*News Headlines from Business News Agencies:*
*Business Standard*
📝 Indian bond yields stable after record state debt sale, RBI purchase
📝 S&P cuts India's FY26 GDP growth forecast to 6.5% amid global strains
📝 BluPine Energy secures Rs 1,787 cr funding from NaBFID
📝 Vi partners with WB's export body to boost MSME digital transformation
📝 FinMin, RBI officials to meet on Mar 26 to decide April-Sept borrowing plan
📝 Govt mandates quality norms for hinges to curb substandard imports
📝 Godrej Properties sells homes worth over Rs 1,000 crore in Hyderabad
📝 PhonePe joins hands with top insurers, launches low-cost motor insurance
📝 Delhi Budget: ₹500 cr for Yamuna cleanup; ₹250 cr for new sewer lines
📝 Lab-grown diamond jewellery brand Firefly raises $3 mn in funding
📝 India set to maintain 1 MT sugar export quota amid comfortable supplies
📝 L&T-Cloudfiniti partners with three AI startups to drive digital innovation
*Economic Times*
📝 Defence production hit Rs 1.27 lakh crore in FY 2023-24, exports cross Rs 21,000 crore
📝 Boeing, Northrop Grumman await US Navy next-generation fighter contract this week, sources say
📝 Housing Price Index in NCR rises 17 points in Dec on high demand: Housing. com-ISB report
📝 Ministry of Labour & Employment launches India's social protection data drive
📝 Bain Capital's strategic investment to boost Manappuram Finance's corp governance: S&P
📝 DTC burdened by Rs 14,000 cr losses and shrinking fleet: CAG Report
📝 315Work Avenue plans to add 2 mn sqft of office space by FY2026
📝 India slaps Samsung with tax demand of $601 million for telecom imports
📝 BlackRock debuts Bitcoin exchange-traded product in Europe
📝 Godrej Enterprises Group eyes 50 pc growth in AC sales in FY26
📝 India’s top oil and gas explorer prepares for a looming glut
*Mint*
📝 GAIL, Coal India enter a JV for coal-to-synthetic natural gas project
📝 Fund transfers to states under 15th Finance Commission declined 52% over 3 years
📝 India must brace for 9-10% power demand surge in 2025 amid rising temperatures, warn experts
📝 India’s US trade deal at risk without fast-track authority: GTRI
📝 NCC bags two orders worth ₹10,804.6 crore from BSNL
📝 India open to tariff cuts on $23 billion of US imports amid trade negotiations
📝 Chinese electric vehicle maker BYD reports 2024 revenue over USD 100B, topping Teslas sales
📝 Meta plans to charge $14 a month for ad-free Instagram or Facebook
📝 Wipro GE Healthcare rolls out $1 billion expansion plan as US tariffs loom
📝 Indian consumers spent 15 billion hours waiting to make customer service complaint in 2024: Report
*Business Standard*
📝 Indian bond yields stable after record state debt sale, RBI purchase
📝 S&P cuts India's FY26 GDP growth forecast to 6.5% amid global strains
📝 BluPine Energy secures Rs 1,787 cr funding from NaBFID
📝 Vi partners with WB's export body to boost MSME digital transformation
📝 FinMin, RBI officials to meet on Mar 26 to decide April-Sept borrowing plan
📝 Govt mandates quality norms for hinges to curb substandard imports
📝 Godrej Properties sells homes worth over Rs 1,000 crore in Hyderabad
📝 PhonePe joins hands with top insurers, launches low-cost motor insurance
📝 Delhi Budget: ₹500 cr for Yamuna cleanup; ₹250 cr for new sewer lines
📝 Lab-grown diamond jewellery brand Firefly raises $3 mn in funding
📝 India set to maintain 1 MT sugar export quota amid comfortable supplies
📝 L&T-Cloudfiniti partners with three AI startups to drive digital innovation
*Economic Times*
📝 Defence production hit Rs 1.27 lakh crore in FY 2023-24, exports cross Rs 21,000 crore
📝 Boeing, Northrop Grumman await US Navy next-generation fighter contract this week, sources say
📝 Housing Price Index in NCR rises 17 points in Dec on high demand: Housing. com-ISB report
📝 Ministry of Labour & Employment launches India's social protection data drive
📝 Bain Capital's strategic investment to boost Manappuram Finance's corp governance: S&P
📝 DTC burdened by Rs 14,000 cr losses and shrinking fleet: CAG Report
📝 315Work Avenue plans to add 2 mn sqft of office space by FY2026
📝 India slaps Samsung with tax demand of $601 million for telecom imports
📝 BlackRock debuts Bitcoin exchange-traded product in Europe
📝 Godrej Enterprises Group eyes 50 pc growth in AC sales in FY26
📝 India’s top oil and gas explorer prepares for a looming glut
*Mint*
📝 GAIL, Coal India enter a JV for coal-to-synthetic natural gas project
📝 Fund transfers to states under 15th Finance Commission declined 52% over 3 years
📝 India must brace for 9-10% power demand surge in 2025 amid rising temperatures, warn experts
📝 India’s US trade deal at risk without fast-track authority: GTRI
📝 NCC bags two orders worth ₹10,804.6 crore from BSNL
📝 India open to tariff cuts on $23 billion of US imports amid trade negotiations
📝 Chinese electric vehicle maker BYD reports 2024 revenue over USD 100B, topping Teslas sales
📝 Meta plans to charge $14 a month for ad-free Instagram or Facebook
📝 Wipro GE Healthcare rolls out $1 billion expansion plan as US tariffs loom
📝 Indian consumers spent 15 billion hours waiting to make customer service complaint in 2024: Report
RBI cancels March 31 bank holiday: Govt orders banks to stay open for year-end closures
https://economictimes.indiatimes.com/wealth/save/rbi-cancels-march-31-bank-holiday-govt-orders-banks-to-stay-open-for-year-end-closures/articleshow/118204614.cms
https://economictimes.indiatimes.com/wealth/save/rbi-cancels-march-31-bank-holiday-govt-orders-banks-to-stay-open-for-year-end-closures/articleshow/118204614.cms
The Economic Times
RBI cancels March 31 bank holiday: Govt orders banks to stay open for year-end closures
To ensure accurate financial reporting, the Reserve Bank of India mandates that all agency banks remain open on March 31, 2025, even though it falls on a holiday in many states. The move aims to facilitate the proper accounting of government transactions…
🇮🇳India Daybook Stocks in News
*NCC:* Company has received 2 advance work Orders dated 25th March 2025 worth of Rs 10805 crore from BSNL for the BharatNet (Positive)
*BHEL:* extends its technology collaboration agreement with Vogt Power International Inc, USA (VPI) for Heat Recovery Steam Generators (Positive)
*IRFC:* Company enters into loan agreement of ₹5,000 crore with NTPC Renewable Energy (Positive)
*NTPC Green Energy:* Company declares commercial operation of 100 MW capacity out of 320 MW Bhainsara Solar PV project (800 MW) in Himachal Pradesh (Positive)
*NTPC:* Company announced the commercial operation of the final 100 MW capacity of the 320 MW Bhainsara Solar PV Project in Jaisalmer, Rajasthan (Positive)
*Arvind Smart:* Company sells 200 plots worth ₹180 crore at Bengaluru project 'Arvind The Park' (Positive)
*Automotive Stampings:* CRISIL Upgrades Ratings. Long-term rating upgraded to CRISIL A-/STABLE (from CRISIL BBB+/Stable) (Positive)
*Advait Energy:* Company has been confirmed as the L1 successful bidder for the OPGW Supply & Installation Package for various transmission lines across India from Power Grid Corporation of India Limited. (Positive)
*Mukka Proteins:* Company announced a strategic investment in FABBCO Bio Cycle and Bio Protein Technology Private Limited. (Positive)
*Yash Innoventures:* Company announced the launch of a redevelopment project of residential apartments in Ahmedabad, Gujarat, after winning a bid. The project value is approximately Rs 250 Crores. (Positive)
*Waaree Energies:* Company to inaugurate its 5.4 GW solar cell manufacturing plant at Chikhli, Navsari, Gujarat on March 29 (Positive)
*Rane Engine:* NCLT Chennai Bench, has sanctioned the Scheme of Amalgamation between Rane Engine Valve Limited and Rane Brake Lining Limited with and into Rane (Madras) Limited (Positive)
*Prism Johnson:* Declared Preferred Bidder for the Mining Lease Of Jamodi Mahanna Sector I (Part B) Limestone Block (Positive)
*Thomas Cook:* Company has opened a new store in Balewadi, Pune, to expand its retail presence. (Positive)
*Amara Raja:* Government said that use of lithium-on batteries in EV/Hybrid EV has been put in core-auto components (Positive)
*Asahi India:* Company has commenced commercial operations at its float glass facility in Rajasthan. (Positive)
*ADC India:* Company announced an interim dividend of Rs 25 per equity share for FY24-25. (Positive)
*Eco Hotels:* Company announced the approval for taking over a 54-room hotel in Vadodara, Gujarat on a long-term lease (Positive)
*BMW Industries:* Company has signed a MOU with the Ministry of Steel, Government of India under the Production Linked Incentive Scheme (Positive)
*ITD Cementation:* Renew Exim DMCC launched an open offer to acquire up to 4,46,64,772 equity shares of face value ₹1 each. (Positive)
*HCL Tech:* Company launches AI-powered ‘HCL Tech Insight’ for smart manufacturing solution (Positive)
*Mobikwik:* Company aims to expand product portfolio distribution network to drive profitability and revenue growth. (Positive)
*Infosys:* Company incorporates step-down arm Infosys BPM Netherlands BV. (Positive)
*Coal India:* Company incorporates Joint Venture with GAIL to tap the Synthetic Natural Gas market (Neutral)
*Somany Ceramics:* CRISIL Ratings has reaffirmed the credit ratings for the company's debt instruments and facilities (Neutral)
*Crompton Greaves Consumer:* Company received a notice of demand from the Income Tax Dept for ₹29.92 Cr (Neutral)
*Waaree Energies:* Company announced the appointment of Mr. R.S. Loona as an Independent Director for 5 years (Neutral)
*United Spirits:* Company revised record date for interim dividend at 03rd April (Neutral)
*Medi Assist:* A subsidiary of Medi Assist Healthcare Services Ltd, has been assigned a CARE AA-; Stable rating. (Neutral)
*HMVL:* Company announced the allotment of 56,07,412 equity shares for ₹22.47 Crore through warrant conversion in Pur Energy Limited. (Neutral)
*NCC:* Company has received 2 advance work Orders dated 25th March 2025 worth of Rs 10805 crore from BSNL for the BharatNet (Positive)
*BHEL:* extends its technology collaboration agreement with Vogt Power International Inc, USA (VPI) for Heat Recovery Steam Generators (Positive)
*IRFC:* Company enters into loan agreement of ₹5,000 crore with NTPC Renewable Energy (Positive)
*NTPC Green Energy:* Company declares commercial operation of 100 MW capacity out of 320 MW Bhainsara Solar PV project (800 MW) in Himachal Pradesh (Positive)
*NTPC:* Company announced the commercial operation of the final 100 MW capacity of the 320 MW Bhainsara Solar PV Project in Jaisalmer, Rajasthan (Positive)
