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TBO Tek: Travel Company’s Stocks grew by 8%

TBO Tek: Travel Company’s Stocks grew by 8%

24 June 2024

TBO Tek Limited provides travel technology solutions. Serving India, customers it aims to develop and design travel applications that allow users to search and book tickets for booking, online reservation, car rentals, insurance, cruises, trains, and hotel rooms. Founded in 2006, TBO’s initial focus was on aggregating airline supply in India, and over time the …

Route Mobile Partners with Billeasy for WhatsApp Metro Ticket Booking in Four Indian Cities

Route Mobile Partners with Billeasy for WhatsApp Metro Ticket Booking in Four Indian Cities

24 June 2024

On June 24, 2024, Route Mobile Limited partnered with Billeasy E Solutions Private Limited to provide WhatsApp-based ticket booking for the metro systems in Pune, Hyderabad, Nagpur, and Delhi. More than 7.5 million commuters use these metros daily. To buy tickets, passengers simply visit the official WhatsApp account of the respective metro, choose their stations, …

RPP Infra Soars 20% After Securing Rs. 152 Crore Construction Project in UP

RPP Infra Soars 20% After Securing Rs. 152 Crore Construction Project in UP

24 June 2024

RPP Infra Projects is a construction company primarily involved in infrastructure development, including highways, roads, and bridges. The company has recently backed a contract added to its order book, now totaling Rs. 3,300 crores. New Project Details RPP Infra Projects has announced securing a letter of acceptance (LoA) for constructing a new district jail in …

Top 5 Stocks with Improved Dividend Yields

Top 5 Stocks with Improved Dividend Yields

24 June 2024

Company Name Sector Mcap (Rs crore) latest Div Yield % 3yr Avg Div Yield % Growth Times Addi Inds Textiles 56.14 2.41 0.01 240.00 Prima Agro Animal Feed 13.45 18.46 0.09 204.11 Cyber Media (I) Printing 37.24 1.58 0.01 157.00 Vibrant Global Asset Management 188.00 1.51 0.01 150.00 Xchanging Solutions Software Services 1,341.00 24.92 0.23 …

IREDA Successfully Raises Rs 1,500 Crore Through Bond Issuance

IREDA Successfully Raises Rs 1,500 Crore Through Bond Issuance

24 June 2024

Indian Renewable Energy Development Agency Ltd was incorporated as a fully owned Govt. of India enterprise under the administrative control of the MNRE. Furthermore, the company was notified as a public financial institution and is also registered as a non-deposit-taking NBFC with the RBI. The company was established for the promotion, development, and commercialization of …

MAS Financial Services Completes ₹500 Crore QIP

MAS Financial Services Completes ₹500 Crore QIP

24 June 2024

On June 24, 2024, MAS Financial Services announced the successful completion of a Qualified Institutional Placement (QIP) amounting to ₹500 crore, marking its first equity raise since its initial public offering (IPO) in 2017. The company stated that the QIP received an overwhelming response from investors, with demand surpassing the issue size multiple times over. …

Block Deal in Car Trade with 15% Equity Exchanged Hands

Block Deal in Car Trade with 15% Equity Exchanged Hands

24 June 2024

CarTrade Tech is an online Indian platform that acts as a marketplace for buying/selling of new/old vehicles. The company operates a comprehensive automotive digital ecosystem, connecting various stakeholders such as automobile customers, OEMs, dealers, banks, and insurance companies. The company owns and operates several brands, including CarTrade, CarWale, and AutoBiz. Block Deal Shares of CarTrade …

Infibeam Avenues Ltd’s Strategic Partnership with EDII for AI Adoption

Infibeam Avenues Ltd’s Strategic Partnership with EDII for AI Adoption

24 June 2024

On June 24, 2024, Infibeam Avenues Limited announced a strategic partnership with academic institutions to advance the adoption and growth of Artificial Intelligence (AI) in India, marking its second major initiative in this field. The company has signed a MoU (Memorandum of Understanding) with the Entrepreneurship Development Institute of India (EDII), Ahmedabad. This partnership strives …

JSW Energy Stock Jumps as Subsidiary Secures New Project

JSW Energy Stock Jumps as Subsidiary Secures New Project

24 June 2024

JSW Energy Ltd and its subsidiaries are primarily engaged in the business of generation of power from its power assets located in Karnataka, Maharashtra, Nandyal, and Salboni. It is the holding company for the JSW group’s power business. The company also has a JV company engaged in mining activities and an associate engaged in the …

Prestige Estates Projects: Board Approves Rs 5,000 Crore Fundraising via QIP

Prestige Estates Projects: Board Approves Rs 5,000 Crore Fundraising via QIP

24 June 2024

Prestige Estate Projects is in the business of real estate development encompassing the development and construction of properties, and leasing of office and retail properties. The Company is maintaining a leadership position in Bengaluru and has a significant presence in Hyderabad and Chennai. It has also extended operations in recent years to Kochi, Mangalore, Goa, …

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