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Sarda Energy & Minerals Gains 13% Following Maharashtra Iron Ore Block License

Sarda Energy & Minerals Gains 13% Following Maharashtra Iron Ore Block License

22 March 2024

On March 22, 2024, the shares of Sarda Energy and Minerals were trading with gains of more than 13%, which marked the company’s biggest single-day gain since June 2021. On Friday, the flagship company of Sarda Group, Sarda Energy & Minerals Limited (SEML), announced in a stock exchange filing that the company’s Subsidiary Joint Venture …

Texmaco Rail & Engineering Ltd Announces QIP of Equity Shares

Texmaco Rail & Engineering Ltd Announces QIP of Equity Shares

22 March 2024

On March 21, 2024, Texmaco Rail & Engineering Ltd informed in a stock exchange filing about the Qualified Institutions Placement (QIP) of equity shares under SEBI ICDR Regulations and relevant provisions of the Companies Act, 2013. Details of the QIP On Thursday, the Indian private engineering and infrastructure company, Texmaco Rail & Engineering Ltd announced …

TVS Holdings Declares Record 1,880% Interim Dividend

TVS Holdings Declares Record 1,880% Interim Dividend

22 March 2024

TVS Holdings Ltd., the promoter entity of TVS Motor Company Ltd., recently made headlines with its announcement of an interim dividend and a plan to raise funds through Non-Convertible Debentures (NCDs). Let’s delve into the details of these developments and what they mean for investors and the company. Interim Dividend Announcement At its board meeting …

TCS secures 7-year contract to modernize Ramboll’s global IT infrastructure

TCS secures 7-year contract to modernize Ramboll’s global IT infrastructure

22 March 2024

Tata Consultancy Services (TCS) has embarked on a groundbreaking journey with Ramboll, a global architecture, engineering, and consultancy giant, headquartered in Denmark. This multimillion-dollar, seven-year partnership aims to revolutionize Ramboll’s IT infrastructure, driving business growth, reducing costs, and enhancing sustainability. Challenge Ramboll’s remarkable growth, including numerous mergers and acquisitions, had led to a complex and …

These 3 stocks from BSE 500 jumped over 6% today; do you own any?

These 3 stocks from BSE 500 jumped over 6% today; do you own any?

22 March 2024

The benchmark index S&P BSE 500 opened today at 31,385.29 and made its day high at 31,600.49, and it is trading in green today, up by more than 0.40% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. Trident Ltd Shares …

Upper Circuit Stocks Today – 22 March, 2024

Upper Circuit Stocks Today – 22 March, 2024

22 March 2024

On Friday, the benchmark indices were trading in the green with the Sensex up around 125 points or 0.20% at 72,750, while the Nifty-50 was up around 55 points or 0.24% at 22,066. About 2,438 shares have advanced; 1,110 declined; and 138 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

Aditya Birla Housing Finance Launches ABHFL-Finverse: A Digital Lending Platform

Aditya Birla Housing Finance Launches ABHFL-Finverse: A Digital Lending Platform

22 March 2024

On March 21, 2024, a wholly-owned subsidiary of Aditya Birla Capital Limited, Aditya Birla Housing Finance (ABHFL), announced that it has launched ‘ABHFL- Finverse’, which is a unified digital lending platform for its home loan customers. Details of ABHFL- Finverse On Friday, Aditya Birla Housing Finance informed about the launch of their new platform called …

DoT Imposes ₹4 Lakh Fine on Bharti Airtel for Subscriber Verification Breaches

DoT Imposes ₹4 Lakh Fine on Bharti Airtel for Subscriber Verification Breaches

22 March 2024

On March 21, 2024, Bharti Airtel informed in the exchange filings that the Department of Telecom has imposed a penalty of about ₹4 lakh on the company for violating subscriber verification norms in Delhi and Bihar circles. Details of the Fine and Violations According to a stock exchange filing by Bharti Airtel, the Department of …

SEBI introduces a beta version of the T+0 rolling settlement cycle

SEBI introduces a beta version of the T+0 rolling settlement cycle

22 March 2024

On March 21, 2024, the Securities and Exchange Board of India (SEBI) issued a circular for a transformative shift in the stock market by introducing the T+0 settlement cycle. This move is set to commence the T+0 rolling settlement cycle on an optional basis alongside the existing T+1 settlement cycle in equity cash markets. This …

TCIL in Plans To Sell 30% Stake in Bharti Hexacom

TCIL in Plans To Sell 30% Stake in Bharti Hexacom

22 March 2024

Telecommunications Consultants India Limited (TCIL) is planning to sell its stake in Bharti Hexacom in two tranches of 15% each to meet a target set out by the Central Government. Telecommunications Consultants India Limited’s Approach As per a senior official of the central Public Sector Undertaking (PSU) Telecommunications Consultants India Limited, the company is going …

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