On July 18, 2024, Zensar Technologies Limited announced via a stock exchange filing that its wholly owned subsidiary Zensar Technologies Inc., USA, has signed an agreement to acquire 100% ownership of BridgeView Life Sciences, LLC. Objectives and Impact of Acquisition The acquisition aims to bolster Zensar’s Healthcare and Life Sciences vertical. It enhances Zensar’s capabilities …
About Award Tejas Networks, a leading Indian telecom and networking company, has been conferred the prestigious Pandit Deendayal Upadhyaya Telecom Excellence Award-2023. This recognition, presented by the Government of India, acknowledges Tejas Networks’ significant contributions in the field of ‘Telecom Equipment Research and Manufacturing.’ The award ceremony, held in New Delhi, saw Shri Jyotiraditya Scindia, …
Tata Communications Limited, a leading global digital ecosystem enabler, has announced a strategic move to simplify its corporate structure. The company’s board of directors approved an investment in its wholly-owned subsidiary, Tata Communications (UK) Limited (TC UK). Simplifying for Efficiency This investment, valued at approximately $26.8 million (₹223.84 crore), will see Tata Communications directly acquire …
Introduction ONGC Videsh Limited (OVL), a prominent player in the international oil and gas sector, has recently announced a significant acquisition. This move underscores the company’s commitment to enhancing India’s energy security by expanding its global asset portfolio. Let’s dive into the details of this acquisition and understand its implications. The Acquisition Deal ONGC Videsh …
On Thursday, the benchmark indices were trading in the red with the Sensex down around 425 points or 0.53% at 79,234, while the Nifty-50 was down around 120 points or 0.50% at 24,293. About 1,216 shares have advanced; 1,702 declined and 86 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Jubilant Pharmova Limited has announced its financial results for the first quarter of FY25, showcasing significant growth across various segments. The company has maintained its growth momentum, achieved EBITDA margin expansion, and reduced its net debt/EBITDA ratio. Let’s delve into the key highlights and segmental performance. Financial Highlights Particulars Q1FY24 Q1FY25 YoY change Total Income …
On July 18, 2024, L&T Technology Services (LTTS), India’s leading pure-play engineering services company, announced its results for the first quarter ended June 30, 202 (Q1 FY2025) Financial Performance For Q1 FY2025, Revenue amounted to ₹24,619 million, reflecting a fall of 3.0% QoQ and growth of 7.0% YoY. It recorded an EBIT of ₹3,836 million …
JSW Infrastructure Limited, a leading Indian private port operator, delivered impressive results for the first quarter of FY2025 (Q1 ended June 30, 2024). Key Highlights: Cargo Volume Growth: JSW Infrastructure handled 27.8 million tonnes of cargo, representing a 9% increase year-on-year. This growth is attributed to: Acquired assets contributing incremental volumes. Increased capacity utilisation at …
TVS Motor Company, commonly known as TVS, is an Indian multinational motorcycle manufacturer headquartered in Chennai. The company is well-known in India for bikes like Apache and Jupiter scooters. It is the third-largest motorcycle company in India by revenue, with yearly sales of three million units and an annual production capacity of over four million …
Gopal Snacks, a leading FMCG company in India known for its high-quality snack products, announced its results for the quarter ended 30th June 2024 (Q1 FY2025) Operational Highlights The company launched three new products during Q1 FY25: Kolapuri Bhadang (Namkeen), Sabudana Chivda (Namkeen), and Cristos Korean BBQ (Wafers) The Ghathiya and Wafers segments showcased a …
