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Aditya Birla Renewables Raises ₹2,500 Crore Through NCDs

Aditya Birla Renewables Raises ₹2,500 Crore Through NCDs

25 September 2024

Aditya Birla Group’s renewable energy arm, Aditya Birla Renewables Limited (ABReL), has successfully secured ₹2,500 crore through a private placement of non-convertible debentures (NCDs). This significant funding boost will fuel the company’s expansion plans, reduce existing debt, and support general corporate activities. The NCD issue, underwritten by Grasim Industries, attracted strong interest from various mutual …

Tata Elxsi Achieves Milestone with World’s First RDK-B Integration on Qualcomm 5G FWA

Tata Elxsi Achieves Milestone with World’s First RDK-B Integration on Qualcomm 5G FWA

25 September 2024

Tata Elxsi Limited has announced the successful integration of the RDK-B software stack with Qualcomm® 5G FWA Gen 3 Platform, marking a significant advancement in fixed wireless access (FWA) technology. This pioneering integration provides operators with a pathway to deliver high-speed, reliable, and scalable FWA solutions. The incorporation of RDK-B middleware introduces essential features such …

TVS Motor Company Introduces New RONIN Edition and Festive Discounts

TVS Motor Company Introduces New RONIN Edition and Festive Discounts

25 September 2024

TVS Motor Company has unveiled a new addition to its highly popular TVS RONIN series, further enhancing the appeal of its modern-retro motorcycle range. The new version introduces a bold and striking Midnight Blue colour scheme, complemented by fluorescent green graphics, exclusively available on the top variant. This fresh design accentuates the unique modern-retro style …

NBCC arm bags Rs 1,261 crore contract to build AIIMS hospital in Darbhanga

NBCC arm bags Rs 1,261 crore contract to build AIIMS hospital in Darbhanga

24 September 2024

NBCC (India) Limited is a premier construction company in India, known for its expertise in the field of project management and consultancy services. The company has been involved in the construction of various iconic buildings and infrastructure projects across the country. With a strong focus on sustainability and innovation, NBCC has established itself as a …

Hampton Sky Realty – High Promoters Holding and FIIs Increasing Stake, Watch Out!

Hampton Sky Realty – High Promoters Holding and FIIs Increasing Stake, Watch Out!

24 September 2024

Hampton Sky Realty: A Real Estate Giant to Watch Hampton Sky Realty, based in Ludhiana, is not just another real estate company; it is pioneering Punjab’s first clean and green International Business Park—Hampton Court Business Park. The company has positioned itself as a prominent player in the real estate sector, especially after its exceptional financial …

G R Infraprojects Secures Rs.904 Crore Metro Construction Contract in Maharashtra

G R Infraprojects Secures Rs.904 Crore Metro Construction Contract in Maharashtra

24 September 2024

G R Infraprojects Ltd. has emerged as the lowest bidder for a major metro construction project worth Rs.904 crore, awarded by Maharashtra Metro Rail Corporation Ltd. in Nagpur. This substantial project involves designing and constructing an elevated metro viaduct extending 17.62 km, which includes two railway spans of 79 meters and 100 meters. Project Details …

Pondy Oxides and Chemicals approved raising up to Rs 250 crore via QIP

Pondy Oxides and Chemicals approved raising up to Rs 250 crore via QIP

24 September 2024

India’s top manufacturer of plastic additives, lead alloys, and lead oxides is Pondy Oxides and Chemicals Limited (POCL). incorporated as a public limited company in March 1995 by enterprising individuals. POCL is traded on the National Stock Exchange of India Limited and the Bombay Stock Exchange. Since its founding, POCL has expanded annually and developed …

Best Travel Stocks in September 2024 Based on Net Margin

Best Travel Stocks in September 2024 Based on Net Margin

24 September 2024

India is one of the most popular travel destinations worldwide, which has resulted in the Indian tourism and hospitality industry emerging as one of the key drivers of growth in the services sector in India. The Indian travel and tourism industry is likely to witness an annual growth rate of 7.1%. By FY27, the Indian …

How the Fed’s Rate Cut Could Change Your Investment Strategy Overnight!

How the Fed’s Rate Cut Could Change Your Investment Strategy Overnight!

24 September 2024

While many investors feel that the Indian stock market indices are expected to be bullish due to positive investor sentiment after the US Federal Reserve’s interest rate cut, let’s take a closer look at how experts view this much-anticipated event. Finally, the US Federal Reserve cut its policy rates by 50 bps in September 2024, …

SpiceJet Resolves Dispute with ELFC, Focuses on Growth

SpiceJet Resolves Dispute with ELFC, Focuses on Growth

24 September 2024

On September 24, 2024, SpiceJet Limited announced the successful resolution of its dispute with Engine Lease Finance Corporation (ELFC) through an amicable settlement.  ELFC had initially claimed $16.7 million, but the parties agreed on an undisclosed settlement amount that was lower than the original claim. This resolution signifies a crucial step in SpiceJet’s efforts to …

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