
BSE Ltd: Board Recommends 2:1 Bonus Share Issue15 hours ago
BSE Ltd's board has recommended issuing two free shares for every one share held by shareholders. The record date is yet to be determined. This is BSE's second bonus issue since its 2017 listing, with the previous 2:1 bonus occurring in 2022. The company has paid over ₹170 per share in dividends since listing and conducted share buybacks in 2019 and 2023.

Adani Green Energy: Commissions 480.1 MW Power Projects in Gujarat17 hours ago
Adani Green Energy's subsidiaries have operationalized 480.1 MW power projects in Khavda, Gujarat, increasing the company's total operational renewable generation capacity to 14,217.9 MW. The plants commenced power generation on March 30, 2025. Macquarie initiated coverage with an 'outperform' rating and a price target of ₹1,200, implying a 40% upside.

InterGlobe Aviation: IndiGo Faces Rs 944 Crore Tax Penalty, Calls It 'Erroneous'18 hours ago
InterGlobe Aviation, IndiGo's parent company, received a Rs 944.20 crore tax penalty for the 2021-22 assessment year. The company claims the order is erroneous, based on a misunderstanding of their pending appeal status. InterGlobe plans to challenge the order legally and states it won't significantly impact their financials or operations.

Reliance Power: Stock Surges 29% in March Amid Mixed Signals18 hours ago
Reliance Power's stock price has risen 29% in March after losses in previous months. The company's thermal plants are performing well, and it's expanding into clean energy projects. Despite improved debt ratios, experts advise caution due to remaining debt and technical resistance levels.

Newgen Software Technologies: Subsidiary Secures $1.58 Million Order20 hours ago
Newgen Software Technologies' subsidiary has secured a $1.58 million order to be completed within three years. The company reported strong Q3 FY2024 results with net profit up to ₹89 crore and revenue growth of 18% to ₹381 crore. EBITDA surged 40.2% to ₹107.8 crore with margin expansion to 28.3%.
Pace Digitek Files for ₹900 Crore IPO with SEBI20 hours ago
Bengaluru-based Pace Digitek has filed its Draft Red Herring Prospectus with SEBI for an IPO to raise ₹900 crore through a fresh issue of shares. The company may consider a pre-IPO placement of up to ₹180 crore. The IPO proceeds will primarily fund capital expenditure requirements and general corporate purposes.
SIS Cash Service Files for IPO with SEBI21 hours ago
SIS Cash Service Ltd has filed draft papers with SEBI for an IPO. The offering includes a fresh issue of shares worth ₹100 crore and an offer for sale of 37.15 lakh shares by promoters. The company plans to use ₹37.59 crore for purchasing cash vehicles and ₹29.81 crore for debt payment. SIS Cash Service is the second-largest player in the industry by revenue for fiscal 2024, with an estimated market share of 17-18%.
LG Electronics: Potential IPO in FY26 Pipeline21 hours ago
LG Electronics is among the companies preparing for a potential IPO in the upcoming fiscal year. A total IPO pipeline of about 2 lakh crore is expected this fiscal, with several major companies including LG Electronics readying their listing plans.

Vaibhav Global Ltd: Lab-Grown Diamonds Drive Growth Amid Tariff Uncertainty22 hours ago
Vaibhav Global's CFO reports rising demand for lab-grown diamonds due to affordability. The company's diverse sourcing strategy is yielding higher margins. Potential US tariffs pose a challenge, but the company's global sourcing network may mitigate risks. Weak consumer demand in Europe and the UK has led to trimmed guidance. German operations are growing at 30% since re-entry in 2021.
Multiple SME IPOs Set to Close This Week Amid Mainboard Drought22 hours ago
Three SME IPOs are scheduled to close their subscriptions this week. Retaggio Industries Ltd. IPO will close on April 2, while Infonative Solutions Ltd. and Spinaroo Commercial Ltd. IPOs will close on April 3. These SME issues are expected to list on the BSE SME platform in the following week.
NSE Seeks SEBI's No Objection Certificate for IPO1 day ago
The National Stock Exchange (NSE) has filed an application with SEBI seeking a No Objection Certificate (NOC) for its Initial Public Offering (IPO). This follows the new SEBI Chairman's statement about looking into issues around NSE's IPO. NSE has included responses to previous requirements raised by SEBI in its fresh application.