*Arvind Smart:* Company sells 200 plots worth ₹180 crore at Bengaluru project 'Arvind The Park' (Positive)
*Automotive Stampings:* CRISIL Upgrades Ratings. Long-term rating upgraded to CRISIL A-/STABLE (from CRISIL BBB+/Stable) (Positive)
*Advait Energy:* Company has been confirmed as the L1 successful bidder for the OPGW Supply & Installation Package for various transmission lines across India from Power Grid Corporation of India Limited. (Positive)
*Mukka Proteins:* Company announced a strategic investment in FABBCO Bio Cycle and Bio Protein Technology Private Limited. (Positive)
*Yash Innoventures:* Company announced the launch of a redevelopment project of residential apartments in Ahmedabad, Gujarat, after winning a bid. The project value is approximately Rs 250 Crores. (Positive)
*Waaree Energies:* Company to inaugurate its 5.4 GW solar cell manufacturing plant at Chikhli, Navsari, Gujarat on March 29 (Positive)
*Rane Engine:* NCLT Chennai Bench, has sanctioned the Scheme of Amalgamation between Rane Engine Valve Limited and Rane Brake Lining Limited with and into Rane (Madras) Limited (Positive)
*Prism Johnson:* Declared Preferred Bidder for the Mining Lease Of Jamodi Mahanna Sector I (Part B) Limestone Block (Positive)
*Thomas Cook:* Company has opened a new store in Balewadi, Pune, to expand its retail presence. (Positive)
*Amara Raja:* Government said that use of lithium-on batteries in EV/Hybrid EV has been put in core-auto components (Positive)
*Asahi India:* Company has commenced commercial operations at its float glass facility in Rajasthan. (Positive)
*ADC India:* Company announced an interim dividend of Rs 25 per equity share for FY24-25. (Positive)
*Eco Hotels:* Company announced the approval for taking over a 54-room hotel in Vadodara, Gujarat on a long-term lease (Positive)
*BMW Industries:* Company has signed a MOU with the Ministry of Steel, Government of India under the Production Linked Incentive Scheme (Positive)
*ITD Cementation:* Renew Exim DMCC launched an open offer to acquire up to 4,46,64,772 equity shares of face value ₹1 each. (Positive)
*HCL Tech:* Company launches AI-powered ‘HCL Tech Insight’ for smart manufacturing solution (Positive)
*Mobikwik:* Company aims to expand product portfolio distribution network to drive profitability and revenue growth. (Positive)
*Infosys:* Company incorporates step-down arm Infosys BPM Netherlands BV. (Positive)
*Coal India:* Company incorporates Joint Venture with GAIL to tap the Synthetic Natural Gas market (Neutral)
*Somany Ceramics:* CRISIL Ratings has reaffirmed the credit ratings for the company's debt instruments and facilities (Neutral)
*Crompton Greaves Consumer:* Company received a notice of demand from the Income Tax Dept for ₹29.92 Cr (Neutral)
*Waaree Energies:* Company announced the appointment of Mr. R.S. Loona as an Independent Director for 5 years (Neutral)
*United Spirits:* Company revised record date for interim dividend at 03rd April (Neutral)
*Medi Assist:* A subsidiary of Medi Assist Healthcare Services Ltd, has been assigned a CARE AA-; Stable rating. (Neutral)
*HMVL:* Company announced the allotment of 56,07,412 equity shares for ₹22.47 Crore through warrant conversion in Pur Energy Limited. (Neutral)
*Varun Beverages:* Company acquired a 14% stake in Aspirative Creative Ventures Private Limited (Neutral)
*IREDA:* Board approves borrowing programme up to ₹30,800 crore for FY 2025-26 (Neutral)
*Manappuram Finance:* Company to consider borrowing programme on March 29 For FY26. (Neutral)
*Mason Infratech:* Company announced the resignation of CS Ravi Prakash Tiwari from his role as Company Secretary & Compliance Officer, effective March 25, 2025. (Neutral)
*Bosch Ltd:* Company announced changes in its HR leadership. Mr. Raman Kumar Singh appointed as Senior Vice President - HR, effective May 1, 2025. (Neutral)
*Afcons:* MD S Paramasivan appointed as Chairman of Project Export Promotion Council. (Neutral)
*Agribio Spirits:* Company announced the resignation of CS Versha Goyal, Company Secretary & Compliance Officer, and effective March 27, 2025. (Neutral)
*Jyothy Labs:* Company board approves sale of entire equity stake in Jyothy Kallol Bangladesh. (Neutral)
*Madhav Copper:* Company received an order on Mar 24, 2025, from the Income Tax Dept, levying a penalty under section 270A of the Income Tax Act, 1961, for the assessment year 2018-19. The penalty amounts to Rs 3.07 cr. (Neutral)
*NIACL:* Company announced the appointment of Ms. Mukta Sharma as the Chief Underwriting Officer, effective March 25, 2025. (Neutral)
*Neogen Chemicals:* Company announced its Board approved an investment in its wholly-owned subsidiary, Neogen Chemicals Japan Corporation Limited. The investment involves subscribing to equity shares of NCL Japan, totaling up to JPY 200 million. (Neutral)
*Granules India:* Company approves restructuring plan involving US units. (Neutral)
*Indegene:* Company arm Indegene Ireland to acquire MJL Communications Group & Its Arm MJL Advertising on a debt free cash free basis for GBP 3.4 million (Neutral)
*Jindal Stainless:* Company announced the acquisition of a 5.03% stake in Mynd Solutions. (Neutral)
*Avinash Textile:* Company is installing 1800.10 KWP rooftop solar power plant at its mill in Dera Bassi, Punjab. (Neutral)
*Federal Bank: Entered into a Memorandum of Understanding (MOU) to acquire a 4% equity stake in Ageas Federal Life Insurance Company. (Neutral)
*ONGC:* Company to infuse ₹3,300 crore in arm ONGC Green. (Neutral)
*TVS Motor:* Arm TVS Motor (Singapore) to acquire additional 8.26% stake in GO Corporation, Switzerland for CHF 500,000 (Neutral)
*JP Associates:* Deadline for submission of EOIs for Jairprakash Associates ends with at least 26 entities coming forward. (Neutral)
*DLF:* Arm DLF Home Developers acquires 49.997% stake in DLF Urban for ₹496.73 crore from Reco Greens Pte. (Neutral)
*Aditya Birla Capital:* Company said it has invested ₹40 crore in its wholly-owned subsidiary, (Neutral)
*Torrent Pharma:* Company has issued commercial papers (CPs) worth ₹300 crore on March 25 (Neutral)
*Dredging Corporation:* Company announced the appointment of Mrs. P Uma Gandhi as Chief Financial Officer. (Neutral)
*Tanla Platforms:* Completed the transfer of its 100% equity stake in Gamooga Softtech to Karix Mobile. (Neutral)
*Nazara Technologies:* Company announced the sale of its 71.54% stake in Sports Unity Private Limited (SUPL) to Mr. Shyamal Mehta for INR 7,15,404. (Neutral)
*Ramco Systems:* Company announced the appointment of Justice Chitra Venkataraman (Retd.) as a Non-Executive Independent Director (Neutral)
*TVS Motors:* Ex-Dividend date today, Rs 10/Share (Neutral)
*REC:* Ex-Dividend date today, Rs 3.6/Share (Neutral)
*Redington:* Company gets ₹175-crore tax demand order
*Maruti:* Company has received a draft Assessment Order for the FY 2021-22 wherein certain additions/ disallowances amounting to Rs 2966 crore with respect to returned income.
*IREDA:* Board approves borrowing programme up to ₹30,800 crore for FY 2025-26 (Neutral)
*Manappuram Finance:* Company to consider borrowing programme on March 29 For FY26. (Neutral)
*Mason Infratech:* Company announced the resignation of CS Ravi Prakash Tiwari from his role as Company Secretary & Compliance Officer, effective March 25, 2025. (Neutral)
*Bosch Ltd:* Company announced changes in its HR leadership. Mr. Raman Kumar Singh appointed as Senior Vice President - HR, effective May 1, 2025. (Neutral)
*Afcons:* MD S Paramasivan appointed as Chairman of Project Export Promotion Council. (Neutral)
*Agribio Spirits:* Company announced the resignation of CS Versha Goyal, Company Secretary & Compliance Officer, and effective March 27, 2025. (Neutral)
*Jyothy Labs:* Company board approves sale of entire equity stake in Jyothy Kallol Bangladesh. (Neutral)
*Madhav Copper:* Company received an order on Mar 24, 2025, from the Income Tax Dept, levying a penalty under section 270A of the Income Tax Act, 1961, for the assessment year 2018-19. The penalty amounts to Rs 3.07 cr. (Neutral)
*NIACL:* Company announced the appointment of Ms. Mukta Sharma as the Chief Underwriting Officer, effective March 25, 2025. (Neutral)
*Neogen Chemicals:* Company announced its Board approved an investment in its wholly-owned subsidiary, Neogen Chemicals Japan Corporation Limited. The investment involves subscribing to equity shares of NCL Japan, totaling up to JPY 200 million. (Neutral)
*Granules India:* Company approves restructuring plan involving US units. (Neutral)
*Indegene:* Company arm Indegene Ireland to acquire MJL Communications Group & Its Arm MJL Advertising on a debt free cash free basis for GBP 3.4 million (Neutral)
*Jindal Stainless:* Company announced the acquisition of a 5.03% stake in Mynd Solutions. (Neutral)
*Avinash Textile:* Company is installing 1800.10 KWP rooftop solar power plant at its mill in Dera Bassi, Punjab. (Neutral)
*Federal Bank: Entered into a Memorandum of Understanding (MOU) to acquire a 4% equity stake in Ageas Federal Life Insurance Company. (Neutral)
*ONGC:* Company to infuse ₹3,300 crore in arm ONGC Green. (Neutral)
*TVS Motor:* Arm TVS Motor (Singapore) to acquire additional 8.26% stake in GO Corporation, Switzerland for CHF 500,000 (Neutral)
*JP Associates:* Deadline for submission of EOIs for Jairprakash Associates ends with at least 26 entities coming forward. (Neutral)
*DLF:* Arm DLF Home Developers acquires 49.997% stake in DLF Urban for ₹496.73 crore from Reco Greens Pte. (Neutral)
*Aditya Birla Capital:* Company said it has invested ₹40 crore in its wholly-owned subsidiary, (Neutral)
*Torrent Pharma:* Company has issued commercial papers (CPs) worth ₹300 crore on March 25 (Neutral)
*Dredging Corporation:* Company announced the appointment of Mrs. P Uma Gandhi as Chief Financial Officer. (Neutral)
*Tanla Platforms:* Completed the transfer of its 100% equity stake in Gamooga Softtech to Karix Mobile. (Neutral)
*Nazara Technologies:* Company announced the sale of its 71.54% stake in Sports Unity Private Limited (SUPL) to Mr. Shyamal Mehta for INR 7,15,404. (Neutral)
*Ramco Systems:* Company announced the appointment of Justice Chitra Venkataraman (Retd.) as a Non-Executive Independent Director (Neutral)
*TVS Motors:* Ex-Dividend date today, Rs 10/Share (Neutral)
*REC:* Ex-Dividend date today, Rs 3.6/Share (Neutral)
*Redington:* Company gets ₹175-crore tax demand order
*Maruti:* Company has received a draft Assessment Order for the FY 2021-22 wherein certain additions/ disallowances amounting to Rs 2966 crore with respect to returned income.
