With a groundbreaking ceremony for its new facility in Nashik, Maharashtra, General Mills India, a subsidiary of Fortune 500 packaged food company General Mills Inc., marks a significant accomplishment. This celebration honors General Mills' growing presence in India. By August 2024, operations at the facility, which will serve as the hub for producing Pillsbury Baking [...]
According to its Chairman Dheeraj Hinduja, commercial vehicle giant Ashok Leyland intends to introduce its entire product line with alternative fuel options over the next three to five years to cater to various customer groups. The second-largest producer of commercial vehicles in the nation, the Hinduja group flagship, also has expansion plans for the international [...]
Young Liu, Chairman and CEO of Hon Hai Technology Group (Foxconn), recently added his voice to a growing chorus of voices around the world endorsing the nation's bold moves to position itself as an electronics and high-tech production powerhouse. He stated that India will be a significant country in terms of manufacturing in the future. [...]
SEBI on Thursday disposed of adjudication proceedings against state-owned LIC with respect to alleged violations of mutual fund norms. The case pertained to the insurer's shareholding in IDBI Mutual Fund. In a 12-page order, SEBI said the alleged violation on part of LIC is to be viewed in the context of the efforts taken by [...]
This small cap media stock rallied 4% in Friday’s trading session after Viacom18, run by Reliance Industries, acquired media rights for Indian Super League for the next two years. Share price of TV18 broadcast opened at Rs. 48.85 per share and gained more than 4% to reach its intra-day high of Rs. 50.60 apiece. The [...]
With a market valuation of Rs 6,193 crore, the footwear brand's shares climbed 10 percent to Rs 461.90 per share on Friday after CRISIL assigned the rating. At 1:10 p.m., Redtape Ltd shares were trading at Rs 447.10 per share, up Rs 28.05 or 6.68 percent from the previous close price on the Exchange. The [...]
This mid-cap stock jumps up to 17% after entering into an agreement with US government on Friday. The stocks currently trading 10% below the 52-week high. Because of the strong and rising volume, which is higher than usual when compared to the previous day and week, the stock price has held at a high level. [...]
Shares of this stock under the Tata Group universe are trading in green and zoomed around 4 percent post reports covering a large Block Deal pertaining to the shares of the company. Year-to-date, the company’s stock has soared close to 32 percent. With a market capitalization of Rs 87,568.28 crores, the stocks of Tata Power [...]
The shares of the leading manufacturer of electric vehicle gained 3 percent to Rs 44.20 apiece after the company announced 48 percent increase in sales growth in August. At 12:38 p.m.,Wardwizard Innovations & Mobility Ltd shares were trading at Rs 43.82 per share, up 2.17 percent from the previous close price on the Exchange. The [...]
This small cap pharma stock slumped 4% in the first half on Friday after the company announced its involvement in an antitrust lawsuit in the US by Louisiana Health Service & Indemnity Company regarding pomalidomide, also known as pomalyst. Share price of Natco opened at Rs. 914 levels and lost more than 4% in the [...]
