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Titan Reports Modest Growth in Q1 FY25, Expands Retail Footprint

Titan Reports Modest Growth in Q1 FY25, Expands Retail Footprint

8 July 2024

Titan Company Ltd (Titan) reported a consolidated revenue growth of approximately 9% year-over-year (YoY) in the first quarter of FY25 (Q1 FY25). This growth was accompanied by a significant expansion of their retail network, adding 61 new stores (net) across all segments, bringing their total presence to 3,096 stores. Jewellery Domestic jewellery sales grew approximately …

Thomas Cook (India) Reports 25% Surge in Monsoon Travel Demand

Thomas Cook (India) Reports 25% Surge in Monsoon Travel Demand

8 July 2024

Thomas Cook (India) Ltd informed the stock exchanges about the notable increase in demand for monsoon travel among Indian consumers, signalling a vibrant resurgence in post-summer holiday plans. Despite traditionally being a low season for travel, the allure of lush landscapes and pleasant weather has driven a 25% growth in monsoon travel bookings compared to …

La Opala RG Suspends Madhupur Opal Glass Plant Operations

La Opala RG Suspends Madhupur Opal Glass Plant Operations

8 July 2024

La Opala RG Limited informed in a stock exchange filing about the suspension of operations at its Madhupur Opal Glass Plant in Jharkhand. This decision, approved by the Board of Directors on July 6, 2024, was prompted by the ageing infrastructure, outdated machinery, and obsolete semi-automatic technology at the plant. These factors have led to …

Signature Global Reports Stellar Q1 FY25 Results and Expansion into Premium Housing Market

Signature Global Reports Stellar Q1 FY25 Results and Expansion into Premium Housing Market

8 July 2024

On July 7, 2024, Signature Global, a leading real estate developer in India known for its strong presence in Delhi-NCR, reported impressive results for Q1 FY25. They achieved pre-sales of ₹31.2 billion, marking a 255% year-on-year growth. This represents over 30% of their full-year FY25 pre-sales target of ₹100 billion. Signature Global has successfully expanded …

HCLTech Chairperson Awarded France’s Highest Honor; Company Expands Influence in France

HCLTech Chairperson Awarded France’s Highest Honor; Company Expands Influence in France

8 July 2024

On July 8, 2024, HCL Technologies announced that France had awarded Roshni Nadar Malhotra, the company’s chairperson, the “Chevalier de la Légion d’Honneur.” This prestigious award, established in 1802 by Napoleon Bonaparte, is France’s highest civilian honour. It recognises her contributions to business, efforts to strengthen economic ties between France and India and dedication to …

Bank of Baroda Q1 Update, Global Business Up 8.52% YoY

Bank of Baroda Q1 Update, Global Business Up 8.52% YoY

8 July 2024

Bank of Baroda (BoB) is one of India’s leading public sector banks, established in 1908. With a rich history spanning over a century, BoB has grown into a global banking entity with a significant presence in India and abroad. The bank offers a wide range of banking and financial services, including retail banking, corporate banking, …

SAIL to Invest Rs 6,500 Crore in Capital Expenditure for FY25

SAIL to Invest Rs 6,500 Crore in Capital Expenditure for FY25

8 July 2024

SAIL CMD Amarendu Prakash said on Friday that they are going to invest 6500 crore for this fiscal year 2025 in capital expenditure. In the past update, the Sail management has already informed us that in the coming 3–4 years they are going to invest a total of 1 lakh crore across all their plants …

Coforge Acquires Additional 28% Stake in Cigniti Technologies for Rs 1,072 Crore

Coforge Acquires Additional 28% Stake in Cigniti Technologies for Rs 1,072 Crore

8 July 2024

The total number of shares acquired by Coforge Ltd. is 46,18,199, according to block deal data that is accessible on the BSE. 16.9% stake in Cigniti Technologies and a total of 28% stakes acquired by Coforge Ltd. On July 5, 2024, for 645 crores, 17% of stockholding was done by Coforge Ltd. through open market …

Nava: Newly Issued Exploration Licenses in Zambia Focus on Lithium

Nava: Newly Issued Exploration Licenses in Zambia Focus on Lithium

8 July 2024

Nava Bharat Ventures has grown into a formidable multinational company, with a diversified portfolio that spans metals manufacturing, power, mining, agribusiness, and healthcare. As part of a larger multinational industrial group, Nava Bharat Ventures has established a significant presence in India, Southeast Asia, and Africa, positioning itself as a leader in multiple sectors. Expansion into …

PCBL’s Patent: Revolutionizing Tire Performance with Hybrid Carbon Black and Graphene

PCBL’s Patent: Revolutionizing Tire Performance with Hybrid Carbon Black and Graphene

8 July 2024

Introduction to PCBL PCBL, established in 1960, is a prominent manufacturer of carbon black with operations spanning four plants located in Durgapur (West Bengal), Mundra (Gujarat), Palej (Gujarat), and Kochi (Kerala). These facilities collectively boast an impressive aggregate capacity of 6,03,000 MTPA. In a significant development, PCBL commissioned a greenfield project in Chennai, Tamil Nadu, …

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