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AGS Transact to Manage IOCL’s XtraPower Prepaid Card Platform

AGS Transact to Manage IOCL’s XtraPower Prepaid Card Platform

12 September 2024

On September 12, 2024, AGS Transact Technologies Limited announced the launch of its Prepaid Card Platform for ‘XtraPower’, the fuel and fleet management initiative by Indian Oil Corporation Limited (IOCL). This program, which is accepted at over 25,000 IOCL fuel retail outlets across India, processes fueling transactions exceeding ₹60,000 crore annually. AGS Transact Technologies will …

Kalpataru Projects International Ltd Wins Major Contracts Worth ₹2,774 Crore

Kalpataru Projects International Ltd Wins Major Contracts Worth ₹2,774 Crore

12 September 2024

On September 12, 2024, Kalpataru Projects International Limited (KPIL) announced in a stock exchange filing that the company had secured new orders/notification of awards of ₹2,774 crore. The new orders include significant contracts in several key areas: Transmission & Distribution (T&D): KPIL has won orders in international markets, expanding its reach and capabilities in the …

Paytm To Re-Apply for Payment Aggregator License

Paytm To Re-Apply for Payment Aggregator License

12 September 2024

Paytm is gearing up to re-submit its application for a payment aggregator (PA) license to the Reserve Bank of India (RBI). The company’s CEO, Vijay Shekhar Sharma, made this announcement during Thursday’s Annual General Meeting. The company’s renewed interest in the PA license comes after it secured government approval to invest in its payment services …

JSW Steel’s August Crude Steel Output Rises 1% YoY, Indian Operations Lead with 2% Growth

JSW Steel’s August Crude Steel Output Rises 1% YoY, Indian Operations Lead with 2% Growth

12 September 2024

JSW Steel reported that its total crude steel production for August 2024 was 23.16 lakh tonnes. The company has completed commissioning major facilities to increase capacity at BPSL from 3.5 MTPA to 4.5 MTPA, with production ramp-up expected by the third quarter of FY25.  In India, crude steel production rose by 2% year-on-year, with 91% …

Best ETFs in India in September 2024 – Based on 5yr CAGR

Best ETFs in India in September 2024 – Based on 5yr CAGR

12 September 2024

Kws: best etf in india, best etf funds, best etf funds in india Exchange-Traded Funds (ETFs) are investment funds traded on the stock exchanges, similar to individual stocks. These are designed to track the performance of a specific index, sector, commodity, or asset class, offering investors with diversified exposure to a wide range of securities. …

Nazara Technologies to Acquire 15.86% Stake in Esports Platform STAN

Nazara Technologies to Acquire 15.86% Stake in Esports Platform STAN

12 September 2024

Nazara Technologies Limited, through its wholly-owned subsidiary Nazara Dubai FZ, has announced the acquisition of a 15.86% stake in GetStan Technologies Pte. Ltd (STAN), a leading esports community platform in India. Nazara will acquire this stake for approximately ₹18.4 crore (US$2.2 million) in an all-cash secondary transaction. The company stated that STAN is a prominent …

Honasa Consumer Shares Slide Over 5% Post Major Block Deal: What’s Next for Mamaearth’s Parent?

Honasa Consumer Shares Slide Over 5% Post Major Block Deal: What’s Next for Mamaearth’s Parent?

12 September 2024

Shares of Honasa Consumer, the parent company of Mamaearth, experienced a sharp decline of over 5% on Thursday following a significant block deal that saw 10.9% of its outstanding equity change hands. The stock dipped below the crucial Rs 500 mark, raising investor concerns about the immediate future of this popular consumer brand. Key Highlights …

Best PSU Stocks in India in September 2024 – Based on 5Y CAGR

Best PSU Stocks in India in September 2024 – Based on 5Y CAGR

12 September 2024

Public Sector Undertakings (PSUs) have long been a cornerstone of many economies, playing a crucial role in sectors like energy, transportation, and utilities. For investors, PSU stocks offer a blend of stability, dividends, and potential for growth. In this article, we will explore the best PSU stocks in India in September 2024. Best PSU Stocks …

Route Mobile Promoter To Sell 6.03% Stake Via Offer For Sale

Route Mobile Promoter To Sell 6.03% Stake Via Offer For Sale

12 September 2024

Proximus Opal, the promoter of Route Mobile, has announced plans to sell up to 3.8 million equity shares, representing a 6.03% stake in the company, through an Offer for Sale (OFS). The two-day sale, set to take place on September 12 and 13, will be conducted via the Bombay Stock Exchange (BSE) as per an …

NBCC Signs MoU With MTNL For Rs 1,600-Crore Project

NBCC Signs MoU With MTNL For Rs 1,600-Crore Project

12 September 2024

One of India’s leading construction companies, NBCC India Limited, places a high priority on green building techniques and sustainable development. The company has worked on several nationally significant infrastructure and iconic building projects. NBCC has a reputation for completing high-quality projects on schedule and within budget thanks to its experience in project management, engineering, and …

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