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Hindalco Industries To Invest Rs 2,450 Crore In Gujarat Copper Projects

Hindalco Industries To Invest Rs 2,450 Crore In Gujarat Copper Projects

18 September 2024

Having made a name for itself in the global copper and aluminum industries, Hindalco Industries Limited is a major force in both home and foreign markets. The company has managed to hold its position as a major player in the industry thanks to its dedication to innovation, sustainability, and customer satisfaction. Hindalco Industries Limited is …

Mankind Pharma Ltd. board to meet on Sept. 20 to consider fundraising

Mankind Pharma Ltd. board to meet on Sept. 20 to consider fundraising

18 September 2024

Mankind Pharma has grown its footprint internationally and established itself as a major force in the Indian pharmaceutical market. The company has a solid reputation among consumers and healthcare professionals because of its dedication to offering high-quality, reasonably priced healthcare products. Mankind Pharma has a broad range of products that address different medical requirements. The …

Jupiter Wagons to Invest ₹2,500 Crore in New Odisha Plant, Boosts Production Capacity

Jupiter Wagons to Invest ₹2,500 Crore in New Odisha Plant, Boosts Production Capacity

18 September 2024

On September 18, 2024, Jupiter Wagons Limited (JWL) revealed a ₹2,500 crore plan to build a new facility in Odisha for producing advanced forged wheelsets.  This new plant will boost the production capacity of JWL’s subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited (JTRFPL), from 20,000 forged wheelsets a year to 100,000 forged wheelsets annually. The …

Mamaearth’s Strategic Expansion With Offline Presence into the CSD Channel

Mamaearth’s Strategic Expansion With Offline Presence into the CSD Channel

18 September 2024

Mamaearth, a leading player in the world of toxin-free, natural personal care, has achieved a significant milestone with its entry into the Canteen Stores Department (CSD) under the Ministry of Defence. This strategic move not only expands the brand’s reach but also aligns with its core mission of making safe, effective products accessible to a …

Best FMCG Stocks in September 2024 Based on 5Y CAGR

Best FMCG Stocks in September 2024 Based on 5Y CAGR

18 September 2024

The FMCG sector in India has witnessed growth because of consumer-driven growth and higher product prices, especially for essential goods. During 2021-27, the total revenue of the FMCG market is likely to grow at a CAGR of 27.9%, reaching nearly US$615.87 billion. The Union government approved a new PLI scheme for the food processing sector, …

Inox Wind Secures 550 MW Wind Power Project, Boosts Order Book to 3.5 GW

Inox Wind Secures 550 MW Wind Power Project, Boosts Order Book to 3.5 GW

18 September 2024

On September 18, 2024, Inox Wind Limited (IWL), a leading wind energy company in India, received a Letter of Intent (LoI) from IGREL Renewables Ltd (IGREL) to develop 550 MW of wind power.  This project involves supplying, installing, and commissioning Wind Turbine Generators (WTGs) and providing multi-year operations and maintenance services after the installation. The …

Man Infraconstruction Delivered Its 19th Project Aaradhya Evoq Ahead of Time

Man Infraconstruction Delivered Its 19th Project Aaradhya Evoq Ahead of Time

18 September 2024

Man Infraconstruction Limited (MICL Group), a renowned name in the luxury residential real estate sector, has successfully completed its 19th real estate project (including phases), Aaradhya Evoq. This marks yet another milestone for MICL Group, as all their projects have been delivered ahead of schedule, reaffirming their commitment to timely execution and exceptional quality. With …

Vaibhav Global  Secured Rating Upgrade to CARE A+ From CARE Ratings

Vaibhav Global Secured Rating Upgrade to CARE A+ From CARE Ratings

18 September 2024

Vaibhav Global Limited (VGL) is delighted to announce that CARE Ratings Limited has upgraded its long-term bank facilities rating from “CARE A” to “CARE A+” with a stable outlook. This significant upgrade underscores the company’s robust financial position and positive outlook. The short-term rating has been reaffirmed at “CARE A1” with a stable outlook, reflecting …

SKF to Spin Off Automotive Business, Aiming for 2026 Nasdaq Listing

SKF to Spin Off Automotive Business, Aiming for 2026 Nasdaq Listing

18 September 2024

On September 17, 2024, SKF’s Board of Directors announced plans to spin off its Automotive business, aiming for a separate listing on Nasdaq Stockholm through a Lex Asea distribution to shareholders.  The goal is to complete this listing in the first half of 2026. This separation will allow SKF to focus more sharply on the …

Revolt Motors Unveils RV1: Game-Changing Electric Motorcycle for Commuters

Revolt Motors Unveils RV1: Game-Changing Electric Motorcycle for Commuters

18 September 2024

On September 17, 2024, Revolt Motors, the leading electric motorcycle company in India, is set to revolutionise the motorcycle industry with the launch of its new electric model, the Revolt RV1, designed for everyday commuting. In India, motorcycles dominate the two-wheeler market, making up 70% of all sales. Out of the 12.5 million motorcycles sold …

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