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ITC is set to transfer ₹1,500 crore in cash and cash equivalents to ITC Hotels, providing significant financial support for growth initiatives and contingency planning ahead of the demerger scheduled to take effect on January 1, 2025. This allocati
Indo Farm Equipment Limited, incorporated in 1994, is a key player in the manufacturing of tractors, pick-and-carry cranes, and other agricultural and industrial equipment. With a robust product range and strategic expansion plans, Indo Farm Equipmen
Unimech Aerospace and Manufacturing Limited, a leading provider of complex tools and precision components for the aerospace and defence industries, made a strong debut on the stock exchanges on Tuesday, December 31, 2024. The Bengaluru-based company,
International brokerage Citi Research has expressed optimism about Vodafone Idea and Indus Towers, citing the recent waiver of bank guarantees by the Department of Telecommunications (DoT) as a game-changing reform for the telecom sector. The waiver
The Bajaj Finserv Gilt Fund-– Direct (G) is an open-ended debt scheme from Bajaj Finserv Mutual Fund, designed to generate credit risk-free returns by investing in sovereign securities issued by the Central or State Governments, as well as securiti
Shares of Reliance Power Ltd garnered attention on Monday morning after the company disclosed to stock exchanges, BSE and NSE, that its subsidiary, Rosa Power Supply Company, had formalized definitive agreements on December 27. These agreements facil
The share price of Ola Electric Mobility declined by over 3, reaching ₹87.35 during early trading on Monday, December 30, following the resignation of two senior executives: Chief Marketing Officer (CMO) Anshul Khandelwal and Chief Technology and
Credila Financial Services, formerly known as HDFC Credila Financial Services, has submitted pre-filed draft documents to the Securities and Exchange Board of India (SEBI) in preparation for an initial public offering (IPO). Invest in Indian Ma
Vodafone Idea (Vi) shares surged by 7 after the Department of Telecommunications (DoT) waived the requirement for bank guarantees worth Rs 33,000 crore for past spectrum auctions. This move primarily benefits Vodafone Idea, which urgently needs fund
Jitendra Bagga has resigned from his position as Vice-President of Central Operations at Zepto after a nine-month tenure, according to sources cited by Moneycontrol. Bagga was responsible for overseeing mother hubs (MH) and line haul (LH) operations
Parmeshwar Metal Limited is set to launch its Initial Public Offering (IPO), presenting a book-built issue aggregating to ₹24.74 crore. The IPO consists entirely of a fresh issue of 40.56 lakh shares with a price band of ₹57-61 per share. Parmesh
The Engineering Export Promotion Council (EEPC) of India has proposed the introduction of a faceless GST audit system to further enhance the ease of doing business in the country. This forward-thinking recommendation, included in EEPC India’s Budge
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