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RITES share price | The company received a contract to supply of locomotives to Talis Logistics, South Africa. RITES share price will remain in focus on September 26 after the company received letter of award from Talis Logistics, South Africa for supply of locomotives. ".... has received letter of award from Talis Logistics, South Africa for supply and commissioning of overhauled in-service cape gauge ALCO diesel electric locomotive of Rs USD 18 million," company said in its release. The del ...Read More >
New Delhi: Telecom infrastructure solutions provider Pace Digitek Ltd on Thursday said it has mobilised over ₹245 crore from anchor investors, just a day before its initial share-sale opening for public subscription. Some of the institutions that participated in the anchor include Bandhan Mutual Fund (MF) and Taurus MF, SBI General Insurance Company, Societe Generale, Saint Capital Fund, Aarth AIF Growth Fund and Nexus Global Opportunities Fund, according to a circular uploaded on the BSE websi ...Read More >
Info Edge (India) Ltd., the parent of job portal Naukri.com, has launched an independent investigation after receiving a whistle-blower complaint alleging violations of company policies by employees in its real estate vertical, 99acres. In a regulatory filing, the company said its Audit Committee and Board of Directors had taken note of the allegations and appointed a reputed specialist law firm to conduct a comprehensive probe. The firm's assessment is ongoing. While the company did not disclo ...Read More >
Mumbai (Maharashtra) [India], September 15: Shreeji Shipping Global Limited (NSE: SHREEJISPG, BSE: 544490), is a shipping logistics company focusing on dry-bulk cargo, has announced its unaudited financial results for Q1 FY25-26. Also Read | WWE Wrestlepalooza 2025 Match Card: Check List of Matches To Take Place in PLE at Gainbridge Fieldhouse in Indianapolis. Financial Highlights for the quarter ended June 30th, 2025 (Q1 FY26): * Revenue from Operations of the company stood at ₹161.19 Crore ...Read More >
Dev Accelerator's IPO witnessed strong retail investor interest, subscribing over 48 times on the second day, despite valuation concerns. SBI Securities estimates a high FY25 P/E multiple of 310.10, significantly above peers. While SBI Securities suggests caution, Anand Rathi recommends subscribing, citing the company's expanded services and long-term potential. Flexible workspace solutions company Dev Accelerator has received a strong response from retail investors with the quota getting subsc ...Read More >
Excelsior Correspondent MUMBAI, Sept 12: Buoyed by a significant surge in operating profit, the Bombay Mercantile Cooperative Bank unveiled a series of new initiatives including innovative loan products and strategic deployment of surplus funds to propel its growth trajectory to new heights. At the 88th Annual General Meeting (AGM) today, Chairman Zeeshan Mehdi addressed stakeholders, highlighting the Bank's strong financial performance for the Financial Year 2024-25. The Bank's operating pro ...Read More >
PNN Jamnagar (Gujarat) [India], September 3: In a significant move to fuel its growth and enhance manufacturing capabilities, Krupalu Metals Limited, a key player in the brass and copper industry, has announced its Initial Public Offering (IPO) on the SME platform of the Bombay Stock Exchange (BSE SME). The IPO, a fixed-price issue aiming to raise 1,347.84 lakhs, will be open for subscription from September 8, 2025, to September 10, 2025. The company's decision to go public underscores its amb ...Read More >
Jamnagar (Gujarat) [India], September 3: In a significant move to fuel its growth and enhance manufacturing capabilities, Krupalu Metals Limited, a key player in the brass and copper industry, has announced its Initial Public Offering (IPO) on the SME platform of the Bombay Stock Exchange (BSE SME). The IPO, a fixed-price issue aiming to raise ₹1,347.84 lakhs, will be open for subscription from September 8, 2025, to September 10, 2025. Also Read | 'Wednesday' Season 2 Part 2: Jenna Ortega's Wed ...Read More >
PNNJamnagar (Gujarat) [India], September 3: In a significant move to fuel its growth and enhance manufacturing capabilities, Krupalu Metals Limited, a key player in the brass and copper industry, has announced its Initial Public Offering (IPO) on the SME platform of the Bombay Stock Exchange (BSE SME). The IPO, a fixed-price issue aiming to raise ₹1,347.84 lakhs, will be open for subscription from September 8, 2025, to September 10, 2025.The company's decision to go public underscores its ambiti ...Read More >
