The Securities and Exchange Board of India (SEBI) has concluded its investigation into allegations of insider trading involving former Infosys employees and associated entities. On Monday, the regulator lifted restrictions imposed on 16 entities, including some former employees of the IT giant. The case stemmed from suspicious trading patterns observed around Infosys’ financial results announcements …
On September 9, 2024, Awfis Space Solutions Limited, India’s leading flexible workspace provider, announced it has signed a Business Transfer Agreement with SMS Integrated Facility Services Private Limited (SMS) to sell its facility management division, Awfis Care, for ₹27.5 crore. Maple Capital Advisors acted as the sole advisor to Awfis for this deal, which is …
On September 9, 2024, Tata Power Solar Limited, one of India’s largest solar cell and module manufacturers and a subsidiary of Tata Power Renewable Energy Limited (TPREL), announced the start of commercial production at its 2 GW solar cell manufacturing facility in Tirunelveli, Tamil Nadu. This facility is the largest of its kind in India. …
JSW Infrastructure Limited has announced a capital expenditure (capex) plan of ₹2,359 crore to expand the capacity of its Jaigarh and Dharamtar ports. This initiative is part of the company’s broader growth plan to increase its overall capacity to 400 million tonnes per annum (MTPA) by FY2030, from the current capacity of 170 MTPA. As …
Bharti Airtel has announced the launch of a Fixed Deposits (FD) marketplace through its digital arm, Airtel Finance. This new platform offers customers the opportunity to invest in fixed deposits with attractive interest rates of up to 9.1% per annum. By integrating this offering into the Airtel Thanks App, Airtel Finance continues to expand its …
JSW Energy Limited has received a Letter of Award (LoA) for a 600 MW Wind-Solar Hybrid Power Project, which includes 400 MW allotted under the green shoe option, from the Maharashtra State Electricity Distribution Company Limited (MSEDCL). This award is part of MSEDCL’s Phase IV program. This capacity increase strengthens JSW Energy’s renewable energy …
The oil and gas sector is one of India’s 8 core industries and significantly impacts decision-making across other key economic sectors. India’s economic growth is closely tied to its energy needs, leading to a forecasted increase in oil and gas demand. As of 2023, India remains the third-largest global oil consumer. Oil demand in India …
As a major agricultural country, India has a high demand for fertilizers due to widespread crop cultivation. Fertilizer companies support the agricultural industry by providing essential nutrients to the soil. Urea, DAP, and complex fertilizers dominate the market, which has seen significant growth thanks to strong government support and the entry of private players. Let’s …
Sealmatic India Limited has made significant strides in the nuclear sector, and the company’s future looks even brighter as India plans to build 14 additional 700 MW nuclear power reactors, expected to commence operations progressively by 2031-32. This expansion aligns perfectly with Sealmatic’s expertise, as the only mechanical seal company in India accredited with ISO …
Introduction: GST Rate Revision Ignites Snack Stocks Shares of Gopal Snacks Ltd., Bikaji Foods Ltd., and Prataap Snacks Ltd. saw a significant rally on Tuesday, with gains ranging between 4-6%. This surge followed the GST Council’s announcement on Monday, revising the GST rate on extruded namkeen snacks from 18% to 12%. The market responded positively, …
