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Emcure Pharmaceuticals Hits Record High: What’s Driving the Surge?

Emcure Pharmaceuticals Hits Record High: What’s Driving the Surge?

11 September 2024

Company Overview: A Legacy of Excellence Founded in April 1981, Emcure Pharmaceuticals began as a private limited company with a strong focus on manufacturing and marketing pharmaceutical formulations. Today, formulations contribute to approximately 90% of the company’s revenue, supplemented by APIs and Contract Research and Manufacturing Services (CRAMS). Emcure’s diverse portfolio covers a wide array …

Genus Power Infra established two subsidiaries

Genus Power Infra established two subsidiaries

11 September 2024

The $400 million US Kailash Group includes Genus Power Infrastructures Limited, an ISO 9001 & 14001 certified business, as a key component. Genus provides the power industry with highly inventive and sustainable solutions through several business divisions. In addition to offering a wide range of electricity meters and solutions to utilities, Genus Metering Solution Division …

Vodafone Idea: Kumar Mangalam Birla Buys Rs 24.89 Crore Shares

Vodafone Idea: Kumar Mangalam Birla Buys Rs 24.89 Crore Shares

11 September 2024

It was created in August 2018 through the union of Idea Cellular and Vodafone India. Vi, which serves more than 300 million users, is presently India’s third-largest mobile network operator. The company provides both individual consumers and businesses with a wide range of services, including voice, data, and digital services. In the telecom sector, Vi …

TATA Motors: CCI Approves Merger Of Tata Motors Finance, Tata Capital

TATA Motors: CCI Approves Merger Of Tata Motors Finance, Tata Capital

11 September 2024

As a member of the Tata Group, Tata Motors Limited is a multinational automotive company based in India with its headquarters in Mumbai. The company manufactures buses, vans, trucks, and cars. Tata Daewoo in South Korea and Jaguar Land Rover in Britain are examples of subsidiaries. CCI approves of TMFL and TCL’s merger: The Competition …

250 KW Solar Boost: BigBloc Construction Expands its Green Energy Capacity

250 KW Solar Boost: BigBloc Construction Expands its Green Energy Capacity

23 September 2024

BigBloc Construction Expands Solar Energy Commitment In a move toward greater environmental responsibility, BigBloc Construction Ltd., a leading manufacturer in the AAC Block space, has announced plans to expand its solar power capacity. The company is adding a 250 KW rooftop solar plant to its Umargaon unit, increasing the plant’s total installed capacity to over …

Samvardhana Motherson Surges to All-Time High After Successful Rs 6,438 Crore QIP

Samvardhana Motherson Surges to All-Time High After Successful Rs 6,438 Crore QIP

23 September 2024

Samvardhana Motherson Hits New Heights with Successful QIP Samvardhana Motherson International Limited (SAMIL) has made headlines with its stock reaching an all-time high, rising by over 1.5%. The stock’s surge follows the successful completion of a Qualified Institutional Placement (QIP), where the company raised INR 6,438 crore. This has not only strengthened investor confidence but …

Tata Steel Unveils India’s Largest Blast Furnace at Kalinganagar

Tata Steel Unveils India’s Largest Blast Furnace at Kalinganagar

23 September 2024

Tata Steel Limited has successfully commissioned India’s largest blast furnace at its Kalinganagar facility in Odisha. This project, part of a Phase II expansion involving an investment of ₹27,000 crore, will increase the site’s capacity from 3 million tonnes per annum (MTPA) to 8 MTPA. The inauguration was led by T. V. Narendran, CEO and …

Bharat Forge and Subsidiaries to Acquire Stakes in Sunsure Energy SPVs

Bharat Forge and Subsidiaries to Acquire Stakes in Sunsure Energy SPVs

23 September 2024

Bharat Forge Limited has announced a strategic partnership with its subsidiaries, J S Auto Cast Foundry India Private Limited (a wholly-owned step-down subsidiary) and Kalyani Centre for Precision Technology Limited (a wholly-owned subsidiary), through share subscription and shareholders agreements (SSSHA) with special purpose vehicles (SPVs) of Sunsure Energy Private Limited. This collaboration aims to secure …

Senco Gold vs Kalyan Jewellers: The Battle for Long-Term Gains

Senco Gold vs Kalyan Jewellers: The Battle for Long-Term Gains

23 September 2024

Jewellery stocks have been shining on Dalal Street, showing impressive gains and brightening investors’ portfolios. Driven by rising demand and positive market sentiment, these stocks have performed well, with major companies in the sector experiencing significant growth. The increase in gold prices and demand during the festive season has sparked a buying frenzy, making these …

Inox Wind Secures ₹2,200 Crore Financing with ICICI Bank Consortium

Inox Wind Secures ₹2,200 Crore Financing with ICICI Bank Consortium

23 September 2024

Inox Wind Limited (IWL), a leading provider of wind energy solutions in India, has announced a significant milestone in its financial strategy by signing a consortium agreement with a group of banks led by ICICI Bank. This agreement establishes credit limits of approximately ₹2,200 crore, with the potential for enhancement to around ₹2,400 crore based …

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