On May 23, 2024, prominent airline company SpiceJet announced in a stock exchange filing that it will upgrade its daily Delhi-Bangkok flight to a wide-body Airbus A340, replacing the narrow-body Boeing 737. This upgrade will expand the seating capacity to 324 passengers per flight on the route, catering to the high demand during the holiday …
The Indian stock market witnessed a historic moment as the NSE benchmark Nifty 50 index soared past the 22,800 mark for the first time ever. This remarkable achievement was driven primarily by strong performances in the banking sector, with the Bank Nifty index surging nearly 1.5%, hovering close to the 48,500 mark. However, amidst this …
On May 23, 2024, Saregama, an RPSG Group company, announced its results for the quarter (Q4 FY2024) and year (FY2024) ended March 31, 2024. Quarterly Performance Operating Revenue for the company in Q4 FY24 was ₹2,631 million, expanding at a rate of 29% YoY and QoQ. The adjusted EBITDA of ₹864 million showed a 40% …
PNC Infratech is a well-known infrastructure company, specializing in various projects such as highways, airport runways, bridges, and power transmission ventures. The company offers end-to-end infrastructure solutions, including EPC services on a fixed-sum turnkey basis. PNC Infratech Wins Bid for Maharashtra Road Projects PNC Infratech has secured the position of the lowest bidder (L1) for …
Tech Mahindra, The Indian Multinational Information Technology services and consulting company has partnered with Fuji Television which has maintained its status as an innovative leader in Japan’s Television industry since its establishment. Both companies will partner to produce content globally. How Will Tech Mahindra Assist Fuji TV? Tech Mahindra in a statement has mentioned that …
Terrific Thursday for Bulls Thursday is turning out to be a terrific session for the bulls on D-Street. The NSE benchmark Nifty 50 index has hit a fresh all-time high, surpassing the 22,800 mark for the first time ever. Meanwhile, the BSE Sensex is trading above the 75k mark, with the Nifty near the 22,850 …
On May 23, 2024, Datamatics Global Services Limited announced in an exchange filing that Dun & Bradstreet recognised the company amongst ‘India’s Top 500 Value Creators 2023’. Dun & Bradstreet is a prominent global provider of business decisions, data, and analytics, helping companies worldwide enhance their business performance. The list of the top 500 value …
L&T in the Global Construction Arena Larsen & Toubro (L&T), an Indian multinational engaged in technology, engineering, construction, and financial services, has shown remarkable growth and resilience in the face of global economic volatility. With its revenue fluctuating between the fourth and seventh positions globally, L&T stands as a testament to India’s industrial proficiency. Sr. …
On May 23, 2024, Ashoka Buildcon Limited announced their FY 2024 and Q4 FY 2024 financial results. The company reported a revenue growth of 22% YoY in the quarter ended March 2024. Standalone Financial Performance of Q4 FY 2024 The total income of Ashoka Buildcon was ₹2,532 crore in Q4 FY 2024 against ₹2,068 crore …
Indian Oil Corporation Ltd (IOCL), a leading Indian oil and gas company, has been levied fines by the Bombay Stock Exchange (BSE) and National Stock Exchange of India Limited (NSE) for non-compliance with listing regulations. The penalties relate to the composition of IOCL’s Board of Directors during the quarter ending March 31, 2024. Details of …
