Muthoot Finance has revised its asset under management (AUM) growth projection for FY25, increasing its guidance to 40% from the earlier estimate of 25-30%. This adjustment reflects the company’s strong performance and increasing demand for gold loans. Strong AUM Growth in FY25 The company has already achieved 38% AUM growth and expects to close the …
NCC Limited has been awarded a significant infrastructure development contract worth ₹2,129.60 crore (excluding GST) by the Andhra Pradesh Capital Region Development Authority (APCRDA). The contract formalised through a Letter of Acceptance dated 19 March 2025, involves a wide range of development works in the Zone-12 villages of Amaravati Capital City. The scope of the …
As artificial intelligence becomes a key driver of economic and technological growth, ensuring data sovereignty has become a major priority for nations worldwide. Wipro Ltd has introduced its Agentic AI services to help countries build and deploy AI capabilities while maintaining control over their data and infrastructure. This initiative aims to create a secure, localised …
Automobile manufacturers in India are adjusting their pricing strategies to counter rising input costs and operational expenses. Hyundai Motor India Limited (HMIL) has announced a price hike of up to 3% across its model range, effective April 2025. This move follows similar price revisions by other leading automakers, reflecting an industry-wide trend driven by escalating …
Ola Electric is facing scrutiny over a gap between its reported sales and actual vehicle registrations. The company announced it had sold 25,000 electric scooters in February, but the government’s Vahan portal, which tracks vehicle registrations, recorded only 8,651 registrations by the end of the month. As of March 17, the number stood at 8,230, …
Tata Consultancy Services (TCS) has signed a five-year agreement with Air New Zealand to modernise the airline’s digital infrastructure. The partnership is to integrate artificial intelligence (AI) and cloud-based automation to improve operations and customer service. The financial details of the deal have not been disclosed. As of March 20, 11:39 AM, Tata Consultancy Services …
The Indian Renewable Energy Development Agency Limited (IREDA) has made a significant financial move by launching its first-ever issuance of Perpetual Bonds worth ₹1,247 crore, offering an annual coupon rate of 8.40%. This initiative is aimed at optimising the company’s capital structure and reinforcing its financial position to support India’s expanding renewable energy sector. Why …
Aavas Financiers share price touched a 52-week high of ₹1,994.45 on March 20, 2025, rising 4% in intraday trade on the NSE. The stock has surged 7% in the past 2 trading sessions, surpassing its previous high of ₹1,978.25 recorded in June 2024. Despite this strong performance, it remains significantly below its all-time high of …
Voltas Ltd has been gaining attention on Thursday. On March 20, 2025, Voltas share price opened at ₹1,510.15, up from its previous close of ₹1,495.20. However, at 10:14 AM, the share price of Voltas was trading at ₹1,478.65, down by 1.11% on the NSE. The company’s share price hit its day’s low so far at …
Raymond share price surged by over 4% on Thursday. This followed news of the resignation of Nawaz Modi Singhania (Non-Executive Director) on Wednesday. Raymond Share Price Performance Raymond share price surged by 4.43% during the day. It reached ₹1,479.1 per share, thereby recording its highest level from February 11, 2025. The stock pared some gains later …
