On May 30, 2024, HCL Technologies Limited (HCLTech) informed the stock exchanges that HCLTech AI Force is now available on Google Cloud’s Gemini models. HCLTech’s GenAI platform, which is patented and system-agnostic, accelerates the value of GenAI investments. It now integrates Google’s multimodal large language model (LLM) Gemini, fostering innovation at scale. HCLTech AI Force …
Stocks/Share Market - Angel One

Dredging Corporation Posted Growth of 147% in Revenue During FY2024
30 May 2024On May 30, 2024, Dredging Corporation of India Limited, a leader in the Dredging Industry, released its results for the year ended March 31, 2024. In the Financial Year 2023–24, Dredging Corporation of India reported a profit of ₹35.68 Crore, a significant increase in profitability over the previous FY23 profit of ₹15.18 crore. Due to …

FDC Limited’s Q4 FY 2024 PAT Jumps 50.9% to ₹46 Crore
30 May 2024On May 30, 2024, FDC Limited, one of the leading fully integrated pharmaceutical companies in India, announced their financial performance for the quarter ended March 2024 and the financial year 2024. Financial Performance in Q4 FY 2024 In the quarter ended March 2024, FDC Limited’s operating revenue was ₹462 crore, which is up by 6.3% …

Yatra Streamlines Business Spending with AI-Powered Expense Management Solution
30 May 2024Yatra Online Limited, India’s leading corporate travel services provider, has unveiled a comprehensive expense management solution designed to revolutionise how businesses handle travel and non-travel expenditures. One-Stop Shop for Streamlined Expense Management This innovative tool seamlessly integrates travel bookings and expense tracking, optimising the entire process for domestic and international companies. Yatra’s solution promises unmatched …

Schaeffler India Launches Skilling Initiative to Support Youth in EV Maintenance
30 May 2024On May 30, 2024, Schaeffler India introduced a pioneering initiative to support underprivileged youth in the emerging field of electric vehicle (EV) maintenance. This is a collaborative venture between Schaeffler India and Don Bosco Training Centre in Pimpri Chinchwad, Pune. It is part of the Schaeffler Technical Enhancement Programme (STEP). Inaugurated by Andreas Schick, Schaeffler’s …

Thermax Limited Incorporates Wholly Owned Subsidiary TCSPL
30 May 2024On May 29, 2024, Thermax Limited informed in an exchange filing about the incorporation of a new wholly-owned subsidiary, Thermax Chemical Solutions Private Limited (TCSPL). About the Wholly Owned Subsidiary Thermax Limited stated that Thermax Chemical Solutions Private Limited was incorporated on May 28, 2024. The company’s authorised share capital is ₹12 crore divided into …

Tata Steel Bolsters Financial Resilience with Acquisition in T Steel Holdings Pte. Ltd
30 May 2024In a move designed to strengthen its financial position and support strategic growth initiatives, Tata Steel Limited announced a significant capital infusion plan for its wholly-owned foreign subsidiary, T Steel Holdings Pte. Ltd (TSHP). This multifaceted strategy combines equity subscription and debt restructuring to enhance Tata Steel’s long-term financial resilience. Capital Injection for Strategic Objectives …

Marksans Pharma Released Q4 FY2024 Earnings: Sales Rose 15.2% YoY
30 May 2024On May 30, 2024, Marksans Pharma Ltd, one of the leading pharmaceutical companies in India, released its results for the quarter and year ended March 31, 2024. Quarterly Performance Operating revenue was ₹560.0 crore, up 15.2% YoY due to new product launches, increased share with current customers, volume gains, and client additions. With a 51.8% …

IRB Infra Stock Cracks 13% Over Multiple Large Deals
30 May 2024IRB Infrastructure Developers Limited (formerly IRB Infrastructure Developers Private Limited), is an Indian highway construction company, It is a part of the IRB Group. It is a leading player in highway construction and infrastructure development in India. With 25 years of experience, the company has built, tolled, operated, and maintained approximately 18,500 lane kilometers across …

SJVN Board Approves Joint Venture With IOC
30 May 2024SJVN Ltd., formerly known as Satluj Jal Vidyut Nigam, is an Indian public sector undertaking involved in hydroelectric power generation and transmission. It was incorporated in 1988 as a joint venture between the Government of India and the Government of Himachal Pradesh. SJVN board approved signing a joint venture agreement with Indian Oil Corporation Limited …
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