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KPI Green Energy Shares Surge on Signing MoU

KPI Green Energy Shares Surge on Signing MoU

20 December 2024

KPI Green Energy Limited has caught the market’s attention with its recent developments, leading to a significant surge in its share price. The stock hit a 5% upper circuit earlier on December 20, 2024, and is currently trading at ₹801, reflecting a 4.83% gain. Record Date Set for Bonus Issue In a regulatory filing dated …

New Bajaj Chetak 2024 Launch: Bajaj Auto Ltd. to Capitalise on Evolving Mobility Trends in India

New Bajaj Chetak 2024 Launch: Bajaj Auto Ltd. to Capitalise on Evolving Mobility Trends in India

20 December 2024

Bajaj Auto Ltd. is stepping up its game in India’s growing electric vehicle (EV) market with the launch of the new Bajaj Chetak 2024. Known for its blend of classic design and modern innovation, the updated Bajaj Chetak is expected to solidify the company’s presence in the electric two-wheeler segment.  Bajaj Chetak 2024: Variants, Pricing, …

Kotak Mahindra Bank to Revise Charges for Kotak 811 Accounts and ATM Limits

Kotak Mahindra Bank to Revise Charges for Kotak 811 Accounts and ATM Limits

20 December 2024

Kotak Mahindra Bank has announced changes to its charges and features for 811 Savings Account holders and certain debit cardholders, effective February 1, 2025. The revisions impact account variants under the 811 EDGE, 811 Limited KYC, and 811 Full KYC schemes, along with free ATM transaction limits for specific debit cards. Revised GSFC The updated …

TCS Extends Financial Inclusion Solutions Partnership with Bank of Baroda

TCS Extends Financial Inclusion Solutions Partnership with Bank of Baroda

20 December 2024

Tata Consultancy Services (TCS) and Bank of Baroda (BoB) have expanded their longstanding partnership to continue delivering financial inclusion solutions for the next 5 years. This collaboration is to help strengthen banking services in unbanked and underserved regions, with a focus on operations and accessibility. Deployment of Financial Inclusion Gateway Under the renewed agreement, TCS …

20% Upper Circuit Surge: First Bonus Since 2016 Excites Investors of Kothari Products

20% Upper Circuit Surge: First Bonus Since 2016 Excites Investors of Kothari Products

20 December 2024

Kothari Products Limited Announces Crucial Board Meeting Amid Stock Surge Kothari Products Limited has scheduled a Board Meeting on December 27, 2024, to deliberate on key proposals, including the issuance of bonus shares and an increase in its Authorised Share Capital.  The stock of Kothari Products has locked in an upper circuit level of 20% …

Oil India Requests Waiver of Fine Imposed for Non-Compliance in Q2 FY24

Oil India Requests Waiver of Fine Imposed for Non-Compliance in Q2 FY24

19 December 2024

Oil India updates Stock Exchanges about the fine imposed for non-compliance for Q2 FY24. The company seeks a waiver, informing the Ministry of Petroleum and Natural Gas and advising further action. Appeal for Fine Waiver Oil India Limited (OIL) has submitted an update to the Stock Exchanges regarding the fine imposed on the company for …

Bajaj Holdings Shares in Focus; Acquires Stake in NTPC

Bajaj Holdings Shares in Focus; Acquires Stake in NTPC

19 December 2024

Bajaj Holdings and Investment Ltd. acquired a 0.0031% stake in NTPC Ltd. for ₹10.26 crore. The total acquisition stands at ₹35.68 crore. The acquisition was made through stock exchanges. Acquisition Details This acquisition is part of BHIL’s routine business operations as an investment company, made through stock exchanges. The company confirmed that this transaction is …

Siemens Share Price Fell 10%: What Led to the Sharp Decline?

Siemens Share Price Fell 10%: What Led to the Sharp Decline?

20 December 2024

On December 20, Siemens India Ltd. experienced a sharp 10% decline in its share price, marking its steepest drop in over six months. This came in the wake of the company’s management addressing concerns during their post-earnings call, where they provided insights into the state of private capital expenditure (capex) and operational challenges. The management …

Glenmark Pharma Shares Rise; Acquires 34% Stake in O2 Renewable Energy

Glenmark Pharma Shares Rise; Acquires 34% Stake in O2 Renewable Energy

19 December 2024

Glenmark Pharmaceuticals has acquired a 34% stake in O2 Renewable Energy XXIV Pvt. Ltd., investing ₹1.99 crore. This aligns with its commitment to becoming carbon neutral by 2030 and enhancing renewable energy use, the company said in a press release on the stock exchanges. Acquisition Details This investment supports Glenmark’s goal of becoming carbon neutral …

Gulshan Polyols Shares Rise; Gets Production-Linked Incentive from Assam Government

Gulshan Polyols Shares Rise; Gets Production-Linked Incentive from Assam Government

19 December 2024

Gulshan Polyols’ Goalpara plant in Assam receives ₹2/liter bio-ethanol incentive from Assam Government, offering ₹50 crore over three years, enhancing production and operational efficiency. Overview of the PLI Incentive for Gulshan Polyols Gulshan Polyols Limited has received a Production-Linked Incentive (PLI) from the Government of Assam for its 250 KLPD plant located in Goalpara, Assam. …

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