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This smallcap penny stock is locked in 20% upper circuit on Birla Group’s exit. Do you own?Kesoram Industries surged 20% after Frontier Warehousing acquired a 42.8% controlling stake through a block deal, marking the Birla family’...- Birlas exit Kesoram IndustriesKesoram Industries is seeing a change in ownership. Frontier Warehousing Limited is acquiring a controlling stake. This marks the exit of t...
- Kesoram committed to Cygnet after cement demerger, aims turnaround with Japanese FutamuraKesoram Industries, a B K Birla group firm, reaffirms commitment to loss-making subsidiary Cygnet Industries Ltd, with plans to engage Futa...
- Kesoram completes Rs 1900cr high-cost debt refinancing to yield 800 basis points interest benefitOn Thursday, the company announced the redemption of the entire outstanding outstanding NCD amounting to Rs 1487 crore before maturity. OCD...
- As Ram Mandir opens doors, jobs come rushing into AyodhyaTypically, a hotel from construction stage to getting operational takes 3-4 years, said Nandivardhan Jain, CEO of Noesis Capital Advisors. ...
- Ram temple tourism: Hospitality, travel industries create up to 20,000 jobs in AyodhyaAccording to several officials in the hospitality sector, thousands of jobs in areas such as hospitality managers, restaurant and hotel sta...
- Kesoram seeks to refinance Rs 1,800 cr of high-cost debtKolkata-based Kesoram has been grappling with high leverage and defaulted on interest payments in January 2020. In an effort to unlock valu...
- Birla Tyres slumps 5% to 52-week low after IndusInd Bank sells 38 lakh sharesAfter the sale of shares, the bank's holding now stands at 1,06,91,192 equivalent to nearly 7.50 per cent stake in Birla Tyres, as per data...
- Stocks in the news: Medplus, L&T, Kotak Bank, Vedanta and CG PowerMedplus Health Services will make its debut on the bourses today.
- Birla Tyres in talks with multiple partners for collaboration across tyre segmentsAddressing shareholders at the company’s virtual annual general meeting on Tuesday, Birla Tyres chairperson Manjushree Khaitan, said, the c...
- GESIA IT Association appoints new ChairmanPranav Pandya, Co-founder, and Chairman of Dev IT Ltd. is the new Secretary and Director, and Umesh Rateja of Sums Corp Solutions is the Jo...
- After Hours: OFS, insider trade & new highs in Thursday’s sessionShares of Mukesh Ambani-led RIL scaled fresh all-time high of Rs 1,011 in intraday trade.
- Bharti Group entity sells Future Retail stake worth Rs 1,697 croreCedar Support Services sold 3.03 crore shares, amounting to 6.04% stake in Future Retail.
- These 34 companies will make your GST play less taxingSeveral leading tech companies such as TATA Consultancy Services, Tally Solutions, Deloitte Touche Tohmatsu India LLP, and Mastek Limited h...
- Mapping the market: Rs 1.24 lakh cr gone in a day as market turns too rate sensitiveThere could not have been a worse start to a trading week than the one on Monday. The 101-point fall in Nifty caught the biggest of bears o...
- Kesoram climbs for fifth day in a row on biz hive offKesoram Industries' rayon business accounts for less than 5 per cent of its total turnover of Rs 4,873 crore as on March 31, 2015. It has a...
- Fifteen stocks in focus in Monday morning tradeThe Indian market is expected to open flat. Here is a list of top fifteen stocks that are likely to be in focus today.
- Kesoram Industries to hive off its rayon business to Cygnet Industries for Rs 480 croreThe move is part of the company's strategy to reorganise and realign its existing businesses and assets including tyre and cement.
- Gujarat IT industry sees 20% growth in FY14Tech companies in Gujarat are eyeing 20% growth in this financial year and will focus on product development and global access.
- More Gujarat IT companies seek global visibility by participating in CeBITMore technology companies from Gujarat are now seeking global visibility by increasing participation in international exhibitions.
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