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JSW Steel’s August Crude Steel Output Rises 1% YoY, Indian Operations Lead with 2% Growth

JSW Steel’s August Crude Steel Output Rises 1% YoY, Indian Operations Lead with 2% Growth

12 September 2024

JSW Steel reported that its total crude steel production for August 2024 was 23.16 lakh tonnes. The company has completed commissioning major facilities to increase capacity at BPSL from 3.5 MTPA to 4.5 MTPA, with production ramp-up expected by the third quarter of FY25.  In India, crude steel production rose by 2% year-on-year, with 91% …

Nazara Technologies to Acquire 15.86% Stake in Esports Platform STAN

Nazara Technologies to Acquire 15.86% Stake in Esports Platform STAN

12 September 2024

Nazara Technologies Limited, through its wholly-owned subsidiary Nazara Dubai FZ, has announced the acquisition of a 15.86% stake in GetStan Technologies Pte. Ltd (STAN), a leading esports community platform in India. Nazara will acquire this stake for approximately ₹18.4 crore (US$2.2 million) in an all-cash secondary transaction. The company stated that STAN is a prominent …

Best PSU Stocks in India in September 2024 – Based on 5Y CAGR

Best PSU Stocks in India in September 2024 – Based on 5Y CAGR

12 September 2024

Public Sector Undertakings (PSUs) have long been a cornerstone of many economies, playing a crucial role in sectors like energy, transportation, and utilities. For investors, PSU stocks offer a blend of stability, dividends, and potential for growth. In this article, we will explore the best PSU stocks in India in September 2024. Best PSU Stocks …

NBCC Signs MoU With MTNL For Rs 1,600-Crore Project

NBCC Signs MoU With MTNL For Rs 1,600-Crore Project

12 September 2024

One of India’s leading construction companies, NBCC India Limited, places a high priority on green building techniques and sustainable development. The company has worked on several nationally significant infrastructure and iconic building projects. NBCC has a reputation for completing high-quality projects on schedule and within budget thanks to its experience in project management, engineering, and …

Small Finance Banks Raise Fixed Deposit Rates to Compete SBI and HDFC

Small Finance Banks Raise Fixed Deposit Rates to Compete SBI and HDFC

12 September 2024

In a bid to attract depositors amid rising competition from large banks and alternative investment options, several small finance banks (SFBs) have increased their fixed deposit interest rates to over 8% for a two-year tenure. These SFBs are offering significantly higher returns compared to a year ago, surpassing the rates offered by major banks like …

Tata Steel’s £1.25 Billion Green Steel Project to Secure Jobs and Cut Emissions

Tata Steel’s £1.25 Billion Green Steel Project to Secure Jobs and Cut Emissions

12 September 2024

On September 11, 2024, Tata Steel announced that it has secured a £500 million grant from the UK Government. This funding will help speed up the company’s £1.25 billion green steel project at the Port Talbot steel plant in Wales. The project aims to install a modern Electric Arc Furnace, a key step towards more …

SBI, Bank KEB Hana Indonesia Sign Shareholder Agreement for Local Ownership Compliance

SBI, Bank KEB Hana Indonesia Sign Shareholder Agreement for Local Ownership Compliance

12 September 2024

State Bank of India (SBI), Bank KEB Hana Indonesia, and Bank SBI Indonesia signed a Shareholder Agreement on September 10, 2024. Bank SBI Indonesia (BSBII), which is SBI’s overseas subsidiary in Indonesia, currently has 99.56% of its shares owned by SBI. To meet Indonesia’s regulatory requirement of having at least 1% local ownership, BSBII plans …

Brigade Group Expands Workspace Portfolio with BuzzWorks in Hyderabad

Brigade Group Expands Workspace Portfolio with BuzzWorks in Hyderabad

12 September 2024

Brigade Group has introduced its premium flexible and managed workspace solution, BuzzWorks, in Hyderabad, located at Auro Orbit in HITECH City.  The new workspace spans a floor area of 25,000 sq. ft., offering 416 desks along with meeting rooms and collaborative spaces. This latest expansion aligns with Brigade Group’s strategic goal to reach 1 million …

Best Stocks Under ₹50 in September 2024- 5-yr CAGR Basis

Best Stocks Under ₹50 in September 2024- 5-yr CAGR Basis

11 September 2024

Keywords: stocks under 50, best stocks under 50, best stocks to buy under 50 Stocks under ₹50 are shares that trade at a price below ₹50 in the stock market. Stocks priced under ₹50 can offer investment opportunities for those with a limited budget. In this article, we’ll explore the best stocks under ₹50  in …

Bharat Electronics Secures Orders Worth Rs. 1,155 Crore

Bharat Electronics Secures Orders Worth Rs. 1,155 Crore

11 September 2024

Introduction: A Major Win for BEL Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking under the Ministry of Defence, has achieved a significant milestone by securing orders worth Rs. 1,155 crores. This achievement strengthens BEL’s position as a leader in India’s defence manufacturing sector and reflects its commitment to enhancing the country’s self-reliance …

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