MTNL Shares Surge 18.4% on Asset Monetization Gains

MTNL Shares Surge 18.4% on Asset Monetization Gains

Mumbai, March 13: Shares of Mahanagar Telephone Nigam Ltd (MTNL) skyrocketed 18.4% in early trade on the BSE, reaching a day’s high of ₹51.30 on Thursday. The surge came after the company’s earnings of ₹2,134.61 crore from land and building asset monetization were disclosed in Lok Sabha by Minister of State for Communications Pemmasani Chandra…

NTPC Green Energy in Focus as 105 MW Shajapur Solar Project Becomes Fully Operational

NTPC Green Energy in Focus as 105 MW Shajapur Solar Project Becomes Fully Operational

New Delhi, March 13: Shares of NTPC Green Energy Ltd will be in focus on Thursday after its subsidiary, NTPC Renewable Energy Ltd, announced the commercial operation of the second and final phase of its 105 MW Shajapur Solar Project in Madhya Pradesh. Shajapur Solar Project Now Fully Operational In an exchange filing, NTPC Green…

JSW Neo Energy Acquires 100% Stake in Virya Infrapower for ₹7.54 Crore

JSW Neo Energy Acquires 100% Stake in Virya Infrapower for ₹7.54 Crore

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has successfully acquired 100% shares of Virya Infrapower Private Limited. With this acquisition, Virya Infrapower has now become a step-down subsidiary of JSW Energy. About Virya Infrapower Private Limited Virya Infrapower is a renewable energy-focused company in India, established on December 17, 2014….

Polycab India Shares Rise 2% After Securing ₹3,002.99 Crore BSNL Bharat Net Contract

Polycab India Shares Rise 2% After Securing ₹3,002.99 Crore BSNL Bharat Net Contract

Shares of Polycab India Ltd surged nearly 2% on Thursday after the company announced that it has signed an agreement with BSNL for the Bharat Net project in the Bihar Telecom Circle. The project, valued at ₹3,002.99 crore, aims to enhance broadband connectivity in the region. Stock Performance Polycab India’s stock gained 1.89%, reaching ₹5,105.75…

Japan’s GPIF to Maintain Asset Allocation, Investors See Limited Impact

Japan’s GPIF to Maintain Asset Allocation, Investors See Limited Impact

Tokyo, March 13: Japan’s Government Pension Investment Fund (GPIF), one of the world’s largest pension funds, is reportedly set to maintain its current asset allocation for the next five years, starting April 2025. Despite months of speculation that GPIF might increase investments in domestic stocks and bonds, equity investors see only a limited impact from…

Australian, New Zealand Dollars Hit Post-COVID Lows Against Euro Amid Ukraine Ceasefire Talks

Australian, New Zealand Dollars Hit Post-COVID Lows Against Euro Amid Ukraine Ceasefire Talks

Singapore, March 12 (Reuters): The Australian dollar (AUD) and New Zealand dollar (NZD) slid to their lowest levels against the euro since the COVID-19 pandemic, as Ukraine agreed to a U.S.-proposed ceasefire, potentially marking a step toward peace. The euro surged to A$1.7418, its highest level since April 2020, and NZ$1.9167, the strongest since March…

Euro Surges to Five-Month High Amid Ukraine Ceasefire Talks, Markets Volatile on U.S. Tariff Uncertainty

Euro Surges to Five-Month High Amid Ukraine Ceasefire Talks, Markets Volatile on U.S. Tariff Uncertainty

Singapore, March 12 (Reuters): The euro soared to a five-month high on Wednesday as Ukraine signaled readiness to accept a month-long ceasefire, boosting investor sentiment. However, global stock markets remained volatile due to uncertainty over U.S. tariff policies and concerns about a U.S. economic slowdown. European Markets React to Ceasefire Talks Following news that Ukraine…

Australian Shares Slip into Correction Territory Amid U.S. Tariff Concerns

Australian Shares Slip into Correction Territory Amid U.S. Tariff Concerns

Sydney, March 12: Australian shares extended losses on Wednesday, briefly entering correction territory as investor sentiment took a hit following reports that the White House had denied Australia an exemption from U.S. steel and aluminium tariffs. The S&P/ASX 200 index fell 1.2% to 7,793.6 as of 0001 GMT, after plunging as much as 1.6% earlier…

Anupam Rasayan Shares Gain Amid Weak Market After ₹922 Crore LOI with Korean MNC

Anupam Rasayan Shares Gain Amid Weak Market After ₹922 Crore LOI with Korean MNC

Mumbai, March 11: Shares of Anupam Rasayan India Ltd. climbed nearly 3 per cent in early trading on the Bombay Stock Exchange (BSE) on Tuesday despite a weak broader market sentiment. The surge came after the company announced a major ₹922 crore Letter of Intent (LOI) with a leading Korean multinational company (MNC). Stock Performance…

Dividend Stocks 2025: BEL Shares in Focus as Stock Trades Ex-Dividend; Announces ₹843 Crore Order Win

Dividend Stocks 2025: BEL Shares in Focus as Stock Trades Ex-Dividend; Announces ₹843 Crore Order Win

Bharat Electronics Limited (BEL) shares will be in focus on Tuesday as the stock trades ex-dividend today, March 11, 2025. Alongside its dividend declaration, the company announced fresh orders worth ₹843 crore, pushing its total order book for the ongoing financial year to ₹14,567 crore. BEL Dividend Details BEL had set March 11, 2025, as…