📢 Financial Year 2024-2025 Closing Dates 📢
🔹 Last Trading Day for FY 2024-25: Thursday, 27th March 2025
✅ Trades executed on 27-Mar-2025 (All Segments) will be settled on 28-Mar-2025 (Friday) and billed in FY 2024-25.
🔹 Trades on 28-Mar-2025 (Friday):
✅ Will be settled on 02-Apr-2025 (Wednesday) and billed in the new financial year 2025-26.
⚠️ Trading Holiday: Monday, 31-Mar-2025 (Ramzan Festival)
📌 Important Notice: Trades executed on 28-Mar-2025 will be billed in FY 2025-26.
🔹 Last Trading Day for FY 2024-25: Thursday, 27th March 2025
✅ Trades executed on 27-Mar-2025 (All Segments) will be settled on 28-Mar-2025 (Friday) and billed in FY 2024-25.
🔹 Trades on 28-Mar-2025 (Friday):
✅ Will be settled on 02-Apr-2025 (Wednesday) and billed in the new financial year 2025-26.
⚠️ Trading Holiday: Monday, 31-Mar-2025 (Ramzan Festival)
📌 Important Notice: Trades executed on 28-Mar-2025 will be billed in FY 2025-26.
GIFT Nifty -60 pts (23750) from last trade 23810
Nikkei -711 pts ,
Hangseng +94 pts ,
Dow -155.09 pts ,Nsdq -94.98 pts, S&P
-18.89 pts , Bovespa +629 pts , Ftse -23 pts , Dax -160 pts , Cac -40 pts , Crude @ $69.88 brl (-0.04), Brent @ $74.03 brl (+0.00) , Gold @ 3068.80 (+7.60), Silver $35.38 (+0.29), Euro @ $1.0796, JPY @ $150.87, INR @ 85.705
Today's Corporate Action
28th Mar Ex Date
KBCGLOBAL
Bonus issue 1:1
Today's Key Results/Board Meetings
28-Mar-25
DCMSRIND
Interim Dividend
INDLEASE
General
LANCORHOL
Issue Of Warrants;Preferential Issue of shares;General
LPDC
General
MARIS
General
MOTOGENFIN
General
SHINEFASH
General
TGVSL
General
TRIPR
General
USHAKIRA
General
WARDINMOBI
General
Stock under F&O ban on NSE
28-Mar-25
None
Nikkei -711 pts ,
Hangseng +94 pts ,
Dow -155.09 pts ,Nsdq -94.98 pts, S&P
-18.89 pts , Bovespa +629 pts , Ftse -23 pts , Dax -160 pts , Cac -40 pts , Crude @ $69.88 brl (-0.04), Brent @ $74.03 brl (+0.00) , Gold @ 3068.80 (+7.60), Silver $35.38 (+0.29), Euro @ $1.0796, JPY @ $150.87, INR @ 85.705
Today's Corporate Action
28th Mar Ex Date
KBCGLOBAL
Bonus issue 1:1
Today's Key Results/Board Meetings
28-Mar-25
DCMSRIND
Interim Dividend
INDLEASE
General
LANCORHOL
Issue Of Warrants;Preferential Issue of shares;General
LPDC
General
MARIS
General
MOTOGENFIN
General
SHINEFASH
General
TGVSL
General
TRIPR
General
USHAKIRA
General
WARDINMOBI
General
Stock under F&O ban on NSE
28-Mar-25
None
News Headlines from Business News Agencies :
Business Standard :
📝 Indian media, entertainment sector grew 3.3% to Rs 2.5 trn in 2024: Report
📝 HCLTech selected as design partner under Samsung's SAFE programme
📝 Jubilant Foods aims 3,000 Domino's stores, 250 Popeyes outlets in 3 years
📝 Centre asks states to activate heat action plans, boost preparedness
📝 Orkla India revamps board, appoints 4 non-executive independent directors
📝 Fresh capex to boost hospital bed expansion by 35-40% in 3-5 years
📝 Housing sales dip 28% in top 7 Indian cities, prices increase: Report
📝 Airtel lands 2Africa Pearls subsea cable in Mumbai with Meta, Center3
📝 RBI expected to cut repo rate by 25 bps in April, 75 bps in FY26: Ind-Ra
📝 US tariffs hike will drive prices for American consumers: H&M CEO
📝 YES launches semiconductor equipment production, begins TN shipments
📝 TVS Supply Chain Solutions names R Vaidhyanathan as its Global CFO
Economic Times :
📝 BSNL revenue impacted by 4G delay, stiff competition: MoS Telecom
📝 Installed nuclear energy capacity to reach 13 GW by 2029-30: Minister Jitendra Singh
📝 Foxconn plans EV event in Japan to woo manufacturers, sources say
📝 Mother Dairy to scale up D2C app, to invest Rs 1,400 crore on capex
📝 25,000 km of highway to be widened to 4 lanes for Rs 10 lakh crore: Gadkari
📝 German minister, autos lobby call for urgent EU-US talks over tariffs
📝 Saudi Aramco looks to invest in Indian refineries, sources say
📝 Hitachi Cash Management Services appoints Yusuf Pachmariwala the MD & CEO
📝 RBI to meet banks on liquidity framework next week, changes on cards, sources say
📝 Starlink eyes India as key growth market, targeting 5.7 mn new subscribers by 2030
📝 200 aircraft leased out from Gift City: Civil Aviation Minister Naidu
Mint :
📝 Indian banks loan growth slows for eighth straight month in February, RBI data shows
📝 BIS cracks down on e-commerce warehouses even as US, India talk trade
📝 Singapores central bank proposes rules for retail private market investment funds
📝 Tata Motors completes ₹2,000 crore fundraise move after allotment of NCDs
📝 Karnataka raises Nandini Milk price by ₹4 per litre, effective April 1
📝 Govt confident of meeting 277 GW peak power demand in FY26: Shripad Naik
📝 United Spirits board approves interim dividend of ₹4/share for FY25
📝 Jefferies expects limited capacity, premium pricing from Starlink; sees no disruption to Indian telcos
📝 IPC raises concern over five lifesaving drugs over adverse reactions
📝 No negative margin impact from Trump pausing IRA spending: Waaree CEO
📝 Trumps auto tariffs to have minimal impact on Indias automobile sector: GTRI
Business Standard :
📝 Indian media, entertainment sector grew 3.3% to Rs 2.5 trn in 2024: Report
📝 HCLTech selected as design partner under Samsung's SAFE programme
📝 Jubilant Foods aims 3,000 Domino's stores, 250 Popeyes outlets in 3 years
📝 Centre asks states to activate heat action plans, boost preparedness
📝 Orkla India revamps board, appoints 4 non-executive independent directors
📝 Fresh capex to boost hospital bed expansion by 35-40% in 3-5 years
📝 Housing sales dip 28% in top 7 Indian cities, prices increase: Report
📝 Airtel lands 2Africa Pearls subsea cable in Mumbai with Meta, Center3
📝 RBI expected to cut repo rate by 25 bps in April, 75 bps in FY26: Ind-Ra
📝 US tariffs hike will drive prices for American consumers: H&M CEO
📝 YES launches semiconductor equipment production, begins TN shipments
📝 TVS Supply Chain Solutions names R Vaidhyanathan as its Global CFO
Economic Times :
📝 BSNL revenue impacted by 4G delay, stiff competition: MoS Telecom
📝 Installed nuclear energy capacity to reach 13 GW by 2029-30: Minister Jitendra Singh
📝 Foxconn plans EV event in Japan to woo manufacturers, sources say
📝 Mother Dairy to scale up D2C app, to invest Rs 1,400 crore on capex
📝 25,000 km of highway to be widened to 4 lanes for Rs 10 lakh crore: Gadkari
📝 German minister, autos lobby call for urgent EU-US talks over tariffs
📝 Saudi Aramco looks to invest in Indian refineries, sources say
📝 Hitachi Cash Management Services appoints Yusuf Pachmariwala the MD & CEO
📝 RBI to meet banks on liquidity framework next week, changes on cards, sources say
📝 Starlink eyes India as key growth market, targeting 5.7 mn new subscribers by 2030
📝 200 aircraft leased out from Gift City: Civil Aviation Minister Naidu
Mint :
📝 Indian banks loan growth slows for eighth straight month in February, RBI data shows
📝 BIS cracks down on e-commerce warehouses even as US, India talk trade
📝 Singapores central bank proposes rules for retail private market investment funds
📝 Tata Motors completes ₹2,000 crore fundraise move after allotment of NCDs
📝 Karnataka raises Nandini Milk price by ₹4 per litre, effective April 1
📝 Govt confident of meeting 277 GW peak power demand in FY26: Shripad Naik
📝 United Spirits board approves interim dividend of ₹4/share for FY25
📝 Jefferies expects limited capacity, premium pricing from Starlink; sees no disruption to Indian telcos
📝 IPC raises concern over five lifesaving drugs over adverse reactions
📝 No negative margin impact from Trump pausing IRA spending: Waaree CEO
📝 Trumps auto tariffs to have minimal impact on Indias automobile sector: GTRI
👍1
🇮🇳India Daybook – Stocks in News
HCL Tech: Company partners with Samsung to enhance Semiconductor innovation. (Positive)
Infosys: Company drives LKQ Europe’s HR overhaul with unified cloud platform (Positive)
Uflex: Flex America, a step-down subsidiary, began commercial operations of its new Cast Polypropylene Films production line in Mexico on March 26, 2025, with an installed capacity of 18,000 MTPA (Positive)
Zensar Tech: Company to collaborate with Tesco Insurance & Money. (Positive)
Dr Agarwal's Health: Company has started a new branch in Eluru, Andhra Pradesh, and effective March 27, 2025. (Positive)
North Eastern: Company secured a 5-year contract from Tata Steel Limited to transport steel products using electric heavy vehicles (EVs) from Sahibabad to various destinations. (Positive)
Expo Gas Containers: Company received a work order on March 27th, 2025, from BPCL (Mahul), Mumbai, for Rs 25.62 crore. (Positive)
City Union Bank: Bank opened 7 new branches on March 27, 2025, bringing the total to 875 branches. (Positive)
Jindal Steel: Company Declared Successful Bidder For Saradhapur Jalatap East Coal Block, Company Has Been Declared The Highest Bidder With A Revenue Sharing Of 10%. (Positive)
M&M & Force Motors: Ministry of Defence signs Rs 2,500 crore contracts for NAMIS Tracked version of anti-tank weapon platform and 5,000 Light Vehicles (Positive)
Max Estates: Board of Directors have approved the Binding MOUs with New York Life Insurance Company for proposed investment by the Company (Positive)
Zen Technologies: Company bags ₹152 crore order from ministry of defence for integrated air defence combat simulator (Positive)
AB Fashion: NCLT approves scheme of arrangement among company & Aditya Birla Lifestyle Brands (Positive)
Raymond Ltd: NCLT has approved the Scheme of Arrangement between Raymond Limited (Demerged Company) and Raymond Realty Limited (Resulting Company). (Positive)
DCM Shriram: Commissioned a 12TPD Compressed Biogas plant at Ajbapur Unit (Positive)
