Company Overview Established in 1998, Indraprastha Gas Limited (IGL) is a key player in the city gas distribution sector, primarily operating in the National Capital Territory of Delhi. With a focus on distributing natural gas, IGL serves a wide range of regions including neighbouring areas such as Noida, Greater Noida, Ghaziabad, and Gurugram. As a …
The global steel industry has been facing headwinds, inviting turbulence due to geopolitical disturbances across the world, this has reflected the broader challenges and opportunities of the global market. Amidst all this, Tata Steel, one of the industry’s legacy players, has shown resilience and strategic agility amidst the turbulence The Q4 Update Tata Steel saw …
On April 08, 2024, one of the leading stainless steel manufacturers, Jindal Stainless Limited, announced in an exchange filing that its subsidiary Jindal Lifestyle has launched the first premium cookware range under its Arttd’inox lifestyle brand. Arttd’inox offers a diverse range of cookware, including frypans, saucepans, kadhais, tawas, and pressure cookers, all available in a …
Strides Pharma Science Limited (Strides), a leading pharmaceutical company, has taken a significant step towards expanding its presence in the lucrative US market. On April 9, 2024, the company announced that its step‐down wholly owned subsidiary, Strides Pharma Global Pte. Limited, Singapore, has received approval for Fluoxetine Tabs 10 mg and 20 mg from the …
On April 8, 2024, Dixon Technologies (India) Limited informed in a stock exchange filing that the company had entered into a Share Purchase Agreement and Shareholders’ Agreement for the proposed acquisition of a majority stake in Ismartu India Private Limited. Details of the Acquisition Dixon Technologies (India) Limited stated that it had entered a Share …
Today, on April 9, a significant block deal saw about 3.02 Cr shares of Axis Bank change hands, this transaction has led to a slight increase in the bank’s share price, trading around Rs.1,080. This large ticket transaction has been mostly linked to Bain Capital which was looking to exit its position from Axis Bank. …
As Gudi Padwa, Ugadi, and Padyo usher in the new year, the financial markets have provided ample reason for celebration. Both the Sensex and Nifty have reached significant milestones, with the Sensex breaching the 75,000 mark for the first time in history, while the Nifty has surged to a fresh all-time high. The market exuberance …
On April 8, 2024, ICICI Lombard General Insurance Company Limited informed the stock exchanges about the acquisition of shares in the State Bank of India. Details of the Acquisition On Monday, ICICI Lombard General Insurance Company Limited announced that the company has increased its stake in the giant of the banking industry, State Bank of …
The benchmark index S&P BSE 500 opened today at 33,061.95 and made its day high at 33,061.97, and it is trading in green today, up by around 0.40%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. Sterlite Technologies Ltd Shares …
Poonawalla Fincorp Limited (PFL), a prominent player in the Indian financial services sector, has announced a strategic move to bolster its financial resources. On April 8, 2024, they informed the stock exchanges BSE and NSE about the approval and allotment of Non-Convertible Debentures (NCDs) through a private placement. Understanding the Instrument Non-Convertible Debentures (NCDs): These …
