Railtel Corporation of India has secured a project worth over ₹262 crore from the State Transport Authority of Odisha. Shareholders have been informed about the new contract in an exchange filing. Railtel has been assigned with a work order for a project valued at ₹2,62,33,85,540, which is inclusive of taxes. The project is for upgrading […]
Railtel Wins ₹262 Crore Project in Odisha, Shares Rise 3% Read More »
Shares of RPP Infra Projects were locked at the upper circuit on March 6 after the company received a new project worth ₹80.98 crore from the Chennai Metropolitan Water Supply & Sewerage Board. At 9:23 AM, the stock was trading at ₹137.55 on the BSE, rising by ₹6.55 or 5 percent, with no sellers available
RPP Infra Projects Shares Hit Upper Circuit After Securing ₹80.98 Crore Order Read More »
In a significant trade development, the US administration has reportedly asked India to eliminate tariffs on almost all products, except agriculture goods, in bilateral trade, according to a report by CNBC-TV18 on March 6. India Unlikely to Get Tariff Relief The Donald Trump-led US administration is unlikely to offer any exemptions to India from the
US May Demand Zero Tariffs on Most Goods, No Relief Expected for India Read More »
Bharat Electronics Ltd (BEL), a Navratna PSU, has announced an interim dividend of ₹1.50 per share for the financial year 2024-25. The company’s board of directors approved the decision at its meeting on March 5, 2025. BEL has set March 11, 2025, as the record date for determining shareholders eligible for the dividend payment. According
BEL Declares Interim Dividend, Sets March 11 as Record Date Read More »
Indian stock markets made a sharp recovery on March 5 to break a 10-day losing streak, with investors buying down-trodden shares and drawing encouragement from the performance of the Asian market. The Sensex gained 564.80 points (0.77%) to 73,554.73 during early trade, and the Nifty gained 179.5 points (0.81%) to 22,265.15. The top gainers were
Jio Financial Services Ltd (JFSL) announced on March 4 that its board has approved the acquisition of 7.9 crore shares of Jio Payments Bank Ltd (JPBL) from State Bank of India (SBI) for ₹104.54 crore. Currently, JFSL holds 82.17% of JPBL’s paid-up equity share capital, while SBI is a minority partner. After this acquisition, Jio
Asian stock markets declined on March 5, tracking a sell-off in US markets after President Donald Trump announced new tariffs on trading partners, increasing concerns about a global trade war. Stock markets in Tokyo and Sydney opened lower, while Hong Kong futures also pointed to losses. In the US, the S&P 500 fell 1.8%, the
Asian Stock Markets Fall as US Tariffs Raise Fears of Trade War Read More »
RBL Bank shares were in focus on March 4, after the Maharashtra State GST Department conducted a search operation at three of its offices. The search operation is being conducted under Section 67 of the Maharashtra Goods and Services Tax (MGST) Act, 2017. The bank confirmed that it is fully cooperating with the authorities by
RBL Bank Shares Fall 2% as GST Officials Conduct Search Operations Read More »
Adani Green Energy Ltd. (AGEL) has successfully raised $1.06 billion to refinance a construction facility linked to its solar-wind hybrid renewable cluster in Rajasthan, the company announced on March 3. Long-Term Financing Details According to the company’s filing, the new financing has a tenor of 19 years, with a fully amortized debt structure designed to
Adani Green Secures $1.06 Billion to Refinance Renewable Project in Rajasthan Read More »
Shares of One97 Communications, the parent company of Paytm, will be in focus on March 3 after the Enforcement Directorate (ED) issued a show cause notice for alleged violations of the Foreign Exchange Management Act (FEMA). ED’s Notice on FEMA Violations On February 28, the ED served a notice to One97 Communications and its subsidiaries,
Paytm Shares Under Spotlight After ED Issues FEMA Violation Notice Read More »
