Thomas Cook (India) Limited has strengthened its footprint in Pune by inaugurating a new store in the rapidly growing Balewadi region. This expansion increases Thomas Cook India’s foreign exchange network to four locations in Pune and aligns with the company’s aggressive expansion strategy, which has seen five new branches and outlets open across India in …
Waaree Energies Limited has announced the inauguration of its state-of-the-art 5.4 GW solar cell manufacturing plant at Chikhli, Navsari, Gujarat. The grand opening is scheduled for Saturday, March 29, 2025. This expansion is expected to significantly boost India’s solar energy production capacity and strengthen the country’s renewable energy sector. Expansion Plans in India and the …
Aditya Birla Capital Limited (ABCL) has announced an investment of ₹40 crore in its wholly owned subsidiary, Aditya Birla Capital Digital Limited (ABCDL). The investment was made on a rights basis, ensuring that ABCL’s stake in ABCDL remains unchanged at 100%. The equity shares were allotted on March 25, 2025. Strategic Investment for Growth ABCL, …
On March 25, 2025, the Union Minister of State for Chemicals and Fertilizers Smt Anupriya Patel stated that the Government of India introduced the New Investment Policy (NIP) – 2012 on January 2, 2013, with an amendment on October 7, 2014, to encourage fresh investment in the urea sector. The policy aimed to enhance domestic …
Godrej Enterprises Group anticipates a significant 50% growth in air conditioner (AC) sales in the next fiscal year, driven by strong consumer demand and the launch of an expanded product portfolio. Kamal Nandi, Business Head & Executive Vice President, Appliances Business, expressed confidence in achieving this ambitious target, citing the increasing demand for premium and …
Shareholders of ICICI Securities who will receive ICICI Bank shares as part of the share-swap arrangement in the company’s delisting process could be liable to pay capital gains tax. Tax consultants highlighted that while most mergers and acquisition deals do not attract taxes for investors, this specific case could result in tax liabilities, even if shareholders do not sell …
The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹4 lakh on Basant Maheshwari Wealth Advisers for violating fee regulations and using misleading captions in its YouTube videos. The market regulator has directed the company to pay the fine within 45 days, failing which interest may be charged, and proceedings to …
ICICI Securities Ltd will be in focus on Monday as today marks the record date for the scheme of arrangement between the company, its shareholders, and ICICI Bank. The brokerage announced its merger with ICICI Bank Ltd on June 29, 2023, with a merger ratio of 67:100, meaning ICICI Securities shareholders would receive 67 ICICI …
BMW Industries share price to remain in focus on Wednesday, March 26, 2025, following the company’s announcement of a Memorandum of Understanding (MoU) with the Ministry of Steel, Government of India, under the Production Linked Incentive (PLI) Scheme 1.1 for speciality steel. The agreement was officially signed on March 24, 2025, at Vigyan Bhawan, New Delhi, …
JSW Steel has emerged as the most valuable steel company globally by market capitalisation, surpassing industry giants like ArcelorMittal and Nippon Steel. This milestone reflects the company’s strong market performance and strategic growth initiatives. Stock Performance Fuels Market Cap Surge JSW Steel’s stock has surged by 18% in 2025, significantly boosting its market capitalisation. The …
