MosChip Technologies informed the stock exchanges that it secured a ₹509.37 crore contract from the Centre for Development of Advanced Computing (CDAC). The project duration is 3 years (4 years including support and maintenance). The contract is to develop a high-performance computing (HPC) SoC (System on a Chip) using state-of-the-art 5nm (nanometer) technology. The company …
Wipro Limited, a leading global technology services and consulting company, announced a significant expansion of its Wipro VisionEDGE+ solution. This enhanced offering, developed in collaboration with industry leaders Cisco, AT&T, and Amazon Web Services (AWS), positions Wipro VisionEDGE+ as a comprehensive retail transformation platform designed to unlock the true potential of retail media networks. Capitalising …
Poonawalla Fincorp Limited announced in a stock exchange filing that it achieved a significant milestone with Gross NPA (GNPA) below 1% and Net NPA (NNPA) below 0.5% as of May 31, 2024. The company continued to demonstrate robust financial performance, showing strong growth in AUM, profitability, and superior asset quality. As of March 2024, Poonawalla …
On June 3, 2024, JTL Industries Limited (JTL) announced in a stock exchange filing the completion of Phase 1 of expansion at its recently acquired subsidiary, Nabha Steels and Metals. The company stated their significant milestones in completing its capex plans for its subsidiary, Nabha Steels and Metals. Phase 1 of the expansion has been …
Signpost India Ltd., a leading out-of-home advertising company, and Bharat Petroleum Corporation Ltd. (BPCL), a premier Indian oil marketing company, announced a strategic collaboration to generate additional non-fuel revenue for BPCL. This partnership leverages Signpost India’s extensive network and innovative cloud-based platform to create a win-win situation for both companies. Expanding Reach and Revenue Streams …
Endurance Technologies Limited, a leading Indian automotive component manufacturer, announced a significant acquisition through its Italian subsidiary, Endurance Overseas Srl. Endurance has acquired a 100% stake in Ingenia Automation Srl (Ingenia), an Italian company specialising in industrial automation systems. Strengthening Automation Expertise The acquisition of Ingenia, headquartered in Turin, Italy, marks a strategic move for …
The benchmark index S&P BSE 500 opened today at 34,568.16 and made its day high at 34,634.55, and it is trading in green today, up by more than 2.5%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 10% today. Adani Power Ltd …
Puravankara Limited, a leading name in Indian real estate, has announced a significant expansion in Mumbai through its subsidiary, Purva Oak Private Limited. The company has acquired a prime land parcel of 12.75 acres in Patlipada, Thane, strategically located on Ghodbunder Road. Promising Development with High Growth Potential This strategic land acquisition boasts an estimated …
India happens to be the 3 largest automobile market in the world. From April 2022 to March 2023, the automobile industry produced a total of 25.93 million vehicles, which included passenger cars, commercial vehicles, tricycles, two-wheelers, and quadricycles. Given that it is the world’s largest tractor, 2nd largest bus, and 3rd largest heavy truck producer, …
Indian benchmark indices kicked off the trading session with a bang, soaring to record highs with robust gains. The surge attracted global investors following exit polls predicting a historic third-term victory for the BJP. Most sectors demonstrated resilience, while the power, utilities, energy, and capital goods sectors reached new heights. At 11:00 am, the BSE …
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