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63 Moons Technologies Ltd Announces Strategic Transformation With Key Initiatives

63 Moons Technologies Ltd Announces Strategic Transformation With Key Initiatives

28 May 2024

On May 28, 2024, 63 Moons Technologies Ltd informed the stock exchanges about 63 Moons Group’s strategic transformation with key initiatives. The company stated that these aim to reinforce their long-term vision and improve stakeholder value. 63 Moons Group is radically transforming from a traditional fintech company to a leading-edge technological enterprise. This evolution focuses …

VA Tech Wabag Wins ₹850 Million O&M Deal for Desalination Plant in Oman

VA Tech Wabag Wins ₹850 Million O&M Deal for Desalination Plant in Oman

28 May 2024

On May 28, 2024, VA Tech Wabag Limited informed in a stock exchange filing that the company had received an order from Nama Water Services in the Sultanate of Oman. The order is worth around ₹850 million, and it is towards the Operation & Maintenance (O&M) of the Al Duqm Desalination Plant for a period …

Divi’s Laboratories Breaks Out from Cup and Handle Pattern

Divi’s Laboratories Breaks Out from Cup and Handle Pattern

28 May 2024

On Tuesday, Indian markets are seen trading choppy with Nifty and Sensex trading with modest losses. Talking about the sectoral indices, most of the sectoral indices are trading in red barring Nifty Pharma (+0.40%) and Nifty Metal (0.01%). Divi’s Laboratories Top Gainer: On Tuesday, the shares of Divi’s Laboratories gained 2.72% and it has hit …

Wipro and Centre for Brain Research Partnered to Develop AI-powered Healthcare Engine

Wipro and Centre for Brain Research Partnered to Develop AI-powered Healthcare Engine

28 May 2024

Wipro Limited, a leading information technology services company, and the Centre for Brain Research (CBR), a premier research institute hosted by the Indian Institute of Science (IISc), announced a groundbreaking collaboration. This partnership aims to leverage the power of Artificial Intelligence (AI) to revolutionise preventative healthcare and chronic disease management. Leveraging AI for Precision Health …

Poonawalla Fincorp and IndusInd Bank Launch a New Co-Branded Credit Card

Poonawalla Fincorp and IndusInd Bank Launch a New Co-Branded Credit Card

28 May 2024

On May 28, 2024, Poonawalla Fincorp Limited informed in a stock exchange filing that the company has collaborated with IndusInd Bank and launched the co-branded ‘IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card’ today. This card is designed to redefine and elevate customers’ banking experience. The company stated that this co-branded credit card launch …

Ultratech Cement Poised for Global Expansion in White Cement: Makes Strategic Investment in UAE

Ultratech Cement Poised for Global Expansion in White Cement: Makes Strategic Investment in UAE

28 May 2024

Ultratech Cement Limited, a leading Indian cement manufacturer, announced a strategic expansion move through its wholly-owned subsidiary, UltraTech Cement Middle East Investments Limited (UCMEIL). UCMEIL is poised to acquire a significant stake in Ras al Khaimah Co. for White Cement and Construction Materials PSC (RAKWCT), a prominent company listed on the Abu Dhabi Stock Exchange. …

Radico Khaitan’s Morpheus Brandy Sold 1 Million Cases for 2 Years Straight

Radico Khaitan’s Morpheus Brandy Sold 1 Million Cases for 2 Years Straight

28 May 2024

Radico Khaitan Limited celebrates a remarkable milestone. Morpheus Brandy, named after the Greek God of Dreams, has sold over 1 million cases in record-breaking two consecutive years. This achievement bolsters Morpheus’ position as the undisputed leader in the Indian premium brandy segment, making it the first brand to reach this coveted landmark. Fueled by the …

Praveg Ltd to Increase Presence in Advertising Industry: Signed Agreement for Acquisition

Praveg Ltd to Increase Presence in Advertising Industry: Signed Agreement for Acquisition

28 May 2024

Praveg Ltd, a company focused on providing services to the Hospitality sector, announced a strategic move to bolster its presence in the advertising sector. The Board of Directors has approved the execution of a Share Purchase and Share Subscription Agreement for the acquisition of a 51% majority stake in Abhik Advertising Private Limited and Bidhan …

Cochin Shipyard Secures €60 Million Deal to Build Hybrid SOVs for North Star Shipping

Cochin Shipyard Secures €60 Million Deal to Build Hybrid SOVs for North Star Shipping

28 May 2024

Cochin Shipyard Ltd (CSL) is the largest shipbuilding and maintenance facility in India. The services provided by the shipyard are building platform supply vessels and double-hulled oil tankers. The shipyard has begged orders worth €60 Million of hybrid SOVs from a UK-based offshore renewable operator. The shares of Cochin Shipyard are up by more than …

ZF Commercial Vehicle Strengthened Business: Signed MoU with IITM

ZF Commercial Vehicle Strengthened Business: Signed MoU with IITM

28 May 2024

On May 27, 2024, ZF Commercial Vehicle Control Systems India Limited signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology, Madras (IITM), with the objective of building the Bharat Multi-Modal Mobility Stack (BM3S). The MoU focuses on ‘Mobility and Intelligent Transportation’ (MInT). The company further added that the BM3S is a game-changing …

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