SpiceJet, one of the country’s low-cost airlines is under fresh legal scrutiny as two new insolvency petitions have been filed against it by Sabarmati Aviation and JetAir 17. The petitions were submitted to the National Company Law Tribunal (NCLT) on Monday, adding to the carrier’s mounting legal troubles with creditors. Sabarmati Aviation’s Plea The NCLT …
In the power industry, Reliance Power Limited is well-known for its wide range of projects, which include hydroelectric, solar, gas, and coal-fired power plants. The company is dedicated to meeting India’s expanding energy needs by offering dependable and reasonably priced electricity. Reliance Power is continuously investigating new technologies and solutions to increase efficiency and lessen …
The share price of Yarn Syndicate Limited has been on a stellar rally, hitting consecutive 5% upper circuits on November 18 and 19, 2024. The surge is accompanied by the highest single-day volume recorded on November 18, with an impressive delivery volume of 82.97%. This robust performance has propelled the stock’s price by 25% in …
Havells India Limited (HIL), a leading name in the consumer electrical products sector, has once again proven its commitment to innovation and expansion. The company has announced the establishment of a cutting-edge refrigerator manufacturing facility in Ghiloth, Rajasthan. This strategic move underscores Havells’ focus on backward integration, economies of scale, and solidifying its foothold in …
Bharti Airtel, one of the biggest telecom providers in India, has led the way in the sector’s technological developments. Millions of people throughout the region have been connected thanks in large part to Airtel’s extensive network coverage and cutting-edge services. Airtel’s rollout of 5G technology has further transformed communication and information access, opening the door …
Kitex Garments Limited witnessed a 5% surge in its stock price today, on Tuesday, November 19, 2024, hitting the upper circuit at Rs.637.15 after the Kerala-based textile manufacturer announced a board meeting to discuss a potential bonus share issue. The meeting, scheduled for Friday, November 22, will determine the recommendation and declaration of bonus equity …
The Tata Group, one of India’s most prestigious conglomerates, spans 30 companies across ten verticals. Its diverse portfolio includes sectors such as Technology, Automotive, Steel, Consumer and Retail, Infrastructure, Telecom, Media, Tourism, and more. With a rich history of resilience, Tata Group stocks continue to stand tall even during challenging market conditions. Market Correction and …
DCM Shriram has successfully commissioned the 2100 TCD (tons of cane per day) expansion at its Loni Unit in Uttar Pradesh. This strategic move increases the plant’s crushing capacity from 7300 TCD to an impressive 9400 TCD. Achieved on November 19, 2024, this milestone enables the company to capture the growing cane potential in its …
Founded in 2004, Akums Drugs and Pharmaceuticals Ltd. is a CDMO specializing in a wide range of pharmaceutical products and services. The shares of Akums Drugs and Pharmaceuticals Ltd. hit an upper circuit of 5% at Rs.580.95 today, following the announcement of a well-thought-out partnership with South Korea-based biotechnology company Caregen Co., Ltd. This Master …
Jyoti Structures Limited, established in 1974, is a leading Indian firm focused on the design, manufacturing, and installation of transmission line towers, substation structures, and power transmission and distribution (T&D) infrastructure. Based in Vadodara, Gujarat, the company operates on a global scale, undertaking projects in various countries throughout the Middle East, Africa, and Southeast Asia. …
