ICICI Securities is set to be delisted after the National Company Law Appellate Tribunal (NCLAT) dismissed petitions opposing the process. This marks a crucial step in ICICI Bank’s plan to make ICICI Securities its wholly-owned subsidiary. As part of the delisting process, ICICI Bank has announced March 24, 2025, as the record date for issuing …
Several companies, including Indian Railway Finance Corporation (IRFC), NMDC, and CG Power, will trade ex-dividend on Friday, March 21, 2025. This means that today is the last day for investors to buy these stocks and be eligible for the upcoming dividend payouts. Shareholders who hold these stocks by the record date will receive their dividends …
Samvardhana Motherson share price saw an upward movement today as investors awaited the company’s decision on an interim dividend for FY25. The stock opened at ₹129.99 on the NSE and quickly touched an intraday high of ₹131.37. The company has scheduled a board meeting on March 21, 2025, to discuss and approve the dividend proposal. …
RailTel Corporation of India saw its shares jump 6.2% on the BSE, reaching an intraday high of ₹316. The stock gained momentum after the company won a ₹16.89 crore order from the Ministry of Defence for laying optical fibre cable (OFC). RailTel’s Latest Order from the Defence Ministry RailTel has received a work order from …
JSW Energy Ltd successfully raised ₹800 crore through the private placement of non-convertible debentures (NCDs). The issuance is part of the company’s broader plan to secure up to ₹3,000 crore, as approved by its board in January 2025. Details of the NCD Issuance On March 20, 2025, JSW Energy’s Finance Committee approved the allotment of …
Hero MotoCorp Ltd has been in focus on Thursday. On March 20, 2025, Hero MotoCorp share price opened at ₹3,579.00, up from its previous close of ₹3,537.00. At 9:40 AM, the share price of Hero MotoCorp was trading at ₹3,592.25, up by 1.56% on the NSE. Notably, the company’s share price hit its 52-week low …
VA Tech Wabag (WABAG) has signed a non-binding term sheet to create a dedicated Municipal Platform for capital projects in the municipal sector. The platform will involve an equity investment of up to USD 100 million over the next 3 to 5 years. This initiative is being launched in partnership with an Investor Consortium, including …
In 2024, Apple and Samsung together contributed 94% of India’s smartphone exports, as per news reports. Their expanding local manufacturing played a major role in pushing India’s overall smartphone exports up by 6% year-on-year (YoY), as per news reports. Tata Electronics Reports Highest Growth Tata Electronics recorded a 107% YoY growth in 2024, making it …
India has been making strides in its efforts to reduce dependence on fossil fuels and increase the adoption of renewable energy sources. A significant part of this effort is the National Policy on Biofuels, which aims to promote the use of biofuels like ethanol in petrol. The policy has undergone several changes, the most notable …
The Indian Banking sector is witnessing a significant moment where one of the leading banks ICICI Bank Limited is absorbing (merging) its subsidiary ICICI Securities Limited, which was listed on NSE and BSE on April 4, 2018. The significant update came after ICICI Securities through an exchange filing stated that “the National Company Law Appellate Tribunal, New …
