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Hindustan Oil Exploration to acquire 100% stake in B-80 Offshore Block

India, April 4 -- Hindustan Oil Exploration Company Ltd (HOEC) has announced its plan to increase its participating interest in the offshore Block MB/OSDSF/B80/2016 (B-80) to 100%. This move involves ... Read More


Gabriel India begins commercial production at new pune facility

India, April 4 -- Gabriel India Limited has announced the commencement of commercial production at its newly acquired manufacturing facility located in MIDC Chakan, Pune. This follows the company's e... Read More


Jio Financial and BlackRock invest Rs 63 cr each in JV for asset management

India, April 4 -- Jio Financial Services Ltd has announced a fresh investment in Jio BlackRock Asset Management Private Limited, its 50:50 joint venture with global investment firm BlackRock. Both pa... Read More


Trishakti Industries secures Rs 60 mn contract from NCC Ltd for infrastructure Proj

India, April 4 -- Trishakti Industries Limited has announced the acquisition of a significant contract from NCC Limited, as per the disclosure made under Regulation 30 of the SEBI (Listing Obligations... Read More


Rupee gains 34 paise to 84.96 against US dollar

India, April 4 -- The rupee strengthened by 34 paise to 84.96 against the US dollar in early trade on Friday, buoyed by a broad decline in the greenback due to the effects of Trump's tariffs, which pr... Read More


Govt to sell up to 4.83% stake in Mazagon Dock via OFS at Rs 2,525/Share

India, April 4 -- The government plans to divest up to 4.83% stake in Mazagon Dock Shipbuilders Ltd (MDL) through an Offer for Sale (OFS) at a floor price of ?2,525 per share. DIPAM Secretary Arunish... Read More


Veranda RACE Signs MoU with NEMI Education to Launch IIT Indore-Certified BFSI Courses

India, April 4 -- Veranda RACE, a part of Veranda Learning and a leading institute for competitive exam training and professional upskilling, has signed a Memorandum of Understanding (MoU) with NEMI E... Read More


MazagoDock Shipbuilders shares drop 7% as govt announces stake sale via OFS

India, April 4 -- Shares of Mazagon Dock Shipbuilders fell 7% in early trade on Friday after the government announced plans to offload up to a 4.83% stake in the state-owned company through an Offer f... Read More


Tillomed acquires strategic pharma portfolio from Manx in £19.7 million deal

India, April 4 -- Tillomed Laboratories Limited, the European subsidiary of Emcure Pharmaceuticals Ltd, has signed an Asset Purchase Agreement (APA) with UK-based Manx Healthcare Limited and its subsi... Read More


US lowers import Tariff on India from 27% to 26%

India, April 4 -- The United States has reduced the import duties on India from 27% to 26%, as per a White House document. These revised tariffs are set to take effect from April 9. While announcing... Read More