Bharat Electronics: Company gets additional orders worth ₹1,385 crore since March (Positive)
Kinetic Engineering: Company announced the allotment of 93,56,725 Convertible Warrants at ₹171 each via a preferential issue. (Positive)
Adani Green: Company has operationalized an aggregate 396.7 MW power projects at Khavda, Gujarat. (Positive)
BSE: NSE has deferred its plan to change the expiry day until further notice post SEBI consultation paper. (Positive)
GIPCL: Company announced the allotment of 39,64,756 equity shares at ₹227.00 each to Gujarat Alkalies and GSFC (Positive)
UltraTech Cement: Company commissions brownfield clinker capacity of 3.35 MTPA in Madhya Pradesh plant. (Positive)
IREDA: Company Secures JPY 26 Billion ECB Facility from SBI Tokyo (Positive)
Bharat Forge: Kalyani Strategic Systems has entered into a joint venture agreement with Duma Engineering Group S.L. for solutions relating to defence products to address Indian, European and certain other export markets. (Positive)
DLF: Company has outlined an aggressive financial strategy, targeting a zero-debt position in its development business (Positive)
BEML: Company has received a contract by Bengaluru Metro Rail Corporation with a value of approximately ₹405 Crores. (Positive)
Asian Paints: Arm to set manufacturing facility for Vinyl Acetate Ethylene Emulsion (VAE) & Vinyl Acetate Monomer (VAM) and Ethylene storage & handling facility in Dahej, Gujarat. (Neutral)
Gravita India: ICRA revises credit ratings. Fund-based/non-fund based working capital limits of ₹100 Cr. rated [ICRA]AA- (Stable). (Neutral)
HDFC Bank: Issues 20 lakh credit cards in partnership with Tata Neu. (Neutral)
SAL Automotive: Company announced a record date of April 3, 2025, for a bonus issue. (Neutral)
HCL Tech: Company partners with Samsung to enhance Semiconductor innovation. (Positive)
Infosys: Company drives LKQ Europe’s HR overhaul with unified cloud platform (Positive)
Uflex: Flex America, a step-down subsidiary, began commercial operations of its new Cast Polypropylene Films production line in Mexico on March 26, 2025, with an installed capacity of 18,000 MTPA (Positive)
Zensar Tech: Company to collaborate with Tesco Insurance & Money. (Positive)
Dr Agarwal's Health: Company has started a new branch in Eluru, Andhra Pradesh, and effective March 27, 2025. (Positive)
North Eastern: Company secured a 5-year contract from Tata Steel Limited to transport steel products using electric heavy vehicles (EVs) from Sahibabad to various destinations. (Positive)
Expo Gas Containers: Company received a work order on March 27th, 2025, from BPCL (Mahul), Mumbai, for Rs 25.62 crore. (Positive)
City Union Bank: Bank opened 7 new branches on March 27, 2025, bringing the total to 875 branches. (Positive)
Jindal Steel: Company Declared Successful Bidder For Saradhapur Jalatap East Coal Block, Company Has Been Declared The Highest Bidder With A Revenue Sharing Of 10%. (Positive)
M&M & Force Motors: Ministry of Defence signs Rs 2,500 crore contracts for NAMIS Tracked version of anti-tank weapon platform and 5,000 Light Vehicles (Positive)
Max Estates: Board of Directors have approved the Binding MOUs with New York Life Insurance Company for proposed investment by the Company (Positive)
Zen Technologies: Company bags ₹152 crore order from ministry of defence for integrated air defence combat simulator (Positive)
AB Fashion: NCLT approves scheme of arrangement among company & Aditya Birla Lifestyle Brands (Positive)
Raymond Ltd: NCLT has approved the Scheme of Arrangement between Raymond Limited (Demerged Company) and Raymond Realty Limited (Resulting Company). (Positive)
DCM Shriram: Commissioned a 12TPD Compressed Biogas plant at Ajbapur Unit (Positive)
Bharat Electronics: Company gets additional orders worth ₹1,385 crore since March (Positive)
Kinetic Engineering: Company announced the allotment of 93,56,725 Convertible Warrants at ₹171 each via a preferential issue. (Positive)
Adani Green: Company has operationalized an aggregate 396.7 MW power projects at Khavda, Gujarat. (Positive)
BSE: NSE has deferred its plan to change the expiry day until further notice post SEBI consultation paper. (Positive)
GIPCL: Company announced the allotment of 39,64,756 equity shares at ₹227.00 each to Gujarat Alkalies and GSFC (Positive)
UltraTech Cement: Company commissions brownfield clinker capacity of 3.35 MTPA in Madhya Pradesh plant. (Positive)
IREDA: Company Secures JPY 26 Billion ECB Facility from SBI Tokyo (Positive)
Bharat Forge: Kalyani Strategic Systems has entered into a joint venture agreement with Duma Engineering Group S.L. for solutions relating to defence products to address Indian, European and certain other export markets. (Positive)
DLF: Company has outlined an aggressive financial strategy, targeting a zero-debt position in its development business (Positive)
BEML: Company has received a contract by Bengaluru Metro Rail Corporation with a value of approximately ₹405 Crores. (Positive)
Asian Paints: Arm to set manufacturing facility for Vinyl Acetate Ethylene Emulsion (VAE) & Vinyl Acetate Monomer (VAM) and Ethylene storage & handling facility in Dahej, Gujarat. (Neutral)
Gravita India: ICRA revises credit ratings. Fund-based/non-fund based working capital limits of ₹100 Cr. rated [ICRA]AA- (Stable). (Neutral)
HDFC Bank: Issues 20 lakh credit cards in partnership with Tata Neu. (Neutral)
SAL Automotive: Company announced a record date of April 3, 2025, for a bonus issue. (Neutral)
Alldigi Tech: Company announced the resignation of Mr. Neeraj Manchanda from the post of Company Secretary and Compliance Officer (Neutral)
RCF: Company announced that the Assistant Commissioner, GST, and Raipur set aside a demand of Rs 9.82 Cr including interest and penalty vide order date. Mar 27, 2025. (Neutral)
Mangalam Cement: CARE Ratings has reaffirmed credit ratings for Long-Term Bank Facilities: Rs 567.35 crore (enhanced from Rs 530.31 crore) - CARE A+; Stable - Reaffirmed. (Neutral)
Hindustan Aeronautics: Company announced an amendment to the LCA Mk1 FOC contract signed on Dec 23, 2010. The contract value has been revised from Rs 5,989.39 Cr to Rs 6,542.20 Cr. (Neutral)
Asia Capital: Company announced the resignation of Mr. Prateek Sharma from the position of Company Secretary and Compliance Officer. His resignation is effective from March 31, 2025. (Neutral)
Apcotex Industries: Company approved entering a Power Purchase Agreement (PPA) and a Share Subscription Cum Shareholders Agreement (SSSHA). (Neutral)
Power Finance: Company announced the transfer of its wholly-owned subsidiary, Kurnool III PS RE Transmission Limited, to Power Grid Corporation of India Limited on March 27, 2025. (Neutral)
Jio Financial: Company Invests Rs 10 billion In Unit Jio Finance Ltd, Company Unit JFL Will Utilise The Amount To Fund Its Business Operations. (Neutral)
Stovec Industries: Company announced the resignation of Mr. Paras Mehta from the position of Chief Financial Officer & Key Managerial Person on March 27, 2025. (Neutral)
Repco Home: Company announced the appointment of Mrs. D. Sireesha Rani as Chief Compliance Officer, effective March 29, 2025 (Neutral)
SBI Life: Company received an order u/s 270A from the Income Tax Dept. on Mar 27, 2025. The order relates to FY18-19, with a penalty of ₹59.31 Cr. (Neutral)
Samvardhana Motherson: Company seeks to ease investor fears, says Trump tariffs unlikely to dent growth (Neutral)
CESC: Company announced that the Uttar Pradesh Electricity Regulatory Commission approved the Power Purchase Agreement between its subsidiary Dhariwal Infrastructure and Noida Power Company Ltd. (Neutral)
Quess Corp: Company received an order from the Deputy Commissioner of Income Tax, Bengaluru, disallowing a deduction. This resulted in a demand of ₹19.94 Cr. (Neutral)
NACL Industries: Coromandel Open Offer to acquire up to 52,462,320 equity shares from public shareholders at ₹76.70 per share to comments at May 13, 2025 to May 26, 2025. (Neutral)
Hilton Metal: Company announced the approval to issue equity shares via Qualified Institutional Placement (QIP) (Neutral)
Yogi Limited: Company allotted 1,09,60,000 equity shares at Rs. 32 each upon conversion of convertible warrants. (Neutral)
DOMS Industries: Company announced the acquisition of an additional 13.0% stake in Pioneer Stationery Private Limited. (Neutral)
CG Power: ED order extends freeze on bank account, company claims no financial impact (Neutral)
Jindal Saw: Company announced an increase in its shareholding in its subsidiary, Jindal ITF Limited. (Neutral)
Autoline Industries: Company announced plans to raise ₹60 Cr to fund expansion, including capital expenditure and working capital (Neutral)
Piramal Enterprises: Company announced the approval for issuing Secured, Rated, Listed, Redeemable, Non-Convertible Debentures. (Neutral)
UCO Bank: Closes QIP, issue price at ₹34.27/sh. (Neutral)
Punjab & Sind Bank: Closes QIP, sets issue price at ₹38.37/sh. (Neutral)
Matrimony: Ex-Dividend date today, Rs 5/Share (Neutral)
TVS Holdings Limited: Ex-Dividend date today, Rs 93/Share (Neutral)
Motherson Wiring: Ex-Dividend date today, Rs 0.50/Share (Neutral)
Samvardhan Motherson: Ex-Dividend date today, Rs 0.50/Share (Neutral)
KBC Global: Ex-Bonus date today, Ratio 1:1 (Neutral)
DCM Shriram: Board Meeting today to consider interim dividend (Neutral)
Ashiana Housing: Board Meeting today to consider interim dividend (Neutral)
Gravita India: Company received Rs 41.49 Cr demand notice from the Income Tax Dept. for AY2022-23.
