Tata Investment Corporation Shares upsurge 12% to Hit 52-Week High: Reasons for Today’s Rise

Shares of Tata Investment Corporation Limited (TICL) rose 11.5% to a 52-week high of ₹8,125 per share on Tuesday, September 23. The company has received shareholder approval for the stock split, or subdivision of shares, it had previously announced. The investment company has approved splitting each fully paid-up equity share of ₹10 face value into…

Read More

Amazon’s micro-fulfillment centers to inflation triple by December

Amazon plans to expand its network of micro-fulfillment centers in India from 100 to 300 by the end of 2025, reflecting the global e-commerce giant’s move toward accelerated commerce. These small facilities, operating in cities like Bengaluru, Delhi, and Mumbai, are designed to expedite the delivery of daily essentials and high-demand items. They are comparable…

Read More

Vedanta Shares reduce After NCLT Delays Disinvestment Hearing

New Delhi: Vedanta shares fell more than 1 percent on Wednesday after the National Company Law Tribunal (NCLT) postponed the hearing on the company’s ambitious disinvestment proposal until October 8. The Ministry of Petroleum and Natural Gas had objected to the plan, citing lack of necessary disclosures. The company’s shares fell 3.78 percent to ₹443.90…

Read More

HFCL upgrade 4.5% after defence manufacturing facilities in Andhra Pradesh are approved

Shares of HFCL gained over 4% on Friday, September 12, after the State Investment Promotion Board approved the acquisition of 1,000 acres of land in Andhra Pradesh for setting up defence manufacturing facilities. The Andhra Pradesh Industries and Commerce Department has announced that the State Investment Promotion Board has approved the company’s proposal to acquire…

Read More