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Gensol Powers Up FY25 with Robust ₹1,783 Crore Order Book

10 April 2024

Gensol Engineering Limited, a prominent player in India’s renewable energy landscape, has announced a strong start to the new fiscal year (FY25) with a significant order book valued at ₹1,783 crore (approximately USD 214 million) secured as of April 10, 2024. This impressive figure signifies not only a promising year ahead for Gensol but also …

Ramco System Strengthed Its Global Presence By Partnering With Korean Air

10 April 2024

Global aviation software expert Ramco Systems Ltd. announced on April 10, 2024, that it has entered into a strategic partnership with Korean Air, the nation’s flag carrier and biggest airline, to install its flagship product, Ramco Aviation Suite, at the engine maintenance centre. The official announcement of this association was made during MRO Americas 2024 …

Exide Industries Drives Towards Sustainability with Acquisition in Solar Power

10 April 2024

Exide Industries Limited, a leading name in the automotive battery industry in India, has taken a significant step towards a greener future. On April 9, 2024, they announced the acquisition of a 26% equity stake in Clean Max Arcadia Private Limited, a Special Purpose Vehicle (SPV) promoted by Clean Max Enviro Energy Solutions Pvt Ltd. …

Sun Pharma Announces Results of Interim Analysis From PROSEEK Study

10 April 2024

Sun Pharma Advanced Research Company Ltd. (SPARC) recently disclosed the results of an interim analysis from the PROSEEK study on April 10, 2024. This global Phase 2 clinical trial investigated the efficacy and safety of Vodobatinib, a potential treatment for patients in the early stages of Parkinson’s Disease. PROSEEK Study Design The PROSEEK study was …

Paytm Payments Bank MD and CEO Resigns: What are the Market Sentiments Like?

10 April 2024

Paytm Payments Bank, a key unit of Paytm, listed as One 97 Communications, has been navigating through a period of significant leadership and regulatory challenges. The recent announcement of CEO and Managing Director Surinder Chawla’s resignation due to personal reasons marks another pivotal moment for the company, Surinder Chawla’s departure, effective from June 26, comes …

These 3 stocks from BSE 500 jumped over 6% today; do you own any?

10 April 2024

The benchmark index S&P BSE 500 opened today at 32,980.46 and made its day high at 33,008.26, and it is trading in green today, up by around 0.40%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. NMDC Steel Ltd Shares …

Lemon Tree Hotels Scales New Heights with Nepal Debut and 10,000th Room

10 April 2024

On April 10, 2024, the growing Hotel chain Lemon Tree Hotels Limited announced its entry into Nepal with the opening of Lemon Tree Premier in Budhanilkantha, Kathmandu. This momentous occasion not only marks Lemon Tree’s expansion into a new market but also signifies an impressive achievement—surpassing a landmark inventory of 10,000 rooms across its portfolio. …

Aether Industries Achieved Milestone With Operations At its Pilot Plant

10 April 2024

Novoloop, a plastic circular economy technology company, has achieved a significant milestone in its mission to revolutionise plastic recycling. They proudly announce the successful startup and transition to continuous operations at their pilot plant in Surat, India. This accomplishment, achieved in collaboration with Aether Industries Limited, a prominent publicly-listed speciality chemicals manufacturer, marks a critical …

Multibagger IT Stock OFSS: Bearish Reversal Pattern Signals Caution!

10 April 2024

Indian markets opened on a positive note today, with the Nifty 50 index reaching a high of 22727.25. However, profit booking ensued at higher levels, leading to a partial retracement from the day’s peak. Currently, the index is trading in the green, albeit with some erosion of its earlier gains. In terms of sectoral performance, …

Shyam Metallics Growing Operational Capabilities With Significant CAPEX

10 April 2024

One of the leading and fastest-growing metals manufacturing companies, Shyam Metalics and Energy Ltd, recently announced the establishment of a new Stainless Steel Hot-Rolled Coil (HRC) facility at its existing plant in Sambalpur, Odisha. This development is part of its expansion plan, which was approved by the Board of Directors on July 27, 2023. The …

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