Waaree Energies announces CEO exit, new leadership appointments
Waaree Energies announced leadership changes: CEO Amit Paithankar resigned, replaced by Jignesh Rathod. CFO Sonal Shrivastava stepped down, succeeded by Abhishek Pareek.
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DCX Systems wins ₹563-cr order for airborne maritime patrol radar systems
The order involves the manufacture and supply of custom-made antennas and power supplies for airborne applications. Shares of DCX Systems Ltd ended at ₹163.30, down by ₹0.95, or 0.58%, on the BSE today, March 20.
Union Bank of India raises ₹3,000 crore via long-term bonds; subscribed 3.12x
This fundraising is intended to finance infrastructure projects and affordable housing. Shares of Union Bank of India Ltd ended at ₹177.65, up by ₹5.60, or 3.25%, on the BSE.
Sona BLW Precision approves ₹62-cr capex for gear capacity expansion
The company plans to add 4.1 million gears to its existing capacity of 64.1 million, with the expansion expected to be completed by FY2027-28. The capex will be funded through internal accruals and/or debt. Shares of Sona BLW Precision Forgings…
Dow Jones, S&P 500, Nasdaq fall amid Iran escalation, heads for fourth weekly loss
US stocks opened lower Friday: Dow Jones fell 279 points, S&P 500 down 1%, Nasdaq dropped 1.3%. Tensions with Iran, volatile oil prices, and Trump’s NATO criticism added to uncertainty.
FIIs selling deepens in March amid West Asia war
Foreign investors sold ₹5,518.39 crore in Indian equities on March 20, while domestic investors bought ₹5,706.23 crore. Sensex rose 326 points, Nifty50 gained 112 points.
Coal India’s arm CMPDIL’s IPO subscribed 7% on day 1
The IPO of Central Mine Planning and Design Institute Ltd, a Coal India subsidiary, was subscribed 7% on day one. The ₹1,842-crore IPO ends on March 24, with a price band of ₹163-172 per share.
IFGL Refractories halts LPG operations at Kandla plant amid supply disruption
IFGL Refractories Ltd has temporarily halted operations requiring liquified petroleum gas (LPG) at its Kandla manufacturing facility in Gujarat due to disruption in LPG supply amid the ongoing conflict in the Gulf region.
Oberoi Realty granted May 7 extension for ₹919-crore Hotel Horizon payment
The extension comes after the erstwhile promoters unlawfully withheld possession of Hotel Horizon Private’s assets, including immovable properties in Juhu, Mumbai, setting a new payment deadline of May 7, 2026. Shares of Oberoi Realty Ltd ended at ₹1,446.85, up by…
FIIs turn sellers in March as West Asia tensions trigger $8.3 bn outflows
Foreign investors withdrew $8.3 bn from Indian equities in March due to West Asia tensions, reversing February’s $1.7 bn inflows triggered by the India-US trade deal.