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Club Mahindra Assumes Management Control of  Golden Landmark Resort

Club Mahindra Assumes Management Control of Golden Landmark Resort

25 September 2024

Club Mahindra, the flagship brand of Mahindra Holidays & Resorts India Limited, has expanded its presence in the historic city of Mysuru, Karnataka. The company has taken over the complete management of the Club Mahindra Golden Landmark resort, offering members a luxurious escape amidst the city’s rich cultural heritage. Located amidst lush greenery, Club Mahindra …

Delta Corp Unveils Demerger: New Beginnings for Hospitality and Real Estate

Delta Corp Unveils Demerger: New Beginnings for Hospitality and Real Estate

25 September 2024

On September 24, 2024, Delta Corp’s Board of Directors approved the demerger of its Hospitality and Real Estate business through a Composite Scheme of Arrangement under Sections 230–232 and Section 66 of the Companies Act, 2013.  This plan will separate the hospitality and real estate business into Delta Penland Private Limited (DPPL), the newly formed …

Hindustan Foods to Enhance Production by Merging Nashik Plant

Hindustan Foods to Enhance Production by Merging Nashik Plant

25 September 2024

Hindustan Foods Limited (HFL) has announced plans to merge a promoter-owned entity, Avalon Cosmetics Private Limited (ACPL), as part of its expansion strategy to grow its manufacturing capabilities in Nashik, Maharashtra.  ACPL, which was acquired from Smith & Nephew Private Limited in 2007-08, operates a food manufacturing facility in Sinnar MIDC, Nashik. The facility spans …

Best Logistics Stocks in India – September 2024 – 5yr CAGR Basis

Best Logistics Stocks in India – September 2024 – 5yr CAGR Basis

23 September 2024

The logistics industry is essential to India’s dynamic economy, facilitating the efficient movement of goods and services across its vast territory. According to a report released at the LogiMAT India logistics fair, the Indian freight and logistics market is projected to grow at an annual rate of 8.8%, reaching USD 484.43 billion by 2029, up …

Best Multibagger Stocks in September 2024 – 5yr CAGR Basis

Best Multibagger Stocks in September 2024 – 5yr CAGR Basis

23 September 2024

Multibagger stocks can multiply your initial investment several times over a certain period. However, finding these high-potential stocks requires a solid understanding of company fundamentals, industry trends, and the quality of management. In this article, let’s look at some of the best multibagger stocks for September 2024 based on the 5-year CAGR. What are Multibagger …

BHEL received an order worth Rs 6,100 crore from NTPC

BHEL received an order worth Rs 6,100 crore from NTPC

23 September 2024

In India, Bharat Heavy Electricals Limited is the biggest state-owned company in the electrical and industrial technology sector. It is a central public sector enterprise. The Ministry of Heavy Industries serves as the administrative representative of the Indian government, which owns it. BHEL holds the top position in the Indian power equipment industry, having installed …

KEC International bags orders worth Rs 1,003 crore.

KEC International bags orders worth Rs 1,003 crore.

23 September 2024

KEC International Limited is a multinational corporation that operates globally and is the second-largest producer of electric power transmission towers in India. Focusing on engineering, construction, procurement, and power transmission, it is also among the largest companies globally. KEC International Ltd. has a substantial order book of Rs 42,000 crore, with 51% of its business …

Sahaj Solar Wins Major Rs 19.99 Crore Contract for Solar-Powered Water Pumps in Maharashtra

Sahaj Solar Wins Major Rs 19.99 Crore Contract for Solar-Powered Water Pumps in Maharashtra

23 September 2024

Introduction Sahaj Solar Ltd. is a key player in the solar energy industry, committed to harnessing green energy through simple and effective means. The company was founded with a mission to contribute to the betterment of society by promoting sustainable energy solutions. History and Milestones Sahaj Solar began its journey in 2007 with a focus …

DOMS Industries Expands into Baby Hygiene Market with Strategic Stake in Uniclan

DOMS Industries Expands into Baby Hygiene Market with Strategic Stake in Uniclan

23 September 2024

DOMS Industries Limited has completed its strategic acquisition of a 51.77% equity stake in Uniclan Healthcare Private Limited (Uniclan), a growing producer of baby diapers, wipes, and other hygiene products, making Uniclan a subsidiary. As part of the transaction, DOMS acquired 71,16,080 equity shares for ₹54.88 crore, of which ₹28.88 crore will be used for …

ONGC Videsh and Partners Extend Agreement to Tap 4 TCF Gas in Azerbaijan’s ACG Field

ONGC Videsh and Partners Extend Agreement to Tap 4 TCF Gas in Azerbaijan’s ACG Field

23 September 2024

ONGC Videsh, along with the State Oil Company of Azerbaijan (SOCAR) and other partners, including bp, MOL, INPEX, Equinor, ExxonMobil, TPAO, and ITOCHU, signed an addendum to the existing Production Sharing Agreement (PSA) for the ACG Field in the Caspian Sea’s Azerbaijan sector. This addendum allows the companies to continue exploring, evaluating, developing, and producing …

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