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PTC Industries’ Extraordinary Ascent from Rs 100 to Rs 10,000 in Critical Manufacturing Sectors

3 June 2024

PTC Industries, a company which was considered as a small-cap entity a few years back but now has grown multi-fold and given unimaginable returns to its shareholders, is one such stock market performer which has made its presence felt in a big way. The company is engaged in the manufacture of components in metal, for …

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IRB Infrastructure Surges Over 10%

3 June 2024

Record Highs and Significant Gains On Monday, amidst a sea of green, many stocks touched record highs or 52-week highs. Among these, IRB Infrastructure Developers Ltd, one of India’s leading and largest integrated multinational transport infrastructure developers in the highways sector, surged more than 10%, inching closer to its 52-week high. The stock of IRB …

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Vakrangee’s Strategic Investment in Vortex Engineering: Paving the Way for Fintech Growth

3 June 2024

On June 3, 2024, Vakrangee Limited (VL) announced its finalised Share Purchase Agreement with Tata Capital Innovations Fund, securing an 18.5% equity stake in Vortex Engineering Private Limited (Vortex). This move will help the company to emerge as a prominent fintech entity in rural India. Vortex Engineering is a pioneering force in Automated Teller Machines …

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Vedanta Ltd’s Cairn Oil & Gas Aims for Net Zero by 2030

3 June 2024

On June 3, 2024, Cairn Oil & Gas, a division of Vedanta Limited, announced in an exchange filing that the company aims to achieve Net Zero Carbon status by 2030 through pioneering Environmental, Social, and Corporate Governance (ESG) leadership across the E&P value chain. As part of a comprehensive strategy, Cairn’s focused ESG roadmap includes …

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Apollo Tyres Sees Growth in India and Beyond

3 June 2024

In a recent Manchester United Football Club event, the Managing Director of Apollo Tyres, Neeraj Kanwar, said that tyres being produced in India are going to the rest of the world. These tyres, bearing the Apollo and Vredestein brands, are being distributed worldwide, including to destinations like Germany’s high-speed autobahn and now the United States …

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Gold Stocks Amid Rising Gold Prices in India

3 June 2024

Gold is more than just a precious metal in India; it’s a cultural touchstone, a symbol of prosperity, and a go-to investment option. But lately, that shine of gold has come at a steep cost. Prices have been rising consistently, which has many people asking why gold is so expensive in India at the moment. …

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AGS Transact Technologies’ Ongo’s AI-Powered Voice Control Fuelling Experience

3 June 2024

On June 3, 2024, AGS Transact Technologies Limited informed the stock exchanges that the company’s digital payments platform, Ongo, has commenced testing a voice-controlled fueling feature in its mobile application. Currently, in its pilot phase, Ongo employs Artificial Intelligence (AI) to enable users to fuel their vehicles effortlessly with voice commands. Integrated with Ongo’s AI …

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Gautam Adani Tops Asia’s Richest List Again

3 June 2024

Gautam Adani, the chairman of the Adani Group, has once again claimed the title of Asia’s wealthiest person, overtaking Mukesh Ambani, the chairman of Reliance Industries, according to the Bloomberg Billionaires Index. Adani’s net worth of USD 111 billion now positions him as the 11th richest individual globally, surpassing Ambani’s wealth of USD 109 billion, …

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Canara Bank To Dilute 14.5% Stake In Its Subsidiary Canara HSBC Life Through IPO

3 June 2024

Canara Bank is the fourth largest Public sector bank after SBI, PNB & BOB. Predominantly a South India-based bank, the bank is known for its strong business base in South India with a main focus on Gold & Agri Loans. It is the second-largest Gold Loan portfolio-based bank after the State Bank of India. Canara …

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Welspun Corp.’s Associate Company in Saudi Arabia enters Into Multiple Contracts With Armaco.

3 June 2024

Welspun Corporation limited is among the top 3 Line Pipe Manufacturers globally. With a strong focus on customer-centric solutions and innovation through R&D technology, it offers end-to-end products with exceptional quality. They are diversified in more than 50 countries and are globally recognized leaders in the businesses of steel and steel products. Headquartered in Mumbai, …

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