Modi set to unveil MMTS Ph-II routes & railway terminal in March

Shyam Metalics to Start Wagon Manufacturing at Kharagpur Plant

Shyam Metalics and Energy Limited, a leading Indian metal company, announced its entry into wagon manufacturing with a new greenfield facility at Kharagpur, West Bengal. The facility, developed by its subsidiary Ramsarup Industries Limited, is scheduled to commence operations by March 2026.The plant will be built in two phases, initially producing 2,400 wagons per year and eventually doubling to 4,800. It will manufacture various types of rolling stock, including flat, open, box, hopper covered, tank, and specialised wagons.Designed with sustainability in mind, the facility will feature roofto..

Star Housing Finance to Pursue Listing on NSE

Mumbai-based Star Housing Finance Limited (Star HFL), a BSE-listed company specialising in low-cost retail housing finance, has announced plans to initiate the listing of its equity shares on the National Stock Exchange of India Limited (NSE). The proposed listing is subject to fulfilling eligibility criteria and obtaining necessary regulatory approvals.Star HFL operates across several states including Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, National Capital Region and Tamil Nadu. The company provides long-term housing finance primarily to economically weaker sections and lower-income..

Ashok Leyland Declares Second Interim Dividend of Rs 4.25 Per Share

Chennai-based Ashok Leyland Limited, part of the Hinduja Group and a global commercial vehicle manufacturer, declared a second interim dividend of Rs 4.25 per equity share for the financial year ended 31 March 2025. The face value of each share is Rs one. Including this, the company has announced a total interim dividend of Rs 6.25 per share for FY25, representing 625 per cent of the face value. This reflects Ashok Leyland’s strong operational performance and robust financial position.The second interim dividend will be paid to eligible shareholders on or before 14 June 2025. The compan..