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Maruti's plant inauguration by PMs of India, Japan 'greatest possible honour': T Suzuki
Suzuki Motor Corporation President Toshihiro Suzuki expressed immense honor as Indian and Japanese Prime Ministers virtually inaugurated Maruti Suzuki's new Kharkhoda plant. This significant event underscores a deepened commitment to "Viksit Bharat," with a focus on human development. Suzuki emphasized this by visiting skill development and road safety institutes, highlighting the importance of nurturing talent for India's progress.
PM Modi, Japan PM Takaichi jointly inaugurate Maruti Suzuki's Kharkhoda plant
Prime Minister Modi and his Japanese counterpart inaugurated Maruti Suzuki's expansive new manufacturing facility in Haryana, a significant investment bolstering India's automotive sector. This advanced plant, built with Industry 5.0 technologies and a focus on sustainability, marks a key step in the 'Make in India, Make for the World' initiative. The inauguration occurred during the India-Japan Economic Forum, highlighting deepening bilateral cooperation.
Prime Focus hits the roof after SEBI closes adjudication proceedings
Shares of Prime Focus hit the 5% upper circuit at Rs 245.85 after the Securities and Exchange Board of India (SEBI) closed adjudication proceedings against the company, its promoters, directors and chief financial officer.
Stock Alert: Wipro, Krishna Institute of Medical Sciences, Prime Focus, Nykaa
Shares of Kaynes Technology India are banned from F&O trading on 17 June 2026.
Prime Focus shares hit 5% upper circuit as Sebi halts proceedings in misleading financials case
Prime Focus shares were locked in 5% upper circuit after Sebi closed its investigation. The market regulator found the company used correct accounting for business transfers. Allegations of misleading financial statements and irregularities were unsubstantiated. Proceedings against the company and its directors have been dismissed. This decision impacts the company's financial reporting and market standing.
Stocks to watch: GIC, Wipro, Prime Focus among shares in focus today; check list here - Mint
Stocks to watch: GIC, Wipro, Prime Focus among shares in focus today; check list hereMint
Stocks in news: Prime Focus, Groww, GIC RE, Wipro, Nykaa
Indian benchmark indices traded with a positive bias, with the Nifty consolidating near the 24,000 mark and closing near its day's high. Several companies, including Prime Focus, GIC RE, Wipro, Groww, and Nykaa, were in focus due to significant news developments. These ranged from regulatory approvals and successful acquisitions to strategic AI collaborations and expansion into international markets.
Prime Focus gets relief as SEBI drops proceedings in accounting case
SEBI has disposed of proceedings against Prime Focus, its promoters and key executives after concluding that allegations relating to the accounting treatment of two business transfer transactions were not established.
Sebi drops proceedings against Prime Focus in misleading financials case
Sebi has closed adjudication proceedings against Prime Focus and its directors, ruling that the company correctly accounted for business transfers to indirect subsidiaries. The regulator found no evidence of misleading financial statements, accounting irregularities, anti-fraud violations or improper profit recognition.
Ranbir Kapoor-backed Prime Focus shares gain 2% after firm returns to black with Rs 82 crore net profit in Q4
Prime Focus shares saw a rise on Friday. The company reported a profit of Rs 82 crore for the fourth quarter of FY26. This marks a significant turnaround from a loss in the previous year. Revenue also jumped over 42 percent. The company is involved in a legal dispute regarding an insolvency petition.
Bagmane Prime Office REIT IPO: Focus shifts to allotment date. Latest GMP, step-by-step guide to check status
The Bagmane Prime Office REIT IPO allotment will be finalised on May 12, with shares credited to demat accounts on May 15. The IPO was oversubscribed 23.71 times, attracting significant investor interest. Refunds for non-allotted shares will begin on May 13.
Chalet Hotels, Lemon Tree to IHCL: Hotel stocks drop up to 3% on PM Modi's appeal
Shares of major hospitality companies fell over 2% on May 11 following Prime Minister Modi's call for a temporary pause on foreign travel. He urged citizens to focus on domestic tourism to support the local economy during the ongoing global crisis.