RCF: Company announced that the Assistant Commissioner, GST, and Raipur set aside a demand of Rs 9.82 Cr including interest and penalty vide order date. Mar 27, 2025. (Neutral)
Mangalam Cement: CARE Ratings has reaffirmed credit ratings for Long-Term Bank Facilities: Rs 567.35 crore (enhanced from Rs 530.31 crore) - CARE A+; Stable - Reaffirmed. (Neutral)
Hindustan Aeronautics: Company announced an amendment to the LCA Mk1 FOC contract signed on Dec 23, 2010. The contract value has been revised from Rs 5,989.39 Cr to Rs 6,542.20 Cr. (Neutral)
Asia Capital: Company announced the resignation of Mr. Prateek Sharma from the position of Company Secretary and Compliance Officer. His resignation is effective from March 31, 2025. (Neutral)
Apcotex Industries: Company approved entering a Power Purchase Agreement (PPA) and a Share Subscription Cum Shareholders Agreement (SSSHA). (Neutral)
Power Finance: Company announced the transfer of its wholly-owned subsidiary, Kurnool III PS RE Transmission Limited, to Power Grid Corporation of India Limited on March 27, 2025. (Neutral)
Jio Financial: Company Invests Rs 10 billion In Unit Jio Finance Ltd, Company Unit JFL Will Utilise The Amount To Fund Its Business Operations. (Neutral)
Stovec Industries: Company announced the resignation of Mr. Paras Mehta from the position of Chief Financial Officer & Key Managerial Person on March 27, 2025. (Neutral)
Repco Home: Company announced the appointment of Mrs. D. Sireesha Rani as Chief Compliance Officer, effective March 29, 2025 (Neutral)
SBI Life: Company received an order u/s 270A from the Income Tax Dept. on Mar 27, 2025. The order relates to FY18-19, with a penalty of ₹59.31 Cr. (Neutral)
Samvardhana Motherson: Company seeks to ease investor fears, says Trump tariffs unlikely to dent growth (Neutral)
CESC: Company announced that the Uttar Pradesh Electricity Regulatory Commission approved the Power Purchase Agreement between its subsidiary Dhariwal Infrastructure and Noida Power Company Ltd. (Neutral)
Quess Corp: Company received an order from the Deputy Commissioner of Income Tax, Bengaluru, disallowing a deduction. This resulted in a demand of ₹19.94 Cr. (Neutral)
NACL Industries: Coromandel Open Offer to acquire up to 52,462,320 equity shares from public shareholders at ₹76.70 per share to comments at May 13, 2025 to May 26, 2025. (Neutral)
Hilton Metal: Company announced the approval to issue equity shares via Qualified Institutional Placement (QIP) (Neutral)
Yogi Limited: Company allotted 1,09,60,000 equity shares at Rs. 32 each upon conversion of convertible warrants. (Neutral)
DOMS Industries: Company announced the acquisition of an additional 13.0% stake in Pioneer Stationery Private Limited. (Neutral)
CG Power: ED order extends freeze on bank account, company claims no financial impact (Neutral)
Jindal Saw: Company announced an increase in its shareholding in its subsidiary, Jindal ITF Limited. (Neutral)
Autoline Industries: Company announced plans to raise ₹60 Cr to fund expansion, including capital expenditure and working capital (Neutral)
Piramal Enterprises: Company announced the approval for issuing Secured, Rated, Listed, Redeemable, Non-Convertible Debentures. (Neutral)
UCO Bank: Closes QIP, issue price at ₹34.27/sh. (Neutral)
Punjab & Sind Bank: Closes QIP, sets issue price at ₹38.37/sh. (Neutral)
Matrimony: Ex-Dividend date today, Rs 5/Share (Neutral)
TVS Holdings Limited: Ex-Dividend date today, Rs 93/Share (Neutral)
Motherson Wiring: Ex-Dividend date today, Rs 0.50/Share (Neutral)
Samvardhan Motherson: Ex-Dividend date today, Rs 0.50/Share (Neutral)
KBC Global: Ex-Bonus date today, Ratio 1:1 (Neutral)
DCM Shriram: Board Meeting today to consider interim dividend (Neutral)
Ashiana Housing: Board Meeting today to consider interim dividend (Neutral)
Gravita India: Company received Rs 41.49 Cr demand notice from the Income Tax Dept. for AY2022-23.
NSE changes lot sizes of F&O contracts -
Nifty Bank : Lot size revised to 35 from existing 30
Nifty Mid Select : Lot size revised to 140 from existing 120
Nifty Bank : Lot size revised to 35 from existing 30
Nifty Mid Select : Lot size revised to 140 from existing 120
DIGITAL PAYMENTS GROWTH
While online transactions done by men grew between fiscal 2014-2021, the increase in those carried out by women outpaced the corresponding growth.
https://shorturl.at/aJi5P
While online transactions done by men grew between fiscal 2014-2021, the increase in those carried out by women outpaced the corresponding growth.
https://shorturl.at/aJi5P
NDTV Profit
Growth In Digital Payments: Women Outpace Men
This trend is due to increased tech-savviness and mobile internet adoption by women, as well as easier e-KYC processes and greater contribution from rural women.
*News Headlines from Business News Agencies:*
*Business Standard*
📝 Govt weighs EV charging expansion across key infra with ₹2,000 crore fund
📝 Goldman raises odds of US recession to 35%, predicts 3 interest rate cuts
📝 Nalco draws Parl panel flak for spending under 50% of targeted capex
📝 India inflows hit 6-month high at $419 mn as US funds see $19 bn redemption
📝 LuNGS Alliance to enhance access to tailored cancer therapies in India
📝 Flex office operators eye IPOs as MNCs, GCCs demand grade-A spaces
📝 BirlaNu plans to invest up to Rs 1,300 cr in next 3 yrs, eyes acquisitions
📝 India's tea exports touch highest levels, but rising imports a concern
📝 OYO expects 60% jump in Q4 revenue at Rs 2,100 crore: Ritesh Agarwal
📝 Equity MF inflows likely slowed down further in March after February dip
📝 Auto-parts companies tap electronics as new growth avenue: Report
*Economic Times*
📝 NHPC begins 600 MW commercial supply from 3 units of Parbati-II
📝 Apple hit with $162 million French antitrust fine over privacy tool
📝 Prozeal Green Energy, Gujarat Kidney and Super Speciality file for IPOs with SEBI
📝 Spinny raises $52 million from existing investors Accel, Fundamentum
📝 DCM Shriram commissions new caustic soda flakes plant in Gujarat
📝 Ankura Hospitals secures Rs 165 cr funding from ADB
📝 E-commerce sector in India to see highest salary hike in 2025: EY Report
📝 Indian companies with over Rs 1 lakh crore market cap surge 40 times since 2000: NSE Report
📝 Tejas Networks gets Rs 189.1 cr from govt as PLI incentive for FY25
📝 Croma appoints Shibashish Roy as new CEO & MD
📝 India may redraw PLI playbook with 360-degree approach for champion sectors
*Mint*
📝 Indian banks expected to see loan growth of 12-14 per cent in FY26: Report
📝 Renault to acquire Nissan's 51% stake in Indian auto manufacturing arm
📝 RBI likely to cut rates in April, BofA sees repo at 5.5% by year-end
📝 Indias external debt rises to USD 717.9 bn at Dec-end
📝 Sitharaman to visit London from Apr 8-10; FTA talks may figure in meetings
📝 Goldman slashes S&P 500 target for second time this month on growth risks
📝 FPI exodus persists in March; equities worth ₹1.16 lakh crore sold in 2025 YTD
📝 China Banks Increase Consumer Loan Rates to Protect Margins
📝 Regulator proposes tweak in pipeline tariffs; CNG and piped gas to be charged lowest rate
📝 Brace for hotter April-June as IMD warns of more heatwave days in many states.
*Business Standard*
📝 Govt weighs EV charging expansion across key infra with ₹2,000 crore fund
📝 Goldman raises odds of US recession to 35%, predicts 3 interest rate cuts
📝 Nalco draws Parl panel flak for spending under 50% of targeted capex
📝 India inflows hit 6-month high at $419 mn as US funds see $19 bn redemption
📝 LuNGS Alliance to enhance access to tailored cancer therapies in India
📝 Flex office operators eye IPOs as MNCs, GCCs demand grade-A spaces
📝 BirlaNu plans to invest up to Rs 1,300 cr in next 3 yrs, eyes acquisitions
📝 India's tea exports touch highest levels, but rising imports a concern
📝 OYO expects 60% jump in Q4 revenue at Rs 2,100 crore: Ritesh Agarwal
📝 Equity MF inflows likely slowed down further in March after February dip
📝 Auto-parts companies tap electronics as new growth avenue: Report
*Economic Times*
📝 NHPC begins 600 MW commercial supply from 3 units of Parbati-II
📝 Apple hit with $162 million French antitrust fine over privacy tool
📝 Prozeal Green Energy, Gujarat Kidney and Super Speciality file for IPOs with SEBI
📝 Spinny raises $52 million from existing investors Accel, Fundamentum
📝 DCM Shriram commissions new caustic soda flakes plant in Gujarat
📝 Ankura Hospitals secures Rs 165 cr funding from ADB
📝 E-commerce sector in India to see highest salary hike in 2025: EY Report
📝 Indian companies with over Rs 1 lakh crore market cap surge 40 times since 2000: NSE Report
📝 Tejas Networks gets Rs 189.1 cr from govt as PLI incentive for FY25
📝 Croma appoints Shibashish Roy as new CEO & MD
📝 India may redraw PLI playbook with 360-degree approach for champion sectors
*Mint*
📝 Indian banks expected to see loan growth of 12-14 per cent in FY26: Report
📝 Renault to acquire Nissan's 51% stake in Indian auto manufacturing arm
📝 RBI likely to cut rates in April, BofA sees repo at 5.5% by year-end
📝 Indias external debt rises to USD 717.9 bn at Dec-end
📝 Sitharaman to visit London from Apr 8-10; FTA talks may figure in meetings
📝 Goldman slashes S&P 500 target for second time this month on growth risks
📝 FPI exodus persists in March; equities worth ₹1.16 lakh crore sold in 2025 YTD
📝 China Banks Increase Consumer Loan Rates to Protect Margins
📝 Regulator proposes tweak in pipeline tariffs; CNG and piped gas to be charged lowest rate
📝 Brace for hotter April-June as IMD warns of more heatwave days in many states.
