Adani Ports and Special Economic Zone placed an order for 8, 70-tonne bollard pull tugs from Cochin Shipyard, valued at ₹450 Crore. This move aims to improve vessel operation efficiency in Indian ports. Order Details The tugs, each with a 70-tonne bollard pull capacity, are expected to be delivered between December 2026 and May 2028 …
On December 27, 2024, Dixon Technologies’ share price traded 0.41% lower at ₹17,963.60 at 11:00 AM on NSE. The stock opened at ₹18,244 higher than ₹18,038.15 against the previous close. MoU Details Dixon Technologies (India) Limited’s wholly-owned subsidiary, Dixon Electro Manufacturing, signed a Memorandum of Understanding with Cellecor Gadgets Limited. The MOU outlines the manufacturing of refrigerators …
The sugar industry in India plays a vital role in the rural economy, supporting millions of sugarcane farmers and providing employment to around 5 lakh workers in sugar mills. As the largest global consumer and second-largest producer of sugar, India’s sugar sector offers significant growth opportunities for investors. In this article, find the best sugar …
Fiscal 2024 proved to be a mixed year for India’s automobile sector, with several challenges impacting exports. Economic slowdowns in key global markets, tightening fiscal policies, and geopolitical tensions negatively affected overseas shipments. Exports of two-wheelers, tractors, and commercial vehicles saw notable declines of 5%, 21%, and 16%, respectively, while the auto parts sector fared …
Allcargo Logistics Limited has released its operational performance for November 2024, highlighting growth across its key segments: LCL, FCL, and Air operations. LCL (Less-than-Container Load) Operations LCL volumes continued to exhibit steady growth, marking a year-on-year (YoY) increase for the fourth consecutive month. The volume stood at 7,18,000 cubic meters in November 2024, slightly higher …
Redtape Ltd has announced a series of significant developments including the declaration of an interim dividend, a proposed bonus issue, and an increase in the authorised share capital of the company. Interim Dividend The Board of Directors has approved an interim dividend of ₹2 (100%) per equity share of ₹2 each for the financial year …
Government stocks in India refer to shares of publicly traded companies that are either owned or significantly controlled by the government. These stocks often represent industries crucial to the nation’s infrastructure, economy, and development, such as energy, transportation, and finance. In this article, check the best government stocks list in January 2025, based on the …
November 2024 is set to bring several new fund offerings (NFOs) to India’s mutual fund landscape, providing fresh investment opportunities across a wide range of asset classes. These NFOs include sector-specific funds, thematic funds, index funds, and multi-cap funds, giving investors diverse options to consider based on their risk tolerance and financial goals. In this …
Surya Roshni Limited, a leading player in the Indian lighting and steel pipe industry, has announced the issuance of bonus equity shares. This move comes after obtaining shareholder approval and regulatory clearances, highlighting the company’s commitment to enhancing shareholder value. Key Highlights of the Bonus Issue The company will issue bonus equity shares in the …
NMDC announced a bonus issue of shares in a 2:1 ratio, with the record date of December 27, 2024. Shareholders holding 1 share will receive 2 bonus shares. As per the news reports, the company further informed that the date of allotment is December 30, 2024, and the shares will be made available for trading from …
