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) …
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 …
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 …
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 …
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 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 …
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 …
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 …
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 …
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 …
