Apollo Healthco Limited (AHL), a crucial arm of Apollo Hospitals Enterprise Limited, has successfully concluded its acquisition of a stake in Keimed Private Limited. This strategic move is expected to strengthen Apollo’s presence in the healthcare distribution sector. Overview of the Transaction Apollo Healthco Limited (AHL), a significant subsidiary of Apollo Hospitals Enterprise Limited (the …
According to government data, public sector banks (PSBs) declared a total dividend of ₹27,830 crore for FY24, marking a significant 32.7% rise from the ₹20,964 crore distributed in FY23. This sharp increase reflects the enhanced financial performance and strengthened balance sheets of PSBs. Out of the total dividend paid, nearly 65%, approximately ₹18,013 crore, was …
Engineering powerhouse Larsen & Toubro (L&T) has reportedly emerged as the lowest bidder for a $4.5 billion offshore project floated by Qatar Energy. While final confirmation is awaited, reports suggest L&T is leading the race for one of the largest global EPC contracts in recent months. Linked to Qatar’s massive LNG expansion This project is …
Starting March 24, investors can transfer unlisted NSE shares more easily using a delivery instruction slip (DIS). This removes the need for the lengthy 2-stage approval process, which previously caused delays of up to six months. What’s Changing? Old Process: Investors had to complete a manual two-step process, including a KYC check and a “fit …
Larsen & Toubro (L&T) shares gained nearly 3% on Monday after the company’s board approved a plan to raise ₹12,000 crore through various debt-based instruments. The stock reached an intraday high of ₹3,517 before settling at ₹3,490.45, up 2.18%. In comparison, the Nifty 50 index was up 0.54% at 9:45 AM. Stock Performance and Market …
It has been over 9 months now since Brightcom Group shares have been in trading suspension and yet there is no clarity on the trading resumption. Even the weekly market update released on March 23, 2025, Brightcom Group does not include a definitive timeline for when its trading suspension will be revoked. Key Takeaways from Brightcom Group …
On March 24, 2025, IIFL Capital Services shares soared over 10%, reaching a day high of ₹242.95 at 10:40 AM, after opening at ₹225.00. The gain in IIFL Capital shares came after the company announced changes in the top management. Nemkumar H Appointed as the Chief Growth Officer. Nemkumar H steps down as Managing Director and member …
ITC Hotels’ share price recently surged to its 52-week high of ₹204.51 on March 21, 2025, reflecting strong investor sentiment. However, in the latest trading session on March 24, 2025, the stock declined by 3.21% to ₹192.50, following an 11% rally in the previous session. The stock opened at ₹193.98, reached an intraday high of ₹196.70, …
On March 21, 2025, Reliance Industries Limited (RIL), through its step-down wholly-owned subsidiary Nauyaan Tradings Private Limited (NTPL), completed the acquisition of a 74% equity stake in Nauyaan Shipyard Private Limited (NSPL). The stake was purchased from Welspun Corp Limited for a total consideration of ₹382.73 crore. With this transaction, NSPL has become a step-down …
On March 24, 2025, Indian equity benchmark indices continued their upward momentum. The Nifty 50 traded above the 23,600 mark, while the Sensex surged over 1%, rising by 830 points by mid-morning. Among sectoral performers, the BSE Oil & Gas index stood out, gaining over 1.5% as of 11:40 AM. Notably, all constituents were trading …
