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APL Apollo Tubes Achieves Record Sales Volume in Q1FY25

APL Apollo Tubes Achieves Record Sales Volume in Q1FY25

2 July 2024

APL Apollo Tubes Limited (APL Apollo), a global leader and the World’s largest branded structural steel tube company, has announced impressive sales volume performance for the first quarter of FY25 (Q1FY25). The company achieved a record-breaking sales volume of 7,21,064 tonnes in Q1FY25, surpassing the previous highs of 6,61,501 tonnes in Q1FY24 and 6,78,556 tonnes …

Power Finance Corporation Ltd’s Subsidiary Forms SPV for Transmission Project

Power Finance Corporation Ltd’s Subsidiary Forms SPV for Transmission Project

2 July 2024

Power Finance Corporation Limited (PFC) announced in a stock exchange filing that its wholly owned subsidiary, PFC Consulting Limited (PFCCL), has established a Special Purpose Vehicle (SPV) company named JAM KHAMBHALIYA LIMITED. This SPV is dedicated to developing the augmentation of Transformation Capacity Transmission at Jam Khambhaliya PS (GIS). PFC Consulting Limited, as a wholly …

Shalibhadra Finance Expands into Small-Ticket Housing Finance

Shalibhadra Finance Expands into Small-Ticket Housing Finance

2 July 2024

On July 1, 2024, Shalibhadra Finance Limited announced via a stock exchange filing the expansion of its product portfolio to include small-ticket housing finance. Shalibhadra Finance has been financing two-wheelers in rural areas for over two decades. With a strong network of over 50 branches across Maharashtra, Gujarat, Rajasthan and Madhya Pradesh, the company has …

Genus Power Solutions Acquires Maharashtra Akola Amravati Smart Metering

Genus Power Solutions Acquires Maharashtra Akola Amravati Smart Metering

2 July 2024

Genus Power Solutions Private Limited (GPSPL), a wholly owned subsidiary of Genus Power Infrastructures Limited, entered into a Share Purchase Agreement (SPA). GPSPL will purchase 30,000 equity shares, representing 30% of Maharashtra Akola Amravati Smart Metering Private Limited’s total share capital. Upon completing this share transfer, Maharashtra Akola Amravati Smart Metering Private Limited will become …

Share Market Pre Open Updates – July 02, 2024

Share Market Pre Open Updates – July 02, 2024

2 July 2024

On July 1, 2024, the Nifty 50 and Sensex rose by 0.55% and 0.56%, closing at 24,141 and 79,476 respectively.  Top Gainers and Losers Nifty Oil & Gas, Nifty Pharma, Nifty Healthcare Index, and Nifty MidSmall Healthcare showed gains. Meanwhile, Nifty PSU Bank and Nifty Realty declined. The top gainers were REC, Ambuja Cements, Samvardhana …

Protean eGov Technologies Launches eSignPro: Revolutionizing Digital Signatures

Protean eGov Technologies Launches eSignPro: Revolutionizing Digital Signatures

1 July 2024

On July 01, 2024, Protean eGov Technologies Limited, formerly NSDL eGovernance Infrastructure Limited and listed as PROTEAN on the BSE, launched eSignPro, a state-of-the-art digital signature and stamping product. Designed to be the most comprehensive offering in its field, eSignPro integrates electronic signing and stamping with a suite of smart documentation tools. Features and Benefits …

JSW Steel and JFE Steel Launch Pilot CPS Demo in Blast Furnace Operations

JSW Steel and JFE Steel Launch Pilot CPS Demo in Blast Furnace Operations

1 July 2024

JSW Steel Limited has announced the initiation of a pilot demonstration with JFE Steel Corporation to implement cloud-based Cyber-Physical System (CPS) technologies at its Vijayanagar Works. This innovative project aims to leverage data science in a cloud environment to optimise blast furnace operations and improve steel manufacturing efficiency. It marks the first instance of JFE …

Greaves Engineering Unveils Eco-Friendly Gensets with Cutting-Edge Performance

Greaves Engineering Unveils Eco-Friendly Gensets with Cutting-Edge Performance

1 July 2024

Greaves Engineering, a trusted leader in power generation for over 50 years, has launched a new range of CPCB IV+ compliant gensets. This innovative technology aligns with the latest standards set by the Central Pollution Control Board (CPCB) and addresses the growing demand for sustainable, high-performance power solutions. Significantly Reduced Emissions The CPCB IV+ gensets …

Awfis Space Solutions Gears Up for Growth with 50% Portfolio Expansion by FY25

Awfis Space Solutions Gears Up for Growth with 50% Portfolio Expansion by FY25

1 July 2024

Awfis Space Solutions, a leading provider of flexible workspace solutions in India, has set ambitious growth targets for the current fiscal year (FY25). The company aims to expand its portfolio by a substantial 50%, reaching a total of 1,35,000 operational seats by year-end. This significant expansion will be driven primarily by the managed office space …

Coal India Limited’s Production Grows 8% To 189.3 Mts In Q1, FY 2025

Coal India Limited’s Production Grows 8% To 189.3 Mts In Q1, FY 2025

1 July 2024

On July 01, 2024, Coal India Limited (CIL) announced that it had increased its coal production to 189.3 million tonnes (MTs) in the first quarter ending June FY 2025, which is 13.8 MTs more than the same quarter last year, showing nearly 8% growth. Last year’s production for the same period was 175.5 MTs. Meeting …

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