Tata Steel Nederland’s transformation strategy is under pressure as a key Dutch union demands clearer details about planned job cuts and operational changes. The company recently announced a restructuring plan that includes eliminating around 1,600 roles, mainly in management and support. This move aims to streamline operations, improve efficiency, and reduce costs amid tightening EU …
Shares of major hospital chains like Narayana Hrudayalaya, HealthCare Global Enterprises (HCG), and Yatharth Hospitals gained strongly on Wednesday, driven by a positive outlook for the healthcare sector. These stocks have risen between 7% and 16% in the last 3 days, showing strong investor interest. Stocks Hit New Highs as Market Sees Strong Momentum Narayana …
NHPC Limited has declared commercial operation of Unit 4 (200 MW) of the Parbati-II Hydroelectric Project in Himachal Pradesh. The unit became operational on April 16, 2025. With this, all 4 units, each of 200 MW capacity, are now commercially operational. Units 1, 2, and 3 had already begun operations on April 1, 2025. As …
Blue Dart Express Limited announced the expansion of its network by adding Guwahati as a direct flying location. This strategic decision was driven by Blue Dart’s vision to empower Northeast India, a region that plays a pivotal role in the country’s economic growth. With Guwahati being a key business hub for industries such as …
ICICI Prudential Life Insurance Company Ltd has announced its financial results for the quarter and full year ended March 31, 2025, showcasing growth across key metrics. The company reported a 39.6% year-on-year increase in Profit After Tax (PAT), which rose to ₹1,189 crore in FY2025. The Value of New Business (VNB) stood at ₹2,370 …
IREDA share advanced on April 16, 2025, following the Indian Renewable Energy Development Agency’s (IREDA) strong Q4 FY25 results. The company reported a net profit of ₹501.55 crore for the quarter ending March 31, 2025, marking a 49% increase compared to ₹337.39 crore in Q4 FY24. Revenue from operations rose nearly 37% year-on-year to ₹1,905.06 …
On April 16, 2025, Hindustan Oil Exploration shares rose ~5%, reaching a day high of ₹178.45, after opening at ₹172.80. The gain in Hindustan Oil Exploration shares came after the company announced that it has been awarded a contract area under the special discovered small fields bid round 2024. Details of Newly Awarded Contract The designated block — …
Infosys and Spark New Zealand have announced a strategic agreement aimed at transforming Spark’s technology delivery model through advanced digital innovation. Leveraging AI and Cloud for Enhanced Efficiency The collaboration will leverage Infosys Topaz, an AI-first suite of services and platforms driven by generative AI technologies, and Infosys Cobalt, which supports enterprises in accelerating …
Indian Hotels Company Ltd. (IHCL), the hospitality business of the Tata Group, saw an increase in its share price following an announcement about its operational expansion and long-term business strategy. The company outlined plans to broaden its footprint across India and double its revenue by the end of the decade. 100 New Locations Announced in …
On April 16, 2025, Gensol Engineering share price locked in 5% lower circuit at ₹123.65 on BSE. Gensol share price crashed after the SEBI’s action on the company and its promoters on alleged misuse of funds. The allegation against Gensol Engineering includes loans worth ₹978 crore from IREDA and PFC and using some part of …
