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Bharti Airtel Shares in Focus; Faces Penalty from DoT for Verification Norm Violation

Bharti Airtel Shares in Focus; Faces Penalty from DoT for Verification Norm Violation

23 December 2024

Bharti Airtel has received a notice from the Department of Telecommunications, imposing a ₹6.84 lakh penalty for alleged violations of subscriber verification norms during an audit in October 2024. Penalty Details On December 21, 2024, Bharti Airtel disclosed that the DoT imposed a penalty of ₹6.84 lakh for violations related to subscriber verification norms, the …

Ola Electric Launches Limited Edition ‘Sona’ Scooter With 24-Karat Gold Elements

Ola Electric Launches Limited Edition ‘Sona’ Scooter With 24-Karat Gold Elements

23 December 2024

Ola Electric Limited has introduced a luxurious limited edition of its flagship scooter, the Ola S1 Pro Sona, adorned with 24-karat pure gold elements. As part of its year-end celebrations, the company aims to enhance its brand presence with innovative offerings and a strengthened sales network. Ola S1 Pro Sona The Ola S1 Pro Sona …

Piramal Enterprises to Raise ₹2,000 Crore via Non-Convertible Debentures

Piramal Enterprises to Raise ₹2,000 Crore via Non-Convertible Debentures

23 December 2024

Piramal Enterprises Ltd (PEL) has announced plans to raise ₹2,000 crore through the issuance of secured Non-Convertible Debentures (NCDs). The decision was approved during a meeting of the Administrative Committee of the company’s Board of Directors held on Friday, December 22, 2024. Details of Fundraising The fundraising will be executed in one or more tranches, …

CarTrade Share Price Drop 5.78% After Hitting 52-Week High Recently

CarTrade Share Price Drop 5.78% After Hitting 52-Week High Recently

23 December 2024

CarTrade Tech Ltd was in focus on Monday. On December 23, 2024, CarTrade share price opened at ₹1,570.00, down from its previous close of ₹1,616.00. At 10:46 AM, the share price of CarTrade Tech was trading at ₹1,522.55, down by 5.78% on the NSE. Notably, the stock touched its 52-week high on December 20, 2024, at ₹1,650.00. …

RBI Slaps ₹27.3 Lakh Penalty on IndusInd Bank for Regulatory Violations

RBI Slaps ₹27.3 Lakh Penalty on IndusInd Bank for Regulatory Violations

23 December 2024

The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹27.3 lakh on IndusInd Bank Ltd for failing to comply with regulatory norms. The penalty, announced through an order dated December 18, 2024, was imposed for violations of the Reserve Bank of India (Interest Rate on Deposits) Directions, 2016. On December 23, 2024, IndusInd …

Top Gainers of the Day – JSW Steel, ITC & HDFC Bank Lead on December 23, 2024

Top Gainers of the Day – JSW Steel, ITC & HDFC Bank Lead on December 23, 2024

23 December 2024

On December 23, 2024, Indian stock market indices, the BSE Sensex increased by 0.64% to close at 78,540.17. The Nifty50 on the other hand, grew by 0.7% closing at 23,753.45. Out of the 50 stocks in the Nifty50 index, here are the top gainers for the day: Stock Name Symbol Last Trading Price (₹) % Change JSW Steel …

Tata Steel Faces €27 Million Penalty for Emissions Violations in the Netherlands

Tata Steel Faces €27 Million Penalty for Emissions Violations in the Netherlands

23 December 2024

Tata Steel is under scrutiny from the Dutch Environmental Service (ODNH) for emissions violations at its coking gas plants 1 and 2 in the Netherlands. The company faces a potential penalty of up to €27 million and has been given eight weeks to significantly reduce harmful emissions. On December 23, 2024, Tata Steel share price saw a …

Shriram Finance Plans ₹5,000 Crore AUM in Green Lending Over Next 3-4 Years

Shriram Finance Plans ₹5,000 Crore AUM in Green Lending Over Next 3-4 Years

23 December 2024

Shriram Finance, one of India’s leading non-banking financial companies (NBFC), announced the consolidation of its green finance operations under the newly launched Shriram Green Finance. The company has set an ambitious target of achieving assets under management (AUM) worth ₹5,000 crore (~$588 million) within the next three to four years, the company revealed on Friday. Focus …

Top Losers of the Day – Hero MotoCorp, Maruti Suzuki & HCLTech Included on December 23, 2024

Top Losers of the Day – Hero MotoCorp, Maruti Suzuki & HCLTech Included on December 23, 2024

23 December 2024

On December 23, 2024, Indian stock market indices, the BSE Sensex increased by 0.64% to close at 78,540.17. The Nifty50 on the other hand, grew by 0.7% closing at 23,753.45. Out of the 50 stocks in the Nifty50 index, here are the 5 top losers for the day: Stock Name Symbol Last Trading Price (₹) % Change Hero …

Mazagon Dock Delivers Nilgiri Stealth Frigate and Surat Destroyer to Indian Navy

Mazagon Dock Delivers Nilgiri Stealth Frigate and Surat Destroyer to Indian Navy

23 December 2024

Mazagon Dock Shipbuilders Limited (MDL) delivered 2 advanced warships to the Indian Navy on December 20, 2024. These include the Nilgiri, the first stealth frigate of Project 17A, and the Surat, the fourth destroyer of Project 15B. Nilgiri Stealth Frigate Nilgiri is the first ship in its class and features cutting-edge stealth technology, which makes …

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