Ola Electric has officially commenced deliveries of its S1 Gen 3 scooter portfolio across India. Following a successful launch, customers can now experience the next generation of electric vehicle (EV) technology. The S1 Gen 3 lineup includes the flagship S1 Pro+, along with S1 Pro and S1 X. These scooters are now available through Ola …
Dr. Reddy’s Laboratories Limited announced that its U.S. subsidiary, Dr. Reddy’s Laboratories Inc., has successfully sold all issued and outstanding membership interests in Dr. Reddy’s Laboratories Louisiana LLC. This sale includes its manufacturing facility in Shreveport, Louisiana, and was completed on March 21, 2025. Impact of the Sale Following the transaction, Dr. Reddy’s Laboratories Louisiana …
Poonawalla Fincorp Limited (PFL) has introduced an industry-first AI-powered underwriting solution in collaboration with the Indian Institute of Technology Bombay (IIT Bombay). This innovative system integrates artificial intelligence (AI) with human intelligence to streamline the credit evaluation process, ensuring faster, more accurate, and scalable lending decisions. AI and Machine Learning for Smarter Credit Decisions The …
Garden Reach Shipbuilders & Engineers Ltd (GRSE) has been in focus on Monday. On March 24, 2025, GRSE share price opened at ₹1,701.60, the same as its previous close of ₹1,701.60. At 10:08 AM, the share price of GRSE was trading at ₹1,699.50, down by 0.12% on the NSE. The stock price touched its day’s …
Godrej Properties Limited (GPL) has announced the acquisition of ~10 acres of land in Yelahanka, Bengaluru. This project is expected to offer a developable potential of around 1.5 million square feet of saleable area, mainly comprising premium residential units and high-street retail. The estimated revenue potential for this development is approximately ₹2,500 crore. Prime Location …
Government-owned e-commerce service provider MSTC Ltd announced on Friday (March 21) that it has received a work order from Coal India Limited (CIL) to act as an e-auction service provider for coal and coal products. MSTC to Conduct Online Coal Auctions The contract, which spans two years, will see MSTC facilitating online auctions for CIL …
The Production Linked Incentive (PLI) Scheme is a government program designed to offer financial incentives to both domestic and foreign companies to enhance local manufacturing in India. On February 24, 2021, the Department of Telecommunications (DoT) launched the PLI scheme to promote domestic production of telecom and networking products, with a budget of ₹12,195 crore. …
Adani Energy Solutions, a subsidiary of Adani Group, announced on Friday that it has secured a power transmission project in Gujarat under the tariff-based competitive bidding (TBCB) mechanism. The bid process was coordinated by PFC Consulting, and the project’s special purpose vehicle (SPV) was officially transferred to AESL on March 20, 2025. This marks AESL’s …
This week on Dalal Street is packed with shareholder-centric events, including dividends, stock splits, and bonus share issuances. Several major companies, such as TVS Motor Company have planned key corporate actions. Dividend Announcements This week, several prominent companies will trade ex-dividend, which means their share prices will adjust to exclude the value of the declared …
PVR Inox has partnered with the BCCI to screen Indian Premier League (IPL) matches live in cinemas across 30+ cities. Brings Live IPL Action to Cinemas The screenings started on March 21, which will include the grand opening ceremony, weekend matches, and playoffs, offering fans a stadium-like experience with immersive visuals and sound. Matches will …
