Responsive Industries Rides India’s Infrastructure Wave Responsive Industries Ltd., a global leader in PVC products, is set to benefit from the Government of India’s latest infrastructure initiative. The Ministry of Road Transport & Highways (MoRTH) recently announced the development of 75 tunnel projects across the country, with an investment of Rs 1 lakh crore. This …
Introduction In a remarkable trading session, shares of IIFL Finance surged by over 9%, hitting a fresh six-month high. What caught the market’s attention even more was the record-breaking single-day volume, the highest seen in over a decade. This unprecedented rise follows the recent lifting of restrictions on the company’s gold loan business by the …
Introduction In a strategic move aimed at fueling growth in its core verticals, IndoStar Capital Finance Limited has announced the sale of its subsidiary, IndoStar Home Finance Private Limited (IHFPL), to WITKOPEEND B.V., an affiliate of BPEA EQT Mid-Market Growth Partnership. The deal, valued at INR 1,750 crore on a fully diluted basis, is expected …
Sellwin Traders Ltd Inks $2 Million MoU for Blockchain Platform Sellwin Traders Ltd has signed a Memorandum of Understanding (MoU) with Secorbit FZCO, UAE, to develop a blockchain-based tokenization platform. This $2 million project will focus on enabling the tokenization of assets such as equities, bonds, and real-world assets. With an emphasis on security, scalability, …
On September 19, 2024, Persistent Systems, a leader in Digital Engineering and Enterprise Modernisation, was named the fastest-growing IT services brand in the 2024 Brand Finance India 100 report. Persistent is ranked 9th among the top IT services brands, with a brand value of $609 million and a brand strength score of 72.39 out of …
The hospitality of Lemon Tree Hotels is a vibrant tapestry woven into the fabric of India, providing a welcome combination of coziness throughout its wide range of properties. This dynamic company has an impressive collection of 9,700 rooms spread across 64 bustling cities in India, with a vibrant portfolio of 100 hotels. Every property invites …
Their specialty paper company, “Pudumjee,” was founded on the fundamental idea of creating value. To satisfy customers’ strict and demanding specifications for the packaging of food and oily products, the company began by manufacturing high-quality papers. Pudumjee Group has remained true to its founding principles and dedication to its clients ever since. Over the years, …
Introduction: A New Chapter for Lokesh Machines Lokesh Machines Limited, a Hyderabad-based manufacturing company, has recently been granted a prestigious license from the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India. This license allows the company to manufacture fixed and towed heavy machine guns with calibers ranging from 12.7mm to 30mm, …
Power Mech Project Receives Contract From Vedanta’s Subsidiary Hyderabad-based engineering and construction company, Power Mech Projects Limited (PMPL), has recently secured a significant contract worth Rs 865 crore. The contract entails the operation and maintenance (O&M) of a 3X660 MW supercritical thermal power plant, owned by Talwandi Sabo Power Limited, a subsidiary of Vedanta Limited. …
On September 19, 2024, Airtel Business, the B2B division of Bharti Airtel, and Cisco, a global leader in networking and security, introduced the Airtel Software-Defined (SD) Branch. This new solution offers a simple, secure, and cloud-based network management system for businesses. Powered by Cisco Meraki’s cloud-first technology, Airtel SD-Branch allows companies to manage their entire …
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