Ashok Leyland announced on Friday, December 13, that it will increase the prices of its entire range of commercial vehicles by up to 3%, effective from January 2025. The company clarified that the price hike will vary depending on the specific model and variant. Why Increase in Prices? The price increase is attributed to inflation …
Tata Consultancy Services (TCS) has partnered with Landis+Gyr, a leading energy management company based in Switzerland, to deliver innovative energy-efficiency solutions for utilities. The collaboration aims to help utilities meet sustainability targets, improve operational efficiency, and reduce carbon emissions for their commercial and industrial customers. Combining Expertise for Smart Energy Solutions Over the next 3 …
On December 13, 2024, Suzlon Energy’s share price (NSE: SUZLON) traded 0.20% lower at ₹65.57 as of 10:50 AM on the NSE. The stock opened at ₹65.50, slightly below the previous close of ₹65.70. Over the past 5 days, Suzlon Energy has lost 3.75%. Mutual Funds Acquire Suzlon Shares As per a news report, Suzlon Energy, a …
Pennar Industries share price jumped by 4.36% to ₹223.65 in early trade on Friday, despite a weak market, following the announcement of a joint venture (JV) with Zetwerk Manufacturing Businesses. The JV will focus on manufacturing and selling solar modules and cells, catering to domestic and international markets. Zetwerk will hold a 50.10% stake, Pennar …
Sammaan Capital Ltd, previously known as Indiabulls Housing, has announced its plan to raise ₹2,500 crore through qualified institutions placements (QIPs). The proposal was approved during a board meeting held on December 11, 2024, and will require shareholder authorisation at an extraordinary general meeting (EGM) scheduled for January 3, 2025. Details of the Fundraising Initiative …
United Drilling Tools Ltd (UDTL), an industrial equipment manufacturer, recently announced a major work order worth ₹1,486.62 million (over ₹149 crore) from Vedanta Limited. The three-year order involves the supply of Oil Country Tubular Goods (OCTG), including casing, tubing, pup joints, and crossovers. These products will be used in offshore and deep basin applications. This …
Shares of Neuland Laboratories opened sharply lower in early trade on December 12 following a significant block deal worth ₹778.75 crore on the NSE. The stock plunged to a low of ₹15,605 but showed some recovery. At 10:05 AM, it was trading at Rs 16,334, down 3.74% from the previous close. Key Highlights of the …
Shakti Pumps (India) Ltd. has been awarded a ₹754.3 crore order by Maharashtra State Electricity Distribution Co. to supply solar water pumping systems under the Magel Tyala Saur Krushi Pump Scheme. The project aims to enhance agricultural sustainability through renewable energy solutions. Details of the Solar Pumping Project The company received the letter of empanelment …
Reliance Jio, India’s largest telecom operator, has announced its latest “New Year Welcome Plan” priced at ₹2025, continuing its tradition of launching special offers during this season. Designed to cater to its mobility users, this plan includes 2.5GB of data per day, unlimited 5G data, and a host of additional benefits through partner coupons. Jio, …
Godawari Power and Ispat Ltd (GPIL) has taken a significant step toward securing its energy needs by signing a seven-year agreement with GAIL (India) Ltd for the supply of regasified liquefied natural gas (RLNG). The agreement, finalised on December 10, 2024, is aimed at supporting GPIL’s upcoming pellet plant, marking a critical development in the …
