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LTIMindtree strengthens a pact with UK retailer Currys

LTIMindtree strengthens a pact with UK retailer Currys

30 September 2024

LTIMindtree, according to the recent reports, has taken its partnership with UK tech retailer Currys to the next level, helping the retailer transform how it serves customers both online and in-store. Since teaming up in 2021, the duo has revamped Currys’ omnichannel experience, which earned them the Salesforce Partner Innovation Award at Dreamforce 2024 in …

Coal India Introduces Uniform Interest Rates for Delayed Payments

Coal India Introduces Uniform Interest Rates for Delayed Payments

30 September 2024

On September 30, 2024, Coal India Limited (CIL) announced a significant policy change that will benefit its customers by implementing uniform interest rates on delayed payments. Effective October 1, 2024, CIL will apply a standardised interest rate on all outstanding receivables, adjustments, and recoverable sums that remain unpaid after the due date. Previously, interest rates …

Best Green Energy Stocks in India in October 2024 – 5yr CAGR Basis

Best Green Energy Stocks in India in October 2024 – 5yr CAGR Basis

30 September 2024

India is set to see a big jump in its energy needs over the next few years because of its large population and the chance to grow and develop more. India plans to use more green, renewable energy to handle this increase in a way that’s good for the planet. The country aims to have …

IDFC and IDFC First Bank Merger Effective October 1: What Will Happen To Your Shareholding?

IDFC and IDFC First Bank Merger Effective October 1: What Will Happen To Your Shareholding?

30 September 2024

IDFC Limited has announced plans to merge its subsidiaries, effective October 1, 2024. The move aims to streamline operations and reduce regulatory burdens. The Board of Directors has approved the amalgamation of IDFC Financial Holding Company Limited (IDFC FHCL) with IDFC Limited, followed by the merger of IDFC Limited with IDFC FIRST Bank Limited. This …

REC Raises $500 Million to Finance Green Initiatives

REC Raises $500 Million to Finance Green Initiatives

30 September 2024

State-owned REC Ltd has successfully raised $500 million through a green dollar bond issuance, a significant step towards supporting various renewable energy projects in India. The 5-year note, with a coupon rate of 4.75%, is set to mature on September 27, 2029. This marks the first US dollar bond issuance by an Indian public sector …

Highest Dividend Paying Stocks in October 2024 Based on Dividend Yield

Highest Dividend Paying Stocks in October 2024 Based on Dividend Yield

30 September 2024

Investing in dividend-paying stocks can be a great way to generate passive income while benefiting from capital appreciation. In India, several companies consistently reward their shareholders with attractive dividends. In this blog, we will look at the Highest Dividend-paying stocks in October 2024 based on dividend yield. Highest Dividend Paying Stocks in October 2024 – …

Best Battery Stocks in October 2024 – Based on 5yr CAGR

Best Battery Stocks in October 2024 – Based on 5yr CAGR

30 September 2024

The battery market in India is flourishing, driven by government initiatives promoting electric vehicles, increasing demand for energy storage systems powered by renewable energy, and the growing use of consumer electronics. This growth is further propelled by rising environmental consciousness, urbanisation, and technological advancements. The Indian battery market is projected to grow at a CAGR …

Marsons Limited to Expand into the Renewable Energy Sector with Solar and Wind Focus

Marsons Limited to Expand into the Renewable Energy Sector with Solar and Wind Focus

30 September 2024

Marsons Limited announced that the company is entering into the renewable energy sector. The company was historically focused on the Transmission and Distribution (T&D) Transformer segment and has announced its strategic entry into the renewable energy sector.  The company stated that this move is part of its broader effort to diversify its portfolio and strengthen …

Interarch Building Products Ltd Expands Footprint with ₹7 Crore Land Acquisition in Gujarat

Interarch Building Products Ltd Expands Footprint with ₹7 Crore Land Acquisition in Gujarat

30 September 2024

On September 30, 2024, Interarch Building Products Limited informed the stock exchanges about the acquisition of 51,926 square metres of land in Gujarat for an investment of ₹7 crore. This strategic move is aimed at expanding the company’s national footprint and meeting the growing demand for high-quality pre-engineered buildings in India. The newly acquired land …

Gulf Oil International Reduces Stake in India Subsidiary

Gulf Oil International Reduces Stake in India Subsidiary

30 September 2024

On September 30, 2024, Gulf Oil Lubricants India Ltd announced via a stock exchange filing that Gulf Oil International (Mauritius) Inc. sold 2.2 million equity shares, which accounts for 4.47% of the total shares of Gulf Oil Lubricants India Limited.  This move aims to improve the free float and liquidity in the secondary market. The …

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