2025-03-28Niranjan Ghatule
This article discusses Policybazaar’s PB Partners decision to reduce commission payouts in its B2B broking business. The commission cuts range from an average of 5% for broking business associates to up to 20% in certain motor insurance segments. With PB Partners managing a vast network of over 200,000 agent partners and providing access to 25-26 general insurers
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2025-03-28Niranjan Ghatule
Bharat Heavy Electricals Limited (BHEL) has secured a ₹11,800 crore contract from Chhattisgarh State Power Generation Company Limited (CSPGCL) for the Engineering, Procurement, and Construction (EPC) of a 2x660 MW Supercritical Thermal Power Plant at Korba West.
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2025-03-27Niranjan Ghatule
Asian Paints Limited has announced an expansion of its upcoming manufacturing facility for Vinyl Acetate Ethylene Emulsion (VAE), Vinyl Acetate Monomer (VAM), and Ethylene storage & handling in Dahej, Gujarat. The total project cost has been revised to ₹3,250 crores,
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2025-03-27Niranjan Ghatule
This article provides insights into Ashok Leyland’s latest business developments, focusing on its EV segment, financial performance, and future growth prospects. It covers key points shared by Shenu Agarwal, including challenges in the UK’s EV market, Switch India’s expected breakeven in FY26, and the progress of the Hinduja Leyland IPO.
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2025-03-26Niranjan Ghatule
Bank of India (BOI) has declared Rolta India Ltd. as a fraud account under Regulation 30 of SEBI (LODR) Regulations, 2015 due to its non-performing asset (NPA) status. The outstanding amount of ₹616.30 crore has been fully provisioned by the bank.
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2025-03-26Niranjan Ghatule
Bharat Dynamics Limited (BDL) has signed a significant Rs 4,362.23 crore contract with the Ministry of Defence for supplying armaments to the Indian Armed Forces. This milestone deal strengthens India’s self-reliance in defense manufacturing and aligns with the ‘Make in India’ initiative.
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2025-03-26Niranjan Ghatule
This article explores Ashok Leyland's potential acquisition of a majority stake in SML Isuzu. The deal may involve purchasing over 40% of SML Isuzu’s shares from Sumitomo Corporation, positioning Ashok Leyland as the majority shareholder. The article highlights the strategic implications, market impact, and potential benefits of this acquisition.
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2025-03-25Niranjan Ghatule
Adani Group’s latest move to establish a new subsidiary for solar and wind equipment manufacturing is set to disrupt the renewable energy market. With Adani New Industries One Limited (ANIOL), the conglomerate aims to reduce dependence on external suppliers and strengthen India’s clean energy infrastructure.
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2025-03-25Niranjan Ghatule
NCC Limited, a leading infrastructure company, has announced a significant achievement in securing two major contracts from Bharat Sanchar Nigam Limited (BSNL) under the BharatNet project.
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