On May 29, 2024, Ramco Systems Limited announced that its subsidiary, Ramco Systems Sdn. Bhd., Malaysia has entered into a strategic partnership with Ramsol Group Berhad, a leading Human Capital Management (HCM) solutions and technology provider and a wholly-owned subsidiary of RAMS Solutions Sdn Bhd. As part of the strategic partnership, Ramssol will distribute, resell, …
ABCL provides a comprehensive suite of financial solutions across Loans, Investments, Insurance, and Payments to serve the diverse needs of customers across their lifecycle. As of March 31, 2024,. Aditya Birla Capital has said in a recent regulatory filing that it has infused around Rs.300 crores in its housing finance arm. AB Capital Infused Rs.300 …
SAMHI Hotels Limited, a prominent branded hotel ownership and asset management platform in India, announced its results for the quarter and year ended March 31, 2024. Quarterly Performance The RevPAR for Q4 FY2024 was 4,830, indicating a YoY increase of 16.9%. Furthermore, the YoY growth rates for Asset EBITDA and Asset Income were 35.4% and …
RR Kabel Ltd, an important part of the RR Global Group, is a major player in India’s consumer electrical industry, excelling in wires, cables, and fast-moving electrical goods (FMEG). Over its 20-year history, the company has expanded across multiple verticals including switches, fans, lighting, switchgear, and appliances, offering a comprehensive product range for residential, commercial, …
Healthcare Global Enterprises Limited (HCG), one of the largest providers of cancer care in India under the brand “HCG,” released its results for the quarter, and the year ended on March 31, 2024. Quarterly Performance The overall average revenue per occupied bed (ARPOB) increased by 10% to ₹41,802 in Q4 FY24 from ₹38,042 in Q4 …
The benchmark index S&P BSE 500 opened today at 33,584.03 and made its day high at 33,590.42, and it is trading in red today, down by more than 0.50%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Emami Ltd Shares …
Domestic indices were trading lower today, with all sectoral indices in the red except for the BSE Bankex Index. Significant losses were observed in the metals, information technology, and consumer durables sectors. At 10:15 am, the BSE Sensex tumbled 0.60% reaching a level of 74,051. The Nifty 50 index fell 0.65% to the 22,556 level. …
Tata Steel, one of India’s leading steel producers, has announced a financial move to strengthen its resources. The company’s board has approved a plan to raise Rs. 3000 crore through the issuance of Non-Convertible Debentures (NCDs) which aims to work on the company’s financial stability and support its expansion plans. Fundraising Strategy The decision to …
On Thursday, the benchmark indices were trading in the red with the Sensex down around 333 points or 0.46% at 74,157, while the Nifty-50 was down around 116 points or 0.51% at 22,589. About 1,288 shares have advanced; 1,838 declined and 117 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Edelweiss Group (officially known as Edelweiss Financial Services Limited) is an investment and financial services company. The company deals in various financial services ranging from brokerage services to life insurance and general insurance, private equity, and other investment-related services through subsidiaries. The Reserve Bank of India has barred its subsidiaries, Edelweiss Asset Reconstruction Company and …