🇮🇳India Daybook – Stocks in News
*NHPC:* Company announced the successful completion of the trial run for Unit1 (200 MW) of the Parbati-II HE Project (800 MW) in Himachal Pradesh (Positive)
*Gail:* Company to Get Pipeline Tariff Boost, Margins to Rise by Rupees 3,400 Cr – ET. (Positive)
*Cineline India:* Company announced monetization Of Hotel Asset for Rs 270 Crores. (Positive)
*Railtel:* Company received a work order of Rs 1625 crore. (Positive)
*Hindustan Aeronautics:* Company signs contracts worth ₹62,700 crore with Defence Ministry for supply 156 light combat helicopters (Positive)
*Excel Industries:* Company announced capacity addition for its existing biocides product (Positive)
*Power Mech Projects:* Company announced the receipt of a ₹425 crore order from Mirzapur Thermal Energy (UP) Private Limited. (Positive)
*DMart:* Avenue Supermarts Ltd opened 6 new stores today at Surat, Nuzividu, Ludhiana, Borsad, Jaipur & Deesa. (Positive)
*HBL Power:* Company received two Letters of Acceptance totaling ₹499.68 Cr for Kavach systems in Viramgam-Rajkot-Okha & Dholpur-Bina sections. (Positive)
*Ramco Cements:* Company announced an increase in cement grinding capacity at its Kalavatala Plant in Andhra Pradesh. (Positive)
*Astec LifeSciences:* Company appoints Burjis Godrej as Managing Director of the comoany for 5 years w.e.f. April 1, 2025 (Positive)
*JSW Steel:* Company declared successful bidder for the Dugda Coal Washery in Jharkhand, securing a 25-year deal to operate the facility (Positive)
*PG Electroplast:* Company expects 30-35% growth in next financial year. (Positive)
*Zaggle:* Company has entered into a domestic agreement with Wonder Home Finance Limited (Positive)
*Electronic goods stocks:* Cabinet approves ₹22,919 crore electronics PLI scheme (Positive)
*GMR Airports:* Flying into & out of Delhi airport to get costlier from April 16, User Development Fee (UDF) hiked (Positive)
*Mangalam Worldwide:* Company has installed a 1200 KWp rooftop solar power plant in Kapadwanj, Gujarat, for captive consumption. (Positive)
*Yatharth Hospital:* Company has acquired a super specialty hospital in Delhi (Positive)
*IREDA:* Company secured a 26 billion Yen loan from SBI Tokyo, with a 10 billion Yen greenshoe option. (Positive)
*Adani Green Energy:* Company's subsidiary starts 37.5 MW solar power project in Gujarat’s Khavda (Positive)
*DCM Shriram:* Commissioned a 12TPD Compressed Biogas plant at Ajbapur Unit (Positive)
*Ashima:* Company has sold land in Ahmedabad for ₹48.00 Cr. (Positive)
*Bharat Electronics:* Company gets additional orders worth ₹1,385 crore since March (Positive)
*Suryoday SFB:* Company completed the sale of a stressed loan portfolio (Rs 80.59 Cr as of Feb 28, 2025) to Asset Reconstruction Company for Rs 31.43 Cr. (Positive)
*Power Grid:* Board approves investment of ₹673.08 crore for procurement of 6 397 MVA converter transformer for Talcher-Kolar HVDC Link. (Positive)
*Shree Cement:* Company increases production capacity of Nawalgarh, Rajasthan-based integrated cement plant to 4.50 MTPA from 3.80 MTPA. (Positive)
*Varun Beverages:* Company has entered into share purchase agreements with Ghana Bottling Company Ltd and Tanzania Bottling Company SA (Positive)
*Vodafone Idea:* Government to convert dues into equity, to get shares worth Rs 36,950 cr at an issue price of Rs 10/sh. (Positive)
*DCM Shriram:* Company commissions 2nd 300 TPD flexi-fuel flaker plant at Jhagadia, Bharuch, Gujarat (Positive)
*Waaree Energies:* Inaugurates 5.4 GW solar cell gigafactory facility in Chikhli, Gujarat (Positive)
*Newgen Software:* Company signs 3year agreement with a customer for an order worth $1.58 m (Positive)
*Walchandnagar:* Company received a contract from Vikram Sarabhai Space Centre (VSSC) for ₹30.75 Cr. (Positive)
*SRF Ltd:* Company announced the commissioning & capitalization of its Belting Fabric Operations project. (Positive)
*NCC:* Company gets total orders worth ₹5,773 crore in March 2025 (Positive)
*NHPC:* Company announced the successful completion of the trial run for Unit1 (200 MW) of the Parbati-II HE Project (800 MW) in Himachal Pradesh (Positive)
*Gail:* Company to Get Pipeline Tariff Boost, Margins to Rise by Rupees 3,400 Cr – ET. (Positive)
*Cineline India:* Company announced monetization Of Hotel Asset for Rs 270 Crores. (Positive)
*Railtel:* Company received a work order of Rs 1625 crore. (Positive)
*Hindustan Aeronautics:* Company signs contracts worth ₹62,700 crore with Defence Ministry for supply 156 light combat helicopters (Positive)
*Excel Industries:* Company announced capacity addition for its existing biocides product (Positive)
*Power Mech Projects:* Company announced the receipt of a ₹425 crore order from Mirzapur Thermal Energy (UP) Private Limited. (Positive)
*DMart:* Avenue Supermarts Ltd opened 6 new stores today at Surat, Nuzividu, Ludhiana, Borsad, Jaipur & Deesa. (Positive)
*HBL Power:* Company received two Letters of Acceptance totaling ₹499.68 Cr for Kavach systems in Viramgam-Rajkot-Okha & Dholpur-Bina sections. (Positive)
*Ramco Cements:* Company announced an increase in cement grinding capacity at its Kalavatala Plant in Andhra Pradesh. (Positive)
*Astec LifeSciences:* Company appoints Burjis Godrej as Managing Director of the comoany for 5 years w.e.f. April 1, 2025 (Positive)
*JSW Steel:* Company declared successful bidder for the Dugda Coal Washery in Jharkhand, securing a 25-year deal to operate the facility (Positive)
*PG Electroplast:* Company expects 30-35% growth in next financial year. (Positive)
*Zaggle:* Company has entered into a domestic agreement with Wonder Home Finance Limited (Positive)
*Electronic goods stocks:* Cabinet approves ₹22,919 crore electronics PLI scheme (Positive)
*GMR Airports:* Flying into & out of Delhi airport to get costlier from April 16, User Development Fee (UDF) hiked (Positive)
*Mangalam Worldwide:* Company has installed a 1200 KWp rooftop solar power plant in Kapadwanj, Gujarat, for captive consumption. (Positive)
*Yatharth Hospital:* Company has acquired a super specialty hospital in Delhi (Positive)
*IREDA:* Company secured a 26 billion Yen loan from SBI Tokyo, with a 10 billion Yen greenshoe option. (Positive)
*Adani Green Energy:* Company's subsidiary starts 37.5 MW solar power project in Gujarat’s Khavda (Positive)
*DCM Shriram:* Commissioned a 12TPD Compressed Biogas plant at Ajbapur Unit (Positive)
*Ashima:* Company has sold land in Ahmedabad for ₹48.00 Cr. (Positive)
*Bharat Electronics:* Company gets additional orders worth ₹1,385 crore since March (Positive)
*Suryoday SFB:* Company completed the sale of a stressed loan portfolio (Rs 80.59 Cr as of Feb 28, 2025) to Asset Reconstruction Company for Rs 31.43 Cr. (Positive)
*Power Grid:* Board approves investment of ₹673.08 crore for procurement of 6 397 MVA converter transformer for Talcher-Kolar HVDC Link. (Positive)
*Shree Cement:* Company increases production capacity of Nawalgarh, Rajasthan-based integrated cement plant to 4.50 MTPA from 3.80 MTPA. (Positive)
*Varun Beverages:* Company has entered into share purchase agreements with Ghana Bottling Company Ltd and Tanzania Bottling Company SA (Positive)
*Vodafone Idea:* Government to convert dues into equity, to get shares worth Rs 36,950 cr at an issue price of Rs 10/sh. (Positive)
*DCM Shriram:* Company commissions 2nd 300 TPD flexi-fuel flaker plant at Jhagadia, Bharuch, Gujarat (Positive)
*Waaree Energies:* Inaugurates 5.4 GW solar cell gigafactory facility in Chikhli, Gujarat (Positive)
*Newgen Software:* Company signs 3year agreement with a customer for an order worth $1.58 m (Positive)
*Walchandnagar:* Company received a contract from Vikram Sarabhai Space Centre (VSSC) for ₹30.75 Cr. (Positive)
*SRF Ltd:* Company announced the commissioning & capitalization of its Belting Fabric Operations project. (Positive)
*NCC:* Company gets total orders worth ₹5,773 crore in March 2025 (Positive)
*RITES:* Company gets LoA for a proj worth Rs 155 cr from Numaligarh Refinery (Positive)
*Power/ Consumer Durable Stocks:* IMD said that most part of India to see above average temperature in April (Positive)
*BSE:* Company to issue two bonus shares for every one held by shareholders (Positive)
*Niraj Cement Structurals:* Company announced receiving a work order from the NHAI for construction projects in Odisha. The order, on an EPC mode, is valued at Rs 115.01 Cr. (Positive)
*Brigade:* Company signs JDA for Rs 300 crore luxury residential project in Mysuru (Positive)
*Blue Star:* Company appoints Mohit Sud as Group President, Unitary Cooling Products w.e.f. March 31 (Positive)
*Sarda Energy:* Company announced that its wholly-owned subsidiary, Sarda Metals & Alloys Ltd., has completed its new project for manufacturing Mineral Fibre and commenced production (Positive)
*Taparia Tools:* Company received an order from the Income Tax Department allows an appeal and provides complete relief from an earlier order, which had a demand of ₹54.50 Cr. (Positive)
*Sathlokar Synergies:* Company has received new orders of Rs 85.12 crore (Positive)
*LTI Mindtree:* Company announces strategic partnership with Google Cloud to drive business transformation with Agentic AI (Positive)
*Engineers India:* Company has been awarded prestigious consultancy assignments for the state of Maharashtra & West Bengal amounting to approx. Rs. 245 crores. (Positive)
*India Glycols:* Company announced the successful addition of 200 KLPD capacity for Grain Based Distillery & Bio-Fuel Ethanol at Gorakhpur (Positive)
*HBL Engineering:* Company gets 5 letter of acceptance worth ₹762.56 crore for provision of the Kavach (Positive)
*Vadilal Ind:* Promoters of ice-cream maker Vadilal Industries settle spat; to rejig firm's management. (Positive)
*Kalpataru Projects:* Company has secured new orders / notification of award of approximately ₹ 621 Crores. (Positive)
