AU Small Finance Bank Limited is an Indian scheduled commercial small finance bank and India’s largest tech-led small finance bank, based in Jaipur. It was founded as a vehicle finance company and NBFC, AU Financiers (India) Ltd in 1996 and converted into a full-fledged small finance bank on 19 April 2017. The Bank is engaged …
On June 24, 2024, Zee Entertainment Enterprises announced via a stock exchange filing that Zee Media Kenya Limited, a wholly owned step-down subsidiary of Zee Entertainment Enterprises Limited, has been incorporated in Kenya. The Registrar of Companies in Kenya has approved the incorporation of ZMKL. Zee Media Kenya Limited is a wholly owned step-down subsidiary …
Introduction Amara Raja has entered a strategic technological licensing agreement (TLA) with GIB EnergyX Slovakia, a subsidiary of Gotion High-Tech Co. Ltd. This agreement grants Amara Raja the license to utilize LFP (Lithium Iron Phosphate) battery technology, allowing the company to manufacture cells in both cylindrical and prismatic form factors. Expanding Technological Capabilities The TLA …
On July 3, 2024, Club Mahindra announced that its resorts in Kumbhalgarh, Ooty, and Madikeri achieved Platinum certifications from the Indian Green Building Council. The Udaipur resort earned Gold certification. These accolades highlight Club Mahindra’s commitment to sustainability, aiming for carbon neutrality by 2040. Impressive Scores The Madikeri resort scored 87 out of 100, demonstrating …
On Wednesday, the market surged to a record high as banks saw major buying. The Nifty, Sensex, and Nifty Bank all hit fresh life highs. The Sensex crossed 80,000 for the first time, rising to 80,074.30, and the Nifty climbed to 24,309.15. Remarkably, the Sensex took just 138 days to ascend from 70,000 to 80,000, …
Awfis Space Solutions, a leading player in India’s flexible workspace market, was listed on the stock exchanges in May 2024. The IPO, sized at ₹598.93 crore, aimed to raise fresh capital and provide existing investors with an exit route. IPO Performance and Market Demand The IPO garnered significant attention due to India’s demand for flexible …
During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. MMTC Ltd MMTC Ltd’s stock is currently trading at Rs 85.33, showing a notable increase of 7.66% from the previous close of Rs 79.26. The stock has hit a high of Rs 91 …
On July 2, 2024, Dynacons Systems & Solutions Ltd announced a significant achievement by securing a prestigious project valued at Rs. 119 Crores from the Central Bank of India. This project entails supplying, implementing, and maintaining private cloud infrastructure, backup solutions, and supporting applications at the bank’s Data Center (DC) and Disaster Recovery Center (DRC). …
Founding and Early Milestones Dr. Reddy’s Laboratories (DRL) was established by the visionary Promoter and Founder Chairman, Late Dr. K. Anji Reddy. Market Presence The company offers a diverse portfolio of pharmaceutical products and services, including generics, active pharmaceutical ingredients (APIs), custom pharmaceutical services, biosimilars, and differentiated formulations. DRL’s operations are divided into three key …
On July 02, 2024, Kotak Mahindra Bank (KMB) issued a clarification regarding a show-cause notice received from the Securities and Exchange Board of India (SEBI). SEBI Notice and Allegations On July 02, 2024, KMB clarified that SEBI had actually issued the show cause notice on June 26, 2024. The notice pertains to short selling Adani …
