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1st Dec 2023
In a transformative move to enhance local smartphone manufacturing, Dixon Technologies (India) Ltd. has inaugurated a smartphone manufacturing plant in Noida. This development reflects Dixon's commitment to fortifying India's capabilities in producin
On November 30, JSW Group announced a joint venture (JV) with SAIC Motor Corp. Ltd, the parent company of MG Motor India. This venture, focusing on electric vehicles (EVs), positions JSW as a major player, with plans to become the majority shareholde
30th Nov 2023
Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) has unveiled plans for a share buyback, set to kick off on December 1 and conclude on December 7. The company intends to repurchase 84.78 lakh equity shares at a rate of ₹770 each, ensuring
In a move impacting ICICI Securities' stock performance, both the NSE and BSE recently approved a draft scheme to delist its equity shares. As of November 30, the stock continued a five-day downturn, trading at ₹657. Over this period, it faced a 3%
UltraTech Cement has acquired Burnpur Cement's grinding facility in Patratu, Jharkhand, enhancing its capacity to 133 MTPA in India. The 0.54 MTPA facility was secured for ₹169.79 crore, marking UltraTech's entry into the Jharkhand market. As a res
29th Nov 2023
Engineering and automation giant Siemens Ltd reported a 49.8% YoY surge in net profit, reaching ₹571.6 crore for the fourth quarter ending September 30, 2023. The company operates on an October-September financial year and declared this information
In the early deals on Wednesday, November 29, shares of food services aggregator Zomato saw a gain of up to 3.69%, reaching ₹118. The boost came after a block deal, where 29.75 crore equity shares, equivalent to a 3.4% stake, changed hands at a dis
Tata Consultancy Services (TCS), India's leading software exporter, has revealed details about its ₹17,000 crore share buyback program. The buyback is set to commence on December 1 and conclude on December 7. TCS plans to repurchase up to 4.09 cror
28th Nov 2023
On November 28, 2023, shares of One 97 Communications, the parent company of Paytm, opened 1% lower following Warren Buffett's move to sell his entire stake in the digital payment giant. As per exchange data, Warren Buffett's investment arm BH Intern
Major automakers in India, including Maruti Suzuki, Mahindra & Mahindra, Audi India, Tata Motors, and Mercedes-Benz, are gearing up to implement price increases for their passenger vehicles in January 2024. The primary reasons cited for this deci
On Tuesday, November 28, Adani Group stocks gains on the BSE following key developments in the ongoing Adani-Hindenburg matter. The Supreme Court concluded hearings on multiple petitions seeking an inquiry into the issue, while the Securities and Exc
24th Nov 2023
Shares of One97 Communications, the owner of Paytm, witnessed a nearly 5% plunge on 24, November, following the block deal of 2.56% stake worth ₹1,441 crore changed hands at an average price of ₹884 per share. The identity of the buyers and selle
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