State-owned engineering and construction firm IRCON International Ltd announced on Friday (March 21) that it is facing an arbitration claim of ₹158.89 crore filed by Conarch Associates. The dispute pertains to the supply and stacking of 50mm Pakur variety machine crushed track ballast for the Jaynagar-Bardibas railway project in Nepal, specifically covering the section from …
The Board of Directors of Ksolves India has announced the declaration of the 3rd interim dividend for the financial year 2024-25. At the board meeting held on Wednesday, March 19, 2025, the company approved an interim dividend of ₹7.50 per equity share on its fully paid-up equity share capital. Key Highlights Dividend Amount: ₹7.50 per …
Indian benchmark indices are likely to be impacted, supported by a global risk-on sentiment amid reports that US President Donald Trump’s tariff measures may be more targeted than initially anticipated. Additionally, GIFT Nifty signalled a higher start for domestic equities. As of 07:15 AM, GIFT Nifty, which serves as an early indicator of the Nifty …
In a week marked by a strong bullish trend in the equity markets, nine of the top 10 most-valued firms in India witnessed a combined surge of ₹3,06,243.74 crore in their market valuations. This surge came as the BSE benchmark index climbed 3,076.6 points (4.16%) and the NSE Nifty jumped 953.2 points (4.25%) during the …
Real estate giant DLF Ltd has announced plans to invest approximately ₹20,000 crore over the next few years to complete the construction of its already launched residential projects. This move is expected to generate a total cash surplus of around ₹43,000 crore from these launched projects. In a corporate presentation uploaded on stock exchanges’ websites …
IndusInd Bank, a prominent private sector lender headquartered in Mumbai, has initiated an independent probe following the discovery of accounting discrepancies linked to its derivatives portfolio. The move comes amid heightened scrutiny over the bank’s financial reporting practices and leadership stability. The share price of IndusInd Bank was trading down by 0.53% at ₹680.05 on …
ICICI Securities is set to be delisted after the National Company Law Appellate Tribunal (NCLAT) dismissed petitions opposing the process. This marks a crucial step in ICICI Bank’s plan to make ICICI Securities its wholly-owned subsidiary. As part of the delisting process, ICICI Bank has announced March 24, 2025, as the record date for issuing …
Several companies, including Indian Railway Finance Corporation (IRFC), NMDC, and CG Power, will trade ex-dividend on Friday, March 21, 2025. This means that today is the last day for investors to buy these stocks and be eligible for the upcoming dividend payouts. Shareholders who hold these stocks by the record date will receive their dividends …
Samvardhana Motherson share price saw an upward movement today as investors awaited the company’s decision on an interim dividend for FY25. The stock opened at ₹129.99 on the NSE and quickly touched an intraday high of ₹131.37. The company has scheduled a board meeting on March 21, 2025, to discuss and approve the dividend proposal. …
RailTel Corporation of India saw its shares jump 6.2% on the BSE, reaching an intraday high of ₹316. The stock gained momentum after the company won a ₹16.89 crore order from the Ministry of Defence for laying optical fibre cable (OFC). RailTel’s Latest Order from the Defence Ministry RailTel has received a work order from …
