RMC Gears Up for AMISP Surge RMC Switchgears Ltd., a Jaipur-based company, has announced a significant expansion of its manufacturing capacity for Smart Metering Enclosures (SMCs). This move is strategically timed to address the anticipated rise in demand for these enclosures driven by AMISP projects across the country. The company estimates this expansion will increase …
Addressing Rising Costs and Environmental Concerns Rudra Global Infrastructure Ltd, a leading manufacturer of steel bars and billets, faces a significant challenge in managing energy costs, which constitute a substantial portion of its manufacturing expenses. With the aftermath of the COVID-19 pandemic amplifying these concerns, the company’s board is proactively seeking alternative approaches to mitigate …
A Landmark Achievement Zydus’ stock price achievement signifies a remarkable journey for the company. It took nearly more than six and half years for the shares to breach the Rs 1,000 mark, highlighting the steady growth and investor confidence the company has garnered over time. The table below provides a glimpse into Zydus’ historical stock …
SPARC is a leading bio-pharmaceutical firm dedicated to the research and development of pharmaceuticals. Since its inception on March 1, 2006, headquartered in Mumbai, India, SPARC has been at the forefront of innovation in the pharma sector, focusing on delivering advanced pharmaceutical solutions. Technical Analysis Breakdown An in-depth examination of SPARC Share on a weekly …
As per the US health regulator, the US Food and Drug Administration, Indian multinational pharmaceutical company Sun Pharmaceutical Industries Limited is recalling around 55,000 bottles of generic medication to treat gout from the American market due to manufacturing practices norms violations. Sun Pharma Recalls Gout Medication According to the recent enforcement report by the US …
Bangalore, India’s famed “Silicon Valley,” is facing a severe water crisis. Rapid urbanization coupled with inadequate infrastructure and unreliable rainfall patterns have pushed the city to the brink. Citizens are forced to rely on water tankers for daily needs, and businesses face disruptions due to water shortages. This crisis not only impacts the quality of …
The Cabinet Committee on Security (CSS) has approved ₹15,000 crore fifth-generation Advanced Medium Combat Aircraft (AMCA) fighter jet project for the Indian Air Force (IAF). This project is under the Aeronautical Development Agency (ADA) under the Defence Research and Development Organisation (DRDO). ADA will be collaborating with Hindustan Aeronautics Limited (HAL) to manufacture the prototypes …
Indiabulls Housing Finance Limited offered secured, redeemable, non-convertible debentures (secured NCDs) named Indiabulls Housing Fin. Tranche V NCD Jan 2024. The issue is open for subscription between March 5 and March 19, 2024. The base issue size was Rs 100 crore, with an option to oversubscribe for another Rs 100 crore, bringing the total tranche …
The Adani Group, a prominent Indian conglomerate, has set its sights on significant growth within the aviation sector. They recently unveiled an ambitious plan to invest a whopping ₹60,000 crore into their existing airport portfolio over the next 5-10 years. This move indicates the commitment of the Adani Group to transform India’s aviation landscape and …
InterGlobe Aviation Ltd (IndiGo), India’s largest passenger airline engaged in providing airline services in both the passenger and commercial segments, is in the spotlight today due to block deals incurred in the company’s shares during the morning trading session. Block Deal: In today’s morning trading session, around 2.6 crore shares, representing a 6.7% stake, were …
