On April 17, 2024, Infosys Ltd informed the stock exchanges that the company collaborated with Proximus, the leading digital services and communications solutions provider in Belgium, on the ServiceNow platform. Details of the Collaboration Infosys announced a successful collaboration with Proximus. The company helped Proximus to standardise its existing processes on the ServiceNow platform and …
On April 17, 2024, Muthoot Finance informed the stock exchanges that the company had acquired additional shares of Belstar Microfinance Ltd. Details of the Acquisition Muthoot Finance stated following the Board’s decision to acquire an additional stake in Belstar Microfinance Limited (Subsidiary) and subsequent intimations dated March 21, 2024, and March 28, 2024, the acquisition …
On April 17, 2024, the flagship company of Adani Portfolio, Ambuja Cements Ltd (Ambuja), announced that the promoters of the company – the Adani family have fully subscribed to the warrants program in the company with further capital infusion of ₹8,339 crore. This infusion took the capital added by the Adani family to ₹20,000 crore. …
Biocon Limited, a leading global biopharmaceutical company, recently announced a significant step in expanding access to its innovative diabetes treatment. Biocon signed an exclusive licensing and supply agreement with Biomm S.A., a prominent speciality pharmaceutical company in Brazil. This strategic partnership paves the way for the commercialisation of Semaglutide (gOzempic) in the Brazilian market, a …
On April 18, 2024, DroneAcharya Aerial Innovations informed in an exchange filing that the company had signed an agreement with CBAI Technologies Private Limited to procure 200 Type Certified training drones over three years. This marks a significant stride in DroneAcharya’s mission to revolutionise drone education and skill development in the country. Commenting on the …
On April 17, 2024, Technvision Ventures Limited announced in an exchange filing that the company’s step-down subsidiary, Emagia Corporation, launched GiaPay, an Al-powered B2B Payments Orchestration solution designed for the modern B2B payments needs of global enterprises. The company stated that the new platform, Giapay, is available as a stand-alone solution with API connectors and …
As of April 18, 2024, the Vedanta group company Hindustan Zinc Limited, which produces zinc, lead, and silver, has become the third-largest producer of silver worldwide, according to the World Silver Survey 2024 carried out by “The Silver Institute,” USA. The company’s Sindesar Khurd Mine has risen from fourth to second place in the world …
The leading local search engine company, Just Dial Limited, recently declared its results for the fourth quarter ended March 31, 2024 (Q4 FY2024). The company recorded YoY growth of 16.2% in operating revenue ₹270.3 crore. The operating revenue witnessed a surge of 2.0% on a QoQ basis. Operating EBITDA for the quarter stood at ₹70.6 …
After logging a hat-trick of losses, the Indian benchmark indices started off Thursday’s session on a positive note, with Nifty and Sensex trading up by 0.15% and 0.03%, respectively. However, benchmark indices have cooled off from the day’s high. That said, market breadth is firmly in favor of advances, as more than 1500 stocks were …
The New Age Indian FinTech company, whose Initial Public Offer came at a offer price of Rs. 2100 has fallen drastically from there losing more than 80% of the value of its offer price and currently trading at Rs.393 a piece on 18th April. Why such a drastic fall? In the past months, the stock …
