On May 7, 2024, LTIMindtree Limited informed the exchanges that it is collaborating with IBM to establish a global, joint Generative AI Center of Excellence (CoE) in India. This co-innovation centre aims to combine the power of the IBM watsonx AI and data platform with LTIMindtree’s engineering skills. Open innovation drives the growth of enterprise …
On May 7, 2024, Tata Elxsi informed the stock exchanges that it has partnered with Arm, a global semiconductor design and software platform company. Together, the companies aim to offer advanced solutions on the latest Arm® processors, expediting Automotive OEMs’ and Tier-1s’ transition to software-defined vehicles (SDVs). The automotive landscape is shifting towards software-defined vehicles …
On Wednesday, the benchmark indices were trading in the red with the Sensex down around 175 points or 0.25% at 73,340, while the Nifty-50 was down around 31 points or 0.14% at 22,272. About 2,121 shares have advanced; 1,256 declined and 153 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
REC Ltd. is a Maharatna company under the administration of the Ministry of Power, It is registered with RBI as a Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC). The company is set to raise Rs.6000 crores through bonds which have been accredited with the highest credit rating of ‘AAA …
On May 8, 2024, Larsen & Toubro (L&T) informed the stock exchanges that the company’s Power Transmission & Distribution (PT&D) business had received multiple orders globally, which testifies to its leading position in the clean energy space in India. The PT&D business has won orders to set up two Floating Solar Plants in India, comprising …
On May 8, 2024, Radico Khaitan informed the stock exchanges that the company’s brand, Jaisalmer Indian Craft Gin, leads India’s luxury craft gin space with about 50% market share, contending against the international brands. The company stated that launched in 2018, Jaisalmer Indian Craft Gin stands as a testament to the company’s dedication to quality …
Canara Bank, one of India’s leading public sector banks, recently released its financial results for the fourth quarter of the fiscal year 2023-24. The bank’s performance metrics provide valuable insights into its operational efficiency, asset quality, and strategic initiatives. Global and Domestic Business Expansion Canara Bank’s global business flourished in Q4 FY24, registering an expansion …
During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Peninsula Land Ltd Peninsula Land Ltd has shown significant market activity with its stock price peaking at Rs 64.7 today before settling at Rs 61.15, which marks a sharp rise of 12.62% from …
On Wednesday, benchmark indices concluded the trading day on a flat note, with the Sensex marginally declining by 0.06% to close at 73,466.39, while the Nifty closed unchanged at 22,302.50. Nifty Auto, Nifty Energy, and Nifty Metal closed as Top gaining sectors, whereas Nifty Bank, Nifty Financial Services, and Nifty IT were among the top …
On May 8, 2024, GTPL Hathway Limited informed the stock exchanges about the launch of Linear Television content on Connected TVs via TVKey Cloud, a joint solution developed by NAGRA and Samsung. The company stated this is a significant milestone for them as it unlocks new opportunities for viewers to access linear content. The service …
