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Info Edge’s Investment in NewInc Internet Services Pvt. Ltd

Info Edge’s Investment in NewInc Internet Services Pvt. Ltd

20 June 2024

On June 19,2024, Allcheckdeals India Pvt. Ltd (ACD), a wholly owned subsidiary of Info Edge (India) Limited, has decided to invest ₹1 crore in its subsidiary, NewInc Internet Services Private Limited, which is also a step-down subsidiary of Info Edge (India) Limited. Transaction Details The acquisition qualifies as a related party transaction since Allcheckdeals India …

Goa Carbon Surges Over 8% Following Major Product Launch Announcement

Goa Carbon Surges Over 8% Following Major Product Launch Announcement

20 June 2024

A New Era in Carbon Solutions Goa Carbon Ltd., a veteran and leading manufacturer of calcined petroleum coke (CPC), proudly announces the launch of its first branded product, “gcarb+,” aimed at revolutionizing the recarburiser and carbon additive markets. This launch highlights the company’s commitment to quality, sustainability, and industry leadership. Stock Performance The stock rallied …

Sapphire Foods India Announces 5-for-1 Stock Split

Sapphire Foods India Announces 5-for-1 Stock Split

20 June 2024

In an exchange filing, dated 19.06.2024, Sapphire Foods informed the stock exchanges about the decisions made at the Board of Directors meeting on 19th June. The Board approved the alteration in the share capital of the company by the split of existing equity shares of the company from 1 equity share having a face value …

Tata Communications Unveils Unified Hosted SASE Solution for Global Businesses

Tata Communications Unveils Unified Hosted SASE Solution for Global Businesses

20 June 2024

Tata Communications has launched a groundbreaking Unified Hosted Secure Access Service Edge (SASE) solution designed for global enterprises. This innovative offering, built in partnership with Versa Networks, converges industry-leading SD-WAN and SSE capabilities into a single, cloud-ready platform. Key Benefits Exceptional Performance: Harness the full potential of cloud environments with seamless access and unmatched speed. …

Sakthi Finance launched its NCDs issue with a Credit rating of [ICRA] BBB (Stable)

Sakthi Finance launched its NCDs issue with a Credit rating of [ICRA] BBB (Stable)

20 June 2024

Sakthi Finance is offering Secured, Redeemable, Non-Convertible Debentures (NCDs) with a face value of Rs 1000 each. The issue is open for subscription between June 20, 2024, and July 3, 2024. The minimum investment is Rs 10,000 (10 NCDs). The NCDs come in various tenors of 24, 36, 60, and 85 months and offer interest …

Blue Dart Teams Up with Skye Air for E-commerce Drone Delivery Expansion

Blue Dart Teams Up with Skye Air for E-commerce Drone Delivery Expansion

20 June 2024

Blue Dart Express Limited, incorporated in 1983, is involved in transportation and door-to-door distribution of time-sensitive shipments, through an integrated ground and air transportation network. The company is regarded as South Asia’s leading courier and integrated air express package distribution company. In 2002, Blue Dart had a business alliance with DHL Express, and on 8 …

Shares of Best Agrolife surge on subsidiary’s license for powerful new insecticide

Shares of Best Agrolife surge on subsidiary’s license for powerful new insecticide

20 June 2024

Seedlings India Private Limited, a wholly-owned subsidiary of Best Agrolife Limited, has secured a significant win with the Central Insecticides Board & Registration Committee (CIB&RC). The regulatory body has granted Seedlings a license for the indigenous manufacture of a powerful new insecticide formulation. This new product, a combination of three active ingredients – Chlorantraniliprole 4.5%, …

Radico Khaitan’s Rampur Luxury Collection Win Multiple Accolades

Radico Khaitan’s Rampur Luxury Collection Win Multiple Accolades

20 June 2024

On June 19, 2024, Radico Khaitan announced that its luxury brands dominated the 2024 John Barleycorn Awards, a prestigious competition for recognising excellence in the spirits industry. The company’s Rampur Jugalbandi #3 secured the coveted title of Best World Whisky, while Jaisalmer Gold Indian Craft Gin triumphed in the Best Gin category. Both award winners …

Gokaldas Exports to Make Substantial Investment in BRFL Textiles

Gokaldas Exports to Make Substantial Investment in BRFL Textiles

20 June 2024

On June 19, 2024, Gokaldas Exports Limited (GEX), a major player in the textile industry, struck a strategic deal with BRFL Textiles Private Limited (BTPL) to bolster its vertical integration and fuel future growth. GEX will infuse ₹50 crore into BTPL through Optionally Convertible Debentures (OCDs) in an initial tranche. The agreement allows for further …

Yatra Online Expands Adventure Tourism Stake with ANN Acquisition

Yatra Online Expands Adventure Tourism Stake with ANN Acquisition

20 June 2024

On June 19. 2024, Yatra Online Limited has announced a significant expansion in its stake in the adventure tourism sector. The company has acquired the remaining 49% stake in its joint venture, Adventure and Nature Network Private Limited (ANN), making ANN a subsidiary of Yatra Online. This transaction was formalised through a Share Purchase Agreement …

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