This surge also prompted the UBS SDIC Fund’s management to tighten subscription rules. New subscriptions to class C shares, or the easier method for short-term gains, will be limited today onwards to 100 yuan from 500 yuan earlier.
AVG Logistics has signed an MoU with Baidyanath LNG to deploy LNG-powered fleets and refuelling infrastructure, aiming to cut fuel costs and promote cleaner transportation across key industrial sectors.
NTPC has commissioned the final 13 MW phase of its Solapur Solar PV Project in Maharashtra, taking the entire 23 MW capacity online and lifting the company’s overall installed capacity.
IndusInd Bank under SFIO probe; Motion JVCo offers 26% in Castrol India; major deals by NBCC, J.K. Cement, Supreme Industries, and others. Here are few stocks to watch ahead of Friday’s trading session.
Ola Electric has received approval for ₹366.78 crore under the PLI-Auto scheme for FY25, reinforcing its manufacturing scale, localisation push and technology-led electric vehicle production in India.
Vodafone Idea faces GST penalties over ₹83 crore from Mumbai and Bengaluru tax authorities for licence fees and tax claims, plans legal action to challenge the orders.
KNR Constructions has signed agreements with Indus Infra Trust to sell its entire stake in four road SPVs, with total proceeds expected at ₹1,543 crore, subject to approvals.
Lenskart Solutions Singapore invests KRW 3 billion to acquire 29.24% stake in iiNeer Corp, boosting optical hardware capabilities. Shares of Lenskart Solutions Ltd ended lower on December 24, by 3.62% at ₹448.95 on the NSE.
Vikran Engineering Limited won a ₹459.20 crore contract from NTPC Renewable Energy for a 400 MW solar project in Chitrakoot, boosting its order book and driving a stock rally.
Indian government bonds rallied sharply after the RBI announced ₹2 trillion in bond purchases and a $10 billion forex swap to ease liquidity. Market experts Lakshmi Iyer of Bajaj Alternate Investment Management and Dhawal Dalal of Edelweiss AMC said the…