New Delhi, August 29: Financial services major Paytm on Friday clarified that Google Play's recent notification on unified payments interface (UPI) handle changes was incomplete and may have created confusion. The company emphasised that there is no disruption to UPI payments on Paytm and both consumer and merchant transactions remain seamless. The update is relevant only for recurring payments such as subscription billing. "This means that if a user was paying for YouTube Premium or Google One ...Read More >
New Delhi, Aug 28 (PTI) Pharmaceutical firm Murae Organisor Ltd said it is evaluating a structured plan to strengthen its agro-sector presence through R&D and infrastructure-led initiatives with an investment of around Rs 80 crore. The proposed plan reflects the company's commitment to transforming into research enabled, forward-integrated agri enterprise, the Ahmedabad-based company said in a statement. The company is considering investments across key focus areas, including the establishment ...Read More >
Surat (Gujarat) [India], August 28: Surat based, Abril Paper Tech Ltd, a leading manufacturer and supplier of sublimation heat transfer paper, is planning to raise up to Rs. 13.42 crore from its SME public issue. The company has received approval to launch its public issue on SME Platform of Bombay Stock Exchange. The public issue opens for subscription on August 29, 2025 and closes on September 02, 2025. Interactive Financial Services Ltd. is the book running lead manager of the issue. Also Re ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including ...Read More >
PNN Surat (Gujarat) [India], August 28: Surat based, Abril Paper Tech Ltd, a leading manufacturer and supplier of sublimation heat transfer paper, is planning to raise up to Rs. 13.42 crore from its SME public issue. The company has received approval to launch its public issue on SME Platform of Bombay Stock Exchange. The public issue opens for subscription on August 29, 2025 and closes on September 02, 2025. Interactive Financial Services Ltd. is the book running lead manager of the issue. Fo ...Read More >
Jaipur, Aug 28 (PTI) The Rajasthan High Court on Thursday cancelled the contentious police sub-inspector recruitment exam-2021 owing to paper leak. Justice Sameer Jain in a detailed judgment cancelled the exam 2021 which was the bone of contention for both BJP and Congress governments in the state. "Illegality and fraud on the system was so conspicuous. It is strange that the state government did not take action any decision on the subject. The court's decision hopefully will act as a deterren ...Read More >
New Delhi, Aug 28 (PTI) Abril Paper Tech, manufacturer and supplier of sublimation heat transfer paper, on Thursday said it has fixed the price at Rs 61 per share for its Rs 13.42-crore initial public offering (IPO), which will open for subscription on August 29. The public issue will conclude on September 2, and the shares of the company will be listed on the BSE's SME platform, Surat-based Abril Paper Tech said in a statement. The IPO is entirely a fresh issue of 22 lakh equity shares with a ...Read More >
New Delhi: Wilmar International, through its arm Lence Pte, has sought approval from the fair trade regulator CCI to acquire a 20 per cent stake in AWL Agri Business Ltd from the Gautam Adani-led Adani group.The move came after Adani Group last month announced that it had sold a 20 per cent stake in AWL Agri Business (formerly Adani Wilmar Ltd) to Singapore-based Wilmar International for Rs 7,150 crore, as part of its decision to exit the FMCG business and focus on its infrastructure vertical. ...Read More >
Eternal Ltd, formerly known as Zomato, has been served with three orders by the Goods and Services Tax (GST) department, raising a demand of more than ₹40 crore. The orders, issued by the Joint Commissioner (Appeals)-4, Bengaluru, cover the period between July 2017 and March 2020. According to the company's regulatory filing late on Monday, the confirmed demand comprises GST of ₹17.19 crore, interest of ₹21.42 crore, and a penalty of ₹1.71 crore. ALSO READ: Zomato's Deepinder Goyal want ...Read More >
New Delhi, Aug 25 (PTI) Rachit Prints Ltd, a Meerut-based speciality fabric manufacturer, on Monday said it has fixed the price band at Rs 140-149 per share for the Rs 19.5 crore IPO, which will open for subscription on September 1. The initial public offering (IPO) will conclude on September 3 and the shares of the company will be listed on BSE's SME platform, the company said in a statement. The public issue is entirely a fresh issue of up to 13.08 lakh equity shares with a face value of Rs ...Read More >
New Delhi, Aug 25 (PTI) Infrastructure EPC company Vikran Engineering on Monday said it has mobilised Rs 231.6 crore from anchor investors a day before its initial share-sale opening for public subscription. This anchor portion witnessed participation from various investors, including Bank of India Mutual Fund (MF), ITI MF, Samco MF, SBI General Insurance, IMAP India, Bengal Finance and Investment, VPK Global, and Societe Generale, among others, according to a circular uploaded on the BSE websi ...Read More >
