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Sky Gold Board has approved the issuance of bonus shares in the ratio of 9:1

Sky Gold Board has approved the issuance of bonus shares in the ratio of 9:1

28 October 2024

Gold jewellery design, production, and marketing are the activities of Sky Gold Limited. The company uses a business-to-business (B2B) model, selling its products primarily to boutiques and mid-range jewellers who resell them online and in physical stores. Sky Gold is offering nine shares for free for every share Sky Gold on Saturday, October 26, said …

Adani Power: Kenyan Court Suspends $736 Million Line Deal

Adani Power: Kenyan Court Suspends $736 Million Line Deal

28 October 2024

Kenya’s High Court just suspended a $736 million (around Rs.6,109 crore) deal between India’s Adani Power Ltd and Kenya’s state-owned Kenya Electrical Transmission Company (KETRACO). The project, signed earlier this month, planned for Adani to build and run crucial power lines across Kenya. But now, this ambitious 30-year venture is on hold. What’s It About? …

BPCL entered into a JV agreement with Oil India to develop a project in Arunachal Pradesh

BPCL entered into a JV agreement with Oil India to develop a project in Arunachal Pradesh

28 October 2024

The Ministry of Petroleum and Natural Gas is in charge of the operations of the 2nd-largest government-owned downstream oil producer in India, Bharat Petroleum Corporation Limited, a public sector oil and gas company with its headquarters located in Mumbai. It runs three refineries in Bina, Kochi, and Mumbai. Board of BPCL approves joint venture with …

Adani Group’s Renew Exim buys 46.64% stake in ITD Cementation

Adani Group’s Renew Exim buys 46.64% stake in ITD Cementation

28 October 2024

ITD Cementation India Ltd. was founded in India in 1931 as a division of The Cementation Company Ltd. UK, a part of the London-based Trafalgar House Group, to perform extensive drilling and grouting work on hydraulic structures that were then expanding quickly. Since then, the company has been diligently working to strengthen India and has …

Ujjivan Small Finance Bank Shares Tumbled Over 4% Post Q2 FY25 Results Announcement

Ujjivan Small Finance Bank Shares Tumbled Over 4% Post Q2 FY25 Results Announcement

25 October 2024

On October 24, 2024, Ujjivan Small Finance Bank Ltd released its financial performance report for the quarter ending September 30, 2024. The bank has shown positive trends in various key metrics, reflecting its growth and stability in the small finance sector. Business Performance Highlights for Q2 FY25 Assets The gross loan book reached ₹30,344 crore, …

Ajooni Biotech Received Repeat Export Orders From Bangladesh-Based Avon Animal Health

Ajooni Biotech Received Repeat Export Orders From Bangladesh-Based Avon Animal Health

25 October 2024

Ajooni Biotech Limited, known for its pure veg animal healthcare solutions, is celebrating a big win! The company has just bagged a repeat export order from Avon Animal Health, one of the biggest distributors of animal health products in Bangladesh. This will directly help deepen its footprint in the Asian market. Products in Focus The …

India’s 6 Fastest Growing Sectors to Watch Over the Next Decade

India’s 6 Fastest Growing Sectors to Watch Over the Next Decade

25 October 2024

India is currently witnessing a rapid transformation across multiple industries, driven by a combination of government initiatives, technological advances, and growing consumer demands.  These changes are reshaping the country’s economy, positioning it as one of the world’s fastest-growing markets. From traditional sectors like real estate and automobiles to newer ones like renewable energy and IT, …

Rites entered a MoU with NMDC for rail connectivity works

Rites entered a MoU with NMDC for rail connectivity works

24 October 2024

Transportation infrastructure projects are the primary focus of RITES Ltd., an engineering consulting firm and public sector undertaking in India that was formerly known as Rail India Technical and Economic Service Limited. The MoA was signed by RITES and NMDC Limited To offer comprehensive project management consulting services, RITES Ltd., a leading transport infrastructure consultancy, …

Infosys Partnered With Meta for Innovation in Generative Al

Infosys Partnered With Meta for Innovation in Generative Al

24 October 2024

Infosys, known for its expertise in digital services, has taken its partnership with Meta to a new level to drive the future of generative AI. By tapping into Meta’s Llama stack—open source language models, Infosys is helping businesses explore new ways to integrate AI seamlessly into their operations.  Launch of the Meta Centre of Excellence …

Adani Power Board to Consider Raising Up to Rs 5,000 Crore

Adani Power Board to Consider Raising Up to Rs 5,000 Crore

24 October 2024

Adani Power, on October 28, has called for a board meeting and will be sitting down to discuss a plan to raise up to Rs.5,000 crore. Now, this could happen through a public issue or a private placement of non-convertible debentures (NCDs) – basically, a way of saying they’re looking to bring in some serious …

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