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Godrej Properties Acquires 90 Acres of Land Parcel to Develop Residential Project

Godrej Properties Acquires 90 Acres of Land Parcel to Develop Residential Project

12 August 2024

Godrej Properties Limited, a prominent real estate developer in India, has announced the acquisition of a significant 90-acre land parcel in Khalapur, Raigad, Maharashtra. This strategic acquisition positions the company to develop approximately 1.7 million square feet of saleable area, primarily residential plotted development. Located near Karjat Khopoli Road, Khalapur offers a picturesque setting with …

Voltas Reports 46% Revenue Increase and 123% Profit Surge for Q1 FY25

Voltas Reports 46% Revenue Increase and 123% Profit Surge for Q1 FY25

12 August 2024

On August 12, 2024, Voltas Limited announced its Consolidated Financial Results for the quarter ending June 30, 2024, showcasing impressive growth across its segments. The company reported a remarkable 46% increase in consolidated Total Income in Q1 FY 2025, reaching ₹5,001 crore compared to ₹3,430 crores in the same quarter of the previous year. This …

ONGC Receives Government Approval for Significant Investment in OPaL

ONGC Receives Government Approval for Significant Investment in OPaL

12 August 2024

The Government of India has approved Oil and Natural Gas Corporation Limited (ONGC) ‘s investment in ONGC Petro Additions Limited (OPaL). This strategic move will strengthen ONGC’s presence in the petrochemical sector and provide OPaL with the necessary capital for growth. The government has sanctioned an additional equity capital infusion of ₹10,501 crore into OPaL. …

Morepen Laboratories Reports Strong Q1 FY25 Performance

Morepen Laboratories Reports Strong Q1 FY25 Performance

12 August 2024

Key Highlights Successful completion of a ₹200 crore QIP Strong growth in the medical devices business Expansion of manufacturing capabilities Increased focus on exports and high-yielding markets Robust distribution network Morepen Laboratories Limited, a prominent player in the medical devices and pharmaceutical sectors, has announced impressive financial results for the first quarter of FY2025. The …

Tata Motors Forecasts Domestic Demand Recovery Amidst Global Challenges

Tata Motors Forecasts Domestic Demand Recovery Amidst Global Challenges

12 August 2024

Tata Motors remains optimistic about the domestic automotive market, anticipating a gradual rebound driven by factors such as government infrastructure investments, favourable monsoons, and new product launches. While global demand is expected to remain subdued, the company is confident in its ability to navigate challenges and deliver strong financial performance. Key Highlights from Tata Motors’ …

Atul Bioscience Receives FDA Approval for Ambernath Facility

Atul Bioscience Receives FDA Approval for Ambernath Facility

12 August 2024

Atul Limited has achieved a significant milestone with the receipt of an Establishment Inspection Report (EIR) from the United States Food and Drug Administration (FDA) for its Ambernath, Maharashtra-based manufacturing facility. This positive outcome follows a successful inspection conducted from May 6 to May 10, 2024, which resulted in zero FDA 483 observations. Atul Bioscience, …

Brightcom Group Expands Global Footprint with Trenova Corporation

Brightcom Group Expands Global Footprint with Trenova Corporation

12 August 2024

Brightcom Groupis excited to announce a significant expansion of its operations into Europe, the Middle East, Africa (EMEA), and Asia-Pacific (APAC). This strategic move aligns with the company’s vision of becoming a global leader in digital marketing and media. To drive this expansion, Brightcom Group is establishing new entities under the Trenova Corporation brand in …

Godrej Properties to Launch ₹21,000 Crore Worth of Housing Projects by March

Godrej Properties to Launch ₹21,000 Crore Worth of Housing Projects by March

12 August 2024

Godrej Properties plans to launch residential projects worth ₹21,000 crore by March in key cities to tap into strong consumer demand. Executive Chairperson Pirojsha Godrej shared in an interview that the company is confident of achieving its goal of ₹27,000 crore in sales bookings for this fiscal year. Last fiscal year, Godrej Properties’ sales bookings …

Amara Raja Partners with Piaggio for LFP Li-Ion Cells and Chargers

Amara Raja Partners with Piaggio for LFP Li-Ion Cells and Chargers

12 August 2024

Amara Raja Energy & Mobility Limited (ARE&M) has announced several significant developments in its efforts to advance the electric vehicle (EV) and energy storage sectors. The company’s wholly-owned subsidiary, Amara Raja Advanced Cell Technologies Private Limited (ARACT), has signed a Memorandum of Understanding (MoU) with Piaggio Vehicles Private Limited, the 100% Indian subsidiary of the …

EMS Ltd to Acquire 75% Stake in Brijbihari Pulp and Paper Pvt Ltd

EMS Ltd to Acquire 75% Stake in Brijbihari Pulp and Paper Pvt Ltd

12 August 2024

EMS Ltd has announced a significant development in its strategic expansion plans. In a recent stock exchange filing, the company revealed that its board of directors has approved the acquisition of a 75% stake in M/s Brijbihari Pulp and Paper Private Limited. This acquisition involves the purchase of 7,500 equity shares of the target company. …

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