Yes Bank: Rs 2,209.17 Crore Tax Demand Received for AY201 day ago
Yes Bank has received an income tax demand of Rs 2,209.17 crore for assessment year 2019-20. The bank plans to appeal against the reassessment order, believing it has grounds to substantiate its position. Yes Bank does not expect any adverse impact on its operations.
CoreWeave Debuts on Nasdaq with $23 Billion Valuation1 day ago
AI infrastructure firm CoreWeave went public on Nasdaq, closing flat after opening below its $40 IPO price. The company raised $1.5 billion in the largest AI-related listing, achieving a $23 billion valuation on a fully diluted basis. Nvidia contributed a $250 million order as part of the IPO.

Samvardhana Motherson International: $1.1 Billion Loan Guarantees for Subsidiaries1 day ago
Samvardhana Motherson International Limited has issued corporate guarantees worth $1.1 billion to support lenders and creditors of its wholly-owned subsidiaries. The guarantees, issued on March 28, 2025, cover multiple subsidiaries with liability capped at 1.05-1.10 times the facility amounts. The longest tenure extends to March 18, 2028. The company states this will harmonize security structure and benefit subsidiaries with consolidated credit strength.

Force Motors: Secures 2,978 Vehicle Order from Indian Defence Forces1 day ago
Force Motors has received an order for 2,978 vehicles from the Indian Army and Air Force. The vehicles are designed to meet specific operational requirements in demanding defence environments.

Tamilnad Mercantile Bank: Expands Network with Six New Branches1 day ago
Tamilnad Mercantile Bank has opened six new branches across India, including locations in Coimbatore, Tiruppur, Tuticorin, Telangana, and Ayodhya. The bank now has 578 branches and 12 regional offices across 17 states and 4 Union Territories. CEO Salee S Nair announced plans for further expansion.
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Waaree Energies: Inaugurates 5.4 GW Solar Cell Gigafactory in Gujarat1 day ago
Waaree Energies inaugurated a 5.4 GW solar cell gigafactory in Chikhli, Gujarat. The facility spans 150 acres and is expected to create 9,500 direct jobs and 30,000 indirect employment opportunities. It aligns with India's vision of becoming a global manufacturing hub for clean energy technologies.

NHPC Expects Completion of Parbati-II HE Project Trial Run by March 311 day ago
NHPC Limited has announced that the trial run for the remaining unit of the Parbati-II Hydroelectric Project is anticipated to be finished by March 31. This update suggests progress in the project's development and potential readiness for operation.

Paisalo Digital Limited: Partial Redemption of NCDs Worth ₹12 Crore1 day ago
Paisalo Digital Limited, an LIC-owned small-cap NBFC, has partially redeemed 1200 9.95% Listed, Secured Redeemable Non-Convertible Debentures (NCDs) worth ₹12 crore on March 28, 2025. The remaining 600 NCDs will mature on June 28, 2025. The company also recently listed $48 Million 7.5% Foreign Currency Convertible Bonds on AFRINEX Limited.

V-Mart Retail: Ambitious Expansion Plan of 60+ Stores Annually1 day ago
V-Mart Retail plans to add over 60 stores annually, targeting 10-12% yearly retail space growth. CFO Anand Agarwal projects mid to high teens sales growth over 3-5 years, prioritizing profitability over revenue. The company aims for sustainable growth, expecting Ebitda to outpace sales growth. V-Mart acknowledges e-commerce challenges but remains focused on its brick-and-mortar model.

