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Brigade Group To Strengthen Its Presence in Bangalore: Announced Project Worth ₹1,100 Crore

Brigade Group To Strengthen Its Presence in Bangalore: Announced Project Worth ₹1,100 Crore

4 July 2024

On July 03, 2024, Brigade Group, a leading Indian real estate developer, unveiled a new joint development project in West Bangalore’s coveted Tumkur Road area. This project adds to Brigade’s impressive portfolio and caters to the discerning tastes of modern urban homebuyers. Encompassing 8 acres of prime land, the project boasts a total development area …

Carysil Successfully Concludes Equity Issue, Raises ₹125 Crore

Carysil Successfully Concludes Equity Issue, Raises ₹125 Crore

4 July 2024

Carysil Limited, a leading manufacturer of kitchenware and homeware products, has announced the successful completion of its equity issue. This announcement follows a series of communications from Carysil, including their initial letter dated July 03, 2024, regarding the issue opening on July 01, 2024, and a subsequent letter on the same date confirming the closing …

Cello World Shares Zoomed Over 4% After Approval For Capital Raising Via QIP Committee

Cello World Shares Zoomed Over 4% After Approval For Capital Raising Via QIP Committee

4 July 2024

Cello World Limited, a leading Indian consumer goods company, has announced significant developments. The company received approval from its Qualified Institutions Placement (QIP) Committee to proceed with an equity issuance aimed at raising fresh capital. Equity Raise Through QIP On July 03, 2024, Cello World’s QIP Committee greenlit the opening of the issue. The committee …

Bajaj Finance AUM rises 31% YoY, new loans jump 10%

Bajaj Finance AUM rises 31% YoY, new loans jump 10%

4 July 2024

On July 3, 2024, Bajaj Finance reported a significant increase in new loans, customer base, and assets under management (AUM) in its first quarter (April-June) business update. In the first quarter, Bajaj Finance reported 109.7 lakh new loans, up from 99.4 lakh in the same period last year, showing a 10.4% year-on-year increase. This growth …

Hindustan Zinc Committed To Partner With India’s Auto Firms

Hindustan Zinc Committed To Partner With India’s Auto Firms

4 July 2024

On July 03, 2024, Vedanta Group firm Hindustan Zinc expressed its commitment to collaborate with Indian auto companies to “unlock zinc potential” and boost India’s mobility. When used in the automotive sector through galvanised steel, zinc significantly reduces fuel consumption and emissions. It offers high corrosion resistance to lightweight steel bodies, resulting in durable, long-lasting …

Bandhan Bank Releases Business Update for June Quarter

Bandhan Bank Releases Business Update for June Quarter

4 July 2024

Bandhan Bank Ltd. recently announced an update for the June quarter and reported a 21.8% YoY increase in loans and advances for the June quarter, reaching Rs.1,25,619 crore compared to Rs.1,03,169 crore in the same period last year which shows an increase in the bank’s lending capacity, aligning with the overall positive trends in the …

Mahindra & Mahindra Adopts ABB’s PixelPaint Technology for EV Paint Facility

Mahindra & Mahindra Adopts ABB’s PixelPaint Technology for EV Paint Facility

4 July 2024

Mahindra & Mahindra Ltd is one of the most diversified automobile companies in India with a presence across 2-wheelers, 3-wheelers, PVs, CVs, tractors & earthmovers. It also has a presence across financial services, auto components, hospitality, infrastructure, retail, logistics, steel trading and processing, IT businesses, agri, aerospace, consulting services, defence, energy, and industrial equipment through …

Indiabulls Real Estate Will Be Renamed Equinox India Developments From July 8

Indiabulls Real Estate Will Be Renamed Equinox India Developments From July 8

4 July 2024

Listed real estate developer Indiabulls Real Estate Limited has changed its name to Equinox India Developments Limited with effect from June 20, the company said in a regulatory filing. The rebranding to Equinox India Developments Limited signifies a new chapter for the company, reflecting its commitment to innovation, sustainability, and excellence in the real estate …

Top 5 Stocks of Nifty 50 with High Dividend Yield

Top 5 Stocks of Nifty 50 with High Dividend Yield

4 July 2024

Investing in dividend-paying stocks is one of the popular investment strategies among investors who wish to have an additional source of steady income. This strategy is good because it helps in two ways: one through dividends and the other through capital appreciation of share prices. This approach is particularly suitable for investors who are retired. …

Share Market Pre Open Updates – July 04, 2024

Share Market Pre Open Updates – July 04, 2024

3 July 2024

On July 3, 2024, the Nifty 50 and Sensex rose by 0.67% and 0.69%, respectively, closing at 24,286 and 79,986. Both benchmark indices reached record highs, driven by strong gains in Bank and Metal stocks. Top Gainers and Losers Nifty Private Bank, Nifty Financial Services 25/50, Nifty Financial Services, Nifty Bank, and Nifty Metal showed …

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