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Gensol Exits DLF Office Deal A Month Prior to SEBI Order

Gensol Exits DLF Office Deal A Month Prior to SEBI Order

29 April 2025

As per news reports, a month prior to SEBI’s interim order dated April 15 against Gensol Engineering’s promoters, the company withdrew from a high-profile lease deal with DLF. Gensol had signed a Letter of Intent (LoI) to lease 90,000 sq ft in a premium office building in Gurgaon but informed DLF recently that it would …

Ola Electric Launches 72-Hour Electric Rush with Festive Offers for Akshaya Tritiya

Ola Electric Launches 72-Hour Electric Rush with Festive Offers for Akshaya Tritiya

29 April 2025

Bengaluru-based Ola Electric, India’s largest pure-play EV company, has announced a special 72-Hour Electric Rush event ahead of the auspicious occasion of Akshaya Tritiya.  Customers can avail themselves of discounts of up to ₹40,000 on the company’s Gen 2 and Gen 3 electric scooter models, with prices for the Gen 2 scooters starting at ₹67,499 …

Shipbuilding Stocks in Focus: GRSE, MDL, Cochin Rally Up to 14% on Growth Optimism

Shipbuilding Stocks in Focus: GRSE, MDL, Cochin Rally Up to 14% on Growth Optimism

29 April 2025

Shipbuilding stocks saw a major rally on Tuesday, with shares of state-owned shipbuilders rising by as much as 14% on the BSE, even as the broader market remained mostly flat. At 12:48 PM, the BSE Sensex was up just 0.13% at 80,420. Mazagon Dock Shipbuilders (MDL) at All-Time High Mazagon Dock Shipbuilders (MDL) stock touched …

Aayush Wellness Share Price Hits Upper Circuit as Company Expands into Healthcare with Smart Health Kiosks

Aayush Wellness Share Price Hits Upper Circuit as Company Expands into Healthcare with Smart Health Kiosks

29 April 2025

Aayush Wellness Limited, a company dedicated to promoting preventive healthcare, announced its foray into healthcare services with the launch of its first healthcare centre in Virar, Mumbai. The company has introduced Smart Health Kiosks, also referred to as Health ATMs, aimed at providing affordable diagnostic and telemedicine services to the masses. As of 10:32 AM …

HG Infra Engineering’s Arm Secured a Project Worth ₹1,123 Crore From the NHAI

HG Infra Engineering’s Arm Secured a Project Worth ₹1,123 Crore From the NHAI

29 April 2025

H.G. Infra Engineering Limited has achieved a significant milestone through its wholly owned subsidiary, H.G. Raipur Visakhapatnam OD-6 Private Limited. The company announced the receipt of a provisional certificate for a major infrastructure project in Odisha, advancing its portfolio of national highway developments. Project Overview and Key Details The project involves the development of a …

Apollo Tyres to Acquire an Additional 3.43% Stake in Green Infra Wind Power Projects Ltd

Apollo Tyres to Acquire an Additional 3.43% Stake in Green Infra Wind Power Projects Ltd

29 April 2025

Apollo Tyres Ltd. has bought an additional 3.43% share in Green Infra Wind Power Projects Limited (GIWPPL). After this deal, Apollo’s total ownership in GIWPPL has increased to 21.27%.  Details About Green Infra Wind Power Projects Limited GIWPPL runs a 24 MW wind power project located in Tamil Nadu. Its turnover was ₹235.25 million as …

Vimta Labs Board Approves 1:1 Bonus Share Issue and Final Dividend

Vimta Labs Board Approves 1:1 Bonus Share Issue and Final Dividend

29 April 2025

Vimta Labs Limited has announced a 1:1 bonus share issue for its shareholders, a decision that reflects the company’s solid financial footing and commitment to rewarding investor trust. The move follows a strong performance in FY25, signalling continued confidence in future growth. Board Recommends Bonus Issue The Board of Directors has proposed the issue of …

CESC Signs Power Purchase Agreement for 300 MW Wind-Solar Hybrid Project

CESC Signs Power Purchase Agreement for 300 MW Wind-Solar Hybrid Project

29 April 2025

CESC Limited, a major private utility company in India, has taken a step toward renewable energy development by entering into a long-term Power Purchase Agreement (PPA). The agreement, involving a hybrid energy project, signals the company’s strategic direction towards sustainable power sourcing. Agreement Details and Tariff Commitment CESC Limited has signed a Power Purchase Agreement …

Wipro Signs 5-Year IT Transformation Agreement with Vorwerk

Wipro Signs 5-Year IT Transformation Agreement with Vorwerk

29 April 2025

Wipro Limited has entered into a 5-year agreement with Vorwerk, a direct sales company based in Germany, to manage and transform its IT infrastructure. The financial terms of the contract have not been disclosed. As of 10:18 AM on April 29, Wipro share price was trading at ₹241.05, up 0.23%, down 14.25% over the past …

Royal Orchid to Open a 70-Room Property in Mussoorie

Royal Orchid to Open a 70-Room Property in Mussoorie

29 April 2025

Royal Orchid Hotels Ltd (ROHL) announced the signing of a new property in Mussoorie, Uttarakhand. With this addition, the company’s portfolio in Uttarakhand will increase to six hotels. As of 10:19 AM on April 29, 2025, Royal Orchid Hotels share price was trading at ₹387.05, up 0.78%, down 6.19% over the past month, and up …

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