ixigo (Le Travenues Technology Limited), India’s leading online travel aggregator (OTA) announced a significant expansion of its partnership with PhonePe, India’s leading digital payments platform. This enhanced collaboration brings a wider range of travel booking options to PhonePe’s massive user base. The ixigo-PhonePe partnership focused on train bookings. Now, PhonePe users can seamlessly access, and …
On June 24, 2024, Swan Energy Ltd (SEL) announced via a stock exchange filing that its Board of Directors, in a meeting held on the same day, approved the acquisition of 26,21,50,000 equity shares of ₹10 each in Triumph Offshore Private Limited (TOPL) from Indian Farmers Fertiliser Cooperative Limited (IFFCO). This acquisition, executed through a …
Borosil Ltd, a leading manufacturer of laboratory glassware and consumer kitchenware, announced a significant step towards bolstering its financial resources today. The company’s board of directors approved the launch of a Qualified Institution Placement (QIP) to raise up to ₹250 crore. QIP Launch and Pricing The board meeting on June 24, 2024, saw critical decisions …
NIIT Learning Systems Limited [NIIT Managed Training Services (NIIT MTS)], a global leader in managed learning services, has secured a coveted spot on Training Industry, Inc.’s 2024 Top 20 Companies in the Learning Services list. This prestigious recognition marks NIIT MTS’s sixteenth consecutive year on this distinguished roster of leading corporate learning and development (L&D) …
Kalpataru Projects International Limited (KPIL), a leading Indian engineering and construction company, announced today that it has secured a significant volume of new orders valued at ₹2,333 crore. This achievement reinforces KPIL’s position as a prominent player in the domestic and international construction sector. Diversified Order Book The new orders encompass a variety of project …
On June 24, 2024, Subex, a top global supplier of AI-powered solutions to the telecom sector, announced that it had been included in the Gartner Magic Quadrant for AI in the CSP Customer and Business Operations report for 2024. According to the firm, Subex has reached a major milestone in demonstrating its dedication to providing …
AU Small Finance Bank Limited is an Indian scheduled commercial small finance bank and India’s largest tech-led small finance bank, based in Jaipur. It was founded as a vehicle finance company and NBFC, AU Financiers (India) Ltd in 1996 and converted into a full-fledged small finance bank on 19 April 2017. The Bank is engaged …
On June 24, 2024, Zee Entertainment Enterprises announced via a stock exchange filing that Zee Media Kenya Limited, a wholly owned step-down subsidiary of Zee Entertainment Enterprises Limited, has been incorporated in Kenya. The Registrar of Companies in Kenya has approved the incorporation of ZMKL. Zee Media Kenya Limited is a wholly owned step-down subsidiary …
Introduction Amara Raja has entered a strategic technological licensing agreement (TLA) with GIB EnergyX Slovakia, a subsidiary of Gotion High-Tech Co. Ltd. This agreement grants Amara Raja the license to utilize LFP (Lithium Iron Phosphate) battery technology, allowing the company to manufacture cells in both cylindrical and prismatic form factors. Expanding Technological Capabilities The TLA …
On July 3, 2024, Club Mahindra announced that its resorts in Kumbhalgarh, Ooty, and Madikeri achieved Platinum certifications from the Indian Green Building Council. The Udaipur resort earned Gold certification. These accolades highlight Club Mahindra’s commitment to sustainability, aiming for carbon neutrality by 2040. Impressive Scores The Madikeri resort scored 87 out of 100, demonstrating …
