Zen, a leading Indian provider of anti-drone technology and defence training solutions, has achieved a significant milestone in bolstering the nation’s air defence capabilities. The company successfully delivered its innovative Zen Anti-Drone System with Hard-Kill (Zen ADS HK) to the Army Air Defence College (AADC) in Gopalpur, Odisha. Meeting Evolving Threats The AADC, responsible for …
On June 6, 2024, Nessa International Holdings Limited, an FSN E-Commerce Ventures Limited subsidiary, established a new wholly-owned subsidiary in Kuwait named Nysaa International for Wholesale and Retail Trade. The promoter, promoter group, or affiliated entities are not involved or interested in the established entity. Therefore, there are no concerns regarding the nature of interest …
Sun Pharmaceutical Industries Limited, along with its subsidiaries and affiliates, has entered into an agreement with HaystackAnalytics Private Limited (“Haystack”). Under this agreement, Sun Pharma will acquire a 9.6% stake in Haystack’s total outstanding securities. HaystackAnalytics Private Limited (Haystack) is registered under the Companies Act 2013. Its registered office is in Mumbai. Haystack develops genomic …
Tata Chemicals Limited is an Indian multinational corporation with interests in chemicals, crop protection, and specialty chemistry products The company is headquartered in Mumbai and has operations across India, Europe, North America, and Africa. Tata Chemicals is a part of the Tata Group and its shares are listed on the exchanges. It has a market …
The Indian markets are trading in the green and higher than the closing levels of the last trading session. Currently, the BSE Sensex is trading at around 75,631, representing a gain of 0.74%, or an increase of 556.93 points compared to the closing levels of the previous day. Meanwhile, on the NSE Nifty 50, trading …
ITC Limited is an Indian conglomerate company, headquartered in Kolkata. It has a presence across six business segments, namely FMCG, hotels, agribusiness, information technology, paper products, and packaging. The ITC shareholders have approved the demerger of ITC Hotels with a majority of 99.6%. Proposed Demerger ITC approved the Scheme of Arrangement between ITC Ltd and …
The market regulator, SEBI received complaints from shareholders about receiving calls from ICICI Bank, urging them to vote in favor of delisting ICICI Securities. These calls have raised concerns among the shareholders regarding the appropriateness and ethics of such direct lobbying efforts by the bank to influence the voting outcome on the proposed delisting of …
On June 6, 2024, the Nifty 50 rose 0.89% and closed at 22,821, and the Sensex increased 0.93%, closing at 75,074. Top Gainers and Losers On the sectoral front, Nifty Realty, Nifty Media, Nifty PSU Bank, and Nifty IT ended in the green. Meanwhile, Nifty FMCG, Nifty Pharma, Nifty Healthcare Index, and Nifty Private Bank …
Hindustan Zinc Limited (HZL) has made waves in the stock market, doubling its share price in just three months. With a history dating back to 1966, HZL has established itself as a dominant player in the zinc-lead and silver industry. Let’s dive into the factors contributing to its recent surge and why you might want …
On Thursday, the market continued to recover from Wednesday’s losses, with BSE-listed companies collectively gaining Rs 8 lakh crore in market capitalization, bringing the total market cap to Rs 416 lakh crore. The Sensex rose by 0.93%, closing at 75,074.51, while the Nifty climbed by 0.89%, closing at 22,821.40. Among sectors, real estate, media, public …
