NTPC Green Energy Limited, a wholly owned subsidiary of NTPC Limited, has partnered with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) to form a new joint venture named NTPC-MAHAPREIT Green Energy Limited. The partnership was officially established on April 8, 2025, as reported by CNBC TV18. Under this structure, NTPC Green Energy will hold …
SpiceJet’s shares, which surged above ₹60 apiece in October 2024 following a successful ₹3,000 crore Qualified Institutional Placement (QIP), have since fallen over 30% in the past six months. The early optimism surrounding the airline’s financial revival has been dampened by a series of operational and market setbacks. Flight Reductions Highlight Operational Strain As reported …
Info Edge (India) Ltd, the parent company of Naukri.com, announced a notable rise in standalone billings for the quarter and full financial year ended March 31, 2025. In Q4 FY25, billings rose to ₹983.8 crore from ₹826.9 crore in Q4 FY24. For the entire fiscal year, total billings stood at ₹2,881.7 crore, up from ₹2,495.9 crore …
Keystone Realtors Ltd reported a 1% year-on-year rise in sales bookings for the fourth quarter of FY25, reaching ₹854 crore compared to ₹843 crore in the same period last year. The announcement was made via a regulatory filing on April 8, 2025. Full-Year Sales Bookings Grow 34% For the full financial year 2024-25, the company reported …
The Nifty Auto index ended significantly lower on April 7, 2025, registering a sharp intraday decline amid broad-based weakness across automobile and auto ancillary stocks. The index touched its lowest level in the past year, signalling continued pressure in the sector. Nifty Auto Index Movement The Nifty Auto index closed at 19,815.55 on April 7, …
The Nifty IT index closed lower on April 7, 2025, tracking a broad-based decline across major technology counters. The index touched its 52-week low during the trading session, reflecting sustained selling pressure across large- and mid-cap IT stocks. Nifty IT Index Performance The Nifty IT index closed at 32,668.80 on April 7, 2025, down 2.51%, after opening …
Banking stocks witnessed significant declines on April 7, 2025, with the Nifty Bank index registering a sharp drop. The session saw widespread selling across both private and public sector banks, contributing to a notable decline in the index. Nifty Bank Index Movement on April 7 The Nifty Bank index closed at 49,860.10, down 3.19% from its previous …
The Nifty Pharma index ended lower on April 7, 2025, following broad-based selling across key constituents. Several pharmaceutical stocks saw notable intraday declines, pulling the index down by nearly 2.75%. The trading session was marked by strong volumes and intraday volatility in major pharma counters. Nifty Pharma Index Movement on April 7 The Nifty Pharma index closed …
Indian equities witnessed a sharp decline on April 7, 2025, as global trade tensions sparked a widespread sell-off. The Nifty 50 index dropped by 742.85 points, or 3.24%, to close at 22,161.60, marking its lowest level in 2025 so far. The sell-off followed aggressive tariff announcements by the US and retaliatory measures by China, which dampened investor …
Glenmark Pharmaceuticals witnessed a sharp decline in its stock price after the US Food and Drug Administration (FDA) issued a product recall that shook investor confidence. The pharmaceutical major saw its shares tumble by nearly 7% on Wednesday, April 9, following reports of a Class-II recall involving 39 of its drug products shipped to the …
