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%.

India Cements Vice Chairman and MD N Srinivasan has assured employees that there will be no change in their careers despite the company's acquisition by UltraTech Cement.

SEBI implements insider trading rules for mutual funds, effective November 1, 2024, to enhance transparency and prevent misuse of sensitive information by AMCs.

Sports tech platform Khelomore secures USD 2 million funding led by Clear Bridge Ventures and Eruditus to expand its reach and offer more sports venues.

Reserve Bank of India has excluded government securities (G-Secs) of 14-year and 30-year tenors from the Fully Accessible Route (FAR) for foreign portfolio investors.

Societe Generale has divested its 0.67% stake in India Cements for Rs 78 crore. The deal comes as UltraTech Cement acquires a majority stake in the company.

Rajasthan's budget focuses on youth empowerment with reservation for Agniveers, Rs 2 crore loans, and relaxed eligibility for government services. Learn more about the key announcements.

India Cements Vice Chairman and MD N Srinivasan has assured employees that there will be no change in their careers despite the company's acquisition by UltraTech Cement.

Opposition parties criticize the Union Budget 2023, alleging it favors corporations and offers no benefits to most states. Congress calls it a 'pack of lies' and highlights lack of focus on...

SEBI implements insider trading rules for mutual funds, effective November 1, 2024, to enhance transparency and prevent misuse of sensitive information by AMCs.

Sports tech platform Khelomore secures USD 2 million funding led by Clear Bridge Ventures and Eruditus to expand its reach and offer more sports venues.