Triveni Engineering & Industries Ltd has acquired an additional 36.34% stake in sugar firm Sir Shadi Lal Enterprises Ltd for Rs 45 crore, increasing its stake to 61.77%.

Triveni Turbine reported a 37% rise in consolidated net profit to Rs 76.2 crore in Q4 FY24, driven by higher revenues. The company also announced a final dividend of 130%.

Shares of Indian sugar companies fell by 3% after the government announced an increase in the minimum price for sugarcane, impacting companies like Rana Sugars, Mawana Sugars, and Shree Renuka Sugars.

Shares of sugar companies declined after the Indian government raised the Fair and Remunerative Price (FRP) for sugarcane to Rs 340 per quintal for the 2024-25 season.

Triveni Turbine's net profit surged 30% to Rs 68.30 crore in Q3 FY24, driven by higher income. Order bookings grew 27%, with exports contributing 53%.

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Emcure Pharmaceuticals, backed by Bain Capital, has raised Rs 583 crore from anchor investors ahead of its IPO. The IPO opens for subscription on July 3 and closes on July 5.

Capgemini invests Rs 1,000 crore in Chennai facility, creating 5,000 jobs and focusing on sustainability, innovation, and local talent development.

Bansal Wire Industries, a steel wire manufacturer, has raised Rs 223 crore from anchor investors ahead of its IPO, which is set to open for public subscription from July 3-5.

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

Punjab Finance Minister Harpal Cheema announced an extension of the One Time Settlement (OTS) scheme deadline to August 16 for taxpayers to settle outstanding dues. The scheme aims to reduce...

HCL Technologies launches its first delivery center in Bihar, focusing on IT and engineering services for hi-tech and semiconductor companies. The center will also feature specialized labs and...

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Nephro Care India's IPO was oversubscribed by 715.85 times, driven by strong institutional investor interest. The IPO raised Rs 41.26 crore and will be listed on NSE Emerge.