On May 7, 2024, Bharti Airtel informed the stock exchanges that the company has 0.6 million customers availing 5G services in Himachal Pradesh. The company has successfully completed the deployment of 5G service across all cities and districts in Himachal Pradesh. Airtel has experienced a notable surge in 5G user numbers over the last 6 …
On May 7, 2024, Shyam Metalics and Energy Ltd informed the stock exchanges about the start of operations at the newly acquired Ramsarup plant following its indirect acquisition through its wholly owned subsidiary, Shyam Sel and Power Limited, in May 2022. The company anticipates that this operational start will generate around 2000 job opportunities, both …
On Tuesday, the market experienced its third consecutive decline, resulting in a total market capitalization loss of Rs 10 lakh crore over the past three days. The Sensex decreased moderately by 0.52%, closing at 73,511.85, while the Nifty dropped by 0.62%, closing at 22,302.50. Among sectoral indices, Nifty FMCG and Nifty IT ended on a …
ABB India Ltd announced on May 7, 2024, that the company’s first-of-its-kind Miniature Circuit Breaker (MCB) touched a milestone 100-year anniversary of protecting electrical circuits while evolving to meet the sustainability needs of the future. MCB has changed our everyday lives by providing safety for both commercial and residential buildings, reducing the risk of unforeseen …
On May 7, 2024, Thomas Cook (India) Limited informed the stock exchanges that the company had launched its Video KYC with paperless processes to support its retail customers. With this digital solution, the company strives to make it easy and convenient for customers to avail of foreign exchange services from the comfort of their homes. …
On May 6, 2024, Oberoi Realty informed the stock exchanges that the company had entered into a Development Agreement to develop land and redevelop a large housing society spread over approximately 12,790 square meters in the Adarsh Nagar area of Worli, Mumbai. The company stated that the land parcel is leased to Maharashtra Housing and …
On May 7, 2024, Redington Limited informed the stock exchanges that the company’s step-down subsidiary Arena Bilgisayar Sanayi Ve Ticaret A.S, Turkey (Arena ), signed a definitive agreement with Iyzi Payment and Electronic Money Services Inc, Turkey (Iyzico). The agreement is to sell 100% of the equity held by Arena in its wholly-owned subsidiary, Paynet …
As a subsidiary of Hindalco Industries Limited, a leading player in the aluminium and copper industries since 2007, Novelis benefits from being part of the Aditya Birla Group. Novelis is the leading provider of rolled aluminium products worldwide, catering to various industries such as beverage cans, automotive, architecture, and electronics. The acquisition aimed to enhance …
Store Expansion and Recovering Customer Footfall DMart witnessed significant store expansion in FY24, increasing its network from 155 stores in FY18 to 365 stores. This growth reflects DMart’s commitment to geographical diversification and reaching new customer segments. The following table showcases DMart’s year wise store count Year Dmart Stores FY20 214 FY21 234 FY22 284 …
TVS Supply Chain Solutions Limited (TVS SCS), a leading player in the Indian logistics landscape, has further strengthened its long-standing partnership with VE Commercial Vehicles (VECV) by securing a new three-year contract. The company signed an agreement with VECV to manage the in-plant warehousing and logistics operations at VECV’s Eicher bus factory in Baggad, Madhya …
