SKF India Ltd., founded in 1961, is a prominent manufacturer of bearings and related products in India. As a subsidiary of AB SKF, a Swedish company established in 1907, SKF India has made substantial contributions to both the industrial and automotive sectors. SKF India and SKF India (Industrial) Limited Demerger In a meeting held on …
Hero MotoCorp has extended its partnership with Harley-Davidson to broaden the Harley-Davidson X440 lineup and co-develop a new motorcycle model. The collaboration, which began in 2020, aims to cater to domestic and select international markets, combining Harley-Davidson’s legacy with Hero MotoCorp’s manufacturing expertise. Expanding the Harley-Davidson X440 Lineup The Harley-Davidson X440 has proven to be …
Reliance Infrastructure Limited (Reliance Infra) announced that its wholly owned subsidiary, PS Toll Road Private Limited (PSTR), has been issued substitution notices by Axis Bank and IDFC First Bank. The notices, dated December 26, 2024, pertaining to alleged defaults in maintaining the Debt Service Reserve Account (DSRA) for the six-laning project on the Pune-Satara section …
Bikaji Foods International Limited announced the incorporation of its wholly-owned subsidiary, Bikaji Bakes Private Limited (BBPL), following approval from the Ministry of Corporate Affairs on December 28, 2024. Details of the Subsidiary BBPL, with an authorised and paid-up share capital of ₹1,00,000, is dedicated to entering the bakery and frozen food segment within the FMCG …
Adani Green Energy Limited (AGEL) has taken significant steps to expand its renewable energy portfolio. Incorporation of a Subsidiary On December 28, 2024, Adani Renewable Energy Holding Nine Limited, a wholly-owned subsidiary of AGEL, incorporated Adani Green Energy Sixty Eight Limited (AGE68L). Registered in Ahmedabad, Gujarat, AGE68L’s primary objective is to generate, transform, distribute, and …
Apollo HealthCo Limited (AHL), a material subsidiary of Apollo Hospitals Enterprise Limited, has announced the acquisition of the software business operated by Searchlight Health Private Limited (SHPL). Details of the Acquisition The acquisition includes all intellectual property, improvements, related assets, liabilities, movable property, employees, contracts, and financial records. The transfer, valued at ₹67.5 crore, will …
Algoquant Fintech Limited informed the stock exchanges that the company has set January 8, 2025, as the record date for the allotment of bonus equity shares. Shareholders on this date will be eligible to receive bonus shares in a 1:2 ratio, according to the approved Scheme of Arrangement. Scheme of Arrangement The Scheme of Arrangement …
GIFT Nifty futures were trading flat with a slight negative trend at 24,989.5 around 7:30 AM. In the previous session, the Sensex gained 226 points (0.29%) to close at 78,699.07, while the Nifty50 added 63 points (0.27%) to settle at 23,813.40. Tata Motors Tata Motors plans to launch passenger electric vehicles (EVs) with a range …
Many investors prefer to invest in stocks that pay high dividends because they provide extra income. Investors can opt for these stocks for regular dividend payments. Additionally, investing in India’s top dividend-paying stocks can offer a steady income and indicate that the company is financially stable. In this blog, we will explore the highest dividend-paying …
India’s cement industry is set for continued growth, driven by the government’s focus on infrastructure development, including smart cities, highways, and housing initiatives. With significant investments in the Union Budget 2024-25, including ₹2.5 lakh crore for highway expansion and ₹1 lakh crore for rural housing, the demand for cement is expected to surge across the …
