On September 24, 2024, Sterling and Wilson Renewable Energy Limited announced the receipt of two significant domestic orders from Private Independent Power Producers (IPPs), collectively valued at approximately ₹512 crore. The first order involves the Engineering, Procurement, and Construction (EPC) of a 200 MW AC/250 MWp DC photovoltaic (PV) plant for a solar project in …
RattanIndia Enterprises Limited announced the successful launch of its electric mobility arm, Revolt Motors’ new RV1 and RV1+ electric motorcycles. These models have garnered over 16,000 bookings within the first week, showcasing the high demand and excitement surrounding India’s first commuter electric motorcycle. The RV1 was officially launched on 17th September 2024 by Hon’ble Nitin …
Coal India Limited (CIL) informed the exchanges that it has entered into a Joint Venture Agreement (JVA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL). The collaboration aims to set up a 2×800 MW Brownfield Thermal Power Project at RRVUNL’s existing Kalisindh Thermal Power Station in Rajasthan, while also exploring other thermal power-related projects, including …
Easy Trip Planners Limited, in collaboration with Bank of Baroda, has introduced the Bank of Baroda EaseMyTrip Co-branded Travel Debit Card, aimed at frequent travellers and lifestyle enthusiasts. This is the first co-branded travel debit card launched by a public sector bank, offering a host of attractive benefits. Cardholders can enjoy exclusive discounts on travel …
India’s largest oil and gas bid round, OALP-IX, attracted limited participation, with 4 bidders, including state-owned ONGC and OIL, and private players Reliance and Vedanta Ltd, dominated the round. The Directorate General of Hydrocarbons (DGH) reported that most of the 28 blocks on offer received just two bids. Notably, Reliance Industries Ltd, in partnership with …
Reliance Power has secured approval to raise up to ₹1,524.60 crore through a preferential allotment of equity shares. The shares will be issued at ₹33 per share, representing a 13% discount to the company’s last closing price. This capital infusion will significantly enhance Reliance Power’s net worth, boosting it from ₹11,155 crore to over ₹12,680 …
On September 23, 2024, Bharti Airtel, a leading telecom company in India, announced that it has significantly boosted its network infrastructure across Gujarat. Over the past 7 months, Airtel has installed more than 1,700 new cellular towers in the state, averaging over 8 towers per day. This expansion aims to provide residents and businesses with …
On September 23, 2024, Firstsource Solutions Limited, a global provider of specialised Business Process Services (BPS) and part of the RP-Sanjiv Goenka Group, announced its acquisition of Ascensos. Ascensos is a UK-based company specializing in customer experience outsourcing for retail and eCommerce sectors. Dr Sanjiv Goenka, Chairman of RPSG Group and Firstsource, commented, “This acquisition …
The logistics industry is essential to India’s dynamic economy, facilitating the efficient movement of goods and services across its vast territory. According to a report released at the LogiMAT India logistics fair, the Indian freight and logistics market is projected to grow at an annual rate of 8.8%, reaching USD 484.43 billion by 2029, up …
Multibagger stocks can multiply your initial investment several times over a certain period. However, finding these high-potential stocks requires a solid understanding of company fundamentals, industry trends, and the quality of management. In this article, let’s look at some of the best multibagger stocks for September 2024 based on the 5-year CAGR. What are Multibagger …
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