Shriram Finance had declared a 10:2 stock split, with the record date set for today. The announcement was made on October 25, 2024, and the Ex-Date for the split is also January 10, 2025. Following the T+1 settlement cycle in Indian stock markets, yesterday was the final trading day for investors to purchase Shriram Finance shares …
On January 10, 2025, Indian markets fell for the second straight session, ending the week on a negative note. The Sensex dropped 241.30 points (0.31%) to close at 77,378.91, trading within a range of 77,099.55 to 77,919.70 during the day. The Nifty50 also closed lower, down 95 points (0.40%) at 23,431.50. It reached a high …
Senores Pharmaceuticals Limited, headquartered in Ahmedabad, India, has achieved a significant milestone with the United States Food and Drug Administration (USFDA) granting final approval for the marketing of its Metoprolol Tartrate and Hydrochlorothiazide Tablet USP. This drug will be available in two combinations: 50 mg/25 mg and 100 mg/25 mg. This product combines Metoprolol Tartrate, …
On Jan 10, 2025, Spandana Sphoorty share price continued its losing streak for the second straight day with a drop of ~7% at 10:20 AM. Spandana Sphoorty share price opened at ₹452.60 and touched the day low of ₹405.75. In the past 2 trading sessions, the shares of Spandana Sphoorty slipped over 12%. The fall in Spandana …
On January 9, 2025, Indraprastha Gas Ltd (IGL) through an exchange filing announced that its domestic gas allocations will be increased by 31%, which will effective from January 16, 2025. The communication, received from GAIL (India) Ltd, the nodal agency for domestic gas allocation, confirmed the revision. This increase will raise the share of domestic …
On Jan 10, 2025, Phoenix Mills shares rose ~2% intraday and touched the day high of 1684.60 at 10: 03 AM, after opening at 1669.65. The rise in Phoenix Mills shares follows the release of the Q3FY25 and 9MFY25 update, wherein, it reported robust growth across different segments such as retail, hospitality, commercial office, and residential segments. …
Polyplex Corporation Limited, a leading name in the global plastic film industry, has taken a significant step towards business expansion. The company’s Board of Directors has approved the establishment of a new BOPET (biaxially-oriented polyethylene terephthalate) film manufacturing plant in India, reflecting its commitment to meeting the increasing market demand for speciality films. Key Highlights …
Tata Consultancy Services (TCS) has announced the acquisition of two subsidiaries of Tata Realty—TRIL Bengaluru Real Estate Five Ltd. and TRIL Bengaluru Real Estate Six Ltd.—in a deal valued at ₹1,625 crore. This acquisition is part of TCS’s strategy to strengthen its delivery infrastructure and expand its operational capabilities. The two entities being acquired hold …
Policybazaar, in collaboration with leading insurance providers, has introduced the NRI Care Program, a comprehensive service designed to support senior citizen parents of Non-Resident Indians (NRIs) in India. This initiative aims to alleviate the caregiving concerns of NRIs, particularly those from the Gulf, US, and Canada, who prioritise the well-being of their elderly family members. …
Hindustan Zinc Limited (HZL), headquartered in the historic city of Udaipur, Rajasthan, stands as India’s largest and the world’s second-largest integrated producer of zinc, lead, and silver. Founded in 1966 as a public sector undertaking, the company underwent privatisation in 2002. Hindustan Zinc Received a Penalty of ₹35.35 Crore On January 9, 2025, Hindustan Zinc …
