News Overview

The company is working on comparable initiatives in a variety of industries, including cement, textile, automotive, and pharmaceuticals.

The NFO is available for subscription from July 09 to July 23. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment.

Furthermore, Nestle India's shareholders authorised the continuation of a 4.5% royalty payment to its Swiss parent, Nestle.

This is expected to lead global fleet owners to consider India as an alternative production destination for future vessels.

The transaction involved 1.4 Crore shares of the railway PSU worth ₹827 Crore, according to exchange statistics.

The RBI gave preliminary approval to Yes Bank and its key shareholders, allowing a 51% stake sale, which is unusual as RBI typically limits promoter holding in domestic banks to 26%.

Rail usage increased by more than 600%, with dispatches rising from 65,700 units (FY 2014-15) to 447,750 units (FY 2023-24).

the reasons for SEBI's decision to keep SK Finance's IPO proposal in abeyance remain undisclosed

According to industry estimates, more than 234,000 trucks and buses were sold on the local market in the three months ending June, up 4.5%

The company’s robust growth and narrowed losses highlight its potential as a strong contender in the logistics sector.