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Nirma Ltd. will conduct a required open offer to all public shareholders of GLS in accordance with SEBI regulations.
Adani Group verified the formation of the entity, Dharavi Redevelopment Project Pvt Ltd, without going into further detail.
The Government has received about Rs 1556 crore and Rs 88 crore as dividend tranches from Coal India Ltd. and BHEL, respectively.
The board will discuss issuing private non-convertible debentures (NCDs) as part of their routine refinancing
Management of the IPO-bound company chats with Sheetal Agarwal of IIFL to streamline the company’s strengths, performance and road ahead.
The Board of Indian Oil approved an additional investment of Rs 903.52 crore in Hindustan Urvarak and Rasayan Ltd at its meeting on September 15, 2023, according to a stock exchange filing.
Analysts of IIFL Securities cut their EPS estimates by 2% for FY25/FY26 to factor in the slower-than-expected margin recovery, as the company intends to increase its brand investments to 8-10% range in medium term
Analysts of IIFL Securities also highlight runaway growth in Personal loans (27% 4yr Cagr and 36% YoY in FY23) as an area of concern.
This investment will be a collaborative effort involving Oil India and its subsidiary, Numaligarh Refinery Ltd (NRL), which will establish the ethanol plant.
Ban was imposed as these securities exceeded 95% of the market-wide position limit