Mon, Nov 25, 2024 10:05 AM
Urgent reforms needed to streamline Tamil Nadu RERA processes: BAI
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Zomato Ltd., the food delivery aggregator, saw its shares advance on Monday (November 25) on the back of two triggers — 📌the company's inclusion in the 30-stock BSE Sensex and 📌an approval for its ₹8,500 crore Qualified Institutional Placement (QIP). Zomato is the first new-age tech stock that will replace JSW Steel in the BSE Sensex as part of the index reconstitution.
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Shares of Paras Defence and Space Technologies hit 5 percent upper circuit at Rs 1,025 apiece on November 25 after it opened its advanced and state-of-the art optical systems testing facility in Navi Mumbai, Maharashtra. It is set to be the most advanced center for research and development of hyperspectral and other optical systems for space and defence in India.
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Escorts Kubota Ltd stated that its wholly-owned subsidiary, Escorts Kubota Finance Ltd, has become operational as a NBFC from November 26, 2024. The NBFC will not accept public deposits, the firm said in its stock exchange filing. The revenues of Escorts Kubota for Q2 FY24 are at ₹2,488.5 crores, with the growth minimal to ₹2,478 crores against the same period last year.
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