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Bajaj Finserv Reports 10% Increase In Q1 FY25 Net Profit; Stock Trades 2.2% Down

Bajaj Finserv Reports 10% Increase In Q1 FY25 Net Profit; Stock Trades 2.2% Down

24 July 2024

Bajaj Finserv Ltd. serves as the holding company for the diverse financial services businesses within the Bajaj group. Catering to millions of customers, Bajaj Finserv offers a comprehensive range of financial solutions, including asset acquisition through financing, asset protection via general insurance, and family and income protection through life and health insurance. Additionally, it provides …

Antony Waste (AWHCL) Shares Soar 20% in 2 Days Post-Budget Boost

Antony Waste (AWHCL) Shares Soar 20% in 2 Days Post-Budget Boost

24 July 2024

Antony Waste Handling Cell Ltd. has experienced a remarkable surge in its share prices, rallying over 20% in just two trading sessions. The stock climbed by 16.5% today, reaching an all-time high of Rs.808.8. This increase follows a 3% rise on Tuesday and a 14% gain on Monday, marking a substantial three-day gain of more …

ICICI Lombard Acquires 0.01% Stake in Reliance Industries

ICICI Lombard Acquires 0.01% Stake in Reliance Industries

24 July 2024

On July 23, 2024, ICICI Lombard General Insurance Company Limited announced via a stock exchange that it had acquired a 0.01% shareholding in Reliance Industries Limited. Objective of Acquisition Regarding the objective of the acquisition, the company stated it as part of ICICI Lombard’s regular business activities. Acquisition Details Related Party Transaction The investment in …

EKI Energy Services Reports Strong Q1 FY24-25 Results

EKI Energy Services Reports Strong Q1 FY24-25 Results

24 July 2024

On July 23, 2024, EKI Energy Services Limited (EKI), a top global provider of carbon credits, announced its financial results for the first quarter of 2024-25. The company saw a boost in revenue to ₹136.20 crore, thanks to its new focus on power trading. EKI is also investing in efforts to reduce carbon emissions, including …

IHCL Updates SSHA with SATS Ltd; Taj SATS Reclassified as IHCL Subsidiary

IHCL Updates SSHA with SATS Ltd; Taj SATS Reclassified as IHCL Subsidiary

24 July 2024

Indian Hotels Company Ltd (IHCL) has announced the execution of an amended Subscription cum Shareholders Agreement (SSHA) with SATS Ltd (SATS) and Taj SATS Air Catering Limited (Taj SATS) on July 23, 2024. The SSHA, originally established on September 25, 2001, was designed to regulate the relationship between IHCL and SATS and to address various …

KIMS Announces Merger of Rajyalakshmi and Sarvejana Healthcare

KIMS Announces Merger of Rajyalakshmi and Sarvejana Healthcare

24 July 2024

Krishna Institute of Medical Sciences Limited (KIMS) has announced the approval of the proposed merger between its step-down wholly-owned subsidiary, Rajyalakshmi Healthcare Private Limited (RHPL), and its holding company, Sarvejana Healthcare Private Limited (SHPL). The merger was sanctioned by the boards of both companies on July 22, 2024. Rajyalakshmi Healthcare Private Limited, the transferor company, …

Schaeffler India Sees 13.3% Revenue Growth in Q2 2024

Schaeffler India Sees 13.3% Revenue Growth in Q2 2024

24 July 2024

Schaeffler India Limited announced that the Board of Directors approved the results for the second quarter and half year ended June 30, 2024. April – June 2024 (2nd Quarter) The company’s revenue from operations (net) for Q2’24 was ₹20,719 million, 13.3% higher than the corresponding quarter of 2023 and 12.0% higher than the preceding quarter …

Infosys Invests €5.0M in German VC Firm UVC Partners

Infosys Invests €5.0M in German VC Firm UVC Partners

24 July 2024

Infosys Ltd has announced a strategic investment in UVC Partners, a prominent venture capital fund based in Germany, committing €5.0 million. This move is part of Infosys’ broader strategy to enhance its capabilities in artificial intelligence (AI) and deep technology, areas that are increasingly integral to its clients’ digital transformation efforts. The investment will be …

Bajel Projects Secures ₹586.28 Crore PowerGrid Contract for Beawar-Mandsaur Line

Bajel Projects Secures ₹586.28 Crore PowerGrid Contract for Beawar-Mandsaur Line

24 July 2024

In a stock exchange filing, Bajel Projects Limited recently announced that the company has secured a significant contract from PowerGrid Corporation of India Limited (PowerGrid). This contract has been awarded for the supply of goods and services related to the Beawar-Mandsaur Transmission Line Project in Rajasthan. The specific entity on whose behalf PowerGrid awarded the …

Ester Industries Introduces ELITe for Sustainable Manufacturing

Ester Industries Introduces ELITe for Sustainable Manufacturing

24 July 2024

Ester Industries Limited, in a recent stock exchange filing, announced the incorporation of ESTER LOOP INFINITE TECHNOLOGIES PRIVATE LIMITED (ELITe) as a wholly-owned subsidiary. This development follows the execution of a Joint Venture Agreement dated May 1, 2024, between Ester Industries Limited (EIL) and Loop Industries Inc. (Loop). ELITe was officially incorporated in India on …

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