Balrampur Chini shares are set to be in focus on Wednesday’s (May 28) session on Dalal Street. On Tuesday, the company signed an agreement with the Government of Uttar Pradesh to establish a 250 TPD polylactic acid (PLA) plant at its Kumbhi Chini Mills unit in Lakhimpur Kheri. According to the company, it has signed…
Info Edge (Naukri) Q4 FY25 Earnings Key Takeaways: Info Edge (India) on Tuesday reported a 7.7 times increase in its consolidated net profit crore for the quarter ended March 31 compared with the corresponding period a year ago. The year-on-year jump in net profit was better than analysts’ expectations. However, Info Edge shares—traded on stock…
A joint venture of Oil and Natural Gas Corporation Limited (ONGC), Hardy Exploration and Production (India) Inc., and Invenire Petrodyne has successfully commenced production from the PY-3 Field, located offshore in the Cauvery Basin on the east coast of India, ONGC said in a statement Sunday. Originally brought on-stream in 1997, the PY-3 Field had…
Government-owned insurer Life Insurance Corporation of India (LIC) has earned a Guinness World Records title for selling the most life insurance policies in 24 hours. This historic achievement, verified by Guinness World Records, recognises the extraordinary performance of the corporation’s dedicated agency network on January 20, 2025. The state-owned insurer said in a statement that…
The Enforcement Directorate (ED) has uncovered several benami properties and shell companies linked to former UCO Bank Chairman and Managing Director SK Goel. A source close to the development told Zee Business, “SK Goel and his family created several shell companies to receive kickbacks from Concast Steel & Power Ltd. (CSPL).” The ED has reportedly traced and…
Government-owned Maharatna’ public sector company Power Grid Corporation of India Ltd (POWERGRID) on Wednesday said that the company’s estimated capex outlay will reach Rs 3,06,600 crore by 2032. The capex outlay refers to the total amount of funds a company spends on projects or investments over a specific period. It also includes all expenses or…