Auto Sector

CaratLane was charged by the ED with breaking the Foreign Exchange Management Act (FEMA).

Tata Consultancy Services' (TCS) market value plummeted by Rs 29,894.45 crore to Rs 12,32,240.44 crore.

The proposed initial public offering includes a fresh issuance of shares valued at Rs 300 crore by the company.

To address NOx abatement in thermal power plants, BHEL established a facility within its SBD unit to manufacture SCR catalysts.

Zaggle had previously filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its IPO last year.

The order signifies BEML's involvement in serving defence sector needs

The company has submitted an InvIT proposal to SEBI, as reported by India Retailing

The book-built issue has been priced in the range of Rs 102-108 per share.

The company is using AI and analytics through ‘AmaZing’, Smile Stores and e-b2b portal ‘Dentist First’ to drive growth. With Ebitda margin exceeding 30%, analysts of IIFL Capital Services believe that the focus to be more on the top-line growth to drive profits.

Analysts of IIFL Capital Services see FY24 distribution to be flat YoY, with rental income increases being offset by higher interest outflow.