Bajaj Auto, a leading Indian two-wheeler manufacturer, announced a significant move on April 18, 2024, that promises to accelerate their growth trajectory. The company’s board of directors approved an additional fund infusion of ₹2,250 crore (approximately USD 2.6 billion) into its wholly-owned subsidiary, Bajaj Auto Credit Limited (BACL). This strategic investment signifies Bajaj Auto’s commitment …
On April 18, 2024, Rajoo Engineers Ltd, a pioneering force in the field of plastic processing machinery through an exchange filing, announced the inauguration of its expanded facility in Rajkot. This expansion proves to be a major milestone for the company as it triples its manufacturing capacity to meet growing demands and enhance operational efficiency. …
On April 18, 2024, a significant development emerged in India’s logistics sector with the signing of a Memorandum of Understanding (MoU) between Container Corporation of India Ltd (CONCOR) and PSA MESA Supply Chain Pte. Ltd (PSA MESA). This strategic partnership brings together two industry leaders aiming to revolutionise the customer experience by offering seamless and …
The real estate and infrastructure development arm of the Mahindra Group, Mahindra Lifespace Developers Ltd, announced the successful launch of the 1st Net Zero Waste + Energy residential project, Mahindra Zen, in Bengaluru. The company further added that the project witnessed an exceptional response from homebuyers, with over 150 homes booked within just 2 days, …
On April 18, 2024, Dhanuka Agritech Limited informed the stock exchanges that the company launched two key products to revolutionise crop protection and yield enhancement in agriculture. Details of the Products Agrochemical company Dhanuka Agritech Limited unveiled two groundbreaking products, the powerful insecticide ‘LaNevo’, and the bio-fertiliser ‘MYCORe Super’. The company stated that ‘LaNevo’ marks …
Tata Motors is one of the major automobile manufacturers and since 2008, Jaguar Land Rover (JLR) has been a wholly-owned subsidiary of Tata Motors. The company has recently announced Q4 results and there is a significant uptick in the sales for Jaguar Land Rover(JLR) indicating strong performance, rising demand and production. Strong demand for sporty …
On April 19, 2024, Happiest Minds Technologies Limited informed in an exchange filing that the company had signed a Share Purchase Agreement to acquire 100% equity interest in Macmillan Learning India Private Limited. Details of the Agreement Happiest Minds Technologies Limited, the IT solutions provider, has executed an agreement to acquire a 100% equity interest …
Indo Count, a household name in India and the world’s leading bed linen manufacturer and exporter, announced a strategic move on April 19, 2024, with the acquisition of the international home fashions brand Wamsutta from Beyond Inc. (NYSE: BYON). This acquisition marks a significant step for Indo Count, solidifying its position within the premium home …
On April 18, 2024, Indus Towers Limited (ITL), a leading telecom tower infrastructure provider in the country, signed a Memorandum of Understanding (MoU) with NTPC Green Energy Limited (NGEL), a subsidiary of India’s largest power utility company, NTPC Ltd. This strategic collaboration signifies a collective effort to propel India’s green energy ambitions and support the …
On Friday, the benchmark indices were trading in the red with the Sensex down around 400 points or 0.55% at 72,095, while the Nifty-50 was down around 130 points or 0.59% at 21,865. About 1,082 shares have advanced; 2,288 declined and 156 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
