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Board of Powergrid Approves for Rs.5,000 Crore Fundraising

Board of Powergrid Approves for Rs.5,000 Crore Fundraising

23 May 2024

Power Grid Corporation of India Limited is a public sector company that operates under the Ministry of Power, Government of India. The company is engaged in the transmission of bulk power across different states in India contributing to the electricity infrastructure of the country. Through its extensive network, it ensures the transfer of electricity from …

JSW Infrastructure and A.P. Moller Capital join forces for port infrastructure growth

JSW Infrastructure and A.P. Moller Capital join forces for port infrastructure growth

23 May 2024

About the Memorandum of Understanding JSW Infrastructure Limited (JSW Infra) and A.P. Moller Capital (APMC) have signed a momentous Memorandum of Understanding (MOU) to explore collaborative opportunities in India’s port and related infrastructure sector. This strategic alliance signifies a significant development with the potential to reshape the landscape of port development and logistics in India. …

Godrej Properties Achieves ₹2,000 Crore Sales with Godrej Jardinia Launch in Noida

Godrej Properties Achieves ₹2,000 Crore Sales with Godrej Jardinia Launch in Noida

23 May 2024

On May 23, 2024, Godrej Properties announced in an exchange filing that the company has sold approximately 650 homes worth more than ₹2,000 crore in its project, Godrej Jardinia. Godrej Jardinia, situated in Sector 146, Noida, was launched in May 2024. Based on the value of sales achieved, this development marks Godrej Properties’ most successful …

LTTS Inaugurates Simulation Centre of Excellence for Airbus in Bangalore

LTTS Inaugurates Simulation Centre of Excellence for Airbus in Bangalore

23 May 2024

On May 23, 2024, L&T Technology Services (LTTS) announced the inauguration of the Simulation Centre of Excellence for Airbus in an exchange filing. This Centre of Excellence (CoE) is strategically located at the LTTS state-of-the-art campus in Bangalore. It is designed to strengthen engineering support for Airbus aircraft structural simulation activities across its various business …

Jubilant FoodWorks Doubles Down on Bangladesh with Strategic Investment for Network Expansion

Jubilant FoodWorks Doubles Down on Bangladesh with Strategic Investment for Network Expansion

23 May 2024

Jubilant FoodWorks Limited (JFL), the owner and operator of Domino’s Pizza in India and several other countries announced a significant commitment to strengthening its presence in Bangladesh. The company’s Investment Committee, in a meeting held on May 22, 2024, approved an investment plan of up to ₹30 crore in Jubilant FoodWorks Bangladesh Limited (JFBL), its …

Kesar India Expands Global Reach with New Subsidiary in Dubai

Kesar India Expands Global Reach with New Subsidiary in Dubai

23 May 2024

Kesar India Limited, a leading Indian company, announced a strategic expansion into the United Arab Emirates (UAE) market. Kesar Middle East FZCO, a wholly-owned subsidiary of Kesar India, has incorporated a new step-down subsidiary named DEJA VU FZCO in Dubai. This development signifies Kesar India’s commitment to exploring new growth opportunities in the dynamic Middle …

Oil India and Numaligarh Refinery Join Forces to Strengthen Northeast India’s Energy Landscape

Oil India and Numaligarh Refinery Join Forces to Strengthen Northeast India’s Energy Landscape

23 May 2024

Oil India Limited (OIL), India’s oldest oil and gas company and a Maharatna Central Public Sector Enterprise (CPSE) under the Government of India, has joined forces with its subsidiary, Numaligarh Refinery Limited (NRL), to bolster the transportation of petroleum products in Northeast India significantly. This strategic collaboration is marked by the signing of a new …

Technical Picks to Keep an Eye On: Indian Hotels and Fertilizers & Chemicals Travancore

Technical Picks to Keep an Eye On: Indian Hotels and Fertilizers & Chemicals Travancore

23 May 2024

Technical analysis identifies Indian Hotels and Fertilizers & Chemicals Travancoreas upside potential stocks. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 571.15 and Rs 701.30 respectively, their price aligns with positive signals from technical indicators like RSI and …

Market Movers: Here Are Today’s High-Volume Buzzers!

Market Movers: Here Are Today’s High-Volume Buzzers!

23 May 2024

After starting the trading session flat, domestic indices quickly gained strong momentum, buoyed by significant gains in the telecommunication, capital goods, energy, banking, and financial services sectors. At 10:25 am, the BSE Sensex gained 0.53% reaching a level of 74,612. The Nifty 50 index surged 0.48% to the 22,705 level. On the Sensex, Axis Bank, …

Upper Circuit Stocks Today – 23 May, 2024

Upper Circuit Stocks Today – 23 May, 2024

23 May 2024

On Thursday, the benchmark indices were trading in green with the Sensex up around 260 points or 0.35% at 74,485, while the Nifty-50 was up around 72 points or 0.32% at 22,670. About 1,942 shares have advanced; 1,000 declined and 109 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index: …

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