On August 14, 2024, Paras Defence and Space Technologies Limited, one of the leading manufacturers of defence and space engineering products, announced that its associate company, Controp-Paras Technologies Private Limited, has received an order from Larsen and Toubro Limited worth ~₹305 crore (plus taxes). As per the terms of the contract, Controp-Paras Technologies Private Limited …
CE Infosystems Ltd., the company behind MapMyIndia, is optimistic about its business prospects, particularly its Internet of Things (IoT) and maps segments, after reporting strong first-quarter results for FY25 as the company has achieved over Rs 100 crore in revenue. Despite quarterly fluctuations in revenue, CEO Rohan Verma mentioned that the company is on track …
The passing away of Dalal Street mogul Rakesh Jhunjhunwala back in August has reignited the debate about who will sit on the ‘Big Bull’ throne. Rakesh Jhunjhunwala’s Journey to Rs. 32,000 crores Born in 1960 and trained as a chartered accountant by profession, Rakesh Jhunjhunwala entered the Indian markets with only Rs. 5,000. He initiated …
Are you looking for reliable stocks that are giving better returns than the stock market average? Perhaps we could help you narrow down your search. It is important to judge a stock or a portfolio not just by the absolute returns but also by the degree to which it gives you returns higher than the …
Starting as a steel trading venture in 1945 by the name of Mahindra & Muhammad, the Mahindra & Mahindra group has come a long way today. Following its motto ‘To Rise’, the M&M group has expanded its operations to 22 industries in 100+ countries and is a leading multinational automotive manufacturing company. About Anand Mahindra …
5G is about to debut in the Indian market. It means there will be a significant demand for 5G stocks. 5G is the fifth generation of mobile networks. It will be able to connect everything and is expected to revolutionise mobile connectivity and user experience. The Department of Telecommunications (DoT) in India approved on May …
The Indian aviation industry is currently in flux with the arrival of Rakesh Jhunjhunwala’s Akasa Air to an already highly competitive market. The industry is expected to become more chaotic now that the government has removed the cap and floor on airfares for airlines. This is likely to ignite a price war among the air …
On June 30, 2024, Manganese Ore India Limited (MOIL), India’s leading producer of manganese ore, announced a revised price structure for various grades of manganese ore effective July 1, 2024. This move reflects MOIL’s strategy to adapt to evolving market dynamics. Targeted Price Increases for High-Grade Ore The revised prices see a strategic increase of …
When it comes to investing your hard-earned money, choosing the right companies can make all the difference. Investing in the largest companies in India by market cap can be a good option if you want to diversify your portfolio or earn stable returns. Large companies are the backbone of India’s economic growth today. They have …
Cash-strapped telecom operator Vodafone Idea Limited (VIL) has announced a Follow-on Public Offer (FPO) aiming to raise ₹18,000 crore. This crucial fundraising effort, announced on April 10, 2024, comes at a critical juncture for VIL, aiming to bolster its financial standing and fuel future growth in India’s fiercely competitive telecom market. Navigating a Challenging Landscape …
