On July 05, 2024, Solar Industries India Limited, a global leader in energetic materials for mining, defence, and space applications, acquired a majority stake in South Africa’s Problast BS (Pty) Ltd through its subsidiary, Solar Mining Services (Pty) Ltd. Since 2016, Problast BS (Pty) Ltd has been renowned in South Africa for its blasting solutions. …
On July 04, 2024, H.G. Infra Engineering Limited announced that its subsidiary H.G. Solar Projects Private Limited, has established a new wholly-owned subsidiary, H.G. Dudu Solar Project Private Limited. This acquisition is considered a related party transaction since it involves a step-down subsidiary, with H.G. Dudu Solar Project Private Limited being a 100% subsidiary of …
On July 5, 2024, Thermax Ltd announced in a stock exchange filing that its wholly-owned subsidiary, Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), secured a ₹513 crore order from a prominent industrial conglomerate. The order involves setting up a 600 MW greenfield energy project in Botswana, Southern Africa. TBWES will supply two 550 TPH …
On July 5, 2024, HCL Technologies announced via a stock exchange filing that it has awarded top honours in the 14th Annual Asia Executive Team survey by Institutional Investor Research. This prestigious survey highlights Asia’s best CEOs, CFOs, and Investor Relations Officers, emphasising corporate governance and investor confidence. HCLTech, headquartered in India, led the IT …
CG Power and Industrial Solutions Limited (CG Power) announced a significant development concerning their property holdings in Worli, Mumbai. Following a term sheet signed in December 2023 with a K Raheja Corp. Group company, CG Power has finalised a formal agreement for the joint development of their property, “CG House”. The Partnership Takes Shape On …
The benchmark index S&P BSE 500 opened today at 36,363,36 and made its day high at 36,394.14, and it is trading in red today, down by around 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Great Eastern Shipping Co. …
The coal sector in India has emerged as a cornerstone of industrial expansion, showcasing robust growth and significant contributions to the nation’s economic landscape. According to the latest data from the Index of Eight Core Industries (ICI) released by the Ministry of Commerce & Industries, the coal industry has demonstrated the highest growth rate of …
On July 4, 2024, Sterling Holiday Resorts Limited, a wholly owned subsidiary of Thomas Cook (India) Limited (TCIL), announced via a stock exchange filing that Sterling Puri was honoured as the Best Destination Wedding Venue (East) at the recent ET MICE and Wedding Tourism Awards 2024. This prestigious award recognises excellence in hosting Meetings, Incentives, …
Mazagon Dock Shipbuilders Limited (MDL), formerly called Mazagon Dock Limited, is a shipyard situated in Mazagaon, Mumbai. It manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships, and ferries.MDL is a public sector undertaking and is …
Shares of Ahluwalia Contracts, a leading construction-engineering company, soared by approximately 16%, reaching a record high of Rs.1,520 per share today following the announcement of a contract win from the Airports Authority of India (AAI). Ahluwalia Contracts’ shares have exhibited a remarkable 91% increase year-to-date, reflecting an impressive 336% gain over the past five years. …
