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Vinati Organics Expands with Subsidiary Investment

Vinati Organics Expands with Subsidiary Investment

25 June 2024

On June 25, 2024, Vinati Organics Limited subscribed to 5,57,70,950 fully paid-up equity shares with a face value of ₹10 each, totalling ₹55,77,09,500. Vinati Organics Limited acquired 100% of the share capital and control of Veeral Organics Private Limited. This investment was made through a rights issue, and these shares will rank equally with the …

Schaeffler India Unveils Made-in-India Planetary Gear System for Hybrid Vehicles

Schaeffler India Unveils Made-in-India Planetary Gear System for Hybrid Vehicles

25 June 2024

Schaeffler India, a frontrunner in motion technology, has unveiled a groundbreaking innovation – the Planetary Gear System (PGS) – manufactured entirely at its Hosur plant. This system is specifically designed to meet the needs of Dedicated Hybrid Transmission (DHT) vehicles in the Indian market. Aligning with Make in India and Greener Transportation The PGS marks …

JSW Steel USA to Invest US$110 Million To Upgrade Baytown

JSW Steel USA to Invest US$110 Million To Upgrade Baytown

25 June 2024

On June 25, 2024, JSW Steel USA, a subsidiary of JSW Steel Ltd, a leading Indian steel company under the JSW Group valued at $24 billion, revealed plans to invest $110 million in upgrading their steel plate mill in Baytown, Texas. This investment aims to modernise their manufacturing facilities with advanced technology and equipment that …

Vishnu Prakash R Punglia Limited Awarded Contract for 15 MLD Water Treatment Plant in Goa

Vishnu Prakash R Punglia Limited Awarded Contract for 15 MLD Water Treatment Plant in Goa

25 June 2024

On June 24, 2024, Vishnu Prakash R Punglia Limited informed the stock exchanges that the company is proud to announce its latest accomplishment, the award of a new project by the Office of the Executive Engineer Division XXIV(WS) of the Public Works Department in Sarvana, Bicholim, Goa. This prestigious project, titled “Construction of a 15 …

MapmyIndia Unveils AI-Powered Data Analytics Firm

MapmyIndia Unveils AI-Powered Data Analytics Firm

25 June 2024

MapmyIndia is an Indian technology company that builds digital map data, telematics services, location-based SaaS, and GIS AI technologies. Founded in 1995, the company is headquartered in New Delhi with offices across India and in the San Francisco Bay Area and Tokyo. In 2004, the company launched the first Indian interactive digital mapping portal that …

Muthoot Microfin Secures IRDAI License for Customised Insurance Solutions

Muthoot Microfin Secures IRDAI License for Customised Insurance Solutions

25 June 2024

On June 25, 2024, Muthoot Microfin informed the stock exchanges that the company had secured a corporate agent licence from the Insurance Regulatory and Development Authority of India (IRDAI). This licence would allow the company to provide customised insurance plans to their customer base. The licensing agreement strengthens Muthoot Microfin’s dedication to financial inclusion by …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 26

Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 26

25 June 2024

On Tuesday, benchmark indices closed on a positive note as Sensex gained 0.92%, reaching a record high of 78,164.71, while Nifty surged 0.78%, achieving an all-time high of 23,754.15. In the sectoral landscape, Nifty Financial Services, Nifty Bank, and Nifty IT were the top gainers, while Nifty Realty, Nifty Metal, and Nifty Energy were the …

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

25 June 2024

The benchmark index S&P BSE 500 opened today at 35,323.54 and made its day high at 35,366.15, and it is trading green today, up by more than 0.20%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Raymond Ltd Shares of …

Market Movers: Here Are Today’s High-Volume Buzzers!

Market Movers: Here Are Today’s High-Volume Buzzers!

25 June 2024

Indian headline indices started today’s trading session on a positive note, with the banking, financial services, and capital goods sectors observing robust gains. In contrast, the real estate, information technology, and power sectors were notable losers. Additionally, the broader indices outperformed the main indices by a considerable margin. At 10:10 am, the BSE Sensex gained …

Upper Circuit Stocks Today – 25 June, 2024

Upper Circuit Stocks Today – 25 June, 2024

25 June 2024

On Tuesday, the benchmark indices were trading in the green with the Sensex up around 155 points or 0.20% at 77,502, while the Nifty-50 was up around 37 points or 0.16% at 23,574. About 2,191 shares have advanced; 1,028 declined and 98 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

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