Oriana Power Limited, established in 2013, operates primarily in two key business sectors. The company specializes in Engineering, Procurement, and Construction (EPC) services for solar power projects. Additionally, Oriana Power Ltd. offers solar energy solutions through the BOOT (Build, Own, Operate, Transfer) model. This dual focus allows Oriana to not only construct and maintain solar …
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GE Power India Sells Hydro and Gas Power Businesses
11 July 2024GE Power India Ltd, a prominent entity in the Indian power generation equipment market, specializes in the engineering, procurement, and construction (EPC) of essential equipment for thermal and hydropower plants. GE Power’s Hydro Business Sale GE Power India Ltd. is divesting its hydro business through a slump sale to GE Power Electronics (India) Pvt. This …

OFS: Glenmark Pharmaceuticals Plans to Divest Its Entire Stake in Glenmark Life Sciences
11 July 2024Strategic Move by Glenmark Pharmaceuticals Glenmark Pharmaceuticals Ltd. has announced its plan to divest its entire 7.84% stake in Glenmark Life Sciences Ltd. (GLS) through an offer for sale (OFS) in the secondary market. The board approved the sale of up to 96.09 lakh shares at a meeting on Wednesday. Additionally, Chairman and Managing Director …

TVS Motor Company Launches 2024 TVS Apache RTR 160 – Racing Edition
10 July 2024On July 10, 2024, TVS Motor Company introduced the 2024 TVS Apache RTR 160 Racing Edition, inspired by its racing heritage. This new model features a Matte Black colour, carbon fibre race graphics, and striking red alloy wheels, reflecting a bold design for racing enthusiasts. Since its debut in 2007, the Apache RTR 160 has …

RattanIndia Enterprises’ Revolt Motors Introduces Zero Down Payment for RV400
10 July 2024On July 10, 2024, RattanIndia Enterprises Limited announced via a stock exchange filing that its electric mobility company, Revolt Motors, is revolutionising the two-wheeler industry with the introduction of the 4 Chauke Offer. This innovative initiative aims to make owning the popular RV400 electric motorcycle more accessible and economical than ever before. Under this scheme, …

Best Apparel Stocks in India
10 July 2024India’s apparel sector has witnessed significant growth, driven by rising consumer demand and expanding market reach. As investors seek the best stocks in this sector, an in-depth analysis of financial metrics is essential. This article evaluates key apparel stocks in India, focusing on Price to Earnings (PE) ratios, growth metrics, margins, cash flows, and return …

Greaves Finance Partners With Acko To Facilitate Seamless EV Ownership Across India
10 July 2024On July 10, 2024, Greaves Finance Limited, a subsidiary of Greaves Cotton Ltd, announced via a stock exchange filing that it has partnered with ACKO, a technology-driven insurer, to facilitate seamless EV ownership in India. Through their collaboration on the Evfin platform, customers can conveniently access optimal insurance policies and financing options. This initiative aims …

Diamond Power Infrastructure Secures ₹899.75 Crore Contract from Adani Energy
10 July 2024On July 9, 2024, Diamond Power Infrastructure Ltd disclosed to the stock exchange that it has secured a significant letter of intent (LOI) from Adani Energy Solutions Limited worth ₹899.75 crore (inclusive of GST). The letter of intent pertains to the supply of AL 59 Conductors, which are New Generation Aluminum Alloy Conductors. This contract, …

Maruti Suzuki Enhances Vehicle Warranty
10 July 2024Maruti Suzuki India Ltd, India’s largest carmaker, has announced significant enhancements to its warranty programs, effective from July 9, 2024. The standard warranty for all vehicles has been extended to 3 years or 1,00,000 km, a notable increase from the previous 2 years or 40,000 km coverage. The company stated that this enhancement encompasses critical …

GE Power India Lands Rs 7.67 Crore Order from Mangalore Refinery
10 July 2024About Order GE Power India Limited (GPIL) has secured a significant order from Mangalore Refinery and Petrochemicals Limited (MRPL), a prominent domestic entity. This contract strengthens GE Power India’s position in the power equipment supplier market and signifies its continued contribution to the Indian energy sector. The details of the order reveal that GPIL will …
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