News Overview

The project requires developing a unified mapping platform that includes layers such as a 3D reality mesh model.

L&T Finance is a renowned NBFC, delivering a range of financial products and services under the L&T Finance name.

The Company’s subsidiary, Dhaksha Unmanned Systems, a drone manufacturer has started doing well. It now has an outstanding order book of Rs3.0bn from its customers in defence, agriculture and enterprise. It boasts of being the only Indian company that offers petrol-engine-based agriculture drones. Drones are expected to be game-changers in accelerating the adoption of water-soluble fertilisers, liquid fertilisers, nano-fertilisers and pesticides.

The minimum public shareholding requirement requires all listed firms to guarantee that non-promoters control at least 25% of their equity shares.

TCS, with a market capitalisation of ₹15 Lakh Crore, is India's second most valuable listed company after Reliance Industries (RIL).

Telangana plant receives seven observations in Form 483 after US FDA inspection from February 19 to 29.

Currently, the promoters hold a 69.45% stake in the company, with the remaining stake owned by public shareholders, including BanyanTree, the largest shareholder. The three promoters - John K Paul, Francis K Paul, and Naveen Philip - each hold a 23.15% stake. Proceeds from the net fresh issue, totaling ₹192 Crore, will be utilized for debt repayment, both for the company and certain subsidiaries. As of December 2023, the consolidated debt on the company's books amounted to ₹637.06 Crore.

Spot gold was slightly altered at $2,160.97 per ounce. At $2,164.40, US gold futures were unchanged.

Currency movements were muted early on Tuesday as traders were reluctant to take on new positions before of the outcomes. The Reserve Bank of Australia (RBA) and the Bank of Japan (BOJ) will be making rate decisions, which will be highlighted over the Asia day.

In India, petrol and diesel pricing is influenced by factors such as freight charges, value-added tax (VAT), and local taxes. These influences lead to varying fuel rates across different states in the country.