On April 25, 2024, a leading global digital engineering and R&D services provider, L&T Technology Services Limited (LTTS), through an exchange filing, announced that it will be streamlining and simplifying its organisational structure into 3 main segments to fuel future growth, scalability and technology innovation. As a part of its ‘Go Deeper to Scale’ strategy …
On April 25, 2024, Meson Valves India Limited informed in a stock exchange filing that the company secured a license agreement with Georg Schunemann GmHH of Bremen, Germany. Details of the Agreement The agreement authorises Meson Valves to proactively expect and champion ‘Make in India’ as the exclusive choice for global manufacturing. This exclusive arrangement …
On April 25, 2024, Zensar Technologies Limited announced its financial results for its fourth quarter, ending March 31, 2024, of the fiscal year 2023-2024. In FY 2024, the company reported services revenue of $591.3 million, a yearly YoY growth of 1.0% in reported currency and 1.3% in constant currency. In Q4 FY 2024, the company …
On April 25, 2024, PG Electroplast Limited (PGEL), through an exchange filing, announced that its wholly-owned subsidiary, PG Technoplast Private Limited, achieved a significant milestone by unveiling its new marquee air conditioning (AC) manufacturing facility for North India in Bhiwadi, Rajasthan. The objective behind this strategic investment is to meet the growing demand for energy-efficient …
On April 25, 2024, the global steel producer Tata Steel Limited announced in an exchange filing that it will invest £1.25 billion in the UK Steel Industry. This announcement follows the company’s proposal to restructure the UK business and 7 months of formal and informal discussions with the UK Steel Committee (the multi-union forum) and …
On May 2, 2024, Datamatics Global Services Limited informed the stock exchanges that it has been recognised as a ‘Major Contender’ in Everest Group’s Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment 2024. The company stated that this is the sixth year in a row that the Everest Group, a leading research firm, has recognised …
Sandur Manganese & Iron Ores Limited (SMIORE), a leading company within the Karnataka-based Sandur Group, announced a significant step towards business expansion on April 25, 2024. The Board of Directors approved a strategic acquisition through the purchase of 80% equity share capital of Arjas Steel Private Limited (ASPL). This move aligns with SMIORE’s long-term business …
On Friday, the benchmark indices were trading in the red with the Sensex down around 150 points or 0.20% at 74,192, while the Nifty-50 was down around 40 points or 0.17% at 22,533. About 1,762 shares have advanced; 1,302 declined and 105 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
The domestic indices started the trading session with a slight uptick, primarily driven by more than 10% gains registered in the IT major Tech Mahindra. However, the momentum was later dampened by substantial losses observed in the banking and financial services sectors, pulling the indices down. At 10:10 am, the BSE Sensex fell 0.18% reaching …
The benchmark index S&P BSE 500 opened today at 33,023.06 and touched an intraday high of 33,047.85 and low of 32,997.58, while currently trading at around 33,038.91 up by 0.33%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Tech Mahindra …
