Incorporated in 1992, Lemon Tree Hotels Ltd. is a mid-cap company in the tourism and hospitality industry with a market capitalization of Rs. 9,033.99 crore. The primary revenue streams for Lemon Tree Hotels Ltd. for the fiscal year that ends on March 31, 2023, are revenue from rooms, restaurants, and other services. The main operations …
On May 22, 1992, in Ahmedabad, our company was first incorporated as “Zodiac Genset Private Limited” in accordance with the Companies Act, 1956. The Registrar of Companies, Gujarat, Dadra, and Nagar Haveli, Ahmedabad, issued the Certificate of Incorporation. After our company changed its name to “Zodiac Energy Private Limited” on April 30, 2007, the Registrar …
HDFC Bank has officially announced that it’s letting go of its entire stake in HDFC Education and Development Services Pvt. Ltd (HDFC Edu). The deal, valued at Rs.192 crore, has been sealed with Vama Sundari Investments (Delhi) Private Limited in an all-cash transaction at Rs.9.60 per share. It’s all part of HDFC Bank’s plan to …
Ola Electric’s Stock Struggles After Government Notice On Tuesday, Ola Electric’s stock opened more than 5% lower, reacting to a show-cause notice issued by the central government on Monday. This followed thousands of customer complaints regarding the poor quality of its scooters. Despite this sharp drop, the stock regained some ground and was trading down …
Kalpataru Projects International (KPIL) is a leading specialized Engineering, Procurement, and Construction (EPC) company with diverse business verticals, including Power Transmission & Distribution, Buildings & Factories, Railways, and more. KPIL has established its dominance with projects across 30+ countries, building a strong international presence in over 70 countries. Recent Developments and New Orders KPIL has …
Biocon Limited, through its subsidiary Biocon Biologics Limited, has recently published the findings of a comprehensive study aimed at enhancing the adoption of biosimilars in low- and middle-income countries (LMICs). This initiative is particularly vital as LMICs face significant challenges in accessing affordable healthcare solutions, exacerbated by constrained healthcare resources and rising non-communicable diseases (NCDs) …
On October 8, 2024, SpiceJet Limited announced a major fleet expansion initiative aimed at enhancing its growth strategy. The airline is set to induct ten aircraft by the end of November, which includes the leasing of seven new planes and the reintroduction of three previously grounded aircraft. This expansion marks a significant step in SpiceJet’s …
On October 8, 2024, RateGain Travel Technologies Limited announced the extension of its partnership with FlyArystan, Kazakhstan’s premier low-cost airline and a subsidiary of the Air Astana group. This renewed collaboration aims to leverage AirGain, RateGain’s innovative pricing solution for airlines, to provide FlyArystan with real-time competitive insights, further strengthening its commitment to delivering affordable …
The International Finance Corporation (IFC), which is part of the World Bank Group and focuses on private sector lending, has partnered with Axis Bank to provide a loan of $500 million (around ₹4,200 crore) aimed at developing a blue finance market and increasing funding for green projects in India. This marks the IFC’s first blue …
Ashok Leyland, the flagship company of the Hinduja Group, announced on October 07, 2024, that it plans to launch its first hydrogen-powered truck within the next 18-24 months. Earlier, in February, Ashok Leyland and Reliance Industries (RIL) introduced India’s first heavy-duty truck powered by a hydrogen internal combustion engine (H2-ICE). The company also mentioned that …
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