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Best Artificial Intelligence Stocks in October 2024 – 5yr CAGR Basis

Best Artificial Intelligence Stocks in October 2024 – 5yr CAGR Basis

26 September 2024

The Artificial Intelligence market is expected to grow significantly, with a projected market size of $184 billion by 2024. It is anticipated to have an annual growth rate of 28.46% from 2024 to 2030, potentially reaching a market volume of $826.70 billion by 2030. In a global context, the largest market will be in the …

Royal Orchid Hotels Expands in Rajasthan with New 5-Star Resort

Royal Orchid Hotels Expands in Rajasthan with New 5-Star Resort

26 September 2024

Royal Orchid Hotels Ltd (ROHL) has announced the signing of a new 5-star resort in Chittorgarh, Rajasthan.  This resort, located near Pula Mangra village, will offer stunning views of Rajasthan’s rugged landscape and is easily accessible from Udaipur City and Maharana Pratap Airport. It marks ROHL’s 11th hotel in Rajasthan and will be branded as …

Easy Trip Planners Partners with PhonePe to Revolutionise Hotel Bookings

Easy Trip Planners Partners with PhonePe to Revolutionise Hotel Bookings

26 September 2024

On September 26, 2024, Easy Trip Planners Limited announced an exclusive partnership with PhonePe to launch its Hotels segment on the popular payment platform. This collaboration aims to enhance user experience by providing seamless access to a vast array of domestic and international hotels. PhonePe users will now have unique access to exclusive hotel deals …

Allcargo Gati Announces 10.2% Price Increase for Express Distribution Services Effective January 1, 2025

Allcargo Gati Announces 10.2% Price Increase for Express Distribution Services Effective January 1, 2025

26 September 2024

On September 26, 2024, Allcargo Gati Limited announced a 10.2% average General Price Increase (GPI) effective from January 1, 2025, for its Express Distribution services. This marks the first price revision since Allcargo Logistics Limited acquired Gati in 2019, driven by the need to align pricing with ongoing operational investments while maintaining high service standards.  …

Zaggle Prepaid Ocean Services to Expand Portfolio with 98.32% Stake in Span Across IT Solutions

Zaggle Prepaid Ocean Services to Expand Portfolio with 98.32% Stake in Span Across IT Solutions

26 September 2024

Zaggle Prepaid Ocean Services Limited announced on September 25, 2024, that its Board of Directors has approved the acquisition of a significant equity stake in Span Across IT Solutions Private Limited.  The company will acquire 10,66,314 equity shares, each with a face value of ₹10, at a price of ₹300.80 per share. This acquisition represents …

Best Ethanol Stocks in India in Oct 24 – Based on 5Y CAGR

Best Ethanol Stocks in India in Oct 24 – Based on 5Y CAGR

26 September 2024

India’s industrial ethanol production capacity stands at 13.80BL, with 8.75BL from molasses and 5.05BL from grain feedstocks as of April 2024.  In the pursuit of achieving 20% blending by 2025, the Indian government achieved a record 12% ethanol blending in FY 2024. To fight climate change and lessen dependency on foreign oil, the government is …

SBI Tracking Path to Achieve Net Profit of ₹1 Lakh Crore in the Next 3-5 Years

SBI Tracking Path to Achieve Net Profit of ₹1 Lakh Crore in the Next 3-5 Years

26 September 2024

State Bank of India (SBI), India’s largest lender, is ambitiously aiming to become the first Indian financial firm to achieve a net profit milestone of Rs 1 lakh crore within the next 3-5 years. This ambitious target, as outlined by SBI’s Chairman C S Setty, is underpinned by the bank’s strong financial performance. In FY24, …

PGIL Bolsters Business: Appointed as Specialised Agency by AAI

PGIL Bolsters Business: Appointed as Specialised Agency by AAI

26 September 2024

On September 25, 2024, a leading player in the electrical contracting and equipment industry, Power & Instrumentation (Gujarat) Limited through an exchange filing announced that it has been appointed by the Airports Authority of India (AAI) as the specialised agency.  The company is responsible for the power supply system of the new Integrated Passenger Terminal …

Vodafone Idea: Exclusion Revoked from Nifty Indices

Vodafone Idea: Exclusion Revoked from Nifty Indices

26 September 2024

Introduction Vodafone Idea, often seen as a stock in distress, has witnessed a surprising development. The National Stock Exchange (NSE) has revoked its earlier decision to exclude Vodafone Idea Ltd. from various Nifty indices, including Nifty 500 and Nifty Midcap 150. This change, is effective from September 30, 2024. The Committee has decided to revoke …

Block Deal Worth Rs 2249.8 Crore in Five Star Business Finance

Block Deal Worth Rs 2249.8 Crore in Five Star Business Finance

26 September 2024

Block Deal Details  Shares of Five Star Business Finance saw heightened activity in early trading on Thursday as a major block deal worth Rs 2249.8 crore was executed. In the transaction, 2.81 crore shares changed hands at a price of Rs 800.5 per share during the pre-opening trade. However, the identities of the buyers and …

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