SBI raises ₹6,051 crore via Basel III Tier 2 bonds at 7.05% coupon
Shares of State Bank of India ended at ₹1,063.20, down by ₹3.50, or 0.33%, on the BSE.
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JK Cement subsidiary receives legal notice in J&K over packaging violations
The company added that there is no material financial impact from the development at this stage. It has sought an extension from the department to respond to the notice.
Hexaware launches AI platform with 600+ ready-to-use tools to automate business tasks
New platform aims to help firms move from AI pilots to scaled deployment across business and IT operations.
Mafatlal wins ₹114 crore order to set up 500 robotics labs in Odisha schools
Mafatlal Industries Ltd wins ₹114 crore order to establish 500 robotic labs in Odisha schools. Shares of Mafatlal Industries Ltd ended marginally higher on Tuesday, March 17, by 0.88% at ₹115.15 on the BSE.
CESC awards 600 MW wind-solar hybrid projects to four firms, 300 MW to subsidiary Purvah
Shares of CESC Ltd ended at ₹156.20, down by ₹0.65, or 0.41%, on the BSE.
Strides Pharma to acquire, in-license Sandoz generic brands in Africa for $12 million upfront
The upfront consideration for the transaction is $12 million, payable at closing. In addition, Strides will make royalty payments to Sandoz based on a percentage of net sales of distribution products. Shares of Strides Pharma Science Ltd ended at ₹876.55,…
India VIX cools 13% in two days; still well above pre–West Asia war levels
Market volatility eased as equities extended gains for a second session, with India VIX falling sharply, though it remains elevated amid lingering uncertainty linked to global geopolitical developments.
Tata Steel merges Neelachal Ispat Nigam, plans $2-bn investment in Singapore arm
The board sanctioned the merger of Neelachal Ispat Nigam Ltd, with net assets of ₹2,365.81 crore and revenue of ₹5,701.06 crore in FY25. Shares of Tata Steel Ltd ended at ₹195.40, up by ₹8.25, or 4.41%, on the BSE today,…
SBI MF buys 4% in Urban Company via bulk deals; Wellington, others pare stake
SBI Mutual Fund acquired a 4% stake in Urban Company for ₹632 crore through bulk deals, while existing investors including Wellington and DF International Partners pared holdings in the company.
Kirloskar Ferrous partially halts Solapur plant operations amid LPG disruption
The management is actively monitoring the supply chain crisis and exploring alternative sources of LPG or other resources to minimise operational impact. Shares of Kirloskar Ferrous Industries Ltd ended at ₹363, down by ₹1.70, or 0.47%, on the BSE today,…