Prime Focus Limited (PFL), a leading media and entertainment services provider, announced a significant financial manoeuvre to bolster its position. This strategic move involves converting a substantial loan owed by Prime Focus Technologies Limited (PFT), an unlisted material subsidiary of PFL, into equity shares of PFT. Conversion Details and Rationale On May 29, 2024, PFL …
On May 30, 2024, PTC Industries Limited, a renowned producer of precision metal components and materials crucial for various critical and super-critical uses, disclosed its financial outcomes for the quarter concluding on March 31, 2024. Financial Performance Highlights In Q4 FY 2024, total income reached ₹765.0 million, a 22.0% YoY increase from ₹626.9 million in …
Sterlite Power, a leading power transmission company, has secured funding for its Neemrana II Kotputli Transmission Limited (NKTL) project. The project has obtained funds totaling Rs.1373 crore from the Power Finance Corporation (PFC), a Maharatna Public Sector Enterprise known for its critical role in the power sector. The NKTL Project Sterlite Power acquired the Neemrana …
About Order Marine Electricals (India) Limited has secured a significant contract from Larsen & Toubro Shipbuilding (L&T Shipbuilding). The order, valued at Rs 10.35 crore (approximately USD 1.24 million), involves the supply of Data Distribution Units (DDUs). This win demonstrates Marine Electricals’ capability to meet the requirements of a reputed shipbuilding company, potentially enhancing its …
Seino Holdings Co. Ltd, a leading Japanese logistics firm, is venturing into the Indian market by collaborating with Mahindra Logistics Limited. The partnership aims to provide integrated logistics solutions, including auto outbound, warehousing and transportation, and a comprehensive technology suite, to Japanese automotive and strategic non-auto customers in India. The size of the joint venture …
On May 30, 2024, PVR INOX announced in an exchange filing the opening of its luxury cinema at Urban Square Mall in Udaipur, Rajasthan. At six screens, this is the largest multiplex in the city, with a seating capacity of 1,009 seats. The newly opened 6-screen property features the city’s first INSIGNIA cinema format, making …
On May 30, 2024, HCL Technologies Limited (HCLTech) informed the stock exchanges that HCLTech AI Force is now available on Google Cloud’s Gemini models. HCLTech’s GenAI platform, which is patented and system-agnostic, accelerates the value of GenAI investments. It now integrates Google’s multimodal large language model (LLM) Gemini, fostering innovation at scale. HCLTech AI Force …
On May 30, 2024, Dredging Corporation of India Limited, a leader in the Dredging Industry, released its results for the year ended March 31, 2024. In the Financial Year 2023–24, Dredging Corporation of India reported a profit of ₹35.68 Crore, a significant increase in profitability over the previous FY23 profit of ₹15.18 crore. Due to …
On May 30, 2024, FDC Limited, one of the leading fully integrated pharmaceutical companies in India, announced their financial performance for the quarter ended March 2024 and the financial year 2024. Financial Performance in Q4 FY 2024 In the quarter ended March 2024, FDC Limited’s operating revenue was ₹462 crore, which is up by 6.3% …
Yatra Online Limited, India’s leading corporate travel services provider, has unveiled a comprehensive expense management solution designed to revolutionise how businesses handle travel and non-travel expenditures. One-Stop Shop for Streamlined Expense Management This innovative tool seamlessly integrates travel bookings and expense tracking, optimising the entire process for domestic and international companies. Yatra’s solution promises unmatched …
