On Thursday, the main stock market indexes ended the day lower. The Sensex fell by 0.62%, closing at 72,488.99, and the Nifty dropped by 0.69%, closing at 21,995.85. Only the Nifty Media sector saw gains, while sectors like FMCG, Financial Services, Pharma, and Energy saw losses. Some top gainers included Bharti Airtel, Power Grid, and …
Bajaj Auto, a subsidiary of the Bajaj Group is a leading manufacturer in the two-wheeler and three-wheeler sector with a market cap of around INR 1 trillion that has a significant domestic and global outreach, it exports to 79 countries across the world. In India, Eicher Motors, TVS Motors and Hero Motocorp are considered as …
The Indian electric utility and generation company has seen tremendous growth and achievements in recent years and also has brighter growth prospects for the upcoming future. Future Projects and Plans for Tata Power: The Indian Power company is set to expand its business exponentially by powering up its solar energy capacity to more than 2.4GW …
On April 18, 2024, SJVN Ltd informed the stock exchanges that the company’s wholly-owned subsidiary had incorporated a Joint Venture company. Details of the Joint Venture Company SJVN Ltd’s wholly owned subsidiary, SJVN Green Energy Limited, has incorporated a Joint Venture Company with Assam Power Distribution Company Limited named “SGEL Assam Renewable Energy Limited”. The …
ITC Limited, a leading Indian conglomerate with a diversified presence in the Fast-Moving Consumer Goods (FMCG) sector, recently announced a strategic move to bolster its subsidiary’s cloud computing capabilities. On April 18, 2024, ITC Infotech India Limited, a wholly-owned subsidiary of ITC, entered into a Share Purchase Agreement to acquire 100% ownership of Blazeclan Technologies …
The Godrej family has started division by exiting the boards of each other’s companies and will soon divest their stakes. The separation is between the two branches of the family, where Adi Godrej and his brother Nadir are on one side and their cousins Jamshyd Godrej and his sister Smita Godrej are on the other …
Indian benchmark indices are poised to open lower due to reports of fresh conflict in the Middle East, dampening market sentiment. Titan Company Limited Titan Company Limited (Titan), previously known as Titan Industries Limited, was established in 1984 as a joint venture between the Tata Group and Tamil Nadu Industrial Development Corporation Limited (TIDCO). Titan …
The retail jewellery showroom operator Senco Gold Ltd announced its business update for the quarter (Q4 FY2024) and year (FY 2024) ended March 31, 2024. The company recorded a YoY growth of 39% and 28% in Q4 FY2024 and FY2024, respectively. In spite of the rising gold prices, the company recorded a YoY growth of …
In an exchange filing, Shoppers Stop informed that the company inaugurated its first store in Shillong on April 16, 2024. The company stated that this store will offer premium brands and the best experience to customers, making it the go-to destination for discerning shoppers in the city and surrounding area. With the new Shoppers Stop …
Steel Strips Wheels Limited (SSWL), a leading Indian manufacturer of automotive wheel rims, marked a significant milestone on April 16, 2024, by announcing a new alloy wheel supply agreement with a top passenger vehicle (PV) manufacturer in India. This strategic partnership strengthens SSWL’s position as a key player in the evolving Indian automotive industry, particularly …
