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Rupee Rises 1 Paisa To Close At 86.36 Against Us Dollar

Rupee Rises 1 Paisa To Close At 86.36 Against Us Dollar

20 March 2025

Mumbai, Mar 20 (PTI) The rupee stayed firm and appreciated 1 paisa to close at 86.36 (provisional) against the US dollar on Thursday supported by positive domestic equities. Forex traders said the Indian rupee has staged a counterattack against external pressures, gaining support from strong foreign inflows into debt markets. However, risks remain due to …

Cable Stocks Drop: KEI, Polycab, Havells Slide; Adani Announces Foray Into Wires Business

Cable Stocks Drop: KEI, Polycab, Havells Slide; Adani Announces Foray Into Wires Business

20 March 2025

Shares of leading cable and wires manufacturers, including KEI Industries, Polycab India, and Havells India, witnessed a sharp decline on March 20, 2025, after the Adani Group announced its entry into the segment. This move follows a similar announcement from the Birla Group’s UltraTech Cement last month. Adani Group’s Foray into Cables and Wires In an exchange …

Ashok Leyland Shares in Focus After New Diesel and EV Bus Plant Inauguration

Ashok Leyland Shares in Focus After New Diesel and EV Bus Plant Inauguration

20 March 2025

Ashok Leyland, the flagship company of the Hinduja Group, has inaugurated a new manufacturing facility near Vijayawada, Andhra Pradesh, as per news reports. The plant, located in Malavalli, spans 75 acres and is dedicated to producing both diesel and electric buses, including those under its electric vehicle division, Switch Mobility. Key Highlights of the New …

Vodafone Idea Shares in Focus; Explores Talks with Elon Musk’s Starlink and Others

Vodafone Idea Shares in Focus; Explores Talks with Elon Musk’s Starlink and Others

20 March 2025

Vodafone Idea (Vi) has addressed recent market speculation regarding its potential partnership with Starlink and other satellite communication (Satcom) providers. The company issued a clarification in response to inquiries from stock exchanges. Vi’s Approach to Satcom Partnerships In a statement, Vodafone Idea confirmed that it regularly explores various collaborations and initiatives to enhance service quality …

Mazagon Dock Shares in Focus After Kickstarting AIP System for Indian Navy Submarines

Mazagon Dock Shares in Focus After Kickstarting AIP System for Indian Navy Submarines

20 March 2025

Mazagon Dock Shipbuilders Limited (NSE: MAZDOCK) has taken a significant step in enhancing India’s naval capabilities by commencing the production of the first Air Independent Propulsion (AIP) system for Scorpene-class submarines of the Indian Navy. The plate-cutting ceremony, marking the beginning of this crucial phase, was held on March 18, 2025, at MDL. Event Highlights …

IRFC Dividend Update: Record Date Tomorrow, March 21, 2025 – Check Dividend History

IRFC Dividend Update: Record Date Tomorrow, March 21, 2025 – Check Dividend History

20 March 2025

Indian Railway Finance Corporation (IRFC) has announced a ₹0.80 per share dividend for the financial year 2024-25. IRFC share price closed 5.49% higher in yesterday’s trade at ₹128.49. IRFC Key Dividend Details Dividend per Share: ₹0.80. Announcement Date: March 10, 2025. Ex-Date: March 21, 2025. Record Date: March 21, 2025. IRFC Dividend Payout History Indian Railway …

Did You Know These Popular Brands Are Owned by Adani Group?

Did You Know These Popular Brands Are Owned by Adani Group?

20 March 2025

The Adani Group is nationally renowned for its energy and infrastructure business. However, it also owns many popular brands that people are not aware of. Here we list some of the most popular brands belonging to the company: Ambuja Cements and ACC In 2022, the Adani Group acquired Ambuja Cements and ACC for nearly US$10.5 billion. This made it …

Stocks That Hit Circuit Limits On March 20, 2025, Gensol Engineering, IGIL & More

Stocks That Hit Circuit Limits On March 20, 2025, Gensol Engineering, IGIL & More

20 March 2025

On March 20, 2025, BSE Sensex closed at 76,348.06 up by 1.19%, while Nifty50 rose by 1.13% to 23,165.80. Stocks like Gensol Engineering and IGIL hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today. Stocks That Hit Upper Circuit on March 20, 2025 Company Symbol LTP (₹) …

What is the timeline for the ICICI Securities Delisting and Merger Process?

What is the timeline for the ICICI Securities Delisting and Merger Process?

20 March 2025

ICICI Securities Ltd. will be delisted as part of a merger process with ICICI Bank, making it a wholly-owned subsidiary of the bank. The delisting will follow a set timeline, with specific dates for suspension, trading cessation, and share conversion. Trading Suspension and Delisting Date The equity shares of ICICI Securities will be suspended from …

How Will the Merger Impact ICICI Securities’ Existing Clients and Services?

How Will the Merger Impact ICICI Securities’ Existing Clients and Services?

20 March 2025

ICICI Bank’s decision to merge with ICICI Securities marks a significant shift in the structure of one of India’s largest private-sector banks. This merger will reunite the 2 entities, which had separated about 8 years ago as part of ICICI Bank’s strategy to strengthen its capital base during challenging economic times. In this blog, we …

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