The stock which had given a 34% return in the year 2023 is down by 16% in this year 2024, the major hit coming after the Supreme Court notice on 28th of February to Patanjali Ayurved and its MD Acharya Balkrishna. What has Happened? The court had directed Patanjali to stop all electronic and print …
On April 15, 2024, EaseMyTrip, one of India’s largest online travel tech platforms, informed in a stock exchange filing that the company launched its first franchise store in Karnal, Haryana. This new store marks the 14th store for the company in the country. This move is a part of the brand’s expansion plans through the …
On April 15, 2024, Indiabulls Housing Finance Limited (IHFL), one of the leading housing finance companies, announced that it had transferred the second tranche of the Reserve amount of ₹291.49 crore to the lender repayment trust (IDBI Trusteeship Services Limited) for Foreign Currency Convertible Bonds (FCCBs) redemption on the optional put date of September 29, …
On April 15, 2024, the renewable power generation giant Adani Green Energy Limited (AGEL) announced an operational update for the year (FY 2024) ending March 31, 2024. During the year, the operational capacity increased by 35% YoY to 10,934 MW with the greenfield addition of 2,418 MW solar and 430 MW wind power plants. This …
When Hindenburg in Last year published a short report on the Conglomerate, the shares of the majority of its companies touched 52-week lows. The insurance giant faced intense scrutiny over its decision to invest in the Adani group after allegations of stock manipulation fuelled by the Hindenburg report. LIC’s Investment Value Jump Though after such …
On April 15, 2024, Ramkrishna Forgings Limited announced in an exchange filing that the company secured a significant order for the prestigious Vande Bharat Train Set. This order, valued at ₹270 crore, is to be supplied to the Titagarh Rail Systems Limited (TRSL) and Bharat Heavy Electricals Limited (BHEL) consortium, marking a pivotal moment in …
On April 12, 2024, JSW Energy informed the stock exchanges about the acquisition of the 45 MW Vashpet Wind Project, located in Maharashtra, from Reliance Power Limited by JSW Renewable Energy (Coated) Limited (JSWRECL), a wholly owned subsidiary of JSW Neo Energy Limited and a step-down subsidiary of the company. Details of the Acquisition JSW …
Wise Travel India Ltd, one of the largest and fastest-growing people transportation companies in India, intends to add 1,000 electric vehicles to its fleet this year as part of its comprehensive sustainable mobility drive. The company is expanding in tier II cities like Jaipur, Chandigarh, Indore, and Coimbatore and is also planning to expand to …
The public sector consultancy and engineering services provider Engineers India Limited (EIL) recently announced that it has signed a Memorandum of Understanding (MoU) with Detect Technologies Private Limited for Real-Time Artificial Intelligence (AI) based Monitoring for Implementing Safe Practices at Construction Sites and Progress Monitoring for Clients in India and abroad. In line with the …
The hotel chain operator Royal Orchid Hotels Limited (ROHL) has increased its business presence with the opening of a new hotel, Regenta Central, in the coastal city of Puri. ROHLs maiden property in the state. This new hotel is the company’s 4th hotel in east India and has bolstered the company’s presence in the geography. …
