The management of One97 Communications, the parent firm of Paytm, has paid penalties to Sebi to clear allegations of noncompliance. The material misrepresentations mostly stem from the issuance of special benefits to Vijay Shekhar Sharma, the founder of Paytm, and his relatives, as well as the certification and endorsement of public offering documents that contained … Read more

Major U.S. equities indexes pushed higher to end the week, with traders set for a day off in observance of Martin Luther King Jr. Day on a Monday that will also see the swearing-in of Donald Trump for his second presidential term. The strength among stocks to close out the week coincided with rejuvenated optimism … Read more

CLN Energy started in October this year and its vision is to be a lithium-ion battery pack maker supplier of electric vehicles as well as a manufacturing company of motors and powertrain solution, controller, throttle, DC-DC converter, display, and differential. It offers B2B mobility and non-mobility products that include electric scooters, electric three-wheelers, electric four-wheelers, … Read more

Godavari Biorefineries Limited is one of the biggest formulating ethanol chemicals manufacturing firms in India with the integrated biorefineries having ethanol formulation capacity from 30th June, 2024 at 570 KLPD. Following these values of continuous improvement, the company has transformed into one of the largest ethanol producers in India in terms of volume as of … Read more

Axis Bank’s share price fell over 5 percent to 52-week Low intraday on Friday, January 17, because its Q3FY25 earnings were not up to market expectations. Private sector lender bank said on the earnings front; the company posted a ₹ 6,304 crore net profit, a 3.83 percent YoY rise from ₹6,071 crores in the same … Read more

Indian benchmark indexes ended lower on Friday as IT firm Infosys and private bank Axis Bank both declined after their earnings. The Nifty 50 fell 0.35% to 23,229.1 points as of 10:05 a.m. IST; the BSE Sensex declined 0.45% to 76,699.08. Axis Bank Ltd. sank 5.2% as the lender’s quarterly net income fell short of … Read more