Category : Corporate News


Promoter Group Ups Stake in Small-Cap Communications Firm

The promoter group of a small-cap communications company has increased its stake, signaling strong confidence in the firm's future prospects. This move has put the stock under the market scanner, with investors closely watching for potential impacts on sh

BAMUL Rs 60 Crore Profit, Ugadi Bonanza Announced

The Bangalore Milk Union Limited (BAMUL) has reported a profit of Rs 60 crore and projects turnover to reach Rs 3,400 crore by March 31. The union is celebrating with a Ugadi festival bonus for farmers and employees.

Chennai LPG Crisis: Server Glitches Cause Panic Booking

Chennai residents face widespread anxiety as LPG booking systems fail due to server overload. Bharat Gas acknowledges glitches while Indane denies issues, but customers report disconnected calls and unreachable IVRS.

Musk on Trillion-Dollar Fortune & SpaceX IPO

Elon Musk clarifies his wealth stems from company ownership stakes, not cash, as SpaceX's potential $1.5 trillion IPO and Tesla's pay package could make him the first trillionaire.

Stellantis Prices €5B Bond After EV Strategy Reset

Stellantis has priced a €5 billion hybrid bond offering to strengthen its balance sheet, following €22.2 billion in impairments from scaling back its electric vehicle push due to slower-than-expected customer adoption.

UP Oil Firms Plan Kerosene Backup for LPG Shortage

Oil marketing companies in Uttar Pradesh are developing contingency plans that could see kerosene temporarily return as a cooking fuel alternative if LPG supplies face disruption due to West Asia tensions.

UP Journalists Demand EPFO Pension Hike to Rs 5,000

A delegation of the UP Working Journalist Union met state labour minister Anil Rajbhar, demanding an increase in the minimum EPFO pension for private sector retirees, including journalists, from Rs 1,000 to Rs 5,000.

SBA Announces Nationwide Fraud Crackdown Across 50 States

US Small Business Administration head Kelly Loeffler reveals a state-by-state push to combat fraud in federal programs, supporting VP JD Vance's task force. The SBA has already investigated California and Minnesota, with $200 billion in pandemic funds sus

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