On June 19, 2024, Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest port developer and operator, showcased its global excellence again. Four of its ports were highlighted in the respected Container Port Performance (CPP) Index 2023. Mundra Port led the group at 27th place, followed by Kattupalli at 57th, Hazira at 68th, and …
Jupiter Electric Mobility Private Limited (JEM), a subsidiary of Jupiter Wagons Limited (JWL), is making significant strides in revolutionising rail transport in India with its Lithium-Ion Phosphate (LFP) battery technology. Partnering with Log9 Materials, a leading Indian deep-tech innovator in energy storage, JEM has achieved several key milestones in the development and certification of these …
Titan Company, which belongs to the Tata Group plans to aggressively expand its retail footprint in Chennai. The company plans to expand its brand verticals especially the jewellery vertical Tanishq and its saree label Taneira. It also plans to launch its exclusive ladies’ handbag brand store “Earth”, sometime later this year. Titan’s plans In the …
Brigade Enterprises has announced a significant investment of Rs. 150 crore to construct the third tower of the World Trade Center (WTC) in Kochi’s Infopark. This development is set to further strengthen Kochi’s position as a key commercial hub in Kerala and is expected to generate employment opportunities. Project Overview The World Trade Center Kochi, …
West Bridge Capital, a prominent private equity firm, has recently divested its stake in AU Small Finance Bank, amounting to approximately 1.7% of the bank’s total shares. The transaction, valued at Rs.845 crore, marks a significant move by West Bridge Capital, reflecting changes in its investment portfolio. Transaction Details The sale of a 1.7% stake …
On June 19, 2024, Eraaya Lifespaces Limited announced that their Plan Support Agreement to acquire 100% of Ebix Inc.’s equity has been approved by Ebix Inc.’s Independent Directors. The Consortium, led by Eraaya Lifespaces Limited as the initial bidder, has also deposited the required 5% cash deposit to proceed with the acquisition process. The acquisition …
On June 19, 2024, Lemon Tree Hotels announced they would manage a new hotel in Morbi, Gujarat, India. The hotel is expected to open in the fiscal year 2029. Morbi, located on the Kathiawar peninsula in Gujarat, has a rich history and cultural heritage. It used to be the capital of the Morvi State and …
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 …
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 …
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 …