GAIL to Receive Pipeline Tariff Boost, Margins Expected to Increase1 day ago
GAIL (Gas Authority of India Limited) is set to benefit from a pipeline tariff increase, which is projected to boost the company's margins by approximately ₹3,400 crore. This information was reported by The Economic Times (ET), suggesting a positive financial outlook for the state-owned natural gas company.
SIS Cash Service Limited Files DRHP for IPO1 day ago
SIS Cash Service Limited has filed its draft red herring prospectus (DRHP) with SEBI for an initial public offering. The IPO includes a fresh issue of up to ₹100 crore and an offer for sale of up to 3,715,150 shares by promoter selling shareholders. The fresh issue proceeds will be used for capital expenditure, debt repayment, and general corporate purposes. The company is a leading provider of cash logistics solutions in India.

Mankind Pharma: Completes Merger of Three Subsidiaries1 day ago
Mankind Pharma has finalized the amalgamation of three subsidiaries—Shree Jee Laboratory, JPR Labs, and Jaspack Industries—effective March 29, 2025. The merger, approved by NCLT New Delhi, transfers all assets and liabilities to Mankind Pharma. The company's authorized share capital is now adjusted to ₹421.51 crore. Additionally, NCLT Mumbai approved the merger of BSV Pharma with Bharat Serums and Vaccines Limited.

Cineline India Sells Hotel Asset for INR 270 Crores, Becomes Debt-Free1 day ago
Cineline India has announced the monetization of its hotel asset for INR 270 crores. This transaction has enabled the company to become net debt-free, as it plans to fully repay its outstanding debt. Following this move, Cineline India states that it will now focus entirely on expanding its film exhibition business.

Glenmark Pharma Unit to Close CMC Development and Clinical Supplies Manufacturing in Switzerland1 day ago
Glenmark Pharmaceuticals has announced that its subsidiary will cease all Chemistry, Manufacturing, and Controls (CMC) development and clinical supplies manufacturing operations at its facility in La Chaux-de-Fonds, Switzerland. This decision represents a significant operational change for the company's Swiss operations.

Zaggle Prepaid Enters Agreement with Wonder Home Finance1 day ago
Zaggle Prepaid has entered into an agreement with Wonder Home Finance. As part of this agreement, Zaggle will provide Wonder Home Finance with its Zaggle Zoyer and Zaggle Save propositions.

Samhi Hotels: Double-Digit Revenue Growth Projected Amid Expansion1 day ago
Samhi Hotels expects mid-to-high teens total revenue growth over the next 3-4 years, driven by stable hotel performance and expansion. The company plans annual capex of Rs 700-800 crore for the next four years, funded by internal accruals. FII stake reduction from 64.6% to 54.8% attributed to pre-IPO investors exiting. The company aims to reduce net debt-to-EBITDA ratio below 3.5 times in 12-15 months.
Park Medi World Files for Rs 1,260 Crore IPO1 day ago
Park Medi World, a hospital chain operator, has filed draft papers with SEBI for an IPO to raise Rs 1,260 crore. The offering includes a fresh issue of shares worth Rs 900 crore and an offer for sale of Rs 300 crore by promoter Ajit Gupta. The company plans to use the proceeds for debt repayment, hospital development and expansion, medical equipment purchases, and potential acquisitions.
NSE IPO Delayed: Clearing Corporation Ownership Issue Takes Center Stage1 day ago
The listing of National Stock Exchange (NSE) is facing delays due to concerns over its stake in clearing corporations. SEBI has proposed reducing stock exchanges' ownership in clearing corporations to below 15% over time. NSE's ownership of NSE Clearing Ltd is a key issue that needs to be addressed before the IPO can proceed.

