Piramal Capital & Housing Finance Ltd. has received the Reserve Bank of India’s (RBI) approval to operate as a Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC), the company said in a regulatory statement. The housing finance business will continue under the NBFC licence. At the time of the announcement, shares of Piramal Enterprises …
On April 08, 2025, BSE Sensex closed 1.49% higher at 74,227.08, while Nifty50 jumped 1.69% to 22,535.85. Amidst the market volatility, stocks like Gensol Engineering, Godfrey Phillips India, Axiscades Technologies, and Balu Forge Industries hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today. Stocks That Hit Upper Circuit on April 08, …
India is an important player in the global agriculture sector, with nearly 55% of its population relying on it for their livelihood. The country boasts the world’s largest buffalo population, the most extensive cultivation areas for wheat, rice, and cotton, and leads in the production of milk, pulses, and spices. Additionally, India ranks as the …
India, the second-largest producer of tobacco globally, plays a significant role in the world’s tobacco supply chain. With over 0.45 million hectares under cultivation and an estimated annual production of 800 million kg, the industry supports over 45 million people through farming, manufacturing, and export activities. The tobacco industry has long been a significant contributor …
India’s fertilizer industry is on a steady growth trajectory, projected to reach ₹1.38 lakh crore by 2032, growing at a CAGR of 4.2% between 2024 and 2032. As of 2023, the market size stood at ₹94,210 crore, fueled by increasing agricultural demand and favorable government policies. India benefits from initiatives such as PM-KISAN and PM-Garib …
India is the largest global provider of generic drugs, renowned for affordable vaccines and medications. The Indian pharmaceutical industry ranks third in production volume, growing at a 9.43% CAGR over the past nine years. It leads in USFDA-compliant facilities and supplies 50% of global vaccines, 40% of U.S. generics, and 25% of U.K. medicines. The …
ITC Limited, founded in 1910 as the Imperial Tobacco Company of India, has evolved into one of India’s largest and most respected conglomerates. Its journey from a tobacco-focused firm to a diversified powerhouse spans multiple decades and industries. Here’s a quick look at ITC’s ownership, history, and why it often gets confused with Tata. Understanding …
Housing and Urban Development Corporation (Hudco) share price surged over 6% on Tuesday after the company signed a Memorandum of Understanding (MoU) with the Mumbai Metropolitan Region Development Authority (MMRDA). This agreement involves providing ₹1.5 trillion in funding over five years for infrastructure development. Hudco’s stock climbed 6.57% during the day to ₹207.7 per share, …
On April 8, 2025, Jio Finance Limited, a subsidiary of Jio Financial Services Limited (JFSL), announced the launch of its fully digital Loan Against Securities (LAS) offering. This strategic product rollout coincided with a noticeable uptick in its stock price, gaining over 3.5% by 2:05 PM on the NSE. A Seamless Borrowing Experience via JioFinance …
Borosil Renewables Limited, a leading manufacturer in the solar glass segment, recently announced the receipt of a capital incentive from the Government of Gujarat. The incentive, amounting to ₹7.77 crore, has been sanctioned under the Gujarat Electronics Policy (2016-21) aimed at promoting investment in the Electronics System Design and Manufacturing (ESDM) sector. The Borosil Renewable …
