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Maruti Suzuki Enhances Vehicle Warranty

Maruti Suzuki Enhances Vehicle Warranty

10 July 2024

Maruti Suzuki India Ltd, India’s largest carmaker, has announced significant enhancements to its warranty programs, effective from July 9, 2024. The standard warranty for all vehicles has been extended to 3 years or 1,00,000 km, a notable increase from the previous 2 years or 40,000 km coverage. The company stated that this enhancement encompasses critical …

GE Power India Lands Rs 7.67 Crore Order from Mangalore Refinery

GE Power India Lands Rs 7.67 Crore Order from Mangalore Refinery

10 July 2024

About Order GE Power India Limited (GPIL) has secured a significant order from Mangalore Refinery and Petrochemicals Limited (MRPL), a prominent domestic entity. This contract strengthens GE Power India’s position in the power equipment supplier market and signifies its continued contribution to the Indian energy sector. The details of the order reveal that GPIL will …

Infosys Drives Sector Alarm’s Cloud-Based Transformation with Microsoft Dynamics 365

Infosys Drives Sector Alarm’s Cloud-Based Transformation with Microsoft Dynamics 365

10 July 2024

Infosys announced a strategic five-year partnership with Sector Alarm, a leading European security provider, to modernise its core business systems. This collaboration focuses on migrating Sector Alarm’s on-premise ERP platform to the cloud-based solution, Microsoft Dynamics 365 Finance and Operations (F&O). Key Benefits for Sector Alarm Streamlined Operations: Infosys’ expertise in cloud-powered ERP transformation will …

ONGC to Invest ₹2 Lakh Crore for Net-Zero Emissions by 2038

ONGC to Invest ₹2 Lakh Crore for Net-Zero Emissions by 2038

10 July 2024

India’s energy giant, the Oil and Natural Gas Corporation (ONGC), has unveiled a bold plan to achieve net-zero carbon emissions by 2038. This 200-page roadmap outlines a two-pronged approach: aggressively investing in clean energy sources while simultaneously curbing its environmental footprint from existing operations. Investing in a Greener Future ₹2 Lakh Crore Commitment: ONGC will …

JSW Recorded a Slight Dip in Quarterly Production During Q1 FY2025

JSW Recorded a Slight Dip in Quarterly Production During Q1 FY2025

10 July 2024

JSW Steel, India’s leading integrated steel company, has reported a consolidated crude steel production of 6.35 million tonnes for the first quarter of FY 2024-25. While this represents a slight dip of 1% year-on-year and 6% quarter-on-quarter, it’s important to note this is due to planned maintenance shutdowns. Despite this, JSW Steel’s Indian operations maintained …

RVNL Expands Portfolio with New Contracts and Partnerships

RVNL Expands Portfolio with New Contracts and Partnerships

10 July 2024

On July 9, 2024, Rail Vikas Nigam Limited (RVNL) announced multiple developments at the company to the stock exchanges. Letter of Acceptance from Maharashtra Metro Rail Corporation Limited (Nagpur Metro) RVNL announced that it has received a Letter of Acceptance from Maharashtra Metro Rail Corporation Limited (Nagpur Metro) for the construction of six elevated metro …

Phoenix Mills’ Subsidiary Invests in O2 Renewable XIII for Solar Power Expansion

Phoenix Mills’ Subsidiary Invests in O2 Renewable XIII for Solar Power Expansion

10 July 2024

On July 9, 2024, The Phoenix Mills Limited informed in a stock exchange filing that the company’s subsidiary, Sparkle One Mall Developers Private Limited, announced a strategic investment in O2 Renewable Energy XIII Private Limited (O2 Renewable XIII), underscoring its commitment to sustainable energy solutions. Sparkle One Mall Developers has made an investment of ₹4,68,27,820, …

Adani Power’s MEL Issues Equity Stake to RIL Under PPA Agreement

Adani Power’s MEL Issues Equity Stake to RIL Under PPA Agreement

10 July 2024

On July 9, 2024, Adani Power Limited (APL) announced a significant development regarding its subsidiary, Mahan Energen Limited (MEL), in a stock exchange filing. This update follows their earlier disclosure from March 27, 2024, wherein MEL had entered into a 20-year long-term Power Purchase Agreement (PPA) for 500 MW with Reliance Industries Limited (RIL) under …

Rajoo Engineers Launches PROEX Series at Exclusive Industry Event

Rajoo Engineers Launches PROEX Series at Exclusive Industry Event

10 July 2024

On July 9, 2024, Rajoo Engineers Ltd informed the stock exchanges about hosting an exclusive, invite-only event on July 4 and 5, 2024. This prestigious gathering brought together processors, innovators, and leaders from the flexible packaging industry. Held in Rajkot, India, the event featured a blend of cultural and industry-focused activities, catering to a global …

Parag Milk Foods Revises FCCB Conversion Price with IFC

Parag Milk Foods Revises FCCB Conversion Price with IFC

10 July 2024

Parag Milk Foods Limited, in a recent stock exchange filing, provided an update about its previously announced subscription agreement with International Finance Corporation (IFC) for the issuance of foreign currency convertible bonds (FCCBs). Initially disclosed on May 9, 2021, the company had signed a subscription agreement dated May 8, 2021, with IFC for these FCCBs. …

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