In the latest stock exchange filing, Asian Paints announced its Q1 FY 2025 financial results, revealing a mixed performance across its various business segments. The company’s consolidated net sales declined by 2.3%, dropping to ₹8,943.2 crore in the quarter ended June 2024 from ₹9,153.8 crore in the same period last year. This decline was reflected …
TVS Motor Company announced through a stock exchange filing that Norton Motorcycles, now under its umbrella, revealed ambitious investment and growth plans aimed at positioning the brand for international expansion. At the Goodwood Festival of Speed, Norton’s senior leadership team, including Sudarshan Venu, Dr Robert Hentschel, and Richard Arnold, emphasised their vision for the brand …
Radico Khaitan Limited has announced in a stock exchange filing the introduction of the award-winning Sangam World Malt Whisky to the Indian market. The company stated that Sangam was launched just a year ago and has already earned international acclaim. Its debut in India marks a significant milestone in its remarkable journey. Whisky enthusiasts across …
Vikas Lifecare Limited has provided an update on its acquisition deal involving Ebix Inc., announced in a recent stock exchange filing. The acquisition, spearheaded by a consortium led by Eraaya Lifespaces Limited, involves a significant financial commitment aimed at acquiring 100% of the equity in Ebix Inc. The consortium, which includes Vikas Lifecare Limited as …
UltraTech Cement Ltd has announced in a stock exchange filing that it has entered into a Power Purchase Agreement and a Share Subscription and Shareholders Agreement to acquire a 26% equity stake in Amplus Omega Solar Private Limited. Amplus Omega Solar is involved in generating and transmitting renewable energy. This aligns with UltraTech’s strategic goals …
On July 16, 2024, Exide Industries Limited announced an investment of ₹74,99,99,988 in its wholly-owned subsidiary, Exide Energy Solutions Limited, through a rights issue. This brings Exide Industries’ total investment in EESL to ₹2577.24 crore. Nature of Acquisition and Related Party Transaction Exide Energy Solutions Limited (EESL), as a wholly owned subsidiary of Exide Industries …
Axis Bank Limited, previously known as UTI Bank, is a major Indian multinational bank and financial services provider which ranks as the third-largest private sector bank in India by assets and the fourth-largest by market capitalization. Market Expectations Axis Bank is anticipated to report strong growth in its Q1FY25 results, along with a rise in …
On July 18, 2024, Central Bank of India Ltd announced financial results for the quarter ended June 30, 2024. Performance Highlights On Year On Year Basis Central Bank of India Ltd showed notable growth across various metrics in the latest financial results. Total business expanded by 8.97% to reach ₹ 6,35,564 crore, up from ₹ …
On July 18, 2024, Sterling and Wilson Renewable Energy Limited (SWREL), a leading renewable energy EPC company, announced impressive results for Q1 FY25 with a 78% YoY revenue growth. The company secured strong order inflows of ₹2,170 crore, highlighting its commitment to excellence and customer satisfaction. After a strong revenue rebound in Q4 FY24, SWREL …
On July 17, 2024, Glenmark Pharmaceuticals Ltd announced via a stock exchange filing that it had received final approval from the U.S. FDA for its Topiramate Capsules USP, available in 15 mg and 25 mg doses. These capsules are equivalent to Topamax® Capsules by Janssen Pharmaceuticals, Inc., and will be sold in the U.S. by …
