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Century Textiles to Purchase Land from Hindalco in Kalwa, Thane, Issues Rs 400 Crore Corporate Guarantee

Century Textiles to Purchase Land from Hindalco in Kalwa, Thane, Issues Rs 400 Crore Corporate Guarantee

5 September 2024

Century Textiles and Industries Ltd has evolved significantly since its origins as a single-unit textile company in 1987. Over the years, it has transformed into a diversified conglomerate with a strong presence across multiple sectors. While the company remains a leader and trendsetter in the cotton textiles industry, it has also expanded its reach into …

Minda Corporation Partners with China’s Sanco to Expand EV Market Footprint

Minda Corporation Partners with China’s Sanco to Expand EV Market Footprint

5 September 2024

For more than 60 years, Spark Minda has been a significant force in the global automotive sector. As a leading manufacturer of automotive components, we supply OEMs and Tier-I suppliers. The group, which is estimated to be worth US $610 million and employs over 16,000 people, provides products to some of India’s top producers of …

Ola Electric Mobility Bounces Back: A Sharp Reversal After a Six-Day Slump

Ola Electric Mobility Bounces Back: A Sharp Reversal After a Six-Day Slump

5 September 2024

Shares of Ola Electric Mobility have staged a strong comeback, rising over 6% on September 5 after a six-day losing streak. The stock had previously shed around 14%, driven by sharp profit booking that followed a bullish run after its market debut. As of 1:52 pm, Ola Electric shares were trading at Rs 118 on …

Raymond Lifestyle’s Rollercoaster Debut: Soars High, Followed by 5% Lower Circuit Hit!

Raymond Lifestyle’s Rollercoaster Debut: Soars High, Followed by 5% Lower Circuit Hit!

5 September 2024

Raymond Lifestyle Ltd., the newly demerged retail and lifestyle division of Raymond Ltd., made an impressive debut on the stock market on Thursday, September 5, 2024. The stock listed at a striking 93.3% premium, opening at Rs 3,020 on the National Stock Exchange (NSE) and touching an intraday high of Rs 3,100. On the Bombay …

Adani Enterprises’ Maiden Bond Issue Oversubscribed On First Day

Adani Enterprises’ Maiden Bond Issue Oversubscribed On First Day

5 September 2024

The main office of the publicly traded Indian multinational Adani Enterprises Limited, a vital part of the Adani Group, is located in Ahmedabad. Mining and trading of coal and iron ore are among the company’s primary operations. Adani Enterprises’ inaugural issuance of non-convertible debentures (NCDs) garnered bids worth Rs. 716 crore on the first day, …

Sona BLW Fixes Floor Price at Rs 699.01 per Share for Rs.2,400 Crore QIP

Sona BLW Fixes Floor Price at Rs 699.01 per Share for Rs.2,400 Crore QIP

5 September 2024

Sona BLW Precision Forgings, a leading auto component manufacturer, has announced the floor price for its Qualified Institutions Placement (QIP) at Rs.699.01 per share, aiming to raise up to Rs.2,400 crore. This comes after approvals from the board on July 24, 2024,shareholders on August 30, 2024 and otherwise recently, allowing the company to expand its …

Radico Khaitan Unveils New Rampur Whiskies at London Show

Radico Khaitan Unveils New Rampur Whiskies at London Show

5 September 2024

On September 5, 2024, Radico Khaitan Limited, a major player in India’s IMFL industry, announced via a stock exchange filing that it will launch the next additions to its Rampur Jugalbandi series—Rampur Jugalbandi #5 and #6—at The Whisky Show in London, taking place from September 6 to 8, 2024. These new whiskies, crafted at Rampur …

Nazara Technologies and Telangana Government to Launch AI Center of Excellence

Nazara Technologies and Telangana Government to Launch AI Center of Excellence

5 September 2024

On September 5, 2024, Nazara Technologies Limited announced a significant partnership with the Government of Telangana through a Memorandum of Understanding (MoU). This collaboration will lead to the establishment of a groundbreaking AI Center of Excellence (AI CoE) in Telangana, marking a major milestone in the gaming and digital entertainment sectors. The AI CoE will …

Goldiam International Secures ₹70 Crore Export Orders For Diamond-Studded Gold Jewellery

Goldiam International Secures ₹70 Crore Export Orders For Diamond-Studded Gold Jewellery

5 September 2024

On September 5, 2024, Goldiam International Limited announced a significant milestone in its business operations. The company has secured purchase orders worth ₹70 crore from major retailers in the USA for diamond-studded gold jewellery. Notably, 80% of these orders are for lab-grown diamond jewellery, underscoring a growing market trend towards sustainable and innovative jewellery solutions. …

Meghna Infracon Bolsters Presence in Mumbai: Acquired Land in Goregaon

Meghna Infracon Bolsters Presence in Mumbai: Acquired Land in Goregaon

5 September 2024

Meghna Infracon Infrastructure Limited is pleased to announce the launch of its latest residential project, “Manju Villa,” situated in Goregaon (West). This project signifies our strategic entry into Mumbai’s luxury real estate market. Manju Villa will encompass approximately 30,000 square feet of construction area and is anticipated to generate revenue of around ₹370 million upon …

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