Tata Consumer Products (TCP) has strongly refuted claims suggesting that its joint venture (JV) partner, Starbucks, is planning to exit India. Reacting to a report alleging that Starbucks was considering leaving the Indian market due to high costs, poor taste, and mounting losses, TCP dismissed the information as “baseless.” Tata Consumer share price traded 0.38% higher …
Deep Industries Limited, a leading provider of oilfield services, has announced receiving a Letter of Award (LoA) from Selan Exploration Technology Limited. The award pertains to the provision of integrated drilling services across Selan-operated blocks, solidifying Deep Industries’ role as a key player in the energy sector. Key Highlights of the Contract Awarding Entity: Selan …
Marico Ltd, a leading consumer goods company, announced a legal victory after the Supreme Court of India dismissed an appeal filed by the Commissioner of Central Excise (CCE) in a long-standing excise duty dispute. The case revolved around classifying pure coconut oil for tax purposes between 2005 and 2007, a matter under contention since 2009. …
The Supreme Court of India has ruled that commuters on the Noida DND Flyway will continue to travel toll-free, dismissing an appeal by the Noida Toll Bridge Corporation Limited (NTBCL). The court upheld a previous order from the Allahabad High Court, which had directed NTBCL to cease toll collection on the Delhi-Noida Direct (DND) flyway. …
On December 20, 2024, Dr Reddy’s Laboratories share price traded 2.50% higher at ₹1,358.70 at 1:01 PM (IST), outperforming the broader market as the BSE Sensex plunged by 687.43 points to 78,530.62. The stock has shown significant movement over the past year, with a 52-week high of ₹1,420.20 on August 21, 2024, and a 52-week low of …
Bharti Airtel Limited has announced a strategic partnership with Zee5, India’s leading OTT platform, to offer an exciting digital content experience to its WiFi customers. Details of the Partnership This collaboration allows Airtel customers on plans starting from ₹699 or higher to access Zee5’s vast content library at no additional cost. With this, subscribers can …
On December 19, Bharti Airtel informed the stock exchanges that it had prepaid ₹3,626 crores to the Department of Telecom, clearing all liabilities for spectrum acquired in 2016. On December 20, 2024, Bharti Airtel share price opened at ₹1,610.00, up from its previous close of ₹1,600.30. At 9:54 AM, the share price of Airtel was trading at …
Easy Trip Planners Limited (EaseMyTrip) announced that it has partnered with OLX India to introduce a dedicated ‘Travel’ section on the OLX platform. This strategic move expands OLX’s service offerings, enabling users to book flights, hotels, and holiday packages seamlessly. Key Benefits for OLX Users Seamless Travel Booking: Users can plan and book travel directly …
PTC Industries Limited has announced the successful acquisition of 100% ownership in Trac Holdings Limited, which owns Trac Precision Solutions. Acquisition Details Trac, based in the UK, is renowned for its high-precision manufacturing of turbine blades, nozzle guide vanes, heat shields, and other critical components used in aerospace, defence, and power generation industries. This acquisition …
On December 18, 2024, IOL Chemicals & Pharmaceuticals made an announcement via an exchange filing, stating that the Board of Directors will meet on December 27, 2024, to evaluate and approve a stock split of its share capital. Specifically, the discussion will focus on the sub-division or split of the company’s current equity shares, which …
