On June 12, 2024, Saksoft Limited announced in a stock exchange filing the strategic acquisition of Augmento Labs, a digital engineering company based in Bangalore, Karnataka. This move aims to strengthen Saksoft’s capabilities and presence in the product engineering sector. The company stated that it expects the transaction to be finalised by the end of …
On June 13, 2024, One97 Communications Ltd, known for its platform Paytm, informed in an exchange filing that Samsung, India’s largest consumer electronics brand, has launched flight, bus, movie, and event ticket bookings on Samsung Wallet. This launch is in partnership with One97 Communications Ltd. The partnership aims to enhance consumer convenience by offering a …
Companies with Significant Net Block Increase Name CMP (Rs) Market Cap (Rs crore) Net block (Rs crore) Net block 3Years back (Rs crore) Net block increase (%) Debt (Rs crore) Debt 3Years back (Rs crore) Debt reduction (%) Ideaforge Tech 685 2937.65 114.43 0 – 14.49 65.2 -77.78% GKW 2400 1432.81 2556.57 16 15878.56% 0.03 …
On June 12, 2024, the Nifty 50 rose 0.25% and closed at 23,322, and the Sensex dropped 0.20%, closing at 76,606. Top Gainers and Losers On the sectoral front, Nifty Media, Nifty Media, Nifty PSU Bank, Nifty Mid Small Healthcare, and Nifty Oil and Gas ended in the green. Meanwhile, Nifty FMCG, Nifty Auto, and …
On June 12, 2024, Tata Communications unveiled a 5-year agreement to provide global host broadcasting services for the World Athletics Series. Beginning in 2025, Tata Communications will serve as a pivotal strategic partner for World Athletics, aiming to enhance innovation and elevate audience engagement to unprecedented levels. The partnership begins amidst a significant year for …
On June 12, 2024, Gujarat Fluorochemicals Limited informed the exchanges that GFCL EV Products Limited, a wholly-owned subsidiary of Gujarat Fluorochemicals Limited, established its wholly-owned subsidiary in the Sultanate of Oman, named GFCL EV (FZC) SPC on June 11, 2024. The industry in which the established entity GFCL EV operates is developing a new project …
On June 12, 2024, Brigade Group, a leading real estate developer, announced the launch of Brigade Icon Residences, a luxurious mixed-use development on Chennai’s historic Mount Road. To expand its presence, the company plans to invest over ₹8,000 crore in Chennai by 2030, over 15 million sq ft. The residential projects alone are expected to …
On June 12, 2024, shares of Kirloskar Brothers Ltd (KBL) achieved a significant milestone by touching the Rs 2000 mark for the first time. The journey to this milestone has been swift, especially in the past year. On May 11, 2023, KBL shares crossed the Rs 500 mark, taking 4,788 days to reach this point. …
Union Bank of India, commonly referred to as Union Bank, is an Indian public sector bank headquartered in Mumbai. It has 153+ million customers. After the merging with Corporation Bank and Andhra Bank, which came into effect on 1 April 2020, the merged entity became one of the largest PSU banks in terms of branch …
In January 2020 Bharti Airtel raised $1,000 Million through foreign currency convertible bonds which were convertible into the company’s fully paid-up equity shares of Rs.5 each at any time on or after February 27, 2020, and up to February 7, 2025. On 11 June 2024, Bharti Airtel announced that it had converted $49.87 Million worth …
