Droneacharya Aerial Innovations Limited, a prominent drone-related solution provider company that provides a high-end ecosystem, has made a significant announcement regarding the franchise deal signed by the company. As detailed in the official report, Droneacharya recently entered into a franchise agreement with Wollstone Capital SA, a Switzerland-based private investment holding company. The primary objective of …
Infosys, the second-largest IT company in terms of market capitalization and a prominent player in next-gen digital services, has revealed an extended strategic partnership with NVIDIA. The shared objective is to assist enterprises across the globe in achieving increased productivity through the implementation of generative AI applications and solutions. The expanded partnership will introduce the …
On September 19, 2023, the Telecom Regulatory Authority of India (TRAI) issued recommendations for the “Rationalization of Entry Fee and Bank Guarantees” in the telecom sector. This initiative came in response to a reference made by the Department of Telecommunication (DoT) on March 3, 2022, seeking the rationalization of entry fees and bank guarantees associated …
An Overview The Central Bank stated that it has retained the Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited Advisory Committees (SEFL). The RBI created a three-member Advisory Committee on October 4 to help Rajneesh Sharma, Administrator of Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL), in carrying out his …
An important announcement in Budget 2021 was that the government would divest its stake in two public sector banks (PSBs) and a general insurance company. The Finance Minister also announced that the divestment of IDBI Bank would be completed in the coming fiscal. The disinvestment target for FY 2021-22 has been pegged at Rs 1.75 …
Infrastructure is one of the important sectors for Indian GDP growth. Especially with a gearing effect of 10x on the creation of opportunities in the sector. However the infrastructure sector has been under performing over a decade, everyone would like to know what the factors behind under performance are? It is stated that, “If you want to …
The shares of Medplus Health Services made their debut today on both the stock exchanges, BSE and NSE. On the National Stock Exchange, they listed at Rs. 1040 and started trading higher since the first trade. It gave a similar performance in early trading hours on the Bombay Stock Exchange as well after listing at …
Stock Market Holidays The Indian stock exchanges have announced a list of stock market holidays for 2022. According to the Bombay Stock Exchange website, there will be 13 trade holidays in 2022, unlike in 2021, when there were 14 trading holidays. The Bombay Stock Exchange, or BSE Limited, is an Indian stock exchange on Dalal …
When we hear the word ‘inflation,’ it often stirs up a lot of discussion and attention. Let’s break it down in simple terms: Inflation: Inflation is the rate at which the prices of goods and services increase over time. When inflation is high, the purchasing power of money decreases, meaning that people can buy fewer …
India-based Adani Group is in talks with global banks to refinance a $3.5 billion loan. If it finalises, it will become Asia’s one of the most significant syndicated loans in a year. Adani Group, led by billionaire Goutam Adani, is looking at refinancing options for a debt taken by the group to purchase Ambuja Cement. …
