Macrotech Developers, also known as Lodha, has made a name for itself as one of India’s top real estate developers, renowned for its creative designs and superior construction. The company has established a reputation for delivering projects that meet the highest standards of excellence and is well-represented in important cities throughout the nation. It has …
GE T&D India Ltd’s two promoter entities, Grid Equipments Private Ltd and GE Grid Alliance BV, have decided to sell an 11.7% equity stake through an Offer for Sale(OFS). The offer is open to non-retail investors today, 19 September 2024 and to retail investors, on 20 September 2024. A floor price of Rs.1,400 has been …
Dalmia Cement (Bharat) Limited (DCBL), a wholly-owned subsidiary, signed a Share Subscription and Shareholders Agreement (SSSHA) on September 18, 2024, to acquire a 26% stake in Solsolis Solar Energy Solutions Private Limited. This acquisition involves 30,24,000 equity shares worth ₹3.02 crore, which will be completed in multiple stages. The investment aims to secure solar power …
Godrej Capital, the financial services arm of the Godrej Group, is poised to enter the affordable housing loan market as part of its ambitious growth strategy. The company aims to increase its assets under management (AUM) to ₹17,000 crore by the end of 2024, driven by a strategic focus on small and medium enterprises (SMEs), …
Heritage Foods Limited, a leading dairy products manufacturer based in Hyderabad, announced plans on Wednesday to establish a state-of-the-art ice cream manufacturing facility in Shamirpet, Telangana. The new facility, estimated to require a capital investment of ₹204 crore, aims to address the rising demand for ice cream in the region and enhance production capacity. The …
Pharma stocks continued their strong performance in August, marking the third month in a row of gains. The Nifty Pharma index climbed 6.61% in August, building on its 10.37% rise in July and 5% increase in June. Out of the 20 companies in the index, 16 ended August with positive results. Mankind Pharma led the …
Union Bank of India has taken a significant step towards enhancing its climate risk management practices by becoming a signatory to the Partnership for Carbon Accounting Financials (PCAF). This move aligns with the increasing global focus on climate change and the recent guidelines issued by the Reserve Bank of India (RBI) on climate risk disclosures. …
Shares of Suzlon Energy were abuzz on Tuesday, as they locked at the upper circuit, signaling strong market sentiment following a major block deal on the NSE. The stock opened at Rs 75.83, touched an intraday low of Rs 75.34, and was seen trading at the upper circuit limit of Rs 78.05 per share on …
Founded in 1984, Aarti Pharmaceuticals Ltd. is a member of the Aarti Group of Industries, which is worth $900 million. The company has a robust research and development division at Tarapur, Maharashtra Industrial Development Corporation (MIDC), which is close to its manufacturing locations. The company produces active pharmaceutical ingredients (APIs), pharmaceutical intermediates, and chemicals. Formulas …
Premier Energies is a manufacturing company that specializes in producing solar cells and solar modules. It was founded in 1995. Premier Energies, a leading innovator in photovoltaic products and solutions, is supported by GEF Capital, a private equity firm headquartered in Washington, DC. The state-of-the-art manufacturing facilities of Premier Energies span three distinct locations in …
