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Indian Hotels Company Infuses $9 Million into IHOCO BV

Indian Hotels Company Infuses $9 Million into IHOCO BV

27 March 2025

The Indian Hotels Company Limited (IHCL) has made a strategic investment by injecting $9 million into its wholly owned subsidiary, IHOCO BV, based in the Netherlands. The move aligns with IHCL’s financial restructuring and expansion plans, ensuring long-term operational stability. Investment Details and Purpose On 26 March 2025, IHCL completed an equity infusion of $9 …

Sterlite Technologies Partners with Wyre to Develop Multi-Gigabit FTTH Network in Belgium

Sterlite Technologies Partners with Wyre to Develop Multi-Gigabit FTTH Network in Belgium

27 March 2025

Sterlite Technologies (STL) has announced a strategic partnership with Wyre to support the development of a high-speed Fibre-to-the-Home (FTTH) network across Flanders and Brussels in Belgium. This collaboration aims to enhance broadband connectivity while minimising construction disruptions through efficient deployment strategies. Wyre’s Collaborative Approach to Fibre Expansion Wyre follows a partnership-driven approach to deploying fibre …

Piramal Enterprises Infuses ₹600 Crore into Subsidiary Piramal Finance

Piramal Enterprises Infuses ₹600 Crore into Subsidiary Piramal Finance

27 March 2025

Piramal Enterprises Ltd (PEL) has injected ₹600 crore into its wholly owned subsidiary, Piramal Finance Ltd (PFL), through a rights issue. This strategic investment, disclosed in a regulatory filing on 26 March 2025, aims to strengthen PFL’s financial position and support its business growth. Capital Injection and Shareholding Structure PEL’s ₹600 crore infusion into PFL …

NBCC Shares Surge on MoU With MAHAPREIT for ₹25,000 Crore Infrastructure Projects in Maharashtra

NBCC Shares Surge on MoU With MAHAPREIT for ₹25,000 Crore Infrastructure Projects in Maharashtra

27 March 2025

State-owned NBCC India Limited has entered into a strategic partnership with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) to jointly execute large-scale infrastructure projects across Maharashtra. The memorandum of understanding (MoU), signed on 26 March 2025, marks NBCC’s significant expansion into Maharashtra’s redevelopment sector, building upon its expertise in urban transformation projects. This …

JSW Steel Becomes the World’s Most Valuable Steelmaker by Market Capitalisation

JSW Steel Becomes the World’s Most Valuable Steelmaker by Market Capitalisation

27 March 2025

A New Global Leader in Steel Market Capitalisation JSW Steel has achieved a significant milestone by becoming the world’s most valuable steelmaker based on market capitalisation.  According to a report, the company reached a market capitalisation of ₹2,59,969 crore (US$ 30.31 billion), overtaking global players such as ArcelorMittal and US-based Nucor Corporation. ArcelorMittal, previously at …

Wipro Share Price in Focus Following Strategic Deal with UK’s Phoenix Group

Wipro Share Price in Focus Following Strategic Deal with UK’s Phoenix Group

27 March 2025

In a major development, Wipro Limited has announced a strategic £500 million, 10-year partnership with Phoenix Group, the UK’s largest long-term savings and retirement business, the company said in a press release on the stock exchanges. This collaboration aims to modernise life and pension administration services for ReAssure, a Phoenix Group business, reinforcing Wipro’s growing …

Bandhan Bank Shares in Focus; Signs MoU With Indian Air Force for Defence Salary Accounts

Bandhan Bank Shares in Focus; Signs MoU With Indian Air Force for Defence Salary Accounts

27 March 2025

Bandhan Bank has signed a Memorandum of Understanding (MoU) with the Indian Air Force (IAF) to offer the Shaurya Salary Account, a specially designed corporate salary account for defence personnel, as per news reports. Exclusive Banking Benefits for IAF Personnel Under this partnership, Indian Air Force personnel will gain access to a Zero Balance savings …

BSE Share Price in Focus; Board Meeting Scheduled for Bonus Issue

BSE Share Price in Focus; Board Meeting Scheduled for Bonus Issue

27 March 2025

BSE Ltd., one of India’s leading stock exchanges, has announced that its Board of Directors will meet on March 30, 2025, to consider and approve a proposal for issuing bonus shares, subject to necessary approvals. Trading Window Closure as per SEBI Guidelines In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and BSE’s …

Samvardhana Motherson Shares: Dividend Record Date on 28 Mar – Check Dividend History

Samvardhana Motherson Shares: Dividend Record Date on 28 Mar – Check Dividend History

27 March 2025

Shares of Samvardhana Motherson will trade ex-dividend tomorrow as the company has set the dividend record date as 28 March, 2025. Those who hold the stock before the ex-dividend date (28 March) will be eligible for a ₹0.50 per share dividend. Here’s a look at the company’s dividend history and what investors should consider. Samvardhana …

KKR Expected to Sell Stake in JB Chemicals: Check Key Details Here!

KKR Expected to Sell Stake in JB Chemicals: Check Key Details Here!

27 March 2025

JB Chemicals share price will be in focus today. This follows news of global private equity firm KKR to sell its stake of 10.2% from JB Chemicals. The sale is worth US$300 million. It will be completed through a block deal via KKR’s affiliate Tau Investment Holdings. Details of KKR’s Block Deal The floor price …

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