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    Tata Motors Announces Price Increase from April

    New Delhi, March 16 Tata Motors announced on Monday that it will increase the prices of its commercial vehicle range by up to 1.5 per cent from April 1.The price increase is being implemented to partially offset the impact of rising commodity prices and other input costs, the company said in a...
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    Amir Chand IPO: India's Rice Market

    New Delhi, March 15 Amir Chand Jagdish Kumar (Exports) Ltd, a Basmati rice exporter, is set to launch its initial public offering (IPO) worth Rs 440 crore on March 24.The public issue will close on March 27, while the anchor investor bidding is scheduled to take place on March 23, according to...
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    DIAL Awards Cargo Terminal Management to GMR Airports

    New Delhi, March 13 GMR Airports Ltd has won the bid to manage the cargo terminal at the Delhi airport, nearly ten months after airport operator DIAL terminated its contract with the Turkish entity Celebi.Delhi International Airport Ltd (DIAL), which operates the national capital's Indira...
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    Andhra Plant Receives Satisfactory Inspection Report from USFDA

    New Delhi, March 12 Aurobindo Pharma announced on Thursday that it has received an inspection report from the US health regulator, classifying its wholly-owned subsidiary's manufacturing unit in Andhra Pradesh as having a "Voluntary Action Indicated" (VAI) classification, which indicates...
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    India's Stock Market Faces Pressure from Oil and Global Trends

    Mumbai, March 12 – The benchmark indices Sensex and Nifty experienced a sharp decline in early trading on Thursday, as a significant increase in crude oil prices, driven by the ongoing crisis in the Middle East, weighed heavily on investor sentiment.Furthermore, weak global market trends and...
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    Market Plunge: Investor Wealth Drops by ₹5.14 Lakh Crore

    New Delhi, March 11 Investors' wealth eroded by ₹5.14 lakh crore on Wednesday as stock markets fell after a day's respite due to a surge in global crude oil prices amid growing tensions in West Asia.The 30-share BSE Sensex tumbled 1,342.27 points or 1.72 per cent to close at 76,863.71. During...
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    Pirojsha Godrej Acquires Stake in Real Estate Developer

    New Delhi, March 9 Pirojsha Adi Godrej bought nearly 1.8 per cent stake in real estate developer Arvind SmartSpaces for Rs 40.7 crore from an affiliate of HDFC Capital through a private transaction.Pirojsha Godrej is the Executive Chairperson of Godrej Properties, Godrej Housing Finance, and a...
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    MMRDA to Consider BSE Expansion Request

    Mumbai, March 7 The Bombay Stock Exchange (BSE) has approached the MMRDA seeking land allocation in the Bandra Kurla Complex (BKC) to expand its operations in the city.In a statement issued on Saturday, the Mumbai Metropolitan Region Development Authority said that BSE Managing Director and...
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    Bharat Dynamics Leads Sector Rally Amidst Uncertainty

    New Delhi, March 6 Stocks linked to the defence sector rallied on Friday, with Bharat Dynamics surging by nearly 6 per cent, as rising geopolitical tensions in West Asia increased investor interest in them.Shares of Bharat Dynamics rose by 5.78 per cent, Garden Reach Shipbuilders rallied by...
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    Alembic Pharmaceuticals Enters US Branded Pharma with Antibiotic Launch

    New Delhi, March 6 Alembic Pharmaceuticals announced on Friday that it has begun sales of an oral penicillin-class antibiotic in the US market.The company has launched sales of Pivya (pivmecillinam) tablets following its recent commercial launch in the US.Pivya is Alembic's first branded...
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    Shreni Shares IPO Details: Equity Offer and Use of Funds

    New Delhi, March 5 Stock broking firm Shreni Shares has filed preliminary papers with market regulator Sebi to raise funds through an initial public offering (IPO).The proposed public issue comprises a fresh issue of up to 69 lakh equity shares and an offer for sale (OFS) of up to 82 lakh...
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    Sensex and Nifty Rebound Following Global Rally

    Mumbai, March 5 Benchmark stock indices Sensex and Nifty rebounded on Thursday, closing higher by more than 1 per cent in line with a rebound in global equities after recent sharp losses due to the conflict in West Asia.After a four-day decline, the 30-share BSE Sensex rebounded by 899.71...
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    Shares Drop: Omnitech Engineering Faces Initial Market Decline

    New Delhi, March 5 Shares of Omnitech Engineering Ltd, a manufacturer of precision-engineered components, closed with a discount of nearly 10 per cent against the issue price of Rs 227 on Thursday.The stock started trading at Rs 205, down 9.69 per cent from the issue price on the BSE. Later...
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    Mastek Subsidiary Wins £85 Million Contract with UK Home Office

    New Delhi, March 5 Mastek, a provider of digital engineering and cloud transformation solutions, announced on Thursday that its UK-based subsidiary has secured a framework engineering contract worth approximately £85 million (nearly ₹1,038 crore) from the UK Home Office.The contract, awarded...
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    Stock Market Rebounds: India Tracks Global Equity Gains

    Mumbai, March 5 The benchmark indices in the Indian stock market, Sensex and Nifty, rebounded in early trading on Thursday, tracking a recovery in global equities, after experiencing heavy losses in the past few trading sessions due to the conflict in West Asia.The 30-share BSE Sensex jumped...
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    MRF Announces ₹5,300 Crore Investment for Automotive Tyre Production

    Chennai, March 5 Tyre major MRF Ltd signed a memorandum of understanding (MoU) with the Tamil Nadu government on Wednesday, committing investments of ₹5,300 crore over a period of 12 years to set up a new tyre manufacturing unit in the state.The factory, to be located in the SIPCOT (State...
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    India's Equity Markets Down as Conflict Intensifies

    Mumbai, March 4 The benchmark equity indices, Sensex and Nifty, plunged in early trading on Wednesday, mirroring a bearish trend in Asian markets, as the conflict in West Asia intensified, driving up oil prices.The 30-share BSE Sensex fell by 1,758.22 points or 2.19%, closing at 78,480.63, as...
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    Mahindra Exits Japanese Agricultural Machinery Business

    New Delhi, March 2 Mahindra & Mahindra said on Monday that it has decided to exit its Japanese agricultural machinery business as part of a portfolio rationalization following a strategic review.The board of Mitsubishi Mahindra Agricultural Machinery Co Ltd (MAM), which operates in Japan, has...
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    Shree Ram Twistex Shares Fall Sharply on Market Debut

    New Delhi, March 2 Shares of Shree Ram Twistex Ltd, a manufacturer of cotton yarn, began trading on Monday at a discount of nearly 35 per cent against the issue price of Rs 104.The stock opened at Rs 70, a decline of 32.69 per cent on the BSE.At the NSE, it started trading at Rs 68, a drop...
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    Renewable Energy Provider Clean Max Opens Below Expectations

    New Delhi, March 2 Shares of Clean Max Enviro Energy Solutions Ltd, a commercial and industrial renewable energy provider, began trading on Monday at a discount of nearly 10 per cent to the issue price of Rs 1,053.The stock opened at Rs 952.20, down 9.57 per cent from the issue price on the...
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