Adani Green Energy Ltd (AGEL) has concluded a $300 million renewable energy joint venture with French energy giant TotalEnergies, according to an exchange filing on December 27. As part of this collaboration, TotalEnergies has invested in AGEL's subs

LT Foods, recognized for its popular Daawat rice brand, is set to capture a larger market share in the realm of convenience foods, targeting revenues of ₹800 crore by 2028-29. Diversifying from its staple packaged rice offerings, the company is eye

Reliance Industries and Walt Disney have agreed to merge their Indian media operations in a non-binding deal signed on December 25, 2023. Reports suggest that this move will reshape the Indian entertainment scene, Mukesh Ambani's Reliance Industries

In a bid to comply with SEBI's minimum public shareholding norms, the promoter group of Adani Wilmar, the Fortune Oil-maker, has announced its intention to reduce its stake. Adani Commodities LLP and Lence Pte Ltd, the promoters, plan to sell up to 1

Life Insurance Corporation (LIC) has secured a one-time exemption from the Department of Economic Affairs, allowing the insurance giant to extend its Minimum Public Shareholding (MPS) target to 25% by May 2032. This unprecedented decision follo

On 20 December, Varun Beverages shares rallied over 17% to a fresh 52-week high of ₹1,380.45. This surge was fueled by the company's announcement of acquiring South Africa’s Bevco, a move analysts see as a promising value creation opportunity. Ye

The food ministry has issued a fresh order, overturning the ban on using sugarcane juice for ethanol production. This decision has led to a surge of up to 8% in sugar stocks during early trade on December 18. The ministry has permitted the use of sug

Punjab National Bank (PNB) has become the third Indian lender to cross the ₹1-lakh-crore market value, following a surge of over 60% in its shares this year. At its peak, the stock reached ₹91.81, hitting its market cap over the ₹1.01 lakh cror

In a remarkable resurge Adani Group's market value has witnessed a twofold surge since February 24, restoring confidence in its growth trajectory. The conglomerate with a current market capitalization of around ₹14 lakh crore, rebounded from the lo

IRCTC, the service provider for Indian Railways, is set to diversify its business beyond railway operations. The company's shares surged by 3%, reaching a new 52-week high of ₹799.95 on December 14. This growth follows the announcement of IRCTC's a

NBCC Limited witnessed a nearly 6% surge in its shares, reaching a new 52-week high of ₹84.75 in early trade on December 14. This surge follows the company's announcement of securing a project management consultancy contract worth ₹1,500 crore fo

Hindalco Industries, a key player in aluminium manufacturing, recently unveiled plans for a ₹800 crore investment in a facility geared towards producing high-quality aluminium foil crucial for rechargeable batteries. The proposed plant, set to be l