Emcure Pharmaceuticals Ltd and its subsidiary Gennova Biopharmaceuticals Limited have announced a pivotal agreement with Sunsure Energy, one of India’s leading renewable energy providers. The partnership involves a 22.78 MWp DC Solar Power Purchase Agreement (PPA), marking a significant move towards sustainability for both companies. Under this agreement, Emcure and Gennova will source ~36 million …
DLF Ltd announced financial results for Q1 FY 2025. The company stated that it remains on track to achieve its short-term and long-term business goals. In Q1 FY2025, the company reported impressive new sales bookings of ₹6,404 crore, reflecting a year-over-year (YoY) growth of 214%. Consolidated revenue for the quarter was ₹1,730 crore, up by …
Jupiter Wagons Limited, which offers comprehensive mobility solutions including road, rail, and marine transportation, has announced its financial results for Q1 FY 2025. Financial Highlights for Q1 FY2025 The company reported total income for Q1 FY2025 was ₹90,219 lakh, marking a 19.4% increase year-over-year (YoY). EBITDA for Q1 FY2025 reached ₹12,886 lakh, up 32.4% YoY, …
Texmaco Rail & Engineering Limited has announced that it has entered into definitive agreements with JRIL, JITF Urban Infrastructure Services Limited, and Siddeshwari Tradex Private Limited, to acquire 100% of Jindal Rail & Infrastructure Limited (JRIL). The acquisition, valued at ₹615 crore in cash, is subject to closing adjustments as outlined in the agreements. JRIL’s …
On July 25, 2024, Mankind Pharma Limited announced that it had signed a definitive agreement to acquire Bharat Serums and Vaccines Limited (BSV) from Advent International for about ₹13,630 crore, pending closing adjustments. Mankind Pharma will acquire a 100% stake in BSV by purchasing 73,086 equity shares. The acquisition does not qualify as a related …
On July 25, 2024, Cupid Limited, a leading contraceptive and personal wellness brand, announced that it has expanded its online presence on major Indian e-commerce platforms like Amazon, Flipkart, and 1mg. This strategic move aims to make Cupid’s high-quality products more accessible to customers nationwide, emphasising the company’s dedication to health and well-being. Now, consumers …
In the world of investing, certain sectors offer a blend of stability and growth potential that can appeal to seasoned investors and newcomers alike. One such sector is the cement industry. As a fundamental component of construction and infrastructure, cement plays a crucial role in shaping our built environment—from towering skyscrapers and sprawling residential communities …
Gensol Engineering Ltd, a leading player in solar power EPC services and electric mobility, has secured a significant order valued at ₹463 crore. The project involves the engineering, design, procurement, erection, testing, and commissioning a 500 MW solar plant at the Khavda Renewable Energy Power Park in Gujarat. This state-of-the-art solar plant will feature a …
ITC Limited is an Indian multi-industry company headquartered in Kolkata. It has a presence across six different business segments, namely fast-moving consumer goods (FMCGs), hotels, agribusiness, information technology, paper products, and packaging. It generates a plurality of its revenue from tobacco products. ITC Ltd. currently holds the position of the second-largest FMCG company in India …
KEC International Ltd., a flagship company of the RPG Group, is involved in infrastructure engineering, procurement, and construction (EPC) with a presence across various sectors including power transmission and distribution, railways, civil, urban infrastructure, solar, oil & gas pipelines, and cables. The company has recently announced fundraising plans of around Rs.6000 Cr. Fundraising Plans In …
