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Share Market - Angel One - Page 110

Uno Minda Signs Agreement with Aisin Corporation for Sunroof Manufacturing

1 August 2024

Uno Minda Limited (formerly Minda Industries Limited), a leading supplier of automotive systems, has signed a Technical License Agreement (TLA) with Aisin Corporation, Japan. This agreement allows Uno Minda to manufacture and sell sunroofs. Established in 1965, Aisin is a global supplier of automotive components and technologies, with consolidated sales of 4,910 billion JPY for …

IndusInd Bank Launches ‘PIONEER Private Program’ for High-Net-Worth Individuals

1 August 2024

IndusInd Bank has introduced the ‘PIONEER Private Program,’ a new service offering customised financial solutions for High-Net-Worth Individuals (HNWIs). This program represents a significant advancement in the bank’s dedication to providing personalised service to this elite client group. The PIONEER Private Program delivers a range of tailored financial solutions designed specifically for HNWIs and Ultra-High-Net-Worth …

Wipro Secures Contract to Enhance MAHLE’s IT Infrastructure with Hybrid Cloud Solutions

1 August 2024

On July 31, 2024, Wipro Limited announced its selection by MAHLE, a global automotive supplier, to upgrade its IT infrastructure with a new hybrid cloud solution. This multi-year project involves moving MAHLE’s two main data centres to Wipro FullStride Cloud’s hybrid cloud platform. The goal is to enhance business flexibility, streamline IT operations, and comply …

Exicom Tele-Systems Limited Expands Global Reach with Tritium Acquisition

1 August 2024

Exicom Tele-Systems Limited has announced through a stock exchange filing that its wholly-owned subsidiary, Exicom Power Solutions B.V., has acquired 12,000 ordinary shares of Tritium Power Solutions Pty Ltd, Queensland. The shares, priced at $0.01 each, were purchased from Mr Raj Kumar, a resident of Narre Warren South, VIC, Australia. The total consideration for this …

Hero MotoCorp Launches Operations in the Philippines with New Assembly Unit

1 August 2024

Hero MotoCorp Limited has announced the launch of its operations in the Philippines, marking a significant step in its global expansion strategy. The company has partnered with Terrafirma Motors Corporation (TMC), part of the Columbian Group of Companies, which is one of the leading automotive groups in the Philippines. TMC will act as the exclusive …

Amara Raja To Enter Into Strategic Agreement With Ather Energy

1 August 2024

On August 1, 2024, Amara Raja Advanced Cell Technologies Private Limited (ARACT), a subsidiary of Amara Raja Energy & Mobility Limited (ARE&M), announced that it will sign a Memorandum of Understanding (MoU) with Ather Energy. This partnership will focus on developing and supplying advanced lithium-ion cells, including Nickel Manganese Cobalt (NMC) and Lithium Iron Phosphate …

IIFL Securities Reports Strong Q1 FY2025 Results and Plans Name Change

1 August 2024

On July 31, 2024, IIFL Securities Ltd announced that it had reported significant increases in both revenue and profit for the quarter ending June 30, 2024. IIFL Securities Ltd’s total income increased by 57% year over year to ₹643.8 crore, driven by strong performance across all key business segments. Total brokerage revenue rose by 75% …

PTC Industries Q1 FY2025 Results: Income Falls to ₹505.2 Million

1 August 2024

On July 31, 2024, PTC Industries Limited, known for producing high-quality and precise metal components for critical and supercritical applications, shared its financial results for the quarter ending 30 June 2024. In Q1 FY2025, PTC Industries Limited reported a total income of ₹505.2 million, down from ₹744.2 million in Q1 FY2024. This decrease is due …

Relaxo Footwears Limited Sees Revenue Rise in Q1 FY 2025

1 August 2024

Relaxo Footwears Limited declared its unaudited financial results for the first quarter of FY 2025. Q1 FY 2025 Financial Highlights  In the first quarter of FY 2025, the company reported a revenue of ₹748 crore, an increase from ₹739 crore in the same quarter of the previous fiscal year. The EBITDA for Q1 FY25 stood …

Expansion of IHCL’s Taj Portfolio with Two New Greenfield Hotels in Bahr

1 August 2024

IHCL is one of India’s leading hospitality companies. IHCL and its subsidiaries comprise a diversified portfolio across luxury, upscale/upper upscale, and lean luxury/midscale segments. IHCL’s operations are spread across four continents, 12 countries, and over 100 cities. IHCL’s Expansion into Bahrain The Indian Hotels Company (IHCL) announced on Wednesday the signing of two greenfield projects …