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ABB India Celebrates 100-Year Milestone with MCB Innovation

7 May 2024

ABB India Ltd announced on May 7, 2024, that the company’s first-of-its-kind Miniature Circuit Breaker (MCB) touched a milestone 100-year anniversary of protecting electrical circuits while evolving to meet the sustainability needs of the future. MCB has changed our everyday lives by providing safety for both commercial and residential buildings, reducing the risk of unforeseen …

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Thomas Cook India Introduces Paperless Video KYC for Forex Services

7 May 2024

On May 7, 2024, Thomas Cook (India) Limited informed the stock exchanges that the company had launched its Video KYC with paperless processes to support its retail customers. With this digital solution, the company strives to make it easy and convenient for customers to avail of foreign exchange services from the comfort of their homes. …

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Oberoi Realty Enters Development Agreement for Worli Housing Society

7 May 2024

On May 6, 2024, Oberoi Realty informed the stock exchanges that the company had entered into a Development Agreement to develop land and redevelop a large housing society spread over approximately 12,790 square meters in the Adarsh Nagar area of Worli, Mumbai. The company stated that the land parcel is leased to Maharashtra Housing and …

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Redington Limited Announces Divestment of Turkey-Based Subsidiary, Paynet

7 May 2024

On May 7, 2024, Redington Limited informed the stock exchanges that the company’s step-down subsidiary Arena Bilgisayar Sanayi Ve Ticaret A.S, Turkey (Arena ), signed a definitive agreement with Iyzi Payment and Electronic Money Services Inc, Turkey (Iyzico). The agreement is to sell 100% of the equity held by Arena in its wholly-owned subsidiary, Paynet …

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Hindalco Deepens Global Reach With Novelis, Sales Cross $4 Billion in Q4

7 May 2024

As a subsidiary of Hindalco Industries Limited, a leading player in the aluminium and copper industries since 2007, Novelis benefits from being part of the Aditya Birla Group. Novelis is the leading provider of rolled aluminium products worldwide, catering to various industries such as beverage cans, automotive, architecture, and electronics. The acquisition aimed to enhance …

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From Local to National: DMart’s Resilient Path Through Geographic Expansion

9 May 2024

Store Expansion and Recovering Customer Footfall DMart witnessed significant store expansion in FY24, increasing its network from 155 stores in FY18 to 365 stores. This growth reflects DMart’s commitment to geographical diversification and reaching new customer segments. The following table showcases DMart’s year wise store count Year Dmart Stores FY20 214 FY21 234 FY22 284 …

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TVS Supply Chain Solutions Strengthens Partnership with VE Commercial Vehicles

9 May 2024

TVS Supply Chain Solutions Limited (TVS SCS), a leading player in the Indian logistics landscape, has further strengthened its long-standing partnership with VE Commercial Vehicles (VECV) by securing a new three-year contract. The company signed an agreement with VECV to manage the in-plant warehousing and logistics operations at VECV’s Eicher bus factory in Baggad, Madhya …

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Datamatics Global Services To Acquire Full Control in Datamatics Cloud Solutions

9 May 2024

Datamatics Global Services Limited (DGS), a leading provider of digital technologies, operations, and customer experience solutions, announced a strategic move to consolidate its Salesforce business on May 8, 2024. The company’s Board of Directors approved the acquisition of the remaining 23% equity stake in Datamatics Cloud Solution Private Limited (DCSPL), a Joint Venture (JV) company …

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Upper Circuit Stocks Today – 1 December, 2023

1 December 2023

On Friday, the benchmark indices were trading higher with the Sensex up around 470 points or 0.70% at 67,458 while the Nifty-50 up around 131 points or 0.65% at 20,265. About 2,346 shares have advanced, 1,117 declined, and 181 are unchanged on the BSE.  Top gainers and losers on the BSE Sensex index are as …

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Timing The Market vs Time in The Market: What Is The Right Investment Approach?

27 October 2022

What is the difference between timing the market and time in the market? We will see in great detail what it means by timing the market vs time in the market.  The difference between the two is the same as between speculation and investing. Investors who time the market try to beat the market by …

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