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Happiest Minds Technologies Ltd.: Poised for Technical Breakout amidst Market Surge

Happiest Minds Technologies Ltd.: Poised for Technical Breakout amidst Market Surge

12 June 2024

Company Overview Happiest Minds Technologies Ltd. engages in the provision of information technology (IT) services. It includes agile infrastructure, data management, digital transformation, managed infrastructure and safety, product engineering, IT security and web technologies. It operates through the following segments: Infrastructure Management & Security Services (IMSS), Digital Business Solutions (DBS), and Product Engineering Services (PES). …

Sprayking Stock is Poised for Growth with the Acquisition of High-tech Machinery

Sprayking Stock is Poised for Growth with the Acquisition of High-tech Machinery

12 June 2024

About the Investment Sprayking Limited (formerly Sprayking Agro Equipment Limited) is making a major push to boost production and enter new markets with the announcement of a significant investment in new machinery. The company, based in Jamnagar, India, has acquired high-tech machinery worth approximately Rs 10 million (around USD 121,000) that will significantly increase its …

SBI Launches SME Digital Business Loans Programme

SBI Launches SME Digital Business Loans Programme

12 June 2024

On June 12, 2024, the State Bank of India (SBI) launched a new SME digital business loans programme. The bank will use income tax and GST returns and bank statement data to assess the creditworthiness of micro, small, and medium enterprises (MSMEs) and sanction loans in 10 seconds after submitting the required details without human …

Shipping Corp of India Shares Surge over 8% on Fast Divestment Plans

Shipping Corp of India Shares Surge over 8% on Fast Divestment Plans

12 June 2024

The Shipping Corporation of India (SCI) is a public sector undertaking that operates and manages vessels servicing both national and international lines. It is under the ownership of the Government of India and is under the administrative control of the Ministry of Ports, Shipping and Waterways, and is headquartered in Mumbai. Shipping Corp Divestment It …

Dollar Industries Records Highest-Ever Revenue in 2023-24, Plans 50 New Outlets in South India by 2027

Dollar Industries Records Highest-Ever Revenue in 2023-24, Plans 50 New Outlets in South India by 2027

12 June 2024

Dollar Industries, in its recent regulatory filing to both stock exchanges, records its highest revenue in 2023-24. The notice issued on June 11 mentions the signing of South Indian superstar “Mahesh Babu” as a Brand ambassador for the growth and continued success of the company in the South. The actor has signed up for the …

Paradeep Phosphates Introduces India’s First Biogenic Nano Urea and Nano DAP

Paradeep Phosphates Introduces India’s First Biogenic Nano Urea and Nano DAP

12 June 2024

On June 12, 2024, Paradeep Phosphates Limited (PPL) informed in an exchange filing that the company is introducing India’s first biogenic Nano Urea and Nano Diammonium Phosphate (DAP) under the Jai Kisaan Navratna brand. Jai Kisaan Navratna Nano Shakti Nano Urea, with 8% Nitrogen, and Jai Kisaan Navratna Nano Shakti Nano DAP, with 6% Nitrogen …

Indegene Partners with IISc and Ignite for Scientific Discovery in India

Indegene Partners with IISc and Ignite for Scientific Discovery in India

12 June 2024

On June 12, 2024, Indegene Limited informed the stock exchanges that the company’s Section 8 not-for-profit foundation, Ignite Life Science Foundation (ILSF) and the Indian Institute of Science (IISc), partnered with Indegene to advance scientific discoveries in India. Professor G. Mugesh from IISc, Bengaluru, expressed excitement about collaborating with Indegene and Ignite and appreciated their …

NHPC Transfers 1 Cr Shares to Power Grid Corp, Reduces Stake in NHPTL

NHPC Transfers 1 Cr Shares to Power Grid Corp, Reduces Stake in NHPTL

12 June 2024

In a regulatory filing, the National Hydroelectric Power Corporation(NHPC), informed the exchange platforms about the completion of the sale of a partial stake in National High Power Test Laboratory Pvt. Ltd.(NHPTL) This happened based on the Board Meeting held on 10th June 2024, who approved the transfer of 1.31 Cr shares from NHPC to Power …

CRISIL Upgrades Inox Wind’s Credit Ratings

CRISIL Upgrades Inox Wind’s Credit Ratings

12 June 2024

On June 12, 2024, Inox Wind Limited (IWL), a prominent player in India’s wind energy sector, received a significant endorsement from CRISIL. The credit rating agency has recently upgraded both the long-term and short-term ratings of IWL’s banking facilities, reflecting a vote of confidence in the company’s financial health and operational efficiency. Specifically, CRISIL has …

HCLTech and Olympus Forge Strategic Partnership for Healthcare Innovation

HCLTech and Olympus Forge Strategic Partnership for Healthcare Innovation

12 June 2024

On June 12, 2024, HCLTech, a big tech company, and Olympus Corporation, a global MedTech company, decided to work together more closely. They want to use the latest technology to make healthcare better and cheaper for patients. HCLTech will use its engineering and research expertise and AI to help Olympus develop new products faster and …

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