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Rossari Biotech Delivers Solid Q1 FY2025 with Revenue and Profit Growth

Rossari Biotech Delivers Solid Q1 FY2025 with Revenue and Profit Growth

22 July 2024

Rossari Biotech Limited (Rossari), a Specialty Chemicals manufacturer that provides intelligent and sustainable solutions for customers across industries, has announced its financial results for the quarter ended June 30, 2024. Financial Highlights (Consolidated): Rossari Biotech Limited (Rossari) reported positive results for the first quarter ended June 30, 2024 (Q1 FY2025). Revenue: Grew 19.3% year-over-year (YoY) …

Bharti Airtel Received Taxnet 2.0 Project From CBDT

Bharti Airtel Received Taxnet 2.0 Project From CBDT

22 July 2024

The Central Board of Direct Taxes (CBDT) has taken a significant step towards modernising the Indian tax system by awarding the Taxnet 2.0 project to Bharti Airtel Ltd. This project aims to overhaul the Income Tax Department’s (ITD) existing digital infrastructure by providing a robust and secure platform for taxpayers and departmental users. A Leap …

Netweb Technologies Reports Strong Q1 FY25 Results with Significant Revenue and Profit Growth

Netweb Technologies Reports Strong Q1 FY25 Results with Significant Revenue and Profit Growth

22 July 2024

On July 20, 2024, Netweb Technologies India Limited (Netweb), a leading Indian-origin OEM specialising in High-End Computing Solutions (HCS), announced its Q1 FY25 results. Key Financial Highlights: Q1 FY25 Total Income: ₹1,532 million, a 154.4% increase from Q1 FY24. EBITDA: ₹239 million, up 164.1% from Q1 FY24, with an EBITDA margin of 15.6%. PAT (Profit …

Poonawalla Fincorp Reports Strong Q1 FY25 Growth

Poonawalla Fincorp Reports Strong Q1 FY25 Growth

22 July 2024

On July 20, 2024, Poonawalla Fincorp Limited, a key non-deposit-taking NBFC specialising in consumer and MSME finance, released its unaudited financial results for the quarter ending June 30, 2024. The company showed steady growth in assets under management (AUM) and profitability and maintained high asset quality and strong customer engagement. Poonawalla Fincorp Limited Q1 FY25 …

RVNL Signs Agreement with Israeli Firm for Infrastructure Projects

RVNL Signs Agreement with Israeli Firm for Infrastructure Projects

22 July 2024

Rail Vikas Nigam Ltd (RVNL) surged 9% amid a correction in the market on July 19, after the railway RVNL said it has signed a Memorandum of Understanding (MoU) with Israeli firm United Construction Limited to support each other to get the projects in the field of Railways, MRTS, Tunnels, Roads (Highways & Expressways), Bridges, …

JSW Infrastructure Acquires Under-Construction Slurry Pipeline Assets for Rs 1,700 Crore

JSW Infrastructure Acquires Under-Construction Slurry Pipeline Assets for Rs 1,700 Crore

22 July 2024

JSW Infrastructure Ltd. has taken significant steps to enhance its iron ore transportation capabilities by approving the purchase of an under-construction slurry pipeline from JSW Utkal Ltd. The acquisition, valued at Rs 1,700 crore, comes alongside a strategic 20-year take-or-pay agreement with JSW Steel This move aims to bolster the company’s logistics solutions for iron …

Bharat Agri Fert & Realty Launches Wembley-24 Tower Amid Strong Market Response

Bharat Agri Fert & Realty Launches Wembley-24 Tower Amid Strong Market Response

16 July 2024

On July 16, 2024, Bharat Agri Fert & Realty Limited announced the launch of its new high-rise tower, Wembley-24, in Majiwada, Thane. This impressive building has 60 floors and offers 457 residential flats with 2—and 3-BHK options. As the company owns the land, the project is expected to generate around ₹800 crore over the next …

Shares of Jyoti Structures the upper circuit on securing an order from Adani Energy Solutions

Shares of Jyoti Structures the upper circuit on securing an order from Adani Energy Solutions

16 July 2024

Jyoti Structures Limited has secured a contract from Adani Energy Solutions Limited (formerly Adani Transmission Ltd.) valued at Rs 117.74 crore for the construction and partial supply of a 765 kV D/C transmission line. This project, located in Gujarat under the Khavda Phase IV-Part A initiative, involves building approximately 111 kilometers of the KPSIII-AP44 transmission …

Himadri Speciality Chemical Ltd Announces Acquisition of Himadri Green Technologies Innovation Ltd

Himadri Speciality Chemical Ltd Announces Acquisition of Himadri Green Technologies Innovation Ltd

16 July 2024

On July 16, 2024, Himadri Speciality Chemical Ltd announced via a stock exchange filing that HCEL plans to acquire 100% of Himadri Green Technologies Innovation Limited, making Himadri Green Technologies Innovation Limited a wholly-owned subsidiary of HCEL. The Board of Directors approved this acquisition in their July 16, 2024 meeting. After the acquisition, Himadri Green …

GRSE Shares Surge on Order Win of Rs 840 Crore

GRSE Shares Surge on Order Win of Rs 840 Crore

16 July 2024

Garden Reach Shipbuilders & Engineers Ltd. (GRSE), a premier warship building company under the Ministry of Defence, Government of India, recently signed a significant contract with the National Centre for Polar and Ocean Research (NCPOR). This contract marks another milestone in GRSE’s illustrious history, showcasing its expertise in constructing specialized vessels. The Details of the …

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