Bajaj Finserv Ltd. serves as the holding company for the diverse financial services businesses within the Bajaj group. Catering to millions of customers, Bajaj Finserv offers a comprehensive range of financial solutions, including asset acquisition through financing, asset protection via general insurance, and family and income protection through life and health insurance. Additionally, it provides …
Record-Setting Performance M-Cap Crossed Rs 1 Lakh Crore Diageo-controlled liquor maker, United Spirits Ltd, achieved a significant milestone on Wednesday as its stock price surged by over 5%, reaching a new all-time high of Rs 1,417.3 on the NSE. This upward movement pushed the company’s market capitalisation beyond the Rs 1 lakh crore mark. Financial …
Antony Waste Handling Cell Ltd. has experienced a remarkable surge in its share prices, rallying over 20% in just two trading sessions. The stock climbed by 16.5% today, reaching an all-time high of Rs.808.8. This increase follows a 3% rise on Tuesday and a 14% gain on Monday, marking a substantial three-day gain of more …
On July 23, 2024, ICICI Lombard General Insurance Company Limited announced via a stock exchange that it had acquired a 0.01% shareholding in Reliance Industries Limited. Objective of Acquisition Regarding the objective of the acquisition, the company stated it as part of ICICI Lombard’s regular business activities. Acquisition Details Related Party Transaction The investment in …
On July 23, 2024, EKI Energy Services Limited (EKI), a top global provider of carbon credits, announced its financial results for the first quarter of 2024-25. The company saw a boost in revenue to ₹136.20 crore, thanks to its new focus on power trading. EKI is also investing in efforts to reduce carbon emissions, including …
Indian Hotels Company Ltd (IHCL) has announced the execution of an amended Subscription cum Shareholders Agreement (SSHA) with SATS Ltd (SATS) and Taj SATS Air Catering Limited (Taj SATS) on July 23, 2024. The SSHA, originally established on September 25, 2001, was designed to regulate the relationship between IHCL and SATS and to address various …
Krishna Institute of Medical Sciences Limited (KIMS) has announced the approval of the proposed merger between its step-down wholly-owned subsidiary, Rajyalakshmi Healthcare Private Limited (RHPL), and its holding company, Sarvejana Healthcare Private Limited (SHPL). The merger was sanctioned by the boards of both companies on July 22, 2024. Rajyalakshmi Healthcare Private Limited, the transferor company, …
Schaeffler India Limited announced that the Board of Directors approved the results for the second quarter and half year ended June 30, 2024. April – June 2024 (2nd Quarter) The company’s revenue from operations (net) for Q2’24 was ₹20,719 million, 13.3% higher than the corresponding quarter of 2023 and 12.0% higher than the preceding quarter …
Infosys Ltd has announced a strategic investment in UVC Partners, a prominent venture capital fund based in Germany, committing €5.0 million. This move is part of Infosys’ broader strategy to enhance its capabilities in artificial intelligence (AI) and deep technology, areas that are increasingly integral to its clients’ digital transformation efforts. The investment will be …
In a stock exchange filing, Bajel Projects Limited recently announced that the company has secured a significant contract from PowerGrid Corporation of India Limited (PowerGrid). This contract has been awarded for the supply of goods and services related to the Beawar-Mandsaur Transmission Line Project in Rajasthan. The specific entity on whose behalf PowerGrid awarded the …
