Maithan Alloys Limited, a prominent player in the Indian metals industry, announced the strategic acquisition of shares in two leading defence companies: Bharat Electronics Limited (BEL) and Hindustan Aeronautics Limited (HAL). This move signifies Maithan Alloys’ commitment to diversifying its investment portfolio and capitalising on long-term growth prospects within the Indian defence sector. Investment Objectives …
Investing in penny stocks can be an exciting option for retail investors, given their low price and potential for high returns. These stocks are priced very low, often below ₹10 per share, and have high volatility. However, it’s crucial to tread carefully, as these stocks can also be risky. One way to mitigate some of …
One of India’s oldest and biggest corporations, the Tata Group, was created in 1868 by Jamsetji Tata. Initially established as a trading company, Tata Group diversified into various sectors, including steel, automobiles, telecommunications, and hospitality. Tata Steel, founded in 1907, quickly became a prominent player in the global steel industry as India’s first integrated steel …
Hindustan Unilever Ltd. (HUL) is a British-owned Indian FMCG(Fast Moving Consumer Goods) company headquartered in Mumbai. It is a subsidiary of the British company Unilever. The Delhi High Court has halted the FMCG Giant from pursuing comparative promotions of Ponds and Nivea that can cause potential harm to the business of Nivea. Ruling of the …
On May 16, 2024, Happiest Minds Technologies Limited informed the stock exchanges about its strategic partnership with a top-tier Salesforce consulting firm, Solvio. Happiest Minds is dedicated to fostering innovation and facilitating customer achievements within key industry sectors: Manufacturing, Industrial, Healthcare & Life Sciences, Energy & Utilities, CPG & Logistics, Retail, Banking, Financial Services, and …
On May 16, 2024, Schaeffler India informed the exchanges about the strategic digital campaign for its aftermarket brand LuK, focusing on clutches and drivetrain components. Known for its longevity, original equipment-matching quality, and innovation, Schaeffler’s LuK finds its path into every third car in the world. The release of the ad films signals Schaeffler India’s …
Indiabulls Housing Finance Limited offered secured, redeemable, non-convertible debentures (secured NCDs) named Indiabulls Housing Fin. Tranche VI NCD May 2024. The issue is open for subscription between May 13 and May 27, 2024. The base issue size was Rs 100 crore, with an option to oversubscribe for another Rs 100 crore, bringing the total tranche …
Cipla Limited, a leading pharmaceutical player in India, announced a significant investment in its associate company, Achira Labs Private Limited. This strategic move underscores Cipla’s commitment to advancing Point-of-Care (PoC) diagnostic solutions in India. Strengthening the Partnership for Broader PoC Diagnostics Focus On May 15, 2024, Cipla entered into definitive agreements to invest up to …
On May 16, 2024, Adani Energy Solutions Ltd (AESL) informed the exchanges that through its subsidiary, Adani Transmission Step-Two Limited (ATSTL), it had acquired a 100% stake in Essar Transco Limited. The acquisition happened after getting requisite regulatory and other approvals for an Enterprise Value of ₹1,900 crore. The share acquisition is pursuant to definitive …
Lupin Limited announced in an exchange filing that all 12 of its manufacturing facilities, its R&D Center, and its corporate office in India have successfully finished strict audits and been certified by DNV for ISO 14001 – Environment Management Systems (EMS) and ISO 45001 – Occupational Health and Safety Management System (OHSMS). This milestone signifies …
