On June 13, 2024, Larsen & Toubro’s Hydrocarbon division secured a contract from Oil & Natural Gas Corporation (ONGC) for the Daman Upside Development Project-Wellhead Platforms & Pipelines. This project, located off India’s west coast in the Tapti Daman block, involves building four Wellhead Platforms, a 140-km Pipeline, and necessary Topside modifications. Commenting on this, …
On June 13, 2024, Mahindra & Mahindra Financial Services Limited (Mahindra Finance) informed in a stock exchange filing that the company partnered with Kotak Mahindra Life Insurance Company Ltd (Kotak Life). The company stated that the collaboration will benefit over 10 million Mahindra Finance customers by providing a comprehensive range of tailor-made life insurance solutions …
Jindal Stainless, India’s leading stainless steel manufacturer, has played a pivotal role in a landmark export initiative. The company supplied speciality stainless steel to construct 100 “Made in India” freight wagons destined for Mozambique. Stainless Steel Strengthens Export Capabilities This project marks a significant step forward for India’s export capabilities. The wagons, manufactured with Jindal …
Amara Raja Energy & Mobility Limited (formerly Amara Raja Batteries Limited) decided to invest in InoBat AS (formerly InoBat Auto AS), which is based in Oslo, Norway. InoBat AS is the parent company of InoBat Auto JSA, located in Banska Bystrica, Slovak Republic. The necessary transaction documents were signed on June 20, 2024. Objects And …
On June 20, 2024, Hampton Sky Realty Limited announced in a stock exchange filing that the company’s future plans to construct a state-of-the-art luxury hotel(s) on its owned land. This will be in partnership with an esteemed luxury hotel chain(s). This ambitious project aims to redefine opulence and hospitality, setting a new benchmark for luxury …
Aster DM Healthcare Limited is one of the largest integrated private healthcare service providers operating in GCC (Gulf Cooperation Council) countries and It is also an emerging player in India. It has an inherent emphasis on clinical excellence and it is also one of the few entities in the world with a strong presence across …
During Thursday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Hindustan Construction Company Ltd Hindustan Construction Company Ltd closed the day at Rs 50.08, up 5.41% from the previous close of Rs 47.51. The stock is currently trading at Rs 51.87, with a …
On Thursday, the market posted a record close in a rangebound session. The Sensex gained 0.18% to close at 77,478.93, while the Nifty rose 0.22% to finish at 23,567. Among sectors, Nifty Realty, Nifty Metal, and Nifty Bank were among the top gainers, while Nifty Pharma, Nifty Auto, and Nifty PSU Bank were the top …
CAMS Insurance Repository Services (CAMSRep), a leading player in the Indian insurance industry, has launched a revolutionary platform called Bima Central. This one-stop solution aims to simplify insurance portfolio management for policyholders, eliminating the hassle of juggling multiple policies and providers. Features of Bima Central Many individuals in India, who often purchase insurance policies from …
On June 12, 2024, Dr Reddy’s Laboratories Ltd informed the stock exchanges that the company’s step down wholly owned subsidiary, Dr Reddy’s Laboratories, Inc. (Dr Reddy’s USA), and Ingenus Pharmaceuticals, LLC (Ingenus), a Delaware limited liability company. This agreement grants Dr Reddy’s USA exclusive rights to commercialise Cyclophosphamide Injection RTD (500 mg/2.5mL; 1g/5mL; 2g/10mL) in …
