Gopal Snacks Limited is thrilled to announce a significant expansion of its distribution network, adding over 110 new distributors in the past 5months. This strategic move brings the company’s total distributor base to 785, significantly increasing its retail reach across various regions. With a particular focus on key states, Gopal Snacks Limited has added 89 …
JK Tyre and Industry Ltd has announced plans to merge with Cavendish Industries Ltd, a strategic move aimed at consolidating the operations of both companies under a single listed entity. The merger, approved by JK Tyre’s board on Monday, is expected to yield significant benefits for both companies and their shareholders. By combining their businesses, …
On September 16, 2024, Carborundum Universal Limited (CUMI) signed a Share Purchase Agreement to acquire a 100% stake in Silicon Carbide Products, Inc. (SCP), USA, for an enterprise value of USD 6.66 million (around INR 56 crore). To facilitate this acquisition, CUMI will set up a wholly-owned subsidiary in the USA, which will act as …
Strides Pharma Science has announced a significant milestone with the USFDA approval of its Fluoxetine Tabs 60 mg. This achievement bolsters the company’s position in the US market, where Fluoxetine holds a substantial market share of approximately $130 million. As a therapeutically equivalent alternative to the reference listed drug, Strides’ Fluoxetine Tabs offer a high-quality, …
Founded in 1992, Globus Spirits Limited is mainly involved in the production and commercialization of bulk alcohol hand sanitizer, franchise bottling, Indian-made foreign liquor (IMFL), and Indian-made Indian liquor (IMIL). It features a special 360° model that encompasses the whole value chain of alcohol. In India, it is the first to establish a grain distillery …
Shares of Tata Motors Ltd. fell by more than 2% on Tuesday, September 17, after a significant block deal saw 1.9 crore shares, representing 0.4% of the company’s equity, change hands. The shares were traded at an average price of Rs 970. Although the identity of the buyers and sellers in the transaction remains undisclosed, …
Introduction of a Revolutionary Investment Product A novel asset class that is intended to appeal to investors who are willing to take on more risk and have greater ticket sizes is being proposed by SEBI. By providing a regulated alternative, this program seeks to reduce the spread of unregistered and unlicensed investment schemes. SEBI is …
Maruti Suzuki, India’s largest carmaker, has announced plans to launch its first electric vehicle (EV) in the current financial year. The company will also encourage customers to adopt eco-friendly technologies like strong hybrids, biogas, flex fuel, and CNG to reduce emissions and fuel consumption. Maruti Suzuki Chairman R.C. Bhargava believes that a diversified approach, offering …
The Nifty Auto index has shown impressive growth, delivering a return of 35.77% in the past 6 months and about 60% in the last year. This remarkable performance has brought attention to some of the top-performing auto companies. Let’s delve into the best performers in the sector, based on their recent returns and other key …
On June 5, 2024, Maruti Suzuki launched the ‘Dream Series Limited Edition’ for its popular models: Alto K10 VXI+, S-Presso VXI+, and Celerio LXI, priced at an attractive ₹4.99 lakh (Ex-showroom). The brand has reduced the price range for Auto Gear Shift (AGS) Technology variants on select models, including S-Presso, Alto K10, Wagon-R, Celerio, Dzire, …
Enjoy ₹0 Account Opening Charges
Join our 2 Cr+ happy customers
