SEPC Limited informed in a stock exchange filing that the company’s wholly-owned subsidiary, Shriram EPC (FZE), has successfully concluded the execution of the Share Purchase Agreement to acquire a 75% stake in ALMOAYYED Electrical Equipment & Instrumentation Systems LLC (AEEIS), headquartered in Bahrain. This acquisition was facilitated with the support of the company’s promoter, Mark …
De Nora India Limited (De Nora India), a leading provider of water technologies, has secured a significant contract valued at ₹38,71,58,00 (inclusive of all duties and taxes) from Nuclear Power Corporation of India Limited (NPCIL). This contract signifies a major win for De Nora India and reinforces its expertise in the nuclear power sector. Project …
TechNVision Ventures Limited announced through a stock exchange filing that its affiliate, Solix Technologies Inc., has launched Solix ECS, an intelligent document management solution tailored for accounting and finance teams. The company stated that outdated paper-based and fragmented file management systems can significantly hamper productivity in today’s dynamic business environment. Solix ECS leverages advanced cloud …
On July 02, 2024, Man Infraconstruction Ltd (MICL) informed in a stock exchange filing that MICL TIGERTAIL LLC has been incorporated as a joint venture entity in Miami, Florida, USA. This JV entity is a collaboration between MICL Global, INC, a wholly-owned subsidiary of Man Infraconstruction Ltd. This joint venture does not fall under related …
In a significant development related to an insurance claim dispute, the Delhi State Consumer Disputes Redressal Commission has dismissed the New India Insurance Co. Ltd. (New India Insurance) ‘s appeal. This decision upholds an earlier order awarding substantial compensation to Sheela Foam Limited (Sheela Foam). Background of the Dispute On April 04, 2024, the District …
Patanjali Foods Ltd, a leading player in the Indian edible oils market, announced a strategic move to expand its product portfolio and solidify its position in the fast-moving consumer goods (FMCG) sector. The company has entered into a definitive agreement to acquire the entire non-food business undertaking of Patanjali Ayurved Ltd (PAL) for a total …
DCX Systems Ltd (DCX), a leading manufacturer of electronic systems and cable harnesses, has secured a significant contract win. The company announced today that it has been awarded a contract valued at ₹1,250 crore (plus applicable taxes) from Larsen & Toubro Limited (L&T), a reputed Indian conglomerate. This contract signifies a major boost for DCX …
On July 1, 2024, Tata Steel UK received confirmation from the Unite Union that they are suspending both their current work slowdown and the planned strike scheduled to begin on July 8. A spokesperson from Tata Steel mentioned that with this assurance, they will stop preparing for the early shutdown of Blast Furnace 4 and …
Cupid Limited, the company involved in the personal care industry, has announced a strategic partnership with SAP to implement the cutting-edge ERP system, SAP S/4HANA Cloud. This initiative demonstrates Cupid Limited’s commitment to enhancing operational efficiency, improving decision-making processes, and fostering sustainable growth through advanced technology. The integration of SAP S/4HANA Cloud will provide Cupid …
Adani Group is an Indian multinational conglomerate, headquartered in Ahmedabad. Founded by Gautam Adani in 1988 as a commodity trading business, the Group’s businesses include sea and airport management, electricity generation and transmission, mining, natural gas, food, weapons, and infrastructure. The Adani group has a widescale presence across 70 countries. The Adani group listed stocks …
