Nazara Technologies is the leading India-based diversified gaming and sports media platform with a presence in India and across emerging and developed global markets such as Africa and North America, and offerings across the interactive gaming, eSports, and gamified early learning ecosystem. The prominent name in the gaming and esports industry continues to expand its …
Vodafone Idea (VIL) has approached the Department of Telecom (DoT) seeking a waiver on a hefty financial bank guarantee (FBG) of Rs.24,747 crore. This sum, due in September 2025, is part of VIL’s obligations for spectrum acquired before 2022 as the company had opted for a four-year moratorium on spectrum payments under a government relief …
EPL Limited announced via a stock exchange filing that it had signed a Share Purchase Agreement (SPA) with Clean Max Enviro Energy Solutions Private Limited (Clean Max) and Clean Max Aria Private Limited (CMAPL). This investment aims to develop a captive power generation facility for the Company under the Group Captive Power policy. The acquisition …
On July 11, 2024, Anand Rathi Wealth Limited announced a consolidated net profit of ₹73 crore for the first quarter of FY25 (April – June 2024). This marks a 38% increase from last year’s period (Q1 FY24). The total revenue for the quarter was ₹245 crore, also up by 38% compared to Q1 FY24. Consolidated …
On July 11, 2024, LTIMindtree, a global technology consulting firm, introduced Canvas.ai, their advanced AI platform, on the Snowflake AI Data Cloud. This integration boosts LTIMindtree’s AI capabilities, offering clients more flexibility and faster development. Canvas.ai combines customisable features and a user-friendly interface with Snowflake’s powerful tools, enabling businesses to enhance their applications quickly. The …
On July 11, 2024, Lakshmi Machine Works Ltd announced via a stock exchange filing that it had incorporated a wholly owned subsidiary company, LMW Holding Limited, on July 10, 2024. Incorporating this wholly-owned subsidiary does not fall under related party transactions. However, as a wholly owned subsidiary, it is considered a related party of the …
On July 11, 2024, Hindustan Zinc, India’s largest and the world’s second-largest integrated zinc producer, began the first phase of integrating renewable energy from Serentica Renewables. This energy will power Hindustan Zinc’s operations in Rajasthan. Recognised as the world’s most sustainable metals and mining company by S&P Global Corporate Sustainability Assessment 2023, this move is …
Sterlite Technologies Ltd (STL), on Friday witnessed a significant surge in its stock price, climbing approximately 6% and trading close to its 52-week high. This upward momentum in the stock price has been accompanied by the highest single-day trading volume in over two months. Demerger Approval Spurs Investor Confidence The recent stock performance is largely …
Coal India Limited (CIL) is set to make significant changes to its e-auction norms to better meet the local coal demand. The company aims to make the auction process more accessible and efficient by implementing several new measures. These steps are expected to streamline the process and encourage greater participation from consumers. Lowering Earnest Money …
On July 11, 2024, LT Foods, a 70-year-old global FMCG company from India, announced via a stock exchange filing that it had opened a new, advanced facility in the United Kingdom. This facility, located in Harlow and covering 100,000 square feet, aims to transform the UK’s rice market by providing high-quality rice and rice-based products. …
