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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.
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 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.
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.
NCLT admits insolvency plea against Prime Focus over Rs 353.79 crore claim, company challenges order in NCLAT
The National Company Law Tribunal has admitted an insolvency petition against Prime Focus Ltd. Reliance Alpha Services Pvt Ltd filed the petition. Prime Focus is disputing the claim. The company has approached the National Company Law Appellate Tribunal for relief. Prime Focus's business operations continue as usual. The company is involved in global VFX and post-production services.
NCLT admits insolvency plea against Prime Focus over ₹353.79 crore debt; company moves NCLAT
NCLT admits Reliance Alpha Services insolvency plea against Prime Focus over 353.79 crore loan, Prime Focus appeals to NCLAT, says no disbursal, operations continue, shares rise
India’s I&B sector FDI gains in 9M FY26 despite lower Q3 inflows
Foreign direct investment in India's information and broadcasting sector saw a sharp quarterly decline in Q3 FY26, yet cumulative inflows for the first nine months rose significantly. This overall increase was propelled by substantial investments in major players like Prime Focus, alongside several smaller but notable transactions across the industry.
'Ramayana' impact: Ranbir Kapoor-backed smallcap stock rallies 320% in one year, should you buy?
Prime Focus shares have surged over 320% in a year, fueled by excitement for Ranbir Kapoor's upcoming 'Ramayana' film. The production house, known for its visual effects, is anticipating a massive Rs 1,000 crore OTT deal for the two-part epic. Kapoor himself invested significantly in the company last year.
Buzzing Stocks: DOMS Industries falls as FILA plans 7% stake sale; SEBI relief lifts Prime Focus shares
Dixon Technologies share price jumped 4 percent after global brokerage JPMorgan reiterated its 'Overweight' rating on the stock and maintained a target price of ₹12,700.