On 3 June 2024, GAIL India Limited launched the “Waah Kya Energy Hai” Campaign to promote clean and sustainable fuel choices. The company is known for its innovative campaigns to encourage people-driven efforts for environmental conservation. The new series campaign “Waah Kya Energy Hai” aims to highlight the accessibility and benefits of embracing new, clean, …
Popular Vehicles & Services Limited (PVSL), a leading fully integrated automotive dealership player in India, announced a wave of recognition for its outstanding performance. Both PVSL and its wholly-owned subsidiary, Popular Mega Motors (India) Private Limited (PMMIL), received prestigious awards, solidifying their position as key players in the Indian automotive industry. Popular Mega Motors Hailed …
Star Health & Allied Insurance Company is poised for substantial growth in the current financial year, aiming for an 18-20% increase in gross written premiums (GWP). Star Health plans to double its premium income over the next four years as a standalone health insurance company. CEO Anand Roy stated that this ambitious goal is to …
PTC India Financial Services Limited reported in a stock exchange filing that ICRA, the credit rating agency, has downgraded its long-term rating to ‘[ICRA] A-‘ from ‘[ICRA] A+’ with a ‘negative’ outlook. The short-term rating was also revised to [ICRA]A2+ from [ICRA]A1. ICRA cited the downgrade of PTC India Financial Services (PFS) ratings due to …
On June 17, 2024, Vishnu Prakash R Punglia Ltd announced in a stock exchange filing that it had received a Letter of Acceptance from the Office of DY CE-C-BKN-ENGINEERING, North Western Railway Bikaner. The company stated that this prestigious project is Earthwork in filling and cutting in formation, trolley refuges, blanketing, retaining wall, pitching, construction …
On June 17, 2024, the ICAR-National Bureau of Soil Survey & Land Use Planning (NBSS&LUP), Nagpur, and Coromandel International Limited (CIL) signed an agreement. This partnership aims to improve how farmers in Maharashtra, especially in Vidarbha and Marathwada, manage their crops using soil tests. NBSS&LUP will provide soil data, and Coromandel will offer effective nutrient …
On July 2, 2024, Prime Focus Limited reported in a stock exchange filing that the DNEG Group had announced a strategic investment of $200 million by United Al Saqer Group (UASG), valuing the Group at over $2 billion. The DNEG Group, renowned for its 25-year history of innovation in the visual effects (VFX) sector and …
Introduction Gallantt Ispat Limited is proud to announce that it has been declared the successful “Preferred Bidder” for the Todupura Iron Ore Block in Rajasthan. This achievement marks a significant milestone for the company, ensuring a stable and self-reliant supply of raw materials for its operations. Successful Bid in e-Auction The declaration follows the e-auction …
IIFL Finance, under the scrutiny of RBI for irregularities in its gold portfolio, took corrective measures and concluded the special audit. The audit began on 23 April 2024, following an earlier inspection of IIFL’s financial position for Q4FY2024, leading to the imposition of supervisory restrictions on March 4, 2024. Reason for inspection: The initial inspection …
Bharti Airtel, one of India’s leading telecommunications companies, has made a significant financial move by prepaying Rs.7,904 crore to the Department of Telecom (DoT). This prepayment is aimed at clearing all deferred liabilities of the company related to the spectrum acquired during the 2012 and 2015 auctions. Details of the Prepayment The prepayment of Rs.7,904 …
