HDFC Life Insurance Company Ltd. has announced its plan to raise Rs.2,000 crore through non-convertible debentures (NCDs). The company’s Capital Raising Committee (CRC) is scheduled to meet on September 27, 2024, to approve the commercial terms of the issuance, which was first announced in July. This follows the board’s approval on July 15 to raise …
The Multi Commodity Exchange of India (MCX) has announced a significant change in its transaction fees for futures and options contracts, set to take effect next month. The new fee structure, which replaces the previous tiered system, is in direct response to guidelines issued by the Securities and Exchange Board of India (SEBI). Under the …
Aditya Birla Group’s renewable energy arm, Aditya Birla Renewables Limited (ABReL), has successfully secured ₹2,500 crore through a private placement of non-convertible debentures (NCDs). This significant funding boost will fuel the company’s expansion plans, reduce existing debt, and support general corporate activities. The NCD issue, underwritten by Grasim Industries, attracted strong interest from various mutual …
Tata Elxsi Limited has announced the successful integration of the RDK-B software stack with Qualcomm® 5G FWA Gen 3 Platform, marking a significant advancement in fixed wireless access (FWA) technology. This pioneering integration provides operators with a pathway to deliver high-speed, reliable, and scalable FWA solutions. The incorporation of RDK-B middleware introduces essential features such …
TVS Motor Company has unveiled a new addition to its highly popular TVS RONIN series, further enhancing the appeal of its modern-retro motorcycle range. The new version introduces a bold and striking Midnight Blue colour scheme, complemented by fluorescent green graphics, exclusively available on the top variant. This fresh design accentuates the unique modern-retro style …
NBCC (India) Limited is a premier construction company in India, known for its expertise in the field of project management and consultancy services. The company has been involved in the construction of various iconic buildings and infrastructure projects across the country. With a strong focus on sustainability and innovation, NBCC has established itself as a …
Hampton Sky Realty: A Real Estate Giant to Watch Hampton Sky Realty, based in Ludhiana, is not just another real estate company; it is pioneering Punjab’s first clean and green International Business Park—Hampton Court Business Park. The company has positioned itself as a prominent player in the real estate sector, especially after its exceptional financial …
G R Infraprojects Ltd. has emerged as the lowest bidder for a major metro construction project worth Rs.904 crore, awarded by Maharashtra Metro Rail Corporation Ltd. in Nagpur. This substantial project involves designing and constructing an elevated metro viaduct extending 17.62 km, which includes two railway spans of 79 meters and 100 meters. Project Details …
India’s top manufacturer of plastic additives, lead alloys, and lead oxides is Pondy Oxides and Chemicals Limited (POCL). incorporated as a public limited company in March 1995 by enterprising individuals. POCL is traded on the National Stock Exchange of India Limited and the Bombay Stock Exchange. Since its founding, POCL has expanded annually and developed …
India is one of the most popular travel destinations worldwide, which has resulted in the Indian tourism and hospitality industry emerging as one of the key drivers of growth in the services sector in India. The Indian travel and tourism industry is likely to witness an annual growth rate of 7.1%. By FY27, the Indian …
