The Competition Commission of India (CCI) has approved Dixon Technologies (India) Ltd’s proposal to acquire a 6.5% stake in Aditya Infotech Ltd. Dixon Technologies, is known for its Electronic Manufacturing Services (EMS) business. The company provides solutions for products such as televisions, lighting, washing machines, and security systems. Transaction Details In July 2024, Dixon Technologies …
Metals are foundational to modern infrastructure, and India stands out in this sector as a leading global player. The country is the 2nd largest producer of aluminium and 4th largest of iron ore. With the Indian government’s focus on extensive infrastructure development, spanning roads, railways, and airports, the steel demand is anticipated to grow by …
GMR Airports Infrastructure Limited (GIL) has announced a significant move in its ongoing expansion strategy by entering into a Share Purchase Agreement (SPA) with Fraport AG Frankfurt Airport Services Worldwide (Fraport). Under this agreement, GIL will acquire Fraport’s 10% minority equity stake in Delhi International Airport Limited (DIAL) for an aggregate consideration of USD 126 …
The Indian Renewable Energy Development Agency (IREDA) has inked a Memorandum of Understanding (MoU) with SJVN, GMR Energy, and their affiliates to support the development of a 900 MW hydroelectric project in Nepal. The Upper Karnali Hydroelectric Project, located in Nepal, will be the cornerstone of this collaboration. The project aims to bolster regional energy …
Investing in highly volatile stocks is similar to navigating a ship through stormy seas. It can be thrilling and potentially rewarding, but it can also come with significant risks and requires a careful strategy. In this blog, check a few high-volatile stocks in September 2024 and also learn what high-volatile stocks are, along with the …
JTL Industries Limited has proudly announced the successful expansion of its Galvanized Iron (GI) plant located in Mangaon, Maharashtra. This strategic development marks a significant milestone for the company, enhancing its production capabilities with an additional 5,000 metric tons (MT) of capacity per quarter. The new facility represents a robust implementation of JTL Industries’ …
AGS Transact Technologies Limited, a leading provider of digital and cash-based payment solutions, announced on September 10, 2024, that it has launched and is now managing the Prepaid Card Platform for Indian Oil Corporation Limited’s (IOCL) ‘XtraPower’ fuel and fleet management program. IOCL is India’s largest public sector company. AGS Transact will earn around ₹58 …
On September 10, 2024, EKI Energy Services Limited (EKI) received a Grade 3 rating from the Sustainable Management and Research Institute (SMERA) as an Energy Service Company (ESCO). This rating highlights EKI’s strong work in energy audits and energy-saving projects, showcasing its commitment to fighting climate change. As an ESCO, EKI offers solutions to improve …
Infosys, a leading global technology services provider, and Proximus, Belgium’s largest telecommunications company, have announced a strategic partnership to accelerate digital transformation for businesses and consumers. The collaboration will leverage Proximus’s industry-leading communications and digital identity solutions, including Route Mobile’s CPaaS and Telesign’s DI, to enhance Infosys’ digital services. Together, they will focus on: Omnichannel …
ITI Limited, the country’s first PSU established after independence and a leading telecom manufacturer, has secured an order worth around ₹300 crore from the Bihar Renewable Energy Development Authority (BREDA). This order is for the supply and installation of 1,00,000 solar street lights for the Bihar State Government. It adds to the 80,000 solar street …
