Godrej Industries, Godrej Consumer, and Godrej Agrovet rise 1-5%

Godrej Industries, Godrej Consumer, and Godrej Agrovet rise 1-5% on the family’s decision to separate the corporate empire

Godrej: Stocks of companies within the Godrej Group, such as Godrej Industries, Godrej Consumer Products, and Godrej Agrovet, experienced gains ranging from 1% to 5% during early trading on Thursday. This surge followed news of the Godrej family’s decision to divide the conglomerate into two separate entities. Godrej Industries saw its share price rise by…

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Bank holiday on May 1st: Will banks be closed tomorrow?

Bank holiday on May 1st: Will banks be closed tomorrow? Check out the city-specific list here

Bank holiday on May 1st: Banks in multiple states will be closed on May 1 in observance of Maharashtra Day, which commemorates the creation of the Maharashtra state in India. Maharashtra Day signifies the anniversary of the state’s official formation in 1960 following the reorganization of states based on linguistic criteria. In several states, banks…

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Manappuram Finance shares rise by 5% as a result

Manappuram Finance shares rise by 5% as a result of SEBI approving the IPO of Asirwad Microfinance

Manappuram Finance shares: Shares of Manappuram Finance surged by approximately 5 percent to Rs 207 apiece in the afternoon trading session on April 30 following news that its subsidiary, Asirwad Microfinance, has received approval from the Securities and Exchange Board of India (SEBI) to move forward with its initial public offering (IPO). On February 16,…

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IREDA shares rise 13% after obtaining Navaratna status

IREDA shares rise 13% after obtaining Navaratna status; Read to learn more about what this means

IREDA shares: IREDA’s stock soared by nearly 13%, reaching an intraday peak of Rs 192.20, following the company’s elevation to Navratna status. In an exchange filing, IREDA announced, “Under Regulation 30 of SEBI (Listing Operations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Department of Public Enterprises (DPE), through its letter dated April…

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BSE shares fell 19% today in response to the Sebi's ruling. Here's

BSE shares fell 19% today in response to the Sebi’s ruling. Here’s why

BSE Ltd’s stock plunged by 19% in Monday’s trading session following a directive from the market regulator Sebi. Sebi instructed BSE to pay regulatory fees based on the annual turnover fee, considering the ‘notional value’ for option contracts. Previously, BSE had been paying regulatory fees based solely on the premium value for option contracts. Furthermore,…

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