New Delhi, Aug 25 (SocialNews.XYZ) Navratna public sector undertaking Indian Renewable Energy Development Agency Limited (IREDA) on Monday signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) to achieve a revenue from operations of Rs 8,200 crore during the financial year 2025-26. The IREDA had exceeded its Revenue from Operations target in FY 2024-25, achieving Rs 6,743.32 crore against the target of Rs 5,957 crore. The MoU also inc ...Read More >
Patel Retail, a supermarket chain based in Maharashtra, launched its IPO of Rs 243 crore. The IPO received 45% subscription on Day 1. Grey market premium indicates strong demand. The IPO includes fresh issue and offer for sale. Funds will be used for debt repayment and working capital. The company operates 43 outlets with a wide product range. Patel Retail, a Maharashtra-based supermarket chain operator, opened its Initial Public Offering (IPO) worth Rs 243 crore on August 19. Within the first ...Read More >
New Delhi, Aug 14 (PTI) Inox Wind on Thursday said its consolidated net profit more than doubled to Rs 97.34 crore in the June quarter compared to the year-ago period, mainly due to higher revenues. It had posted a consolidated net profit of Rs 41.59 crore in the year-ago period, a BSE filing showed. Total income rose to Rs 862.56 crore during the quarter from Rs 654.64 crore in the same period a year ago. Its order execution during the quarter increased to 146 MW, with order book at 3.1 GW. ...Read More >
Solar Industries (SOIL)'s operating performance was in line with consensus' estimate. EBITDA, at INR 5.3bn, jumped 19% YoY driven by robust defence and exports, compensating for the subdued performance in mining and infra segments, which were impacted on account of monsoon arriving early. Defence revenue rose 115% YoY to INR 4,180mn while exports and overseas grew 42.7% YoY to INR 8,260mn. EBITDA margins were largely stable QoQ at 24.8% (~150bps dent due to hyper-inflation in Turkey and FX fluct ...Read More >
Mumbai: Ashok Leyland on Thursday reported a sharp sequential drop in its consolidated net profit for the April-June quarter (Q1 FY26), with earnings falling 47.21 per cent to Rs 657.72 crore from Rs 1,245.92 crore in the previous quarter (Q4 FY25). Revenue from operations also declined 20.32 per cent to Rs 11,708.54 crore, compared to Rs 14,695.55 crore in Q4 FY25, according to its stock exchange filing. The company's total income fell in line with revenue to Rs 11,807.2 crore, down from Rs 14 ...Read More >
Mumbai, Aug 14 (SocialNews.XYZ) Maharatna public sector company Indian Oil Corporation Limited (IOCL) on Thursday posted an 83 per cent year-on-year (YoY) jump in consolidated net profit for the April-June quarter (Q1) of FY26. Net profit for Q1 FY26 came in at Rs 6,808.12 crore, up from Rs 3,722.63 crore in the same quarter previous fiscal (Q1 FY25), according to its stock exchange filing. However, the figure was lower than the Rs 8,367.63 crore profit recorded in the March 2025 quarter. Rev ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >
Mumbai: Amara Raja Energy and Mobility Limited on Thursday reported a 34 per cent drop in its consolidated net profit for the April-June quarter (Q1 FY26), as profit after tax (PAT) stood at Rs 165 crore, compared to Rs 249 crore in the same period previous fiscal (Q1 FY25). Sequentially, however, profit inched up 2 per cent from Rs 161.57 crore in the March 2025 quarter (Q4 FY25), according to its stock exchange filing. Revenue from operations rose 4.2 per cent year-on-year (YoY) to Rs 3,401 c ...Read More >
Mumbai, Aug 14 (SocialNews.XYZ) Amara Raja Energy and Mobility Limited on Thursday reported a 34 per cent drop in its consolidated net profit for the April-June quarter (Q1 FY26), as profit after tax (PAT) stood at Rs 165 crore, compared to Rs 249 crore in the same period previous fiscal (Q1 FY25). Sequentially, however, profit inched up 2 per cent from Rs 161.57 crore in the March 2025 quarter (Q4 FY25), according to its stock exchange filing. Revenue from operations rose 4.2 per cent year-on ...Read More >
New Delhi, Aug 14 (PTI) State-owned Indian Oil Corporation Ltd (IOC) on Thursday reported more than doubling of its first quarter net profit, as marketing margins surged because of holding of retail prices despite a drop in input oil cost. Its standalone net profit of Rs 5,688.60 crore in April-June - the first quarter of the 2025-26 fiscal year - compared to Rs 2,643.18 crore earnings in the same period of the last year, according to a stock exchange filing by the company. The first quarter p ...Read More >
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