NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, has officially announced the incorporation of a new joint venture company named NTPC-MAHAPREIT Green Energy Limited to develop a massive 10 GW Renewable Energy Parks. This entity, incorporated on 8th April 2025, marks a strategic partnership between NGEL and Mahatma Phule Renewable Energy and Infrastructure …
Concord Biotech Limited, a pharmaceutical company headquartered in Gujarat, India, has achieved a significant milestone with its latest announcement. On April 8, 2025, the company disclosed that it has secured final approval from the United States Food and Drug Administration (USFDA) to market Teriflunomide tablets in 7 mg and 14 mg dosages. This approval marks …
In a strategic move to broaden its financial operations, GAIL (India) Limited has incorporated a wholly owned subsidiary—GAIL Global IFSC Limited—within the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City), Gujarat. This development aligns with the company’s vision to enhance its global presence and capital management capabilities through structured financial channels …
On 8th April 2025, Sasken Technologies Limited announced the successful completion of its 100% acquisition of BORQS International Holding Corp and its wholly owned subsidiaries. The transaction was executed through Sasken Design Solutions Pte. Ltd, a wholly owned subsidiary based in Singapore. With this strategic acquisition, Sasken aims to enhance its offerings in the field …
Vodafone Idea Limited has officially informed the National Stock Exchange (NSE) and BSE about the allotment of new equity shares. This is done in accordance with Regulation 30 of SEBI’s Listing Obligations. The shares are being issued to the Government of India based on an order under Section 62(4) of the Companies Act, 2013. Background …
Shares of major gold financing companies, such as Muthoot Finance and IIFL Finance saw a sharp decline on Wednesday, April 09. By 12:50 PM, Muthoot Finance share price had slipped by 7.3%, while IIFL Finance also traded lower, reflecting investor reaction to fresh regulatory concerns. The sudden dip follows a key announcement by the Reserve …
In a major boost to urban infrastructure in Maharashtra, state-owned Power Finance Corporation (PFC) has signed a Memorandum of Understanding (MoU) with the Mumbai Metropolitan Region Development Authority (MMRDA) to provide financial assistance of up to ₹1 lakh crore. The MoU was formalized in a ceremony attended by Maharashtra Chief Minister Devendra Fadnavis, PFC Director …
In a strategic move aimed at enhancing India’s maritime infrastructure, Cochin Shipyard Limited (CSL) has signed a Memorandum of Understanding (MoU) with Drydocks World, a prominent entity of DP World specialising in maritime and offshore industries. This collaboration intends to leverage the combined expertise of both organisations to significantly improve India’s ship repair capabilities. The …
Zee Media Corporation share price surged by 5.1% on April 9, 2025, reaching an intraday high of ₹13.5 per share on the BSE. This rise followed the company’s decision to raise funds by issuing Foreign Currency Convertible Bonds (FCCBs) worth $46.59 million. The bonds, which carry a 5% annual interest rate, have a maturity period …
Senco Gold Ltd’s share price hit an upper circuit on April 9, 2025, as of 9:21 AM, following the company’s robust Q4 and FY24-25 business update, which highlighted record-breaking revenues, significant retail growth, and strong momentum from wedding and festive demand despite rising gold prices. Strong Revenue Momentum in Q4 Senco Gold recorded its highest-ever …
