RattanIndia Enterprises Limited’s electric mobility arm, Revolt Motors, is set to expand its global footprint by entering Nepal. This follows its successful debut in Sri Lanka, marking another step in its international growth strategy. The company has partnered with MV Dugar Group, a reputed conglomerate with 140 years of legacy and over 52 years of …
REC Limited has announced the declaration of its 4th interim dividend for the financial year 2024-25. The Board of Directors, in its meeting held on March 19, 2025, approved a dividend of ₹3.60 per equity share of face value ₹10 each. REC Ltd Interim Dividend Record Date The company has set March 26, 2025, as …
On March 20, 2025, Tanla shares price snapped their 2-day gaining streak and fell ~3%, reaching a day low of ₹503.60 at 10:20 AM after opening at ₹521.75 on BSE. The shares of Tanla Platform are currently trading below its 52-week low-high average, where the 52-week high stands at ₹1,086.05 while the 52-week low is …
Adani Enterprises Ltd announced on Wednesday (March 19, 2025) that its wholly-owned subsidiary, Kutch Copper Limited (KCL), has established a joint venture company, Praneetha Ecocables Limited (PEL), in collaboration with Praneetha Ventures Private Limited. Joint Venture Details Kutch Copper Limited will hold a 50% equity stake in Praneetha Ecocables Limited, which will focus on the …
NHPC share price is in focus today. This follows the company’s board approval for raising up to ₹6,300 crore in debt during FY 2025–26. On Wednesday, NHPC stock was up 1.29% and closed at ₹80.19 on the BSE. The firm’s market capitalisation was roughly ₹80,551 crore. The stock had witnessed a 3% price decline this year. …
State-run lender Indian Overseas Bank (IOB) has launched a Qualified Institutional Placement (QIP) to raise up to ₹2,000 crore as part of its capital-raising strategy. QIP Details and Pricing The base size of the QIP issue is ₹1,000 crore, with an option to upsize the issue by an additional ₹1,000 crore, taking the total potential …
On March 20, 2025, the GRSE share price gained attention following the company’s announcement of a major business development. Garden Reach Shipbuilders & Engineers Ltd. (GRSE) revealed that it had reached a significant milestone by signing a groundbreaking Memorandum of Understanding (MoU) with PWD Nagaland for the supply of 8 sets of Double Lane Modular …
The stock market recorded a huge leap on March 18. This happened because foreign institutional investors (FIIs) covered their short positions and began buying stocks. This reversal followed a month of consistent selling by foreign investors, leading to notable growth in key indices that reached their highest levels in more than a month. Foreign Investor …
Private sector lender Dhanlaxmi Bank Ltd on Wednesday (March 19, 2025) announced that its Board of Directors has approved the issuance of unsecured, non-convertible debentures (NCDs) in the form of Basel III-compliant Tier-II bonds to raise up to ₹150 crore. Fundraising Details In a regulatory filing, the bank stated, “The Board of Directors at its …
Hindustan Aeronautics Limited (HAL), a prominent manufacturer of defence and aerospace equipment, fell victim to an alleged cyber fraud when scammers, impersonating a US-based company, deceived it into making a payment of ₹55 lakh. The fraud was uncovered when HAL realised that the payment had been sent to the wrong account, as reported by Mint. …
