Agriculture is the third largest sector of the Indian Economy, contributing around 17% of the country’s total GDP. The emerging fertiliser industry plays a vital role in the growth of the Agriculture Sector. The balanced use of chemical fertiliser is important not only for increasing agricultural productivity but also for sustaining soil fertility. The country’s …
A recent Reserve Bank of India (RBI) directive has stirred discussions within the Indian credit card industry. The guidelines, issued in March 2024, mandate credit card issuers to offer customers a choice of network providers, including Rupay, Visa, and Mastercard, at the time of issuance and renewal. With the September 2024 implementation date approaching, some …
On June 25, 2024, Fischer Medical Ventures Ltd announced via stock exchanges that it has established itself as a pioneer in India through its wholly owned subsidiary, Time Medical International Ventures (India) Private Limited, by locally manufacturing advanced, high-quality Magnetic Resonance Imaging (MRI) systems. Fischer MVL not only focuses on medical imaging device manufacturing but …
During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Dhani Services Ltd Dhani Services Ltd saw a significant trading volume of 2.04 crore shares today. The stock reached a high of Rs 53.6 and is currently trading at Rs 52, up from …
Craftsman Automation Ltd disclosed on June 24, 2024, that it has initiated steps towards acquiring Sunbeam Lightweighting Solutions Private Limited (Sunbeam) in a Memorandum of Understanding (MoU) signed with Sunbeam and Kedaara Capital Fund II LLP (Kedaara). The proposed transaction involves the acquisition of either the entire business or a portion thereof of Sunbeam, excluding …
On June 25, 2024, Westside, one of India’s top and fastest-growing retail chains, teamed up again with the famous designer duo, Saaksha & Kinni for a special home collection called “Honey I’m Home 2.0”. This collaboration highlights Westside’s dedication to offering unique and curated brands to its customers. This partnership showcases a blend of design …
On June 25, 2024, Vinati Organics Limited subscribed to 5,57,70,950 fully paid-up equity shares with a face value of ₹10 each, totalling ₹55,77,09,500. Vinati Organics Limited acquired 100% of the share capital and control of Veeral Organics Private Limited. This investment was made through a rights issue, and these shares will rank equally with the …
Schaeffler India, a frontrunner in motion technology, has unveiled a groundbreaking innovation – the Planetary Gear System (PGS) – manufactured entirely at its Hosur plant. This system is specifically designed to meet the needs of Dedicated Hybrid Transmission (DHT) vehicles in the Indian market. Aligning with Make in India and Greener Transportation The PGS marks …
On June 25, 2024, JSW Steel USA, a subsidiary of JSW Steel Ltd, a leading Indian steel company under the JSW Group valued at $24 billion, revealed plans to invest $110 million in upgrading their steel plate mill in Baytown, Texas. This investment aims to modernise their manufacturing facilities with advanced technology and equipment that …
On June 24, 2024, Vishnu Prakash R Punglia Limited informed the stock exchanges that the company is proud to announce its latest accomplishment, the award of a new project by the Office of the Executive Engineer Division XXIV(WS) of the Public Works Department in Sarvana, Bicholim, Goa. This prestigious project, titled “Construction of a 15 …
