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Brigade Group Launches Skill Academy to Empower Unemployed in Bangalore

Brigade Group Launches Skill Academy to Empower Unemployed in Bangalore

9 August 2024

On August 7, 2024, Brigade Enterprises Limited announced to the stock exchanges the inauguration of the first phase of the ‘Brigade-BCIC Skill Development Academy (BBSDA) – a Centre of Excellence’ by Brigade Foundation, the philanthropic arm of Brigade Group. This state-of-the-art facility, located on a 5-acre land parcel in Aerospace Park, Bangalore North, was launched …

Hero MotoCorp Unveils First ‘Premia’ Store in New Delhi

Hero MotoCorp Unveils First ‘Premia’ Store in New Delhi

9 August 2024

On August 7, 2024, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, expanded its premium network by opening its first ‘Hero Premia’ store in New Delhi today. This move is part of the company’s comprehensive premiumisation strategy. Located in the well-known auto hub of Naraina industrial area, the new store showcases 8 models …

Revolt Motors Expands Presence with Second COCO Store in New Delhi’s Gujranwala Town

Revolt Motors Expands Presence with Second COCO Store in New Delhi’s Gujranwala Town

9 August 2024

On August 8, 2024, Revolt Motors, India’s leading electric motorcycle company, announced the launch of its second company-owned store in Gujranwala Town, New Delhi. This new store comes after the success of their first store in Karol Bagh and aims to advance their goal of offering advanced electric mobility solutions. The COCO store is set …

Godrej Consumer Products Ltd Q1 FY 2025: 14% Net Profit Growth, New ₹500 Crore Pet Care Venture

Godrej Consumer Products Ltd Q1 FY 2025: 14% Net Profit Growth, New ₹500 Crore Pet Care Venture

9 August 2024

On August 07, 2024, Godrej Consumer Products Limited (GCPL), a major FMCG company in emerging markets, announced its financial results for the quarter ending June 30, 2024. In Q1 FY 2025, Godrej Consumer Products Limited saw various segment performances. In India, organic volume increased by 8% and reported volume by 10%, with reported sales rising …

Share Market Pre Open Updates – August 09, 2024

Share Market Pre Open Updates – August 09, 2024

8 August 2024

On August 08, 2024, the benchmark indices Nifty 50 was down 0.74% to close at 24,117, and Sensex was down 0.73% to close at 78,886. Top Gainers and Losers On the sectoral front, Nifty Mid Small Healthcare, Nifty Pharma, Nifty Media, and Nifty Financial Services gained, while Nifty IT, Nifty Metal, Nifty Oil and Gas, …

Share Market Pre Open Updates – August 08, 2024

Share Market Pre Open Updates – August 08, 2024

8 August 2024

On August 07, 2024, the benchmark indices Nifty 50 was up 1.27% to close at 24,297.50, and Sensex was up 1.11% to close at 79,468.01. Top Gainers and Losers On the sectoral front, all the sectors ended in green. However, Nifty Oil and Gas, Nifty Metal, Nifty Media, Nifty Pharma, and Nifty Healthcare Index gained …

Mahindra Group Companies Affected by ‘Brand’ Tax

Mahindra Group Companies Affected by ‘Brand’ Tax

8 August 2024

Mahindra & Mahindra (M&M), according to the recent resorts, has been issued a show cause notice by the Goods and Services Tax (GST) department. The notice, which covers the period from 2017 to 2023, questions why M&M should not pay GST for allowing its group companies to use the ‘Mahindra’ brand name and logo.  Tax …

ITD Cementation Reports 92% Increase in Q1 Profit, Exceeds Expectations

ITD Cementation Reports 92% Increase in Q1 Profit, Exceeds Expectations

8 August 2024

ITD Cementation established its operations in India in 1931 as a branch of The Cementation Company Ltd., UK, a member of Trafalgar House Group of London, to carry out extensive grouting and drilling works on the hydraulic structures, which were then growing rapidly. Since then, the company has been diligently working towards building a stronger …

RevFin Collaborates with Bajaj Auto for Electric Three-Wheeler Financing

RevFin Collaborates with Bajaj Auto for Electric Three-Wheeler Financing

8 August 2024

Electric vehicle financing digital platform RevFin has entered into a strategic partnership with Bajaj Auto to facilitate the financing of high-speed electric three-wheelers. This collaboration seeks to accelerate Bajaj Auto’s entry into the electric three-wheeler market by leveraging RevFin’s expertise in financial services and Bajaj Auto’s strong market presence. The partnership is expected to drive …

Adani Sets Up Subsidiary in Abu Dhabi for International Airport Operations

Adani Sets Up Subsidiary in Abu Dhabi for International Airport Operations

8 August 2024

Adani Airport Holdings Ltd., a key player in the Indian aviation sector, is making significant strides towards global expansion. Recently, the company announced the incorporation of a wholly-owned subsidiary, Global Airports Operator LLC, in Abu Dhabi. This move is aimed at acquiring and investing in airports outside India, underscoring the company’s ambition to become a …

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