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News Shots  Lux said that there has been no violation and any infractions committed by the company after SEBI’s insider trader order. SRF approved the project to create Pharma Intermediates Plant for undertaking precursor processes for the production of Pharma products at Dahej at a cost of Rs. 190 crore. HG Infra has been declared […]
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News Shots  Axis Bank reported threefold profits. The net profits stood at Rs 3614 cr, higher than the street estimates. Future Retail said that it missed interest payments due on 5.6% Senior Secured Notes (USD). Hero Motocorp  approved an investment of Rs 700 crore in one or more tranches, in Hero FinCorp. IIFL Securities declared […]
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News Shots  Reliance Industries announced their quarterly results and the net profits saw a growth of 42%. Reliance Jio saw a growth of 2.4%. JSW Steel reported higher revenues but the net profits were down by 39%. PTC India called for a third-party audit of allegations related to board appointments at subsidiary PTC India Financial. […]
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News Shots  Ultratech executed a share purchase agreement for acquiring 100% equity shares in National Limestone Company. Aditya Birla Sun Life received approval from the international Financial Services Centres Authority to carry out Portfolio Management Services from GIFT City, Gandhinagar. Accel will buy a 26% stake in Bizcarta Technologies India for up to Rs 5 […]
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News Shots  Power Finance transferred its wholly-owned subsidiaries Karur Transmission and Khavda-Bhuj Transmission to Adani Transmission. IFCI will consider preferential share issue to government on Jan. 25. TVS Motor globally announced the launch of its motorcycle TVS Star HLX 150 Disc Variant in Egypt. Tata Communications reported their Consolidated (QoQ) Revenue at Rs 1,657.7 crore […]
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News Shots  Hero Motocorp will make a strategic investment in Gogoro Inc. raising the oversubscribed private investment in public equity deal from $257 million to $285 million. NTPC  sought bids from developers for 900 MW Cuba Solar PV Park, reported Bloomberg. HCL Technologies launched a dedicated Intel Ecosystem Unit to help build focused, innovative and […]
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News Shots  Tata Power Renewable Energy commissioned two Solar Power projects of 50 MW each at Prayagraj, and Banda in Uttar Pradesh. Tech Mahindra acquired Com Tec Co IT for Rs 2,627.97 crore including earnouts and synergy linked payouts. Indian Energy Exchange executed a Share Purchase Agreement by and between IEX, Indian Oil Corporation and […]
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News Shots  HCL Technologies signed a definitive agreement to acquire Starschema, a Hungarian data engineering services company, for $42.5 million. The acquisition is expected to be completed by March 2022. Hero Motocorp will invest up to Rs 420 crore more in Ather Energy. Hero MotoCorp’s shareholding will increase from the current 34.8% in Ather after […]
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News Shots  Reliance Industries signed an MoU for an investment of Rs 5.95 lakh crore in Green Energy and other projects in Gujarat. Public shareholder Rakesh Jhunjhunwala has increased his stake in Titan Company to 4.02% in the quarter ended December, holding about 3,57,10,395 shares. Tata Motors global wholesales in Q3, including Jaguar Land Rover, […]
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News Shots Infosys posted its consolidated net profit for the third quarter ending December at Rs 5,809 crore from Rs 5,197 crore of last year, an 11.8% rise. Tata Consultancy Services (TCS) reported the consolidated net profit for the quarter ended December at Rs 9,769 crores compared to Rs 8,701 crore in the same quarter […]

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