MTAR Technologies: Targets 30% Annual Revenue Growth for Next Three Years1 day ago
MTAR Technologies aims for 30% year-on-year revenue growth over the next three years, with Ebitda margins expected between 24-28%. The company anticipates executing nuclear segment orders worth Rs 800-1,000 crore in the next 3-3.5 years. MTAR expects more predictable, linear quarterly growth moving forward. The company has strong receivables and operating cash flows, with no plans for equity fundraising next year.
SIS Cash Services Files for ₹100 Crore IPO1 day ago
SIS Cash Services Ltd has filed a Draft Red Herring Prospectus with SEBI for an IPO. The offering includes a fresh issue of shares worth up to ₹100 crore and an offer-for-sale of up to 3,715,150 equity shares by promoter selling shareholders. The company plans to use ₹37.59 crore for purchasing and fabricating secured cash vehicles, ₹29.81 crore for debt repayment, and the rest for general corporate purposes.
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Arkade Developers: Plans Four New Projects, Targets Rs 12,000-Crore Pipeline1 day ago
Arkade Developers plans to launch four projects in FY26, including three redevelopment projects in Mumbai and one land project in Goregaon West. The company aims to expand its total development pipeline to Rs 12,000 crore, with a target to complete within five years. They expect a 20% profit after tax on the total pipeline, amounting to approximately Rs 2,400 crore. The company is focusing on securing all necessary approvals before project commencement to avoid delays.
Multiple Companies File IPO Drafts with Sebi1 day ago
Four companies - Park Hospital, Ardee Engineering, SIS Cash Service, and Pace Digitek - have filed draft prospectus offer letters with Sebi for Initial Public Offerings. Pace Digitek aims to raise around Rs 900 crore, Ardee Engineering plans a Rs 580 crore IPO, SIS Cash Service's IPO includes a fresh issue of up to Rs 100 crore and an OFS, while Park Medi World targets raising approximately Rs 1,260 crore through its public offer.

Adani Green Energy: New Solar Power Project Operational in Gujarat1 day ago
Adani Green Energy's subsidiary has operationalized a 37.5 MW solar power project in Khavda, Gujarat, increasing the company's total operational renewable generation capacity to 13,737.8 MW. Additionally, another subsidiary was awarded a 400 MW solar power supply project by UPPCL for 25 years at ₹2.57 per kWh.

PG Electroplast Ltd.: Projecting 30-35% Growth in FY26 Despite Industry Challenges1 day ago
PG Electroplast Ltd. expects 30-35% growth in FY26, according to MD Vishal Gupta. The company is well-prepared for potential raw material shortages affecting the AC industry. PGEL aims to achieve its current fiscal guidance and targets 40-50% growth in TV manufacturing next fiscal. The company is also awaiting approval for a new EV bike project.

AU Small Finance Bank: Raises ₹770 Crore Through Tier-II Bond Issue1 day ago
AU Small Finance Bank successfully raised ₹770 crore by issuing tier-II bonds at a 9.20% annual coupon. Major investors include HDFC Bank, Nippon India Mutual Fund, insurance companies, and pension funds. The fundraising is expected to boost the bank's capital adequacy ratio by about 1% from the 19.9% reported at the end of December 2023.

BSE Ltd: Stock Surges 18% as NSE Defers Derivatives Expiry Change1 day ago
BSE shares rose up to 18% after NSE postponed plans to shift derivatives expiry from Thursday to Monday. This decision eased concerns about BSE losing market share. SEBI's proposal to limit derivatives expiry to Tuesday or Thursday also contributed to the positive sentiment. BSE's recent change to Tuesday expiry has shown increased turnover.

Ola Electric: Fresh Showcause Notice Over February Sales Discrepancy1 day ago
Ola Electric received a showcause notice from India's transport ministry regarding a mismatch in February sales records. The ministry seeks explanations on unregistered scooters, delivery without number plates, and sales without trade certificates. Ola claimed 25,000 scooters sold in February, but only 8,652 were registered. The company faces raids on stores for lack of trade certificates.

