L&T Semiconductor Tech, a wholly owned subsidiary of Larsen & Toubro (L&T), has announced its acquisition of SiliConch Systems, a fabless semiconductor design company. The acquisition deal is valued at Rs 133 crore upfront, with an additional deferred payment of Rs 50 crore to be made over the next four years, according to an exchange […]
Shares of Shalby Ltd. dropped nearly six percent following the company’s announcement of a significant 20 percent decrease in consolidated net profit for Q1 FY25, which fell to Rs 16.6 crore from Rs 20.8 crore in the corresponding period last year. At 2:05 PM, Shalby’s shares were trading down by 2.4 percent at Rs 303.
Shalby Shares Down 6% as Q1 Net Profit Falls 20%, Marking Significant Financial Setback Read More »
The Union Budget 2024-25 will be presented in the Lok Sabha on July 23, confirmed by Parliamentary Affairs Minister Kiren Rijiju. In a post on X, he stated that the President of India, upon the recommendation of the Union Government, has sanctioned the proposal for summoning both Houses of Parliament for the Budget Session from
Union Budget 2024 Date Announced: Live Updates Read More »
The Securities and Exchange Board of India (SEBI) has recently intensified its regulatory efforts by conducting surprise inspections on several brokers and mutual funds involved in block deals and concurrent trades. These inspections are part of a broader initiative to curb market malpractices and ensure greater transparency in trading activities. SEBI’s actions come in response
