RateGain Travel Technologies Limited (RateGain), a leading global provider of SaaS solutions for the travel and hospitality industry, announced today that TAAG Angola Airlines E.P., Africa’s premier airline with a rich history spanning 70 years, has selected AirGain, RateGain’s innovative airline revenue management product, to gain real-time competitive insights. This strategic partnership empowers TAAG Airlines …
Suzlon Energy shares will be in focus on September 05, 2024, as the leading Indian wind energy company announced the sale of its corporate office, “One Earth Property,” to OE Business Park Pvt. Ltd. The transaction was finalised at a total consideration of ₹440 crore. On September 05, 2024, Suzlon shares opened at ₹75.67 and …
In a significant announcement that could impact the strategies of auto companies like Maruti Suzuki, Toyota, and Honda, G20 Sherpa Amitabh Kant reaffirmed the government’s commitment to a substantial duty differential between electric vehicles (EVs) and hybrids. This policy aims to accelerate the adoption of zero-emission technologies and bolster India’s green mobility initiatives. Speaking at …
Adani Enterprises, the main company of the Adani group, has formed a subsidiary in Kenya as it pushes forward with plans to manage Jomo Kenyatta International Airport in Nairobi. The company, led by Gautam Adani, has created a fully-owned subsidiary in Kenya called Airports Infrastructure PLC (AIP), as mentioned in a statement filed by Adani …
On September 4, 2024, Fosfor, a part of LTIMindtree, a global company specialising in technology consulting and digital solutions, officially launched its Fosfor Decision Cloud, a platform integrated with Snowflake that combines modern data tools to improve decision-making and boost business results. To enhance its capabilities, the platform now includes Snowflake Partner Connect, Snowflake Technology …
On September 4, 2024, Lupin Limited, a global pharmaceutical company, announced the launch of its Mirabegron Extended-Release Tablets, 50 mg, in the United States. This product received approval from the U.S. Food and Drug Administration (U.S. FDA). The tablets are a generic version of Astellas Pharma’s Myrbetriq® Extended-Release Tablets, 50 mg. As of July 2024, …
On September 4, 2024, Satin Creditcare Network Limited (SCNL), a leading microfinance institution in India, successfully completed its first Pass-Through Certificate (PTC) transaction with HSBC India. The deal, worth ₹119.12 crore, was finalised with a coupon rate of 9.30%. Transaction Highlights Instrument: Series A1 PTCs Issue Date: August 30, 2024 Maturity Date: August 12, 2026 …
Apollo Hospitals Enterprise has announced the incorporation of Apollo 24/7 Insurance Services Limited, a wholly-owned subsidiary of Apollo Healthco Limited, which itself is a wholly-owned subsidiary of Apollo Hospitals Enterprise. This new entity was officially registered on September 3, 2024, and will function as a wholly owned step-down subsidiary of Apollo Hospitals Enterprise. Apollo 24/7 …
Massive Block Deal: Max Financial Services On September 5th, a major transaction took place in Max Financial Services (MFSL), with approximately 1.5 crore shares, representing 4.3% of the company’s equity, changing hands in a significant block deal. The deal, valued at Rs 1,637 crore, remains shrouded in mystery as the official buyers and sellers have …
PNB Housing Finance, backed by Punjab National Bank, offers retail customers housing and non-housing loans, including individual home loans, loan against property, non-resident property loan, among others. The company has recently announced that on September 9, 2024, the company’s Board of Directors will consider a plan to issue Non-Convertible Debentures (NCDs) worth up to Rs.2,500 …
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