Share Market - Angel One - Page 170

SAR Televentures Ltd, a public listed company on the NSE Emerge platform, has signed a revenue-sharing agreement with Bharat Sanchar Nigam Limited (BSNL) to expand its service offerings. The agreement allows SAR Televentures to provide BSNL’s fixed, wireless, and broadband telecom services to end users in Mohali (Rural). This collaboration is a significant development for …

India’s general insurance industry is witnessing a significant surge, fueled by a growing demand for motor and health insurance policies. The first quarter of the financial year saw a robust 13.33% increase in gross written premium (GWP), with June alone reporting a healthy 8.76% increase. This positive trend reflects a growing awareness among Indian consumers …

Infosys announced a strategic five-year partnership with Sector Alarm, a leading European security provider, to modernise its core business systems. This collaboration focuses on migrating Sector Alarm’s on-premise ERP platform to the cloud-based solution, Microsoft Dynamics 365 Finance and Operations (F&O). Key Benefits for Sector Alarm Streamlined Operations: Infosys’ expertise in cloud-powered ERP transformation will …

India’s energy giant, the Oil and Natural Gas Corporation (ONGC), has unveiled a bold plan to achieve net-zero carbon emissions by 2038. This 200-page roadmap outlines a two-pronged approach: aggressively investing in clean energy sources while simultaneously curbing its environmental footprint from existing operations. Investing in a Greener Future ₹2 Lakh Crore Commitment: ONGC will …

JSW Steel, India’s leading integrated steel company, has reported a consolidated crude steel production of 6.35 million tonnes for the first quarter of FY 2024-25. While this represents a slight dip of 1% year-on-year and 6% quarter-on-quarter, it’s important to note this is due to planned maintenance shutdowns. Despite this, JSW Steel’s Indian operations maintained …

On July 9, 2024, Rail Vikas Nigam Limited (RVNL) announced multiple developments at the company to the stock exchanges. Letter of Acceptance from Maharashtra Metro Rail Corporation Limited (Nagpur Metro) RVNL announced that it has received a Letter of Acceptance from Maharashtra Metro Rail Corporation Limited (Nagpur Metro) for the construction of six elevated metro …

On July 9, 2024, The Phoenix Mills Limited informed in a stock exchange filing that the company’s subsidiary, Sparkle One Mall Developers Private Limited, announced a strategic investment in O2 Renewable Energy XIII Private Limited (O2 Renewable XIII), underscoring its commitment to sustainable energy solutions. Sparkle One Mall Developers has made an investment of ₹4,68,27,820, …

On July 9, 2024, Adani Power Limited (APL) announced a significant development regarding its subsidiary, Mahan Energen Limited (MEL), in a stock exchange filing. This update follows their earlier disclosure from March 27, 2024, wherein MEL had entered into a 20-year long-term Power Purchase Agreement (PPA) for 500 MW with Reliance Industries Limited (RIL) under …

On July 9, 2024, Rajoo Engineers Ltd informed the stock exchanges about hosting an exclusive, invite-only event on July 4 and 5, 2024. This prestigious gathering brought together processors, innovators, and leaders from the flexible packaging industry. Held in Rajkot, India, the event featured a blend of cultural and industry-focused activities, catering to a global …

Parag Milk Foods Limited, in a recent stock exchange filing, provided an update about its previously announced subscription agreement with International Finance Corporation (IFC) for the issuance of foreign currency convertible bonds (FCCBs). Initially disclosed on May 9, 2021, the company had signed a subscription agreement dated May 8, 2021, with IFC for these FCCBs. …