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SBI Cards | The company said it has declared an interim dividend of ₹2.50 per share (25% of the face value ₹10) for the financial year 2024-25. The record date for dividend eligibility is February 25, 2025, with payments to be processed by March 18, 2025. Additionally, the board has approved the appointment of Salila Pande as the company’s managing director and CEO, effective April 1, 2025, for a two-year term.

GMR Airports | The company reported an 11% year-on-year (YoY) increase in passenger traffic for January 2025, reaching 1.06 crore, though it slipped 2% on a month-on-month (MoM) basis. The airport operator also recorded a 9% YoY rise in aircraft movements, totalling 63,767, but a marginal 1% dip compared to December. Domestic passenger traffic grew 11% YoY, while international traffic surged 12.4% YoY, reflecting steady demand for air travel across key routes.

Zomato | Food tech firm introduced Nugget, an AI-native, no-code customer support platform designed to help businesses scale support operations efficiently. The platform automates up to 80% of queries, learns and adapts in real-time, and requires no coding expertise, eliminating the need for a dedicated development team.

Anant Raj | Realty firm said its wholly-owned subsidiary Anant Raj Cloud Private Ltd has signed an agreement with CSC Data Services India Ltd (CDSIL), a subsidiary of CSC E-Governance Services India Ltd. The partnership aims to offer and promote rack rental (co-location data centres) and cloud services to government departments and private organisations.

Bharti Airtel | The company is set to execute a block deal tomorrow, February 18, 2025, where its promoter entity, Indian Continent Investment Limited, will sell approximately 0.8% of its stake in the telecom giant, a term sheet showed on Monday. The shares will be offered at ₹1,658.80 each, reflecting a 1% discount to the last close price of ₹1,675.55 per share on February 17, 2025.

ABB India | Electrification and automation major reported a 56% year-on-year (YoY) jump in net profit at ₹528.4 crore for the fourth quarter that ended December 31, 2024, over ₹338.7 crore in Q4FY24. Revenue from operations for the quarter increased 22% to ₹3,364.9 crore against ₹2,757.5 crore in the year-ago period.

Uno Minda | Auto components maker said it has signed a joint venture agreement with Suzhou Inovance Automotive Co Ltd and its wholly-owned subsidiary, Inovance Automotive (HK) Investment Co Ltd, for the development and manufacturing of high-voltage EV powertrain products for passenger and commercial vehicles.

Deepak Fertilisers | The company said its wholly-owned subsidiary, Deepak Mining Solutions Ltd (DMSL), has increased its stake in Platinum Blasting Services Pty Ltd, an Australian subsidiary, from 65% to 85%. The transaction, valued at AUD 11.78 million (₹64.1 crore), involved purchasing shares from existing shareholders. Platinum Blasting Services, a dividend-paying subsidiary, provides mining solutions across the value chain.

KIMS | Hospital chain said it has entered into an operations and management agreement with Ushahkal Abhinav Institute of Medical Sciences (UAIMS Hospital), Sangli, Maharashtra, for an initial term of seven years, extendable by another three years. Under the agreement, KIMS will have the exclusive right to provide medical services for the hospital’s current and future operations.
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