Penny stocks are low-priced shares of companies with low market capitalisation, and they are mostly illiquid. Penny stocks are known for their high volatility and can experience significant price swings in a short time. There is also not much reliable information about these stocks available publicly. Penny stocks are said to have the potential to …
On September 19, 2024, Thomas Cook (India) Limited opened a new franchise outlet in Chromepet, Chennai, to tap into the city’s growing market. Chromepet is a popular residential area with good access to the airport and major IT and business parks. This new location brings Thomas Cook’s total in Chennai to 9 and 15 across …
On September 19, 2024, Tata Consultancy Services (TCS) was once again ranked as the most valuable Indian brand in the Kantar BrandZ Most Valuable Indian Brands 2024 list. The company saw an impressive 16% increase in brand value during the financial year 2024, rising from $42.97 billion in 2023 to $49.66 billion—a growth of $6.69 …
Reliance Infrastructure Ltd has announced that it has taken a board decision to raise Rs.3,014 crore through the preferential issue of shares to further boost its business. In terms of the equity issue, the company will be issuing equity shares or convertible warrants up to 12.56 crore at Rs.240 per share to both the promoter …
The sugarcane and sugar industry in India is the 2nd largest agro-based sector, after cotton. India leads the world in sugar production, with ~34 million metric tons produced in 2023-2024. This sector supports the livelihoods of sugarcane farmers in rural areas and employs around 5,00,000 workers in sugar mills. There are several companies contributing to …
The hospitality of Lemon Tree Hotels is a vibrant tapestry woven into the fabric of India, providing a welcome combination of coziness throughout its wide range of properties. This dynamic company has an impressive collection of 9,700 rooms spread across 64 bustling cities in India, with a vibrant portfolio of 100 hotels. Every property invites …
Their specialty paper company, “Pudumjee,” was founded on the fundamental idea of creating value. To satisfy customers’ strict and demanding specifications for the packaging of food and oily products, the company began by manufacturing high-quality papers. Pudumjee Group has remained true to its founding principles and dedication to its clients ever since. Over the years, …
Introduction: A New Chapter for Lokesh Machines Lokesh Machines Limited, a Hyderabad-based manufacturing company, has recently been granted a prestigious license from the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India. This license allows the company to manufacture fixed and towed heavy machine guns with calibers ranging from 12.7mm to 30mm, …
On September 19, 2024, Airtel Business, the B2B division of Bharti Airtel, and Cisco, a global leader in networking and security, introduced the Airtel Software-Defined (SD) Branch. This new solution offers a simple, secure, and cloud-based network management system for businesses. Powered by Cisco Meraki’s cloud-first technology, Airtel SD-Branch allows companies to manage their entire …
Strides Pharma Science has achieved a significant milestone in its strategic initiative to create OneSource, India’s first speciality pharma Contract Development and Manufacturing Organization (CDMO). The company has received approval from its equity shareholders and secured creditors, as well as those of OneSource Specialty Pharma Limited and SteriScience Specialties Private Limited. These approvals were secured …
