News Overview

As part of the project, the engineering major will build a new zinc purification and cellhouse facility at Hindustan Zinc’s Debari complex near Udaipur.

The public issue comprises a fresh issuance of 43.20 lakh equity shares. It consists of  an Offer for Sale (OFS) of 10.5 lakh shares by existing shareholders.

Domestic CV sales came in at 26,432 units, while overseas CV volumes rose sharply to 2,524 units. This is reflecting a 57% growth in international demand.

Revenue from continuing operations came in at ₹14,167 crore, down from ₹15,052 crore a year earlier.

The communication further instructed companies to implement a “Most Favoured Nation” (MFN) pricing model within 60 days, a strategy that mandates firms to offer their lowest global rates to American consumers.

Under the agreement, Suzlon will supply and install 127 units of its S144 wind turbines, each with a rated capacity of 3 MW

In addition to softer raw material costs, intensified competition in the FMCG space has played a role in prompting this pricing adjustment.

Continuing with the virtual format adopted in recent years, the meeting will take place via Video Conferencing (VC) and Other Audio Visual Means (OAVM).

TCS hits 52-week low in Sensex and Nifty

The company also informed that its diluted earnings per share (EPS) slipped by 20.10% on a yearly basis to ₹10.60.