Waaree Renewable Technologies: Ambitious 40GW Capacity Addition Target for FY261 day ago
Waaree Renewable Technologies aims to add 30-40 GW of renewable energy capacity in India in FY26. The company plans to expand operations in the Middle East, Europe, and Africa. It has a 3 GW order book for next year's execution and recently secured a 170 MW AC/255 MW DC solar project worth Rs 232 crore.

Man Industries: Ambitious Revenue Growth and Expansion Plans1 day ago
Man Industries expects 30-35% revenue growth in FY26 from existing facilities, with potential 40% growth in FY27. The company is undertaking two major expansions in Saudi Arabia and Jammu & Kashmir, totaling Rs 1,100-1,150 crore in investments. Both facilities are expected to be operational by December, with the Saudi project addressing local demand and import duties, while the J&K expansion benefits from government incentives.
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Hyundai Motor India: Inclusion in Key Market Indices Boosts Profile1 day ago
Hyundai Motor India Limited (HMIL) has been included in several major market indices, including NIFTY Next 50, NIFTY 100, NIFTY 500, and S&P BSE 500, effective March 28. This inclusion reinforces HMIL's market presence and credibility. The company achieved record domestic sales of 605,433 vehicles in 2024. However, the stock has fallen 7.48% since its IPO in October 2024, with analysts noting potential weakness in the share price.

Suven Pharmaceuticals: Targets $1 Billion Revenue by 2030 Through CDMO Expansion1 day ago
Suven Pharmaceuticals aims to reach $1 billion in revenue by 2030, driven by CDMO segment growth. The company is expanding API capacity, enhancing ADC capabilities, and building a GLP site in Hyderabad. Recent acquisitions of NJ Bio and Sapala Organics have strengthened its position. The company focuses on maintaining mid-thirties profit margins while exploring growth opportunities in speciality chemicals.

Hindustan Aeronautics Limited: Secures ₹62,700 Crore Defense Contracts2 days ago
HAL signed two contracts with the Ministry of Defence for 156 Light Combat Helicopters (LCH) - Prachand. The deal includes 66 LCHs for the Indian Air Force and 90 for the Indian Army, with deliveries starting in the third year. The project involves over 250 domestic companies and is expected to create 8,500+ jobs.
CoreWeave's IPO Falls Short of Expectations2 days ago
CoreWeave Inc., a cloud-computing provider, raised $1.5 billion in its IPO, significantly less than its initial $4 billion target. The company's shares were priced at $40, below the marketed range of up to $55. The IPO resulted in a diluted valuation of $23 billion, about a third less than the initial target of over $35 billion. In its trading debut, CoreWeave's shares opened at $39 and closed at $40, maintaining the IPO price.

One 97 Communications Ltd: Paytm Receives Cautionary Notice and Exits Jugnoo Investment2 days ago
Paytm received cautionary notices from NSE and BSE for delayed earnings call disclosure. The company also sold its 12.75% stake in Jugnoo's parent company for ₹3 crore, aligning with its focus on core financial services.
SIS Cash Services Files for IPO with Mixed Offering2 days ago
SIS Cash Services Ltd. has filed draft papers with SEBI for an IPO. The offering includes a fresh issue of shares worth Rs 100 crore and an offer for sale of 37.15 lakh shares by existing shareholders. The company plans to list on NSE and BSE. Funds from the fresh issue will be used for purchasing cash vehicles, fabricating secured vehicles, repaying borrowings, and general corporate purposes.

Hindustan Aeronautics Ltd: Public Shareholder Offloads 0.05% Stake for Rs 161 Crore2 days ago
A public shareholder, Kadensa Master Fund, sold 3.85 lakh shares of Hindustan Aeronautics Ltd (HAL) at Rs 4,176.25 per share, totaling Rs 161 crore. Goldman Sachs (Singapore) Pte-ODI acquired the same number of shares. Separately, HAL signed two contracts worth Rs 62,700 crore with the Ministry of Defence for supplying 156 light combat helicopters Prachand to the Indian armed forces.