On August 7, 2024, Phoenix Mills Limited (PML) announced it had acquired a valuable piece of land in Coimbatore, Tamil Nadu. The land is situated in a key location on Avinashi Road in Coimbatore. Astrea Real Estate Developers Private Limited, a subsidiary of PML with 67.1% ownership, acquired the land through buying shares and direct …
On August 07, 2024, Rain Carbon Inc. (RAIN), a wholly owned subsidiary of Rain Industries Limited, opened a new 30,000 sq. ft. industrial facility in Hamilton, Ontario, Canada. This new RAIN Innovation Center for Energy Storage Materials highlights Rain Industries Limited’s dedication to developing sustainable energy storage solutions. The centre features a demonstration facility for …
NLC India Ltd has reported its financial performance for the quarter ended June 30, 2024, showcasing significant growth across various parameters. The consolidated Profit After Tax (PAT) for the Group reached ₹566.69 crore, marking a 37.02% increase compared to ₹413.57 crore in the same quarter of the previous year. The Earnings Before Interest, Taxes, Depreciation, …
Zee Media Corporation Limited (ZMCL) has released its financial and operational performance for the quarter ended June 30, 2024 (Q1 FY25). The company reported an impressive 25.3% year-over-year growth in operating revenue, reaching ₹1,759.6 million in Q1 FY25 compared to ₹1,404.1 million in Q1 FY24. The company also achieved a significant turnaround in operating profit …
On August 07, 2024, Lemon Tree Hotels Limited announced the opening of its newest property, Lemon Tree Resort, Somnath. This latest addition marks the seventh Lemon Tree property in Gujarat, enhancing the group’s footprint in the state. Located in Veraval, a picturesque coastal area renowned for its serene environment and stunning sunsets, Lemon Tree Resort, …
On August 7, 2024, Last Mile Enterprises Limited announced through a stock exchange filing that its material subsidiary, M/s. Damson Technologies Private Limited, has entered into a Memorandum of Understanding (MoU) with One Futureworld (Singapore) Pte Ltd. This partnership is aimed at fostering collaboration and expanding business operations in designated territories. One Futureworld is a …
On August 7, 2024, Brigade Enterprises Limited announced to the stock exchanges the inauguration of the first phase of the ‘Brigade-BCIC Skill Development Academy (BBSDA) – a Centre of Excellence’ by Brigade Foundation, the philanthropic arm of Brigade Group. This state-of-the-art facility, located on a 5-acre land parcel in Aerospace Park, Bangalore North, was launched …
On August 7, 2024, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, expanded its premium network by opening its first ‘Hero Premia’ store in New Delhi today. This move is part of the company’s comprehensive premiumisation strategy. Located in the well-known auto hub of Naraina industrial area, the new store showcases 8 models …
On August 8, 2024, Revolt Motors, India’s leading electric motorcycle company, announced the launch of its second company-owned store in Gujranwala Town, New Delhi. This new store comes after the success of their first store in Karol Bagh and aims to advance their goal of offering advanced electric mobility solutions. The COCO store is set …
On August 07, 2024, Godrej Consumer Products Limited (GCPL), a major FMCG company in emerging markets, announced its financial results for the quarter ending June 30, 2024. In Q1 FY 2025, Godrej Consumer Products Limited saw various segment performances. In India, organic volume increased by 8% and reported volume by 10%, with reported sales rising …
