Deepak Nitrite's subsidiary, Deepak Chem Tech Ltd, has acquired a 100% stake in Narmada Thermal Power Private Ltd for Rs 61.65 crore. The acquisition is expected to be completed by June 30.

Deepak Nitrite reported an 8.54% rise in net profit for the March quarter to Rs 253.85 crore. The company also acquired OXOC Chemicals Ltd, making it a wholly owned subsidiary.

Deepak Chem Tech will invest Rs 9,000 crore to establish chemical manufacturing units in Dahej, Gujarat, creating 1,300 jobs. The project is expected to be operational by 2027.

Sebi has mandated stock brokers to implement systems for detecting and preventing market abuse, including surveillance, reporting, and whistleblower policies. The new rules aim to curb fraudulent...

Federal Bank's loan portfolio grew by 20% in the first quarter, with retail credit book up 25% and wholesale credit book up 14%. Deposits also rose by 20% year-on-year.

SECI plans to launch a tender for 500 MW of solar thermal capacity by FY25-end, marking the first time in India such a large-scale tender will be floated. The tender will feature advanced...

Premier Energies and its subsidiaries have secured a 350 MW solar module supply order from Apraava Energy for a project in Rajasthan, India. The modules aim to enhance efficiency and output,...

Get the latest areca and coconut prices in Mangaluru for Wednesday, July 3. Check prices for old supari, new supari, koka, and different coconut qualities.

Sebi has mandated stock brokers to implement systems for detecting and preventing market abuse, including surveillance, reporting, and whistleblower policies. The new rules aim to curb fraudulent...

Federal Bank's loan portfolio grew by 20% in the first quarter, with retail credit book up 25% and wholesale credit book up 14%. Deposits also rose by 20% year-on-year.

Guar seed futures prices rose on Wednesday, driven by firm spot market demand and thin supplies, according to market analysts. Speculators increased their positions, leading to a 0.72% increase in...

SECI plans to launch a tender for 500 MW of solar thermal capacity by FY25-end, marking the first time in India such a large-scale tender will be floated. The tender will feature advanced...

Indian social media platform Koo, a potential Twitter rival, is shutting down after failing to secure a partnership. The founders cite high operational costs and funding challenges.