Welspun Corp Ltd share price experienced an intraday rise of 2% to reach ₹802.50 on December 26, 2024. By 10:25 AM, the stock had retreated slightly, trading at ₹798.35. On the same day, the BSE Sensex was also trading up by 0.30%, standing at 78,705.17. New Contract Announcement The rise in Welspun Corp’s stock followed …
Ola Electric, India’s leading electric vehicle (EV) manufacturer, has announced a significant milestone with the expansion of its retail and service network to 4,000 stores across the country. This marks a fourfold increase in Ola’s footprint, making it one of the largest expansions in India’s EV sector. Ola Electric Mobility’s share price opened 3.21% higher …
Saksoft Limited has announced the acquisition of ZeTechno, a Hyderabad-based ServiceNow partner specialising in digital transformation services. Saksoft Acquires ZeTechno for Strategic Growth The company stated that this strategic acquisition will bolster Saksoft’s expertise in ServiceNow implementation, consulting, and custom application development, further reinforcing its position as a leading enterprise digital transformation partner. Founded in …
According to a recent report, Hisense Group, China’s largest television producer and a major appliance manufacturer, is reportedly in talks to acquire up to a 26% equity stake in Epack Durable’s newly formed subsidiary, Epack Manufacturing Technologies. On December 26, 2024, Epack Durable share price traded 2.84% higher at ₹492 on the Bombay Stock Exchange (BSE) at …
Shares of Bharat Forge are likely to stay in focus today, Thursday, December 26, following the company disclosed its intention to invest €39 million in its wholly-owned German subsidiary, Bharat Forge Global Holding GmbH (BFGH). This development follows a recent fund infusion of $64.50 million into Bharat Forge America (BFA), another wholly-owned subsidiary. On December …
On December 23, 2024, on the BSE, Swiggy share price rose 3.26% to ₹595.40 by 12:44 PM (IST), hitting a 52-week high of ₹617 during the intra-day session, compared to its 52-week low of ₹390.70 on November 13, 2024. This surge came even as the BSE Sensex jumped 428.19 points to 78,469.79 by 12:44 PM. According to …
Kalyani Investment Company Limited (KICL), a promoter group entity of Bharat Forge and part of the $2.5 billion Kalyani Group has settled a case with the Securities and Exchange Board of India (SEBI) involving alleged violations of disclosure norms. The company agreed to pay a settlement fee of ₹1.12 crore to resolve adjudication proceedings initiated …
State-run power major NTPC announced on Monday that it has signed a tripartite Memorandum of Understanding (MoU) with GRIDCO (a Government of Odisha undertaking) and the Capital Region Urban Transport (CRUT), the state’s public transit agency, to establish green hydrogen infrastructure in Odisha. The agreement was signed as part of NTPC’s commitment to promote green …
State-owned Indian Oil Corporation (IOC) has initiated an investigation into allegations that US-based speciality chemicals company Albemarle Corporation bribed its officials between 2009 and 2011 to secure contracts for supplying catalysts. The company disclosed that Albemarle allegedly paid around $1.14 million in commission to an intermediary in India. In return, Albemarle reportedly earned approximately $11.14 …
On December 24, 2024, Punjab National Bank’s share price opened at ₹101.75, down from its previous close of ₹101.40. By 1:50 PM, the share price of PNB was trading at ₹101.50, up by 0.10% on the BSE. The stock touched a day high of ₹102.20 and a low of ₹100.80 during the day. The market cap …
