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Stock to Watch: LIC Housing Finance – Multi-Year Breakout on Horizon

23 April 2024

On Monday, the Nifty closed with gains of 189.40 points or 0.86%, forming a Dragonfly Doji candlestick pattern on the daily timeframe. This bullish pattern was supported by a broad market rally, with most sectors participating, led by PSU Banks and Pharma. Looking ahead, the Nifty’s immediate resistance is expected to be between 22,400 and …

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A Comprehensive Comparison: Tata Group vs. Birla Group

18 April 2024

The Tata Group and Aditya Birla Group are widely recognized entities in India, enjoying strong goodwill among both customers and shareholders. The Tata Group has consistently been in the spotlight, experiencing significant changes such as its upcoming IPOs and the recent listing of Tata Technologies Limited. Meanwhile, Aditya Birla Group companies like Grasim Industries have …

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Ramkrishna Forgings Approved as Supplier for US Electric Vehicle Giant

18 April 2024

On April 18, 2024, Ramkrishna Forgings Limited informed the stock exchanges that the company got approval to supply power train components to the USA’s largest electric passenger vehicle producer. Details of the Partnership One of the leading suppliers of rolled, forged, and machined products, Ramkrishna Forgings Limited, announced this is a noteworthy milestone for the …

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DreamFolks Services Partners with RedBeryl to Redefine Luxury Experience

18 April 2024

On April 18, 2024, DreamFolks Services Ltd informed the stock exchanges that the company made a strategic partnership with RedBeryl to provide luxury experiences to its customers. Details of the Partnership The tech‐enabled global travel and lifestyle experience company, DreamFolks, announced a strategic partnership with RedBeryl who is a prominent company in offering luxury lifestyle …

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Talbros Automotive’s JV Secures ₹1,000 Crore Contract

18 April 2024

On April 18, 2024, Talbros Automotive Components Limited informed the stock exchanges that the company’s joint venture company, Marelli Talbros Chassis Systems Private Limited, secured a landmark multi-year ~₹1,000 crore contract from a large European Original Equipment Manufacturer (OEM). Details of the Contract  Talbros Automotive Components Limited (TACL) announced an order win from a large …

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Infosys Partners with Proximus to Transform Customer Service Management

18 April 2024

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 …

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Muthoot Finance Boosts Stake in Belstar Microfinance to 66.13%

18 April 2024

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 …

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Adani Family Finished Warrant Subscription: Infusion of ₹20,000 Crore

18 April 2024

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. …

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Biocon Strengthened Its Business Operations: Signed Agreement With Biomm S.A.

18 April 2024

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 …

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DroneAcharya Aerial Innovations Partners with CBAI Technologies for 200 Training Drones

18 April 2024

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 …

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