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Mahindra Lifespace Developers Invests ₹48.30 Crore in Ample Parks Project 1

Mahindra Lifespace Developers Invests ₹48.30 Crore in Ample Parks Project 1

2 August 2024

Mahindra Lifespace Developers Limited has announced a significant investment in Ample Parks Project 1 Private Limited (formerly known as Interlayer Two Warehousing Private Limited) as part of its ongoing strategic initiatives. In a stock exchange filing, the company disclosed that it had invested ₹7,99,92,000 towards the acquisition of 79,99,200 equity shares, each with a face …

Indegene Posts 11.4% Revenue Growth in Q1 FY25

Indegene Posts 11.4% Revenue Growth in Q1 FY25

2 August 2024

Indegene Limited, a leading digital-first commercialisation services company, released its financial results for the quarter ended June 30, 2024. The company achieved a revenue of ₹6,765 million in Q1 FY25, marking an 11.4% growth compared to Q1 FY24. Additionally, Indegene reported a robust EBITDA growth of 14.5% in Q1 FY25 over the same period last …

Borosil Renewables Establishes SAMA to Advocate for Solar Ancillary Industry

Borosil Renewables Establishes SAMA to Advocate for Solar Ancillary Industry

2 August 2024

On August 1, 2024, Borosil Renewables Limited, along with five other founding members, announced the formation of a new entity under Section 8 of the Companies Act, 2013. The newly established organisation is the Solar Ancillary Manufacturers’ Association (SAMA). It has been incorporated in Maharashtra, following the issuance of the Certificate of Incorporation by the …

Vaibhav Global Limited Reports 15% YoY Revenue Growth in Q1 FY25

Vaibhav Global Limited Reports 15% YoY Revenue Growth in Q1 FY25

2 August 2024

On August 1, 2024, Vaibhav Global Limited (VGL), which sells fashion jewellery, lifestyle products, apparel, and accessories through its own TV shopping channels and online platforms, revealed its financial results for the first quarter ending June 30, 2024. In the first quarter of FY25, Vaibhav Global Limited (VGL) saw a 15% year-over-year increase in revenue …

Kesar India Expands into Electric Power Transmission with New Subsidiary

Kesar India Expands into Electric Power Transmission with New Subsidiary

5 August 2024

Kesar India Limited has informed the stock exchanges about the incorporation of a wholly owned subsidiary named Kesar Green Power Private Limited (KGPPL) in Nagpur, Maharashtra, on August 2, 2024. This strategic move marks Kesar India Limited’s entry into the Electric Power Transmission sector, further diversifying its business operations. Kesar Green Power Private Limited has …

Bharat Forge Shares Decline Amidst Weak North American Truck Orders

Bharat Forge Shares Decline Amidst Weak North American Truck Orders

5 August 2024

Shares of Bharat Forge Ltd. experienced a notable decline of about 5% in Monday’s trade, following the latest data release on Class 8 Truck orders in North America. This marks the sharpest single-day fall for the stock since June 04, 2024, raising concerns among investors and market analysts. Class 8 Truck Orders Hit 15-Month Low …

Entero Healthcare Strengthens Market Presence with Three Key Acquisitions

Entero Healthcare Strengthens Market Presence with Three Key Acquisitions

5 August 2024

Entero Healthcare Solutions Limited recently informed the stock exchanges that its Board of Directors has approved the execution of definitive agreements to acquire three entities directly: Gourav Medical Agencies Private Limited (GMAPL), Sai Pharma Distributors Private Limited (SPDPL), and Srinivasa Lifecare Private Limited (SLPL). These acquisitions are strategic moves to expand Entero Healthcare’s footprint in …

JSW Energy Secures MSCI ESG A Rating

JSW Energy Secures MSCI ESG A Rating

5 August 2024

JSW Energy Limited informed the stock exchanges that it has achieved an impressive A rating for Environment, Social, and Corporate Governance (ESG) in the latest update from Morgan Stanley Capital International (MSCI). This rating highlights the company’s commitment to sustainability and responsible business practices, positioning it as one of the highest-rated companies among its domestic …

ZIM Laboratories Focuses on European and MENA Expansion

ZIM Laboratories Focuses on European and MENA Expansion

5 August 2024

ZIM Laboratories Limited, a prominent player in the pharmaceutical industry, recently made significant strategic moves to expand its global footprint. In a filing with the stock exchange, the company announced key decisions made by its Board of Directors to further its business interests in Europe and the MENA (Middle East and North Africa) region. Firstly, …

Waaree Energies Lands 90-MW Solar Module Deal for Bikaner Project

Waaree Energies Lands 90-MW Solar Module Deal for Bikaner Project

14 August 2024

Founded in 1999, Waaree Renewables Technologies Ltd specializes in generating power through renewable energy sources and offers related consultancy services. As one of India’s largest vertically integrated new energy companies, Waaree Energy stands out for its impressive solar panel manufacturing capabilities. With a massive production capacity of 12 gigawatts (GW) across its facilities in Chikhli, …

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