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AGS Transact to Manage Prepaid Card Platform for IOCL’s XtraPower Program

AGS Transact to Manage Prepaid Card Platform for IOCL’s XtraPower Program

10 September 2024

AGS Transact Technologies Limited, a leading provider of digital and cash-based payment solutions, announced on September 10, 2024, that it has launched and is now managing the Prepaid Card Platform for Indian Oil Corporation Limited’s (IOCL) ‘XtraPower’ fuel and fleet management program. IOCL is India’s largest public sector company. AGS Transact will earn around ₹58 …

EKI Energy Receives SMERA BEE Grade 3 Rating, Paving the Way for Growth in Energy Efficiency

EKI Energy Receives SMERA BEE Grade 3 Rating, Paving the Way for Growth in Energy Efficiency

10 September 2024

On September 10, 2024, EKI Energy Services Limited (EKI) received a Grade 3 rating from the Sustainable Management and Research Institute (SMERA) as an Energy Service Company (ESCO). This rating highlights EKI’s strong work in energy audits and energy-saving projects, showcasing its commitment to fighting climate change. As an ESCO, EKI offers solutions to improve …

Infosys and Proximus Partner to Drive Digital Innovation

Infosys and Proximus Partner to Drive Digital Innovation

10 September 2024

Infosys, a leading global technology services provider, and Proximus, Belgium’s largest telecommunications company, have announced a strategic partnership to accelerate digital transformation for businesses and consumers. The collaboration will leverage Proximus’s industry-leading communications and digital identity solutions, including Route Mobile’s CPaaS and Telesign’s DI, to enhance Infosys’ digital services. Together, they will focus on: Omnichannel …

ITI Limited Secures ₹300 Crore Solar Street Light Order, Expands EVM Business

ITI Limited Secures ₹300 Crore Solar Street Light Order, Expands EVM Business

10 September 2024

ITI Limited, the country’s first PSU established after independence and a leading telecom manufacturer, has secured an order worth around ₹300 crore from the Bihar Renewable Energy Development Authority (BREDA). This order is for the supply and installation of 1,00,000 solar street lights for the Bihar State Government. It adds to the 80,000 solar street …

Why are Pharma Stocks Rising?

Why are Pharma Stocks Rising?

10 September 2024

Pharma stocks continued their strong performance in August, marking the third month in a row of gains. The Nifty Pharma index climbed 6.61% in August, building on its 10.37% rise in July and 5% increase in June. Out of the 20 companies in the index, 16 ended August with positive results. Mankind Pharma led the …

Union Bank of India Joins PCAF to Strengthen Climate Risk Management

Union Bank of India Joins PCAF to Strengthen Climate Risk Management

10 September 2024

Union Bank of India has taken a significant step towards enhancing its climate risk management practices by becoming a signatory to the Partnership for Carbon Accounting Financials (PCAF). This move aligns with the increasing global focus on climate change and the recent guidelines issued by the Reserve Bank of India (RBI) on climate risk disclosures. …

Suzlon Energy Hits Upper Circuit After Block Deal

Suzlon Energy Hits Upper Circuit After Block Deal

10 September 2024

Shares of Suzlon Energy were abuzz on Tuesday, as they locked at the upper circuit, signaling strong market sentiment following a major block deal on the NSE. The stock opened at Rs 75.83, touched an intraday low of Rs 75.34, and was seen trading at the upper circuit limit of Rs 78.05 per share on …

Aarti Drugs Buyback worth Rs 60 crore to open on Sept. 11

Aarti Drugs Buyback worth Rs 60 crore to open on Sept. 11

10 September 2024

Founded in 1984, Aarti Pharmaceuticals Ltd. is a member of the Aarti Group of Industries, which is worth $900 million. The company has a robust research and development division at Tarapur, Maharashtra Industrial Development Corporation (MIDC), which is close to its manufacturing locations. The company produces active pharmaceutical ingredients (APIs), pharmaceutical intermediates, and chemicals. Formulas …

Premier Energies has received an order worth Rs 215 crore for solar water pumping systems

Premier Energies has received an order worth Rs 215 crore for solar water pumping systems

10 September 2024

Premier Energies is a manufacturing company that specializes in producing solar cells and solar modules. It was founded in 1995. Premier Energies, a leading innovator in photovoltaic products and solutions, is supported by GEF Capital, a private equity firm headquartered in Washington, DC. The state-of-the-art manufacturing facilities of Premier Energies span three distinct locations in …

Action Construction received an order for 99 forklifts from the Defence Ministry

Action Construction received an order for 99 forklifts from the Defence Ministry

10 September 2024

The Haryana-based Action Construction Equipment is a manufacturer and marketer of various equipment. Its products include crawler cranes, truck-mounted cranes, mobile tower cranes, hydraulic mobile cranes, material handling equipment like forklifts, road construction equipment like backhoe loaders, compactors, and motor graders, and agricultural equipment like tractors, harvesters, and rotavators. Action Construction Equipment Ltd. stock jumps …

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