*Aditya Birla Real Estate:* Company has executed a business transfer agreement to sell its Pulp & Paper division to ITC Ltd. for ₹3498 Cr. (Positive)
*Suzlon:* The renewable energy major's order book as of January 28, 2025, stood at 5,523 MW, which has now increased to 5,622 MW due to new order intakes and other adjustments. (Positive)
*Hero Motocorp:* March EV Sales – 6539 Units and market share at 5.6% versus 2677 Units and market share at 3.5% MoM (Positive)
*Tejas Networks:* Company received an amount of Rs.189.2 Crore from the Ministry of Communications under the PLI scheme (Positive)
*KPI Green Energy:* Company announced charging approval for 41.83 MW hybrid power projects under the CPP segment. (Positive)
*Muthoot/ Manappuram/ CSB Bank/ Federal Bank:* Gold prices hit all-time high amid US tariff concerns (Positive)
*Infosys:* Collaborates with Linux Foundation to Enhance Responsible AI (Positive)
*Bajaj Electricals:* Company appoints Sanjay Sachdeva as Managing Director & Chief Executive Officer of the company for 3 years w.e.f. April 15, 2025. (Neutral)
*Samvardhana Motherson:* Company announced a penalty order from the Income Tax Dept. for FY2019-20, amounting to Rs 6.12 Cr. (Neutral)
*HCLTech:* Company Launched US Subsidiary to Enhance Public Sector Solutions (Neutral)
*Astec Lifesciences:* Company announced the appointment of Mr. Burjis Godrej as Managing Director for 5 years, starting April 1, 2025. (Neutral)
*NIACL:* Company received an order from the National Faceless Assessment Centre, Income Tax Dept., imposing a penalty of Rs 2.02 Cr under section 270A of the Income Tax Act, 1961 for AY 2019-20. (Neutral)
*Sagar Cements:* Company board approved a 4.30 MW Waste Heat Recovery Power System at its Gudipadu plant in Andhra Pradesh. (Neutral)
*Quint Digital:* Company announced the effectiveness of a Scheme of Arrangement between Quintillion Media Limited and Quint Digital Limited. (Neutral)
*State Bank of India:* Fitch Ratings has affirmed State Bank of India's (SBI) Long-Term Issuer Default Rating at 'BBB-' with a stable outlook. (Neutral)
*Power/ Consumer Durable Stocks:* IMD said that most part of India to see above average temperature in April (Positive)
*BSE:* Company to issue two bonus shares for every one held by shareholders (Positive)
*Niraj Cement Structurals:* Company announced receiving a work order from the NHAI for construction projects in Odisha. The order, on an EPC mode, is valued at Rs 115.01 Cr. (Positive)
*Brigade:* Company signs JDA for Rs 300 crore luxury residential project in Mysuru (Positive)
*Blue Star:* Company appoints Mohit Sud as Group President, Unitary Cooling Products w.e.f. March 31 (Positive)
*Sarda Energy:* Company announced that its wholly-owned subsidiary, Sarda Metals & Alloys Ltd., has completed its new project for manufacturing Mineral Fibre and commenced production (Positive)
*Taparia Tools:* Company received an order from the Income Tax Department allows an appeal and provides complete relief from an earlier order, which had a demand of ₹54.50 Cr. (Positive)
*Sathlokar Synergies:* Company has received new orders of Rs 85.12 crore (Positive)
*LTI Mindtree:* Company announces strategic partnership with Google Cloud to drive business transformation with Agentic AI (Positive)
*Engineers India:* Company has been awarded prestigious consultancy assignments for the state of Maharashtra & West Bengal amounting to approx. Rs. 245 crores. (Positive)
*India Glycols:* Company announced the successful addition of 200 KLPD capacity for Grain Based Distillery & Bio-Fuel Ethanol at Gorakhpur (Positive)
*HBL Engineering:* Company gets 5 letter of acceptance worth ₹762.56 crore for provision of the Kavach (Positive)
*Vadilal Ind:* Promoters of ice-cream maker Vadilal Industries settle spat; to rejig firm's management. (Positive)
*Kalpataru Projects:* Company has secured new orders / notification of award of approximately ₹ 621 Crores. (Positive)
*Aditya Birla Real Estate:* Company has executed a business transfer agreement to sell its Pulp & Paper division to ITC Ltd. for ₹3498 Cr. (Positive)
*Suzlon:* The renewable energy major's order book as of January 28, 2025, stood at 5,523 MW, which has now increased to 5,622 MW due to new order intakes and other adjustments. (Positive)
*Hero Motocorp:* March EV Sales – 6539 Units and market share at 5.6% versus 2677 Units and market share at 3.5% MoM (Positive)
*Tejas Networks:* Company received an amount of Rs.189.2 Crore from the Ministry of Communications under the PLI scheme (Positive)
*KPI Green Energy:* Company announced charging approval for 41.83 MW hybrid power projects under the CPP segment. (Positive)
*Muthoot/ Manappuram/ CSB Bank/ Federal Bank:* Gold prices hit all-time high amid US tariff concerns (Positive)
*Infosys:* Collaborates with Linux Foundation to Enhance Responsible AI (Positive)
*Bajaj Electricals:* Company appoints Sanjay Sachdeva as Managing Director & Chief Executive Officer of the company for 3 years w.e.f. April 15, 2025. (Neutral)
*Samvardhana Motherson:* Company announced a penalty order from the Income Tax Dept. for FY2019-20, amounting to Rs 6.12 Cr. (Neutral)
*HCLTech:* Company Launched US Subsidiary to Enhance Public Sector Solutions (Neutral)
*Astec Lifesciences:* Company announced the appointment of Mr. Burjis Godrej as Managing Director for 5 years, starting April 1, 2025. (Neutral)
*NIACL:* Company received an order from the National Faceless Assessment Centre, Income Tax Dept., imposing a penalty of Rs 2.02 Cr under section 270A of the Income Tax Act, 1961 for AY 2019-20. (Neutral)
*Sagar Cements:* Company board approved a 4.30 MW Waste Heat Recovery Power System at its Gudipadu plant in Andhra Pradesh. (Neutral)
*Quint Digital:* Company announced the effectiveness of a Scheme of Arrangement between Quintillion Media Limited and Quint Digital Limited. (Neutral)
*State Bank of India:* Fitch Ratings has affirmed State Bank of India's (SBI) Long-Term Issuer Default Rating at 'BBB-' with a stable outlook. (Neutral)
*Sobha Ltd:* Company received an assessment order from the Income Tax Dept for AY2015-16. A demand notice of Rs 1.88 Cr. (Neutral)
*Federal Bank:* Bank executes a binding MoU with Ageas Insurance International NV (Ageas) for acquisition of 4% equity stake by bank in Ageas Federal Life Insurance Company from Ageas. (Neutral)
*Redtape Ltd:* Company announced the resignation of Mr. Suresh Prabhakar, Vice-President - Marketing & Sales, effective March 31, 2025. (Neutral)
*Halder Venture:* Company acquired a manufacturing unit in Haldia, West Bengal on March 28, 2025. (Neutral)
*Avantel Ltd:* CARE Ratings has reaffirmed the credit ratings for Long Term Bank Facilities: Rs 12 crore, reaffirmed at CARE A-; Stable. (Neutral)
*PTC India Financial:* Company announced the appointment of Dilip Srivastava as Director (Finance) & CFO for 5 years, effective March 28, 2025. (Neutral)
*Ashiana Housing:* Company announced an interim dividend of ₹1 per equity share (Neutral)
*RBM Infracon:* Company announced the resignation of Mr. Ravi Pratap Singh from his position as Non-Executive Director. (Neutral)
*IREDA:* Sanctions at Rs 16366 cr, down 31.2% YoY and up 23.7% QoQ (Neutral)
*Samvardhana Motherson:* Company seeks to ease investor fears, says Trump tariffs unlikely to dent growth (Neutral)
*Godrej Properties:* Company announced the cancellation of an agreement dated March 31, 2010, related to developing land in Pune. Company said that no financial impact would be there (Neutral)
*Vedanta:* Company extends demerger deadline to September 30 as key approvals pending. (Neutral)
*Prestige Estates:* Company to invest ₹1,625 crore in hospitality subsidiary through rights issue. (Neutral)
*Ola Electric:* Company gets third notice from Road Transport Ministry over sales mismatch. March EV Sales – 22,685 Units and market share at 19.4% versus 8647 Units and market share at 11.1% MoM (Neutral)
*GE Power:* Company has completed the sale and transfer of its Hydro Business to GE Vernova Hydro Power India Private Limited as of March 31, 2025. (Neutral)
*Somany Ceramics:* Company Completes Disinvestment Of 51% Stake in ATPL for Rs 92.8 million (Neutral)
*ACC/ Ambuja Cement:* Ajay Kapur elevated as MD of Ambuja Cements and Vinod Bahety elevated as CEO of Ambuja Cements and ACC Limited (Neutral)
*Mankind Pharma:* Company gets NCLT approval for merger of BSV Pharma with Bharat Serums and Vaccines. (Neutral)
*ITD Cementation:* Re-appoints Jayanta Basu as Managing Director of the Co w.e.f. April 1. (Neutral)
*Manappuram:* Company Board approved a fund-raising program for FY26, including issuing Redeemable Non-Convertible Debentures up to Rs 5500 Cr via private placement or public issue (Neutral)
*Indices Update:* NSE increases lot size for Bank Nifty from 30 to 35 and Nifty Midcap Select derivative contracts to 140 from 120, effective from 25th April 2025 (Neutral)
*SJVN:* Company received cautionary letters from NSE & BSE related to a delay in informing the stock exchanges about an analysts/institutional investors meet (Neutral)
*Indian Terrain Fashions:* Company has approved the allotment of 49,48,537 warrants, each convertible into one equity share at Rs. 50.52. (Neutral)
*Quick Heal Technologies:* Company announced the resignation of Mr. Shailesh Lakhani as Director, effective March 31, 2025. (Neutral)
*Greenply Industries:* Company announced the resignation of Mr. Nitinkumar Dagdulal Kalani, CFO and KMP (Neutral)
*Lincoln Pharma:* Company received cautionary letters from NSE & BSE related to a delay in informing the stock exchanges about an analysts/institutional investors meet (Neutral)
*Greaves:* Company announced the resignation of Mr. Ramachandra Puttanna, Business Head EV Solutions & New Business, and effective March 31, 2025. (Neutral)
*TTK Prestige:* Company received cautionary letters from NSE & BSE related to a delay in informing the stock exchanges about an analysts/institutional investors meet (Neutral)
