Raymond Lifestyle Ltd., the newly demerged retail and lifestyle division of Raymond Ltd., made an impressive debut on the stock market on Thursday, September 5, 2024. The stock listed at a striking 93.3% premium, opening at Rs 3,020 on the National Stock Exchange (NSE) and touching an intraday high of Rs 3,100. On the Bombay …
The main office of the publicly traded Indian multinational Adani Enterprises Limited, a vital part of the Adani Group, is located in Ahmedabad. Mining and trading of coal and iron ore are among the company’s primary operations. Adani Enterprises’ inaugural issuance of non-convertible debentures (NCDs) garnered bids worth Rs. 716 crore on the first day, …
Sona BLW Precision Forgings, a leading auto component manufacturer, has announced the floor price for its Qualified Institutions Placement (QIP) at Rs.699.01 per share, aiming to raise up to Rs.2,400 crore. This comes after approvals from the board on July 24, 2024,shareholders on August 30, 2024 and otherwise recently, allowing the company to expand its …
On September 5, 2024, Radico Khaitan Limited, a major player in India’s IMFL industry, announced via a stock exchange filing that it will launch the next additions to its Rampur Jugalbandi series—Rampur Jugalbandi #5 and #6—at The Whisky Show in London, taking place from September 6 to 8, 2024. These new whiskies, crafted at Rampur …
On September 5, 2024, Nazara Technologies Limited announced a significant partnership with the Government of Telangana through a Memorandum of Understanding (MoU). This collaboration will lead to the establishment of a groundbreaking AI Center of Excellence (AI CoE) in Telangana, marking a major milestone in the gaming and digital entertainment sectors. The AI CoE will …
On September 5, 2024, Goldiam International Limited announced a significant milestone in its business operations. The company has secured purchase orders worth ₹70 crore from major retailers in the USA for diamond-studded gold jewellery. Notably, 80% of these orders are for lab-grown diamond jewellery, underscoring a growing market trend towards sustainable and innovative jewellery solutions. …
Meghna Infracon Infrastructure Limited is pleased to announce the launch of its latest residential project, “Manju Villa,” situated in Goregaon (West). This project signifies our strategic entry into Mumbai’s luxury real estate market. Manju Villa will encompass approximately 30,000 square feet of construction area and is anticipated to generate revenue of around ₹370 million upon …
RateGain Travel Technologies Limited (RateGain), a leading global provider of SaaS solutions for the travel and hospitality industry, announced today that TAAG Angola Airlines E.P., Africa’s premier airline with a rich history spanning 70 years, has selected AirGain, RateGain’s innovative airline revenue management product, to gain real-time competitive insights. This strategic partnership empowers TAAG Airlines …
Suzlon Energy shares will be in focus on September 05, 2024, as the leading Indian wind energy company announced the sale of its corporate office, “One Earth Property,” to OE Business Park Pvt. Ltd. The transaction was finalised at a total consideration of ₹440 crore. On September 05, 2024, Suzlon shares opened at ₹75.67 and …
In a significant announcement that could impact the strategies of auto companies like Maruti Suzuki, Toyota, and Honda, G20 Sherpa Amitabh Kant reaffirmed the government’s commitment to a substantial duty differential between electric vehicles (EVs) and hybrids. This policy aims to accelerate the adoption of zero-emission technologies and bolster India’s green mobility initiatives. Speaking at …
