On Thursday, the shares of Shriram Asset Management Company closed at its upper circuit at Rs 193.05, up by 10% from its previous closing of Rs 175.50 on the BSE. Shriram Asset Management Company (Shriram AMC) is all set to launch the Shriram Multi Asset Allocation Fund on August 18, 2023. This new fund aims …
On September 16, 2024, Firstsource Solutions Limited, a top global provider of specialised business process services and part of the RP-Sanjiv Goenka Group, announced a new partnership with Microsoft. This collaboration aims to bring advanced digital transformation services to clients around the world. By leveraging Microsoft Azure’s OpenAI Service, Firstsource plans to boost its service …
The Veefin Group of Companies has continued its aggressive expansion, announcing the acquisition of end-to-end digital lending platform EpikIndifi in a cash and equity swap deal valued at approximately ₹125 crore. This marks the third acquisition for Veefin Group in FY 24-25 as it seeks to become a comprehensive working capital finance platform. With the …
On September 16, 2024, Thomas Cook (India) Limited announced via a stock exchange filing that it has expanded its presence by opening a new branch in New Town, Kolkata, aiming to tap into the city’s growing market and its surrounding areas, including Action Area 1, 2, 3, and Rajarhat. This new location brings the company’s …
Introduction The Nifty50 index isn’t the only one making headlines; the Nifty Smallcap 100 index also marked an all-time high on Monday. Amidst this rally, a small-cap stock that’s catching investors’ eyes is Rhetan TMT Ltd. This stock has surged about 28% in the last week alone and boasts a year-to-date gain of 65.50%. The …
Sandur Manganese & Iron Ores Limited (SMIORE), established in 1954, is part of the Karnataka-based Sandur Group. It mines low-phosphorus manganese and iron ore in the Hosapete-Ballari region and produces ferro-alloys like silico-manganese and ferro-manganese, as well as coke at its plant near Hospet. SMIORE is the third-largest manganese ore miner in India. The company …
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As the Indian government accelerates its infrastructure development, Responsive Industries Ltd. is poised to benefit significantly from the announcement of 75 new tunnel projects across the country. The government’s commitment of ₹1 lakh crore to these initiatives will drive a surge in demand for high-quality construction materials. Known for its expertise in PVC membranes and …
BPCL, or Bharat Petroleum Corporation Limited, is a prominent oil and gas enterprise in India. Processing crude oil and supplying petroleum products to Indian consumers is essential to the nation’s ability to meet its energy needs. BPCL is dedicated to guaranteeing the country’s energy security and has a significant presence in both the upstream and …
Thermax Ltd has announced a strategic collaboration with Ceres Power Limited, a subsidiary of Ceres Power Holdings plc (CWR.L), a leading clean energy technology developer. The two companies have entered into a non-exclusive, global license agreement allowing Thermax to manufacture, sell, and service stack array modules (SAM) based on Ceres’ advanced solid oxide electrolysis cell …
