid financial standing, supported by …
The Maha Kumbh 2025, scheduled to be held in Prayagraj, Uttar Pradesh from January 13 to February 26, is not just a religious congregation but an unparalleled global tourism event. Organised every 12 years, this Poorna Kumbh is anticipated to draw millions of visitors, presenting India with a unique chance to showcase its rich cultural …
Interarch Building Products Limited, a pioneer in pre-engineered building solutions, has taken a significant step in advancing India’s technological and sustainable future. The company recently secured orders worth ₹221 crore for projects in the revolutionary semiconductor and lithium-ion battery sectors. This achievement not only reinforces Interarch’s position as a leader in the infrastructure space but …
Grasim Industries’ share price dropped by 1.65%, reaching a 7-month low as of 11:00 AM on Monday, January 13, 2025. The decline followed the company’s disclosure of a “minor process safety incident” at its Karwar plant in Karnataka, which occurred on Saturday, January 11, 2025. The incident was attributed to a technical malfunction caused by …
Macrotech Developers, a real estate developer, has delivered an impressive 100 million square feet of real estate and is currently developing over 110 million square feet as part of its ambitious ongoing and planned portfolio. Acquired 20 acres of Land The Mumbai-based developer, renowned for its Lodha brand, has acquired a prime 20-acre land parcel …
In a landmark decision, the National Company Law Appellate Tribunal (NCLAT) has sanctioned the long-pending merger between Equinox India and Embassy Group entities. This move comes after the Chandigarh bench of the National Company Law Tribunal (NCLT) had stalled the amalgamation process in May 2023, citing objections from the Income Tax Department. The merger, initially …
Shilpa Medicare Limited, based in Raichur, Karnataka, has secured Marketing Authorization in Portugal, Europe, for its innovative Tadalafil Orodispersible Films (20 mg). Shilpa Medicare Achieves Marketing Authorisation in Europe This groundbreaking approval makes Shilpa Medicare the first company globally to offer this convenient, mouth-dissolving formulation, which is bioequivalent to the reference drug. Approved through a …
Real estate company Godrej Properties Ltd has announced the launch of its first premium residential project in Hyderabad, named ‘Godrej Madison Avenue’, with an expected revenue of around ₹1,300 crore. The company made this announcement through a regulatory filing on Monday. Details of the Project The Godrej Madison Avenue project will be located in Kokapet, …
