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Tata Technologies Set To Make Waves With IPO From November 22

In a significant move that marks a return to the public markets after nearly two decades, Tata Group is gearing up for the launch of its initial public offering (IPO) through Tata Technologies Limited. The IPO, scheduled to hit the primary ...

Novelis Surpasses EBITDA Targets, Boosting Parent Company's Prospects

Novelis, a subsidiary of the Aditya Birla Group's Hindalco, has achieved its guided operating profit or EBITDA per tonne level well ahead of schedule. This development is poised to put shares of Hindalco in the spotlight on Wednesday. Novelis had set ...

Genus Power's Arm Lands ₹3,100 Crore Smart Meter Order, Stock Rises

Genus Power's shares saw a significant boost today, snapping a five-day losing streak, following the company's announcement that its wholly-owned subsidiary secured a lucrative smart meter order worth ₹3,121.42 crore. This order is aimed at advancing metering infrastructure services in India. ...

Delta Corp Subsidiary Hit With Rs 6,384 Cr GST Shortfall Tax Notice

Delta Corp, a leading casino chain in India, has faced yet another financial blow as its subsidiary, Deltatech Gaming, which operates popular gaming apps Adda52 and Addagames, has been slapped with a hefty Goods and Services Tax (GST) shortfall tax notice. ...

Electronics Stock Rallies As Subsidiary Gets Nod To Make Printed Circuit Board Assemblies

Small cap stock DCX Systems Ltd on Monday witnessed a rally of 4.01% soon after its subsidiary Raneal Advanced Systems Private Limited received approval to commence production of Printed Circuit Board Assembly (PCBA) from 25th September 2023 onwards. Current market price ...

Exide Industries Ltd Invests Rs 125 Cr Approx. In Exide Energy Solutions Ltd

Midcap Auto components company Exide Industries Ltd. (EIL) on Wednesday, Sept 20, 2023, informed the exchanges that the company has invested Rs. 124,99,99,980 by way of subscription in its wholly owned subsidiary, Exide Energy Solutions Limited. Exide Energy Solutions Limited (EESL), ...

Bharat Forge's Defence Subsidiary Secures Order Worth EUR 93.87 Million, Shares Hit 52-Week High

Bharat Forge Limited (BFL) has informed the stock exchanges that its wholly-owned Defence subsidiary Kalyani Strategic Systems Limited (KSSL) has bagged two export orders. The two orders worth EURO 93.87 million (~Rs 850 Crores) are bagged from friendly countries for the ...

Small Cap Honda Motor Subsidiary Rectifies Record Date For Rs 16.50/Share Dividend

Board of directors of small cap electric company, Honda India Power Products Ltd on June 8, 2023 rectified the record date for Rs 16.50 per equity share dividend. The new record date is now August 3, 2023 which was inadvertently mentioned ...

HDFC Subsidiary Set To Pay Highest Dividend In 5 Yrs, Record Date This Week

HDFC Asset Management, subsidiary of HDFC announced its highest dividend of Rs 48.00 per share on April 25, 2023, its highest dividend in the last 5-years. The record date of the dividend is June 9, 2023. Current market price of HDFC ...

ICICI Lombard Shares Soar Over 8% After ICICI Bank Seeks To Increase Stake

Shares of leading company operating in Financial Services sector, ICICI Lombard General Insurance Company Ltd on Monday registered a sharp rise of 8% to end at Rs 1190.00 per share. In early trade, ICICI Lombard rallied approximately 12%. The surge in ...

Vedanta Limited Announces Incorporation Of New Company

Vedanta Resources Plc is a universal varied natural resources entity. It has interest in lead, silver, copper, zinc, iron ore, aluminum, power, oil & gas. Vedanta Ltd the Indian subsidiary of Vedanta Resources Plc, announced that pursuant to provisions of regulation ...

Mphasis acquires US based Wyde corporation

Mphasis, which is one of the major IT software solutions company in the country informed the Bombay Stock Exchange that the company's subsidiary will acquire the US based Wyde corporation. However, the financial details of this acquisition was not disclosed ...

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