Sanghvi Movers Ltd, a crane rental firm, has received work orders worth Rs 150 crore from prominent Independent Power Producers (IPPs) in the renewable energy industry. The firm will provide crane rental services as well as related services such as WTG surface logistics, inter-carting, WTG installation and pre-commissioning, wind farm development, and storage yard. Crane …
On July 10 Foxconn, the prominent Taiwanese electronics manufacturing company, announced its decision to withdraw from a joint-venture project with Vedanta, a company involved in semiconductor manufacturing. India’s Vedanta Shares fell over 2% today, that is the day after Taiwan’s Foxconn said it withdrew from a USD 19.5 billion semiconductor joint venture with the metals-to-oil …
Tata Motors, in the exchange filing today, shared a business update regarding the Jaguar Land Rover (JLR) sales for the first quarter of FY24. JLR is the wholly owned subsidiary of Tata Motors Ltd. JLR announced today that it achieved higher sales in the first quarter of FY24, covering the period from April to June …
On the last trading session of the week, the Nifty index opened on a negative note due to global cues. However, it managed to recover from the initial losses and achieved a new all-time high. Following this record-breaking level, a sudden wave of profit booking caused a sharp decline, and it is currently trading near …
Equitas Small Finance Bank has reported a 36% rise in total deposits to Rs 27,709 crore (Provisional) as of June 30, 2023 (Q1FY24) as compared to Rs 20,386 crore as of June 30, 2022, and on a QoQ basis stood at Rs 25,381 crore as of March 2023. Its gross advances were up by 36% …
Yesterday, Titan Company Limited announced the quarterly update for Q1 of FY24. Today shares of the company surged by 3% in early trade and hit a fresh 52-week high at Rs 3211.10. Yesterday the scrip closed at Rs 3105.70 and today it opened at Rs 3149 and currently, it is trading at Rs 3179.60 up …
IDFC First Bank’s loans and advances grew from Rs 1,37,663 crore as of June 30, 2022 (Q1FY23) to Rs 1,71,420 crore as of June 30, 2023 (Q1FY24), Year-on-Year (YoY) growth of 24.5%. The quarter-on-quarter (QoQ) growth was 6.7%. Its customer deposits grew from Rs 1,02,868 crore as of June 30, 2022, to Rs 1,48,508 crore …
Bajaj Auto in collaboration with British motorcycle brand Triumph has launched their co-developed Triumph Speed 400 and Scrambler 400 X motorcycles in the domestic market. Conceived and designed at Triumph Motorcycles’ Hinckley plant in the UK, the Bajaj Auto engineered locally-built motorcycles were unveiled globally in London last week. Triumph Speed 400 has been priced …
Maruti Suzuki, India’s largest automobile manufacturer, has achieved a significant milestone in the stock market as its share price crossed the Rs 10,000 mark on Wednesday. On July 5, Company’s shares commenced trading at Rs 9697, representing a 0.5% increase compared to the previous day’s closing price of Rs 9647.40. During the intraday session, the …
Narayana Hrudayalaya has incorporated a wholly-owned subsidiary named ‘Samyat Healthcare’. The subsidiary will be engaged in the distribution of medicines, implants, medical equipment, consumables, and other goods and assets used by hospitals. It will also manufacture medical supplies and provide services in the areas of healthcare supply chain, pharmacy, and other healthcare-related areas. The company …
