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Tata Power Is At Focus As EV Trend Ramps Up: Know The Business Drivers

19 April 2024

The Indian electric utility and generation company has seen tremendous growth and achievements in recent years and also has brighter growth prospects for the upcoming future. Future Projects and Plans for Tata Power: The Indian Power company is set to expand its business exponentially by powering up its solar energy capacity to more than 2.4GW …

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SJVN Green Energy Forms Joint Venture for Renewable Energy with Assam Power Distribution

19 April 2024

On April 18, 2024, SJVN Ltd informed the stock exchanges that the company’s wholly-owned subsidiary had incorporated a Joint Venture company. Details of the Joint Venture Company SJVN Ltd’s wholly owned subsidiary, SJVN Green Energy Limited, has incorporated a Joint Venture Company with Assam Power Distribution Company Limited named “SGEL Assam Renewable Energy Limited”. The …

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ITC Infotech Expands Cloud Expertise with Blazeclan Acquisition

19 April 2024

ITC Limited, a leading Indian conglomerate with a diversified presence in the Fast-Moving Consumer Goods (FMCG) sector, recently announced a strategic move to bolster its subsidiary’s cloud computing capabilities. On April 18, 2024, ITC Infotech India Limited, a wholly-owned subsidiary of ITC, entered into a Share Purchase Agreement to acquire 100% ownership of Blazeclan Technologies …

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Godrej Fiasco: Firm Looks at Board Exits and Disinvestment

19 April 2024

The Godrej family has started division by exiting the boards of each other’s companies and will soon divest their stakes. The separation is between the two branches of the family, where Adi Godrej and his brother Nadir are on one side and their cousins Jamshyd Godrej and his sister Smita Godrej are on the other …

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Tata Group Stock: Titan Shows Bearish Trend

19 April 2024

Indian benchmark indices are poised to open lower due to reports of fresh conflict in the Middle East, dampening market sentiment. Titan Company Limited Titan Company Limited (Titan), previously known as Titan Industries Limited, was established in 1984 as a joint venture between the Tata Group and Tamil Nadu Industrial Development Corporation Limited (TIDCO). Titan …

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Senco Zoomed Over 15% After Release of Q4 FY2024 Updates

15 April 2024

The retail jewellery showroom operator Senco Gold Ltd announced its business update for the quarter (Q4 FY2024) and year (FY 2024) ended March 31, 2024. The company recorded a YoY growth of 39% and 28% in Q4 FY2024 and FY2024, respectively. In spite of the rising gold prices, the company recorded a YoY growth of …

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Shoppers Stop Inaugurates its First Store in Shillong

16 April 2024

In an exchange filing, Shoppers Stop informed that the company inaugurated its first store in Shillong on April 16, 2024. The company stated that this store will offer premium brands and the best experience to customers, making it the go-to destination for discerning shoppers in the city and surrounding area. With the new Shoppers Stop …

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Steel Strips Wheels Scores Major Win with Alloy Wheel Supply Agreement

16 April 2024

Steel Strips Wheels Limited (SSWL), a leading Indian manufacturer of automotive wheel rims, marked a significant milestone on April 16, 2024, by announcing a new alloy wheel supply agreement with a top passenger vehicle (PV) manufacturer in India. This strategic partnership strengthens SSWL’s position as a key player in the evolving Indian automotive industry, particularly …

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Sterlite Technologies Shares Mounted Over 5% After Release of Successful Capital Raise

16 April 2024

On April 16, 2024, Sterlite Technologies Ltd (STL), a prominent player in optical and digital solutions, announced a successful fundraising effort. Through a Qualified Institutional Placement (QIP), STL secured ₹1,000 crore. Global and Indian Investors Drive Demand The QIP offering attracted participation from a diverse group of esteemed investors, including both global and Indian institutions. …

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Senco Gold Touches A Significant Milestone Of Rs 1,000 Per Share Today

16 April 2024

Senco Gold Limited is an India-based jewellery retailer. The company primarily sells gold and diamond jewellery and also offers jewellery made of silver, platinum, precious and semi-precious stones, and other metals. There is a significant surge in the company’s stock price today. Share Performance At the start of the day’s trading session, the stock opened …

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