September 12, 2024, marks a significant milestone for Raymond Limited as the company announces its Board of Directors’ approval to invest up to ₹100 Crore in its step-down wholly owned subsidiary, Ten X Realty West Limited (TXRWL). This investment will take the form of Redeemable Preference Shares, issued in one or more tranches. The terms …
Since its founding in 1974, Hindustan Petroleum Corporation (HPCL) has developed into one of India’s top oil and gas companies. The company offers a broad variety of petroleum products to consumers by running refineries, pipelines, and marketing operations across the nation. In all facets of its business, HPCL is renowned for its dedication to sustainability, …
Lupin Limited, a major player in the pharmaceutical space, has announced stepping into the renewable energy scene by acquiring a 42.61% stake in Sunsure Solarpark Seventeen Private Limited, a subsidiary of Sunsure Energy, this highlights Lupin’s push towards sustainability while also cutting down on power costs for its operations. What the Deal Looks Like Sunsure …
Introduction Thermax Limited, a leading player in the energy and environment sector, has announced a strategic partnership with Ceres Power Limited, a subsidiary of UK-based Ceres Power Holdings plc. This collaboration marks a significant step toward manufacturing and commercializing advanced Solid Oxide Electrolysis Cell (SOEC) technology in India, aiming to revolutionize green hydrogen production. The …
Introduction: A New Milestone for Shankara Buildpro Shankara Building Products Limited, one of the leading players in India’s building materials industry, has taken a significant step forward by inaugurating a state-of-the-art experience center for its exclusive tile and bathware brand, Fotia, in Morbi, Gujarat. This new center marks a strategic move to strengthen Shankara Buildpro’s …
On September 12, 2024, EaseMyTrip, a top online travel platform in India, introduced ScanMyTrip.com, India’s first travel services marketplace. This platform allows online travel agents (OTAs), small and medium enterprises (MSMEs), travel agents, and homestays to list their services—such as flights, hotels, and accommodations—on the ONDC Network. By integrating with the ONDC Network, EaseMyTrip enables …
Introduction: Pioneering Digital Transformation in the UK HFCL, a renowned leader in the telecom and digital network industry, recently made headlines at the Connected Britain 2024 event by showcasing its latest high-density fiber solutions. As the UK accelerates its journey toward nationwide gigabit-capable connectivity, HFCL’s innovative products are set to play a pivotal role in …
Leading the energy industry in the nation, GE has excellent engineering, manufacturing, project management, and product and solution supply capabilities for power generation and transmission infrastructure needs. Listed on Indian stock exchanges are two of GE’s subsidiaries: GE Power India Limited and GE T&D India Limited, having extended their operations into new markets and regions. …
Offering cozy and reasonably priced lodging options for tourists visiting India, Lemon Tree Hotels has made a name for itself in the country’s hospitality sector. The hotel chain has gained popularity as a top option for both business and leisure travelers seeking high-quality accommodations at reasonable costs due to its extensive presence in major cities …
Ramkrishna Forgings Ltd primarily manufactures and sells forged components for automobiles, railway wagons, coaches, and engineering parts. It is the second-largest forging company in India. The company made headlines recently, by selling its entire 100% stake in Globe All India Services Limited to Yatra Online Limited. The deal, valued at Rs.128 Crores after adjusting for …
