On September 20, 2024, Rorix Holdings, a global trade and finance company based in Abu Dhabi, signed a Memorandum of Understanding (MOU) with Adani Ports and Special Economic Zone Limited, the largest private port operator in India. This partnership aims to combine their strengths to incorporate advanced technologies into their logistics and trading platforms, creating …
On September 19, 2024, Sula Vineyards Limited, the largest wine producer in India, announced the return of the popular SulaFest, the launch of its new wine, Sula Merlot, and expectations for a great grape harvest due to a good monsoon. SulaFest Returns in February 2025 SulaFest, India’s famous wine and music festival, will return in …
On September 19, 2024, AU Small Finance Bank, India’s largest small finance bank, announced via a stock exchange filing that it has partnered with Niva Bupa Health Insurance to offer health insurance products to its customers. This collaboration builds on Niva Bupa’s prior association with Fincare Small Finance Bank, which has now merged with AU …
Information technology, outsourcing, and business consulting are all provided by the multinational Indian technology company Infosys Limited. The company was founded in Pune and has its headquarters in Bangalore. Infosys became the fourth Indian company to reach the $100 billion market capitalization mark on August 24, 2021. An acquisition of 20% of GalaxEye by Infosys …
NTPC Ltd, one of India’s top power-producing companies, has just approved investments for two of its major thermal power projects amounting to Rs. 20,922 crores, which shall be adequate in increasing the company’s energy capacity by many folds in Odisha and Chhattisgarh. Investments in Darlipali, Sipat Projects The NTPC board has agreed to Stage II …
Responsive Industries Rides India’s Infrastructure Wave Responsive Industries Ltd., a global leader in PVC products, is set to benefit from the Government of India’s latest infrastructure initiative. The Ministry of Road Transport & Highways (MoRTH) recently announced the development of 75 tunnel projects across the country, with an investment of Rs 1 lakh crore. This …
Introduction In a remarkable trading session, shares of IIFL Finance surged by over 9%, hitting a fresh six-month high. What caught the market’s attention even more was the record-breaking single-day volume, the highest seen in over a decade. This unprecedented rise follows the recent lifting of restrictions on the company’s gold loan business by the …
Introduction In a strategic move aimed at fueling growth in its core verticals, IndoStar Capital Finance Limited has announced the sale of its subsidiary, IndoStar Home Finance Private Limited (IHFPL), to WITKOPEEND B.V., an affiliate of BPEA EQT Mid-Market Growth Partnership. The deal, valued at INR 1,750 crore on a fully diluted basis, is expected …
Sellwin Traders Ltd Inks $2 Million MoU for Blockchain Platform Sellwin Traders Ltd has signed a Memorandum of Understanding (MoU) with Secorbit FZCO, UAE, to develop a blockchain-based tokenization platform. This $2 million project will focus on enabling the tokenization of assets such as equities, bonds, and real-world assets. With an emphasis on security, scalability, …
On September 19, 2024, Persistent Systems, a leader in Digital Engineering and Enterprise Modernisation, was named the fastest-growing IT services brand in the 2024 Brand Finance India 100 report. Persistent is ranked 9th among the top IT services brands, with a brand value of $609 million and a brand strength score of 72.39 out of …
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