*Federal Bank:* Bank executes a binding MoU with Ageas Insurance International NV (Ageas) for acquisition of 4% equity stake by bank in Ageas Federal Life Insurance Company from Ageas. (Neutral)
*Redtape Ltd:* Company announced the resignation of Mr. Suresh Prabhakar, Vice-President - Marketing & Sales, effective March 31, 2025. (Neutral)
*Halder Venture:* Company acquired a manufacturing unit in Haldia, West Bengal on March 28, 2025. (Neutral)
*Avantel Ltd:* CARE Ratings has reaffirmed the credit ratings for Long Term Bank Facilities: Rs 12 crore, reaffirmed at CARE A-; Stable. (Neutral)
*PTC India Financial:* Company announced the appointment of Dilip Srivastava as Director (Finance) & CFO for 5 years, effective March 28, 2025. (Neutral)
*Ashiana Housing:* Company announced an interim dividend of ₹1 per equity share (Neutral)
*RBM Infracon:* Company announced the resignation of Mr. Ravi Pratap Singh from his position as Non-Executive Director. (Neutral)
*IREDA:* Sanctions at Rs 16366 cr, down 31.2% YoY and up 23.7% QoQ (Neutral)
*Samvardhana Motherson:* Company seeks to ease investor fears, says Trump tariffs unlikely to dent growth (Neutral)
*Godrej Properties:* Company announced the cancellation of an agreement dated March 31, 2010, related to developing land in Pune. Company said that no financial impact would be there (Neutral)
*Vedanta:* Company extends demerger deadline to September 30 as key approvals pending. (Neutral)
*Prestige Estates:* Company to invest ₹1,625 crore in hospitality subsidiary through rights issue. (Neutral)
*Ola Electric:* Company gets third notice from Road Transport Ministry over sales mismatch. March EV Sales – 22,685 Units and market share at 19.4% versus 8647 Units and market share at 11.1% MoM (Neutral)
*GE Power:* Company has completed the sale and transfer of its Hydro Business to GE Vernova Hydro Power India Private Limited as of March 31, 2025. (Neutral)
*Somany Ceramics:* Company Completes Disinvestment Of 51% Stake in ATPL for Rs 92.8 million (Neutral)
*ACC/ Ambuja Cement:* Ajay Kapur elevated as MD of Ambuja Cements and Vinod Bahety elevated as CEO of Ambuja Cements and ACC Limited (Neutral)
*Mankind Pharma:* Company gets NCLT approval for merger of BSV Pharma with Bharat Serums and Vaccines. (Neutral)
*ITD Cementation:* Re-appoints Jayanta Basu as Managing Director of the Co w.e.f. April 1. (Neutral)
*Manappuram:* Company Board approved a fund-raising program for FY26, including issuing Redeemable Non-Convertible Debentures up to Rs 5500 Cr via private placement or public issue (Neutral)
*Indices Update:* NSE increases lot size for Bank Nifty from 30 to 35 and Nifty Midcap Select derivative contracts to 140 from 120, effective from 25th April 2025 (Neutral)
*SJVN:* Company received cautionary letters from NSE & BSE related to a delay in informing the stock exchanges about an analysts/institutional investors meet (Neutral)
*Indian Terrain Fashions:* Company has approved the allotment of 49,48,537 warrants, each convertible into one equity share at Rs. 50.52. (Neutral)
*Quick Heal Technologies:* Company announced the resignation of Mr. Shailesh Lakhani as Director, effective March 31, 2025. (Neutral)
*Greenply Industries:* Company announced the resignation of Mr. Nitinkumar Dagdulal Kalani, CFO and KMP (Neutral)
*Lincoln Pharma:* Company received cautionary letters from NSE & BSE related to a delay in informing the stock exchanges about an analysts/institutional investors meet (Neutral)
*Greaves:* Company announced the resignation of Mr. Ramachandra Puttanna, Business Head EV Solutions & New Business, and effective March 31, 2025. (Neutral)
*TTK Prestige:* Company received cautionary letters from NSE & BSE related to a delay in informing the stock exchanges about an analysts/institutional investors meet (Neutral)
*Tata Motors:* JLR has entered into a share purchase agreement with Tata Autocomp Systems Ltd (TACO) for the sale of its 80% stake in Jaguar Land Rover Ventures Ltd (Neutral)
*Modern Insulators:* Company announced the resignation of its Chief Financial Officer, Shri D.S. Singhvi, effective March 31, 2025 (Neutral)
*Senco Gold:* Company received a cautionary email on March 28, 2025, from the NSE and a letter from BSE regarding a delay in submitting the intimation for an analysts/investors meet (Neutral)
*Mankind Pharma:* Company completes amalgamation of three subsidiaries. (Neutral)
*SPARC:* Company submits Investigational New Drug (IND) application for SBO-154 to the US FDA (Neutral)
*C & C Constructions:* Company announced the resignation of Mr. Puneet Sharma, Whole Time Director, and effective March 29, 2025 (Neutral)
*Infosys:* Company transforms HR for LKQ Europe with cloud-powered digital platform (Neutral)
*Wipro:* Attune Netherlands B.V has transferred its entire shareholding to Rizing LLC (Neutral)
*Captain Technocast:* Company announced the appointment of CS Brinda Paras Mehta as Company Secretary and Compliance Officer, effective April 1, 2025 (Neutral)
*Uno Minda:* Company announces leadership changes, ESOP approval, and ₹6.25 crore solar energy investment (Neutral)
*United Spirits:* Company sells Malabar Hill property for ₹172 crore (Neutral)
*Bajaj Auto:* March EV Sales - 30,133 Units and market share at 25.8% versus 21,335 Units and market share at 28.0% MoM (Neutral)
*TVS Motors:* March EV Sales – 26,481 Units and market share at 22.6% versus 18,746 Units and market share at 24.0% MoM (Neutral)
*Jain Irrigation:* CRISIL reaffirms credit ratings. Long-term rating is BBB-/Stable (Neutral)
*Yatharth:* Company announced the resignation of Mr. Deepak Kumar Tyagi, President - Strategy and Finance (Neutral)
*KNR Constructions:* Company received a penalty order of Rs 18.22 Cr from the Joint Commissioner of Income Tax for AY 2007-08 due to inaccurate income particulars. (Neutral)
*ICICI Prudential:* Company gets income tax order of ₹328 crore for Assessment Year 2023-24.
*GTL:* Company receives Rs 59.38 crore tax demand notice for AY 2017-18
*Refex Industries:* Company received orders dated Mar 27, 2025, from the Additional Commissioner, CGST & Central Excise, Bhopal, for FY19-21. A total demand of Rs 29.31 cr
*Nagarjuna Fertilizers:* Company announced that Amlika Mercantile Private Limited (AMPL), a promoter, sold 14,00,000 shares on March 27
*IndiGo:* Company gets penalty order of Rs 944 cr from the Income Tax Department for Assessment Year 2021-2022.
*Syngene:* Company received an order with increasing the tax demand to Rs 165.40 cr
*Gateway Distriparks:* Company received a demand order from the Customs Department with a total demand for Rs 69.02 crore
*Jyoti Ltd:* Company received an assessment order from the Income Tax Department for A.Y. 2020-21, resulting in an Income Tax demand (including interest) of ₹108.17 crores
*Blue Jet Healthcare:* Company received assessment orders & demand notices from the Income Tax Dept. for AY20-21, AY21-22, AY22-23 & AY23-24. The demand notice, totaling ₹193 crore
*Modern Insulators:* Company announced the resignation of its Chief Financial Officer, Shri D.S. Singhvi, effective March 31, 2025 (Neutral)
*Senco Gold:* Company received a cautionary email on March 28, 2025, from the NSE and a letter from BSE regarding a delay in submitting the intimation for an analysts/investors meet (Neutral)
*Mankind Pharma:* Company completes amalgamation of three subsidiaries. (Neutral)
*SPARC:* Company submits Investigational New Drug (IND) application for SBO-154 to the US FDA (Neutral)
*C & C Constructions:* Company announced the resignation of Mr. Puneet Sharma, Whole Time Director, and effective March 29, 2025 (Neutral)
*Infosys:* Company transforms HR for LKQ Europe with cloud-powered digital platform (Neutral)
*Wipro:* Attune Netherlands B.V has transferred its entire shareholding to Rizing LLC (Neutral)
*Captain Technocast:* Company announced the appointment of CS Brinda Paras Mehta as Company Secretary and Compliance Officer, effective April 1, 2025 (Neutral)
*Uno Minda:* Company announces leadership changes, ESOP approval, and ₹6.25 crore solar energy investment (Neutral)
*United Spirits:* Company sells Malabar Hill property for ₹172 crore (Neutral)
*Bajaj Auto:* March EV Sales - 30,133 Units and market share at 25.8% versus 21,335 Units and market share at 28.0% MoM (Neutral)
*TVS Motors:* March EV Sales – 26,481 Units and market share at 22.6% versus 18,746 Units and market share at 24.0% MoM (Neutral)
*Jain Irrigation:* CRISIL reaffirms credit ratings. Long-term rating is BBB-/Stable (Neutral)
*Yatharth:* Company announced the resignation of Mr. Deepak Kumar Tyagi, President - Strategy and Finance (Neutral)
*KNR Constructions:* Company received a penalty order of Rs 18.22 Cr from the Joint Commissioner of Income Tax for AY 2007-08 due to inaccurate income particulars. (Neutral)
*ICICI Prudential:* Company gets income tax order of ₹328 crore for Assessment Year 2023-24.
*GTL:* Company receives Rs 59.38 crore tax demand notice for AY 2017-18
*Refex Industries:* Company received orders dated Mar 27, 2025, from the Additional Commissioner, CGST & Central Excise, Bhopal, for FY19-21. A total demand of Rs 29.31 cr
*Nagarjuna Fertilizers:* Company announced that Amlika Mercantile Private Limited (AMPL), a promoter, sold 14,00,000 shares on March 27
*IndiGo:* Company gets penalty order of Rs 944 cr from the Income Tax Department for Assessment Year 2021-2022.
*Syngene:* Company received an order with increasing the tax demand to Rs 165.40 cr
*Gateway Distriparks:* Company received a demand order from the Customs Department with a total demand for Rs 69.02 crore
*Jyoti Ltd:* Company received an assessment order from the Income Tax Department for A.Y. 2020-21, resulting in an Income Tax demand (including interest) of ₹108.17 crores
*Blue Jet Healthcare:* Company received assessment orders & demand notices from the Income Tax Dept. for AY20-21, AY21-22, AY22-23 & AY23-24. The demand notice, totaling ₹193 crore