KSB Q4 Results: Net profit jumps 33% on-year; announces ₹4 final dividend

KSB Ltd’s board has recommended a final dividend of ₹4 per share (200% on the face value of ₹2) for the financial year ended December 31, 2024.

KSB Ltd’s board has recommended a final dividend of ₹4 per share (200% on the face value of ₹2) for the financial year ended December 31, 2024.

Transrail hopes to maintain an annual order inflow of ₹5,000-6,000 crore for FY25, including both domestic and international projects. Shares of Transrail Lighting Ltd ended at ₹484.20, down by ₹20, or 3.97%, on the BSE.

The tax demand is for wrong availment and short reversal of input tax credit. Shares of Life Insurance Corporation of India ended at ₹741.10, down by ₹15.45, or 2.04%, on the BSE.

Madhabi Puri Buch assumed office on March 2, 2022, for a three-year term, becoming the first woman to lead SEBI. She succeeded Ajay Tyagi, who served for five years from March 2017 to February 2022. Before him, UK Sinha held…

The initial contract, valued at approximately ₹863.4 crore ($113 million), was awarded on April 29, 2022. Shares of GE Power India Ltd ended at ₹245, down by ₹9, or 3.54%, on the BSE.

Madhabi Puri Buch’s three-year tenure as Chairperson of the Securities and Exchange Board of India (SEBI) is set to end on March 1, 2025. As the first woman to lead the market regulator, she introduced several structural changes aimed at…

The SEBI has set new guidelines to ensure that funds raised through New Fund Offers (NFOs) are deployed within a strict timeline, enhancing transparency and protecting investor interests. Check new guidelines here

Schaeffler India’s revenue from operations climbed 13.9% YoY to ₹2,136 crore, reflecting robust demand across its key segments.

Kavach is an advanced train collision avoidance system (TCAS) designed to enhance railway safety by preventing signal passing at danger, over-speeding, and collisions. Shares of Kernex Microsystems (India) Limited ended at ₹854.70, up by ₹40.65, or 4.99%, on the BSE.

Won, the South Korean currency, is now the best performer in Asia after the Japanese Yen, has gained 2.5% against the US Dollar so far this year, compared to the Indian rupee’s depreciation of 2% against the greenback.