News Overview

The total transaction value for the purchase amounted to ₹446.61 Crore.

Oil & Gas, Power, Telecom, and Media sectors saw increases of 2-3% in their respective indices. BSE Midcap and Smallcap indices also rose by 2-3%.

On March 6, the RBI prohibited card issuers from entering into arrangements with card networks restricting them from utilizing services of other networks.

The net proceeds generated from the IPO will be utilized by Krystal Integrated Services for working capital requirements, funding capital expenditure, and general corporate purposes. Inga Ventures Pvt Ltd is the book running lead manager for the IPO, while Link Intime India Private Ltd serves as the registrar.

The NPCI, which handles UPI payments, is working with all banks to speed up the TPAP procedure by March 15.

Vedanta Ltd stated in a release that it intends to challenge the Sebi order through the suitable channels.

Adani Green Energy now has a portfolio of renewable energy projects with a combined capacity of 21,778 MWac following the conclusion of these PPAs.

The company announced earlier this month in an exchange filing that its board of directors had decided not to proceed with the plan to offer American Depository Receipts.

Vahan data indicates that TICMPL has sold 124 units of the 55T EV HCV till date since the launch in mid2023. The 185km range and 90-min charging time makes it suitable for point-to-point transportation and given the price and use case, these sales numbers are encouraging.

Major shareholders including State Bank of India (SBI), Life Insurance Corp. Of India (LIC), HDFC Bank Ltd., and ICICI Bank Ltd., who stepped in to save Yes Bank in 2020 when it was on the verge of failure under its former management, may be able to leave the company through the prospective stake sale.