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Jio Financial has entered into a binding agreement with Allianz Group (Allianz), through its wholly owned subsidiary Allianz Europe BV, to form a 50:50 primary insurance joint venture (JV) covering general and health insurance to serve the rapidly expanding Indian insurance sector.The JV will commence operations upon receiving the necessary statutory and regulatory approvals. Jio Financial and Allianz are also working towards a separate binding agreement for the life. Positive
Jio Financial Serv (₹ 238.85 0.14% )
23 Apr 2026, 9:43AM
Unimech Aerospace and Manufacturing Ltd: Announced a major strategic investment of up to ₹450 crore to acquire Hobel Bellows, a specialized manufacturer of metallic bellows and precision-engineered assemblies. specializes in manufacturing metallic bellows, expansion joints, flexible tubing components, and precision-engineered assemblies. The company operates from an approximately 180,000 sq. ft. manufacturing facility at Duvvada SEZ, Visakhapatnam, with strong export orientation serving nearly 90% international markets. Positive read through. Positive
Unimech Aerospace (₹ 1036.75 3.85% )
23 Apr 2026, 9:38AM
Persistent Systems: Profit zooms 33.7% to Rs 529.3 crore Vs Rs 395.8 crore. Revenue grows 25.1% to Rs 4,055.9 crore Vs Rs 3,242.1 crore. EBIT jumps 30.4% to Rs 659.2 crore Vs Rs 505.3 crore. Margin expands to 16.25% Vs 15.58%. Board announces dividend of Rs 18 per share for FY26.
Persistent Systems (₹ 5045.7 -0.54% )
22 Apr 2026, 12:04PM
Karnataka Bank: The bank has entered into a strategic partnership with Pine Labs, a provider of point-of-sale (PoS) solutions. Through this partnership, the bank aims to strengthen digital payment options for its customers
Karnataka Bank (₹ 248.95 -0.67% )
22 Apr 2026, 11:18AM
Tata Steel has informed the exchanges that it has entered into definitive agreements with Paul Wurth S.A. (Luxembourg), part of SMS Group GmbH, to implement the world’s first EASyMelt (electrically assisted syngas smelter) technology. Tata Steel intends to proceed with the first industrial demonstration of this technology in the ‘E’ Blast Furnace (649 m3 ) at its Jamshedpur Works, in a phased manner. The project aims to cut CO2 emissions by more than 50 % compared to the blast furnace’s baseline operation.
Tata Steel (₹ 211.7 -0.62% )
22 Apr 2026, 10:22AMTWEETS BY @Sharekhan
