Alphageo (India) Limited has landed a contract worth Rs.131.63 crore from Oil India Limited. The project involves acquiring 2D seismic data in the Ganga and Punjab Basin, to support oil and gas exploration in these regions. This contract is set to run until June 2026. For those unfamiliar, 2D seismic data acquisition is a technique …
The Indian Institute of Technology Bombay (IIT Bombay) has teamed up with ABB India to create a modern teaching lab for electrical machines and drives in the Department of Energy Science and Engineering. This collaboration aims to give undergraduate and postgraduate students hands-on experience with advanced industrial equipment, preparing them for careers in the rapidly …
On October 01, 2024, Birla Estates Private Limited, a subsidiary of Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited), announced that Birla Trimaya Phase II – The Park has sold nearly 95% of its units within just 24 hours of launching, generating around ₹600 crore in bookings. This follows the impressive performance …
Northern Arc Capital Limited has concluded its Initial Public Offering (IPO) and made its debut on the stock exchanges on September 24, 2024. The IPO raised a total of ₹777 crore, comprising ₹277 crore from an offer for sale and ₹500 crore from fresh equity capital. Earlier in April 2024, the company had already raised …
On October 1, 2024, TARC Limited (The Anant Raj Corporation) announced the refinancing of its existing debt along with a ₹250 crore additional working capital facility available on call. This strategic decision is backed by a successful fundraising effort involving a consortium of esteemed Indian banks and financial institutions, reflecting their confidence in TARC’s financial …
On October 1, 2024, Sun Pharmaceutical Industries Ltd (Sun Pharma) and Philogen S.p.A. announced a global licensing agreement to commercialise Philogen’s cancer immunotherapy product, Fibromun (L19TNF). Fibromun is currently being tested in clinical trials for treating soft tissue sarcoma and glioblastoma. Under the agreement, Sun Pharma will have exclusive global rights to market Fibromun, while …
On October 1, 2024, Zen Technologies Limited (Zen) announced that it has secured an Annual Maintenance Contract (AMC) valued at ₹46 crore (inclusive of 18% GST) with the Ministry of Defence. This 5-year agreement is designed to ensure the continuous maintenance of advanced simulators developed by Zen, reinforcing the company’s commitment to supporting India’s defence …
The drone market in India is expected to generate revenue of US$27.0 million in 2024, with a projected annual growth rate of 5.78% (CAGR 2024-2029). By 2029, the drone market volume in India is forecasted to reach 79.6 thousand units, with a 6.6% volume growth expected in 2025. A significant factor contributing to the market’s …
Public Sector Undertakings (PSUs) are an integral part of the Indian economy, representing government ownership in various industries ranging from oil and gas to banking and telecommunications. For investors looking to diversify their portfolios, PSU stocks can offer unique opportunities and benefits. In this article, we will explore the best PSU stocks in India in …
The promoters and management of Andhra Cements Limited have undergone multiple changes since its incorporation on December 9, 1936, under the Indian Companies Act 1913. Following its 1994 acquisition from BIFR, the business was formerly managed by M/s Duncan Agro Industries Ltd., also known as Duncan Industries Ltd. (DIL), which was overseen by Shri G.P. …
Enjoy ₹0 Account Opening Charges
Join our 2 Cr+ happy customers
