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Delhivery’s AI-powered RTO Predictor Helping Businesses to Reduce Logistics Costs

Delhivery’s AI-powered RTO Predictor Helping Businesses to Reduce Logistics Costs

10 May 2024

Delhivery Limited, India’s leading integrated logistics provider, announced today the success of its AI-powered RTO Predictor in significantly reducing return costs for D2C brands. This solution has already empowered over 4,800 brands, including notable names like Heads Up for Tails, Healthkart, W for Woman, and Be Minimalist. Launched in 2024, the RTO Predictor is available …

Netweb Technologies Inaugurates India’s Flagship High-End Computing Manufacturing Unit

Netweb Technologies Inaugurates India’s Flagship High-End Computing Manufacturing Unit

10 May 2024

On May 10, 2024, Netweb Technologies informed the exchanges about the inauguration of India’s flagship end-to-end high-end computing servers, storage and switch manufacturing unit. Today, the inauguration ceremony marked a significant advancement in strengthening the Government of India’s “Make in India” initiative at its newly established facility in Faridabad. A leading technology solutions provider, Netweb …

Strides Pharma Secures US FDA Nod for Sevelamer Carbonate Tablets, 800 mg

Strides Pharma Secures US FDA Nod for Sevelamer Carbonate Tablets, 800 mg

10 May 2024

On May 10, 2024, Strides Pharma Science Limited informed the stock exchanges that the company’s step-down wholly owned subsidiary, Strides Pharma Global Pte. Limited, Singapore, got approval for Sevelamer Carbonate Tablets, 800 mg, from the United States Food & Drug Administration (US FDA). The company stated that the product is therapeutically equivalent and bioequivalent to …

Thomas Cook India Introduces TCPay for International Money Transfers

Thomas Cook India Introduces TCPay for International Money Transfers

10 May 2024

On May 10, 2024, Thomas Cook India informed the exchanges about the launch of TCPay, a new digital service that simplifies and streamlines international money transfers. The company stated that the conventional way to send money abroad was regarded as a difficult process that involved visits to branches, cumbersome paperwork, and fixed working hours. Addressing …

Bank of Baroda Q4 Results, NII and Net Profit Beats Street Estimates

Bank of Baroda Q4 Results, NII and Net Profit Beats Street Estimates

10 May 2024

The Public Sector Bank, Bank of Baroda has reported its Q4 FY 2023-24 results today, The Net profit in this quarter rose by 2.3% on a year-on-year basis to Rs.4,886.5 crores as compared to  Rs.4,775.3 crores in Q4 FY 2022-23. Q4 Performance of Bank of Baroda In the fourth quarter of FY24, Bank of Baroda, …

Polycab India Released FY2024 Earnings: Revenue Soars 27%

Polycab India Released FY2024 Earnings: Revenue Soars 27%

10 May 2024

On May 10, 2024, Polycab India Limited (PIL), one of the leading wire and cable manufacturers, released its financial results for the quarter and year ended March 31, 2024 (FY 2024). Quarterly Performance During Q4 FY2024, the company witnessed a 29% YoY revenue growth, which was fueled by strong volume growth in the wires and …

Tata Steel Boosts Stake in ISWP with ₹80 Crore Investment

Tata Steel Boosts Stake in ISWP with ₹80 Crore Investment

10 May 2024

On May 9, 2024, Tata Steel Limited informed the exchanges that the company had acquired 18,73,493 equity shares of ₹10 each at an issue price of ₹427.01 per share of The Indian Steel & Wire Products Limited (ISWP). The Indian Steel & Wire Products Limited is a subsidiary company of Tata Steel. Tata Steel has …

Infosys Teams Up with ABB FIA Formula E Championship for Digital Innovation

Infosys Teams Up with ABB FIA Formula E Championship for Digital Innovation

10 May 2024

On May 9, 2024, Infosys Ltd informed the stock exchanges that they had signed a strategic three-year partnership with the ABB FIA Formula E World Championship as its official Digital Innovation Partner. ABB FIA Formula E World Championship is the global motorsport championship for electric cars. Through this alliance, Infosys will provide in-race analytics, enhance …

Praveg Limited Strengthened Business Operation: Stared Beach Resort in Diu

Praveg Limited Strengthened Business Operation: Stared Beach Resort in Diu

10 May 2024

Praveg Limited, India’s leading eco-conscious luxury resort company, announced the opening of Praveg Beach Resort at Nagoa Beach, Diu. This momentous occasion signifies a significant milestone in Praveg’s unwavering commitment to offering unparalleled experiences in luxury and hospitality. Announced just last October, the project’s swift completion within six months exemplifies Praveg’s dedication and efficiency. The …

Upper Circuit Stocks Today – 10 May, 2024

Upper Circuit Stocks Today – 10 May, 2024

10 May 2024

On Friday, the benchmark indices were trading in the green with the Sensex up around 420 points or 0.58% at 72,825, while the Nifty-50 was up around 100 points or 0.45% at 22,057. About 1,557 shares have advanced; 1,405 declined and 117 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

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