On March 26, 2024, Valor Estate Ltd (Formerly DB Realty Ltd) issued a formal clarification to address concerns arising from a recent High Court order related to the 2G spectrum allocation case. Recent High Court Order and Media Speculation A recent pronouncement by the Delhi High Court regarding the CBI vs A. Raja & Others …
On Tuesday, the benchmark indices were trading in the red with the Sensex down around 283 points or 0.40% at 72,550, while the Nifty-50 down around 64 points or 0.29% at 22,033. About 1,476 shares have advanced; 2,141 declined; and 178 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index: …
On March 26, 2024, DreamFolks Services Limited, a tech-enabled global travel and lifestyle services provider, inaugurated a state-of-the-art computer lab for students at Government Model Sanskriti Primary School in Tigra village, Sector 57, Gurugram. The company has established the computer lab under its corporate social responsibility (CSR) initiative – Project Akshar. This project aims to …
On March 26, 2024, Ujjivan Small Finance Bank (Ujjivan SFB) entered into a strategic partnership with one of the leading supply chain finance (SCF) companies, Veefin Solutions Ltd, with an objective to offer robust supply chain finance offerings for the working capital needs of MSMEs. Ujjivan SFB will benefit from Veefin’s platform, which provides end-to-end …
About the Partnership: Tejas Networks Limited, a global R&D-driven telecom equipment company, announced today that it has signed a Memorandum of Understanding (MoU) with Telecom Egypt (TE), ITIDA (Information Technology Industry Development Agency), and NTI (National Telecom Institute) to replicate its successful experience in implementing Bharatnet (Rural Broadband Project) and NKN (National Knowledge Network) projects …
Mankind Pharma, one of the biggest pharmaceutical companies in India, is engaged in the manufacturing and marketing of pharmaceutical formulations across various acute and chronic therapeutic areas, as well as several consumer healthcare products. The company’s shares are in the limelight today due to a block deal. Beige Limited, a private equity firm affiliated with …
The oil & gas, energy, power, and capital goods sectors made significant strides in attempting to bolster market sentiment with noticeable gains. However, domestic indices were trading lower, affected by declines in the information technology, banking, and FMCG sectors. At 10:35 am, the BSE Sensex fell 0.35% reaching a level of 72,576. The Nifty 50 …
On Tuesday, Adani Ports & Special Economic Zone Ltd announced that they have entered into definitive agreements to acquire a 95% stake in Gopalpur Ports Ltd. Details of the Agreement On March 26, 2024, Adani Ports & Special Economic Zone (APSEZ) Ltd, an Indian multinational port operator, informed in an exchange filing that the company …
An Unexpected Announcement As the nation revealed in the festive spirit of Holi over the extended weekend, an unexpected turn of events unfolded in the corporate realm. On a seemingly tranquil Saturday, amidst the vibrant colors and celebratory atmosphere, an exchange filing brought forth a significant announcement from One97 Communications Ltd (OCL), the parent company …
On March 22, 2024, the Nifty 50 increased by 0.39% to 22,096, and Sensex went up by 0.26% to 72,831. Experts say the market is trading above its 50-day SMA, showing a positive trend. Foreign investors sold off around ₹3,309 crores, while domestic investors bought shares worth ₹3,764 crores, indicating a positive momentum in the …
