Stocks/Share Market - Angel One

The recent election result was a major shocker for the stock market. Expectations were high for a strong majority of the BJP government, especially after the exit poll results, and the market had already priced in the anticipation of a BJP-led government continuing their capex policy. However, the outcome was a coalition government, leading to …

On June 6, 2024, Aurionpro Solutions announced in an exchange filing that the company’s subsidiary Integro Technologies partnered with Yoma Bank in Myanmar. The collaboration is to revolutionise the bank’s SME lending operations. Integro Technologies is a high end, pioneering provider of Lending Platforms that will deploy its cutting-edge SmartLender Commercial Loan Origination solution for …

On June 5, 2024, Godrej Properties informed in a stock exchange filing that pursuant to the Share Purchase Agreement dated June 5 between Godrej Properties Limited (GPL), Godrej Fund Management And Investment Advisors Private Limited (GFMIAPL), and Godrej Green Homes Private Limited (GGHPL), GPL sold a 5% stake in the equity share capital of GGHPL …

On June 5, 2024, Titagarh Rail Systems Limited (TRSL) informed in an exchange filing about the opening of a new engineering centre in Bangalore, elevating its innovation and design journey. The company stated that the state-of-the-art facility will be dedicated to new product development for Train Control & Monitoring Systems (TCMS) and advanced Propulsion Systems, …

On June 6, 2024, Mphasis Limited announced that it had achieved the Specialised Pega Partner Distinction in the Americas for Insurance. As a key collaborator with Pega, a premier provider of enterprise AI decisions and workflow automation platforms, Mphasis leverages its deep expertise in Pega, particularly in the insurance sector. This allows them to develop …

On June 05, 2024, the Ministry of Defence (MoD) took a significant step towards enhancing accessibility for defence pensioners by signing Memoranda of Understanding (MoUs) with 4 leading banks. This strategic collaboration expands the reach of the SPARSH (System for Pension Administration Raksha) initiative by onboarding the Bank of India, Canara Bank, Central Bank of …

Torrent Pharmaceuticals Limited (Torrent), a leading player in the Indian pharmaceutical industry, announced a strategic move to match the growing burden of Gastroesophageal Reflux Disease (GERD) in the country. Torrent Pharmaceuticals has entered into a non-exclusive patent licensing agreement with Takeda Pharmaceuticals to commercialise Vonoprazan, a novel potassium-competitive acid blocker (P-CAB), in India. Torrent will …

Intellect Global Consumer Banking (iGCB), a leading provider of consumer banking unit of Intellect Design Arena Limited, unveiled its groundbreaking eMACH.ai Digital Engagement Platform (eMACH.ai DEP) at Money20/20 in Amsterdam. This innovative platform promises to revolutionise how banks in the region interact with their customers. eMACH.ai DEP goes beyond traditional engagement tools. It leverages AI …

The Indian Energy Exchange (IEX), India’s leading power-trading platform, announced impressive results for the month of May 2024. The exchange witnessed a surge in overall volume, reaching 10,633 Million Units (MU), reflecting a year-over-year (YoY) increase of 28.9%. Key Highlights Electricity Trading: Electricity volumes reached 9,568 MU in May 2024, representing a substantial 21% growth …

On June 5, 2024, Century Textiles & Industries Limited announced that it has partnered with Barmalt India Pvt Ltd to develop a group of luxury residential homes in Sector 31 of Gurugram through its wholly-owned subsidiary Birla Estates Pvt Ltd, the Aditya Birla Group’s real estate venture. The 13.27-acre land tract has approximately 2.4 million …