- NSE F&O ban list for April 10 includes Exide Industries, Hindustan Copper, Vodafone Idea, India Cements, Bandhan Bank, SAIL, and Zee Entertainment Enterprises.
- Paytm’s UPI market share dropped to 9% in March, attributed to regulatory constraints on its associate, Paytm Payments Bank Limited (PPBL), by the RBI.
- Retail investors have increased their stake in Paytm by 1.68%, now holding 14.53% stake, while mutual funds hold 6.15% stake as per March 2024 quarter filings.
- Godrej Air Phase 4 project’s extension application was denied by Gurugram’s Real Estate Regulatory Authority due to non-compliance with regulations.
- RattanIndia Power’s CFO Ankur Mitra stepped down, and Manish Ratnakar Chitnis has been appointed as the new CFO.
- Aditya Birla Fashion and Retail established a new entity, Aditya Birla Lifestyle Brands, for the proposed separation of its Madura Fashion and lifestyle businesses.
- IndusInd International Holdings entered a joint venture with Invesco India Asset Management, securing a 60% stake.
- Protean eGov Technologies plans to initiate a Qualified Institutional Placement (QIP) with a base issue size of ₹170 crore and a green shoe option of ₹75 crore.
- ICICI Lombard General Insurance announced a strategic alliance with Policybazaar to offer insurance solutions to approximately 1 crore customers.
- Lupin introduced its inaugural generic variant of Oracea (Doxycycline capsules, 40 mg) in the US, following FDA approval.
- Shyam Metalics and Energy plans to set up a new facility for stainless steel hot rolled coils (HRC) production in Odisha with an investment of ₹650 to ₹750 crore.
- Exide Industries acquired a 26% stake in Clean Max Arcadia Private Ltd for ₹5.34 crore to become a captive consumer of solar power.
- Paisalo Digital reported a 32% growth in Assets Under Management (AUM), reaching ₹4,622 crore by the end of March FY24 quarter.
- Finolex Industries sold its leasehold rights for a 25-acre land parcel in Pimpri to Terravista Developers, a company of the Adani Group, for ₹470 crore.
- Patel Engineering expects its order book to increase to approximately ₹25,000 crore in FY25, up from ₹19,134 crore as of December 2023.
- PB Fintech established a fully-owned subsidiary, PB Pay, to operate as a payment aggregator, with a paid-up capital of ₹27 crore.
Trending
- Uttarakhand: Cloudburst in Chamoli’s Tharali, Two People Missing
- Flipkart, Amazon Prepare Brands for Possible GST Rate Cut Ahead of Festive Sales
- Indian Railways Launches 380 Ganpati Special Train Trips for 2025
- Pakistan Extends Airspace Ban on Indian Aircraft Until September 23
- IMD Issues Heavy Rainfall Alert for Mumbai
- PM Modi Cabinet Approves ₹1,507 Crore Greenfield Airport Project in Kota-Bundi, Rajasthan
- ICAI Releases Admit Cards for September 2025 CA Exams: Download Now
- Government Approves First-Ever BSF Cadre Review in 60 Years; 4,000 Additional Posts Created
- British RAF F-35B Fighter Makes Emergency Landing in Japan During Joint Military Drills
- Centre to Transfer ₹3,200 Crore PMFBY Crop Insurance Claims to 30 Lakh Farmers