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Entero Healthcare Strengthens Market Presence with Three Key Acquisitions

Entero Healthcare Strengthens Market Presence with Three Key Acquisitions

5 August 2024

Entero Healthcare Solutions Limited recently informed the stock exchanges that its Board of Directors has approved the execution of definitive agreements to acquire three entities directly: Gourav Medical Agencies Private Limited (GMAPL), Sai Pharma Distributors Private Limited (SPDPL), and Srinivasa Lifecare Private Limited (SLPL). These acquisitions are strategic moves to expand Entero Healthcare’s footprint in …

JSW Energy Secures MSCI ESG A Rating

JSW Energy Secures MSCI ESG A Rating

5 August 2024

JSW Energy Limited informed the stock exchanges that it has achieved an impressive A rating for Environment, Social, and Corporate Governance (ESG) in the latest update from Morgan Stanley Capital International (MSCI). This rating highlights the company’s commitment to sustainability and responsible business practices, positioning it as one of the highest-rated companies among its domestic …

ZIM Laboratories Focuses on European and MENA Expansion

ZIM Laboratories Focuses on European and MENA Expansion

5 August 2024

ZIM Laboratories Limited, a prominent player in the pharmaceutical industry, recently made significant strategic moves to expand its global footprint. In a filing with the stock exchange, the company announced key decisions made by its Board of Directors to further its business interests in Europe and the MENA (Middle East and North Africa) region. Firstly, …

Utkarsh Small Finance Bank Q1 FY25: 30.6% Loan Growth, ₹311 Crore Operating Profit

Utkarsh Small Finance Bank Q1 FY25: 30.6% Loan Growth, ₹311 Crore Operating Profit

5 August 2024

On August 3, 2024, Utkarsh Small Finance Bank Limited’s Board of Directors approved the financial results for the quarter that ended on June 30, 2024. For the quarter ending June 30, 2024, Utkarsh Small Finance Bank Limited saw impressive growth. Their gross loan portfolio increased by 30.6% year-on-year to ₹18,798 crore, while deposits rose by …

Bank of India Reports Strong Growth and Improved Margins for Q1FY25

Bank of India Reports Strong Growth and Improved Margins for Q1FY25

5 August 2024

On August 03, 2024, the Bank of India announced its financial results for the June 30, 2024 quarter. Bank of India Ltd experienced significant growth in its global business, with a 12.34% year-over-year (YoY) increase. Global deposits rose by 9.74% YoY, while global advances saw a 15.82% YoY increase. Retail credit surged by 20.46% YoY, …

Shalby Hospital Brings World-Class Orthopedic Care to Rajkot

Shalby Hospital Brings World-Class Orthopedic Care to Rajkot

5 August 2024

On August 04, 2024, Shalby Hospital announced the opening of the Shalby Orthopedics Centre of Excellence in Rajkot. This specialised orthopaedic hospital, with 25 beds, aims to transform healthcare in Rajkot and the Saurashtra region. The Shalby Orthopedics Centre of Excellence strives to provide medical services that surpass international standards, focusing on the world’s best …

Ambuja Cements Announces ₹1600 Crore Investment to set up 6 MTPA Cement Grinding Unit in Bihar

Ambuja Cements Announces ₹1600 Crore Investment to set up 6 MTPA Cement Grinding Unit in Bihar

5 August 2024

On August 03, 2024, Ambuja Cements Limited, part of the Adani Group, announced its first project in Bihar, marking the largest investment in the state by a cement company. The Warisaliganj Cement Grinding Unit will be built in 3 phases with a total capacity of 6 million tonnes per annum (MTPA) and an investment of …

Cabinet Approves Investment for SJVN’s Lower Arun Hydro Electric Project in Nepal

Cabinet Approves Investment for SJVN’s Lower Arun Hydro Electric Project in Nepal

5 August 2024

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has sanctioned a significant investment in a hydropower project in Nepal. This development marks a critical step in enhancing India’s collaboration with its neighbors in renewable energy. Major Investment in Lower Arun Hydroelectric Project The 669-megawatt Lower Arun hydroelectric project, located downstream of …

Samvardhana Motherson International Acquires Sojitz Corp’s Stake in JV Motherson Auto Solutions

Samvardhana Motherson International Acquires Sojitz Corp’s Stake in JV Motherson Auto Solutions

5 August 2024

Samvardhana Motherson International Ltd (SAMIL) has announced a significant acquisition that will enhance its stake in Motherson Auto Solutions Ltd (MASL). This strategic move is set to consolidate SAMIL’s position in the auto components sector, reinforcing its growth trajectory. Strategic Acquisition Details On August 2, 2024, the Board of Directors of Samvardhana Motherson International Ltd …

Power Mech Projects Receives Order for Revival of Meenakshi Energy Phase II

Power Mech Projects Receives Order for Revival of Meenakshi Energy Phase II

5 August 2024

Power Mech Projects Limited is one of the leading infrastructure construction companies based in Hyderabad, India, with a global presence and a strong reputation for providing a wide range of services in the power and infrastructure sectors. In 1999, S. Kishore Babu, an enthusiastic entrepreneur in the engineering field, founded the company with the core …

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