To enhance India's maritime security, the Ministry of Defence has signed a contract worth ₹1,070.47 crore with Mazagon Dock Shipbuilders Ltd (MDL), Mumbai. This deal includes the acquisition of 14 fast patrol vessels (FPVs) for the Indian Coast Gua

HDFC Bank has become the first bank in the country to reach the milestone of having two crore credit cards in force (CIF). The journey began in 2001 with the launch of its first credit card, and the bank reached one crore CIF in 2017. Notably, it has

Stocks of several companies, such as Wipro and IIFL Finance, KDDL, Ksolves India are scheduled to go ex-dividend this week. Additionally, certain other companies going to announce share buyback. Ex-dividend date is important for both current share

Zee Entertainment Enterprises witnessed a drastic 30% decline in its share price on both the NSE and the BSE following Sony's termination of the merger agreement. Sony is now seeking a $90 million termination fee, leading to a substantial loss of ove

India emerged as the world's fourth-largest stock market by market capitalization, outpacing Hong Kong. India's market cap stood at $4.33 trillion, slightly ahead of Hong Kong's $4.29 trillion. This milestone reflects the robust performance of Indian

In today's early trade, Metro Brands, one of India's leading footwear retailers, faced a 6% drop in shares falling to ₹1,140. The decline follows Q3FY24 earnings that fell short of street expectations. Reported a consolidated net profit of ₹99

National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are gearing up for a special live trading session in the equity F&O segment on 20 January 2024. This move is part of their strategy to switch to the Disaster Recovery (DR) site, ensuri

Nazara Technologies has recently taken a step to raise ₹250 crore through a preferential allotment of equity shares, with key investor Nikhil Kamath of Zerodha leading the way. Prominent investors, including Nikhil Kamath's Kamath Associates, NKSqu

On 18 January, NHPC, a state run hydropower producer, faced a 5% drop in its shares after the government announced its plan to sell a 3.5% stake through an Offer for Sale (OFS). The floor price for this sale was set at ₹66 per share, presenting a d

To boost Renewable energy projects in India, the Indian Renewable Energy Development Agency (IREDA) has partnered with Indian Overseas Bank to co-finance various initiatives. The Memorandum of Understanding (MoU) was signed in the national capital in

L&T Technology Services Limited has posted financial results for the third quarter of FY24, showcasing growth in both net profit and revenue. The firm reported a net profit of ₹336.2 crore, marking a 13.3% increase from ₹296.8 crore in the sa

Stocks of several companies, such as Tata Consultancy Services (TCS) and HCL Technologies, are scheduled to go ex-dividend this week. Additionally, certain other companies will trade ex-bonus or ex-split and some have announced share buybac