News Overview

Last week, Bajel Projects also secured a major transmission order from PowerGrid Corporation of India Limited (PGCIL).

On successful completion of this acquisition, Sundaram Finance’s stake in IMPAL will increase from existing 20% to 24.99%.

Tabular alumina is a premium-grade alumina used in critical applications through refractories, ceramics, and advanced manufacturing.

Its IPO of upto INR 5,400.00 million comprises of both a fresh issue and offer for sale from its existing shareholders/promoters.

This latest contract covers multiple scopes structural construction, interior finishing, and full-scale MEPF (mechanical, electrical, plumbing, and firefighting) work for Sector 07 of the project.

The IPO mostly consists of an offer for sale by its promoter entity – HDFC Bank. In addition, it also includes a fresh equity of equity shares.

The IPO space saw a positive flow, which further indicated the robust demand for new issuances, with the primary markets receiving INR 9.52 billion.

On top line, bottom line and on margins; Indian private companies put up a strong show in Q4-FY25

Jerome Powell, in his testimony to Congress, has clarified that Fed has no plans to change its stance

Here are some of the stocks that may see significant price movement today: Tata Motors, Sundaram Finance, PTC Industries, etc.