Shareholders of ICICI Securities who will receive ICICI Bank shares as part of the share-swap arrangement in the company’s delisting process could be liable to pay capital gains tax. Tax consultants highlighted that while most mergers and acquisition deals do not attract taxes for investors, this specific case could result in tax liabilities, even if shareholders do not sell …
The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹4 lakh on Basant Maheshwari Wealth Advisers for violating fee regulations and using misleading captions in its YouTube videos. The market regulator has directed the company to pay the fine within 45 days, failing which interest may be charged, and proceedings to …
ICICI Securities Ltd will be in focus on Monday as today marks the record date for the scheme of arrangement between the company, its shareholders, and ICICI Bank. The brokerage announced its merger with ICICI Bank Ltd on June 29, 2023, with a merger ratio of 67:100, meaning ICICI Securities shareholders would receive 67 ICICI …
BMW Industries share price to remain in focus on Wednesday, March 26, 2025, following the company’s announcement of a Memorandum of Understanding (MoU) with the Ministry of Steel, Government of India, under the Production Linked Incentive (PLI) Scheme 1.1 for speciality steel. The agreement was officially signed on March 24, 2025, at Vigyan Bhawan, New Delhi, …
JSW Steel has emerged as the most valuable steel company globally by market capitalisation, surpassing industry giants like ArcelorMittal and Nippon Steel. This milestone reflects the company’s strong market performance and strategic growth initiatives. Stock Performance Fuels Market Cap Surge JSW Steel’s stock has surged by 18% in 2025, significantly boosting its market capitalisation. The …
On March 26, 2025, Maruti Suzuki share price fell ~2% and touched the day low of ₹11,750.95 at 10:00 AM after opening at ₹11,848.95. The fall in Maruti Suzuki share price came after the company, through an exchange filing, announced that it had received a Draft Assessment Order from the Income Tax Authority for FY 2021-22 on …
Solar EPC company Waaree Renewable Technologies announced on Tuesday, March 25, that it has received a Letter of Award (LOA) from Waaree Energies Limited for the Engineering, Procurement, and Construction (EPC) of a 170 MW AC / 255 MW DC ground-mount solar power project, along with Operation & Maintenance (O&M) services. In a regulatory filing, …
On March 26, 2025, Ashok Leyland share price rose over 2%, reaching a day high of ₹214.40 at 09:30 AM, after opening at ₹212.70. The gain in Ashok Leyland shares came ahead of the scheduled board meeting on March 26. The news reports claim that India’s second-largest Commercial Vehicle manufacturer, Ashok Leyland, may be close to acquiring …
REC share price will trade ex-date on March 26, 2025, meaning that the shareholders registered in the company’s books will be eligible for the ₹3.60 interim dividend. REC Dividend History Ex-Date Dividend Type Dividend Amount (₹) Feb 14, 2025 Interim 4.30 Nov 08, 2024 Interim 4.00 Aug 09, 2024 Interim 3.50 REC Q3FY25 Earnings Highlights The …
Indian stock markets are expected to react to global cues, with a positive trend indicated by GIFT Nifty, which was up 9.5 points (0.4%) at 23,765.5 as of 7:40 AM. Stocks in the Asia-Pacific region traded higher, tracking a late recovery in US markets. Japan’s Nikkei climbed 0.45%, while South Korea’s Kospi advanced 0.38%. The …
