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Entero Healthcare Expands Footprint in Telangana with Acquisition of Avenir Lifecare Pharma

Entero Healthcare Expands Footprint in Telangana with Acquisition of Avenir Lifecare Pharma

7 May 2024

Entero Healthcare Solutions Limited (Entero), a leading player in the Indian pharmaceutical distribution landscape, announced a strategic move to expand its reach on May 6, 2024. The company’s Board of Directors approved the acquisition of a significant stake in Avenir Lifecare Pharma Private Limited (ALPPL). Acquisition Details Entero has entered into definitive agreements to acquire …

ABB India Celebrates 100-Year Milestone with MCB Innovation

ABB India Celebrates 100-Year Milestone with MCB Innovation

7 May 2024

ABB India Ltd announced on May 7, 2024, that the company’s first-of-its-kind Miniature Circuit Breaker (MCB) touched a milestone 100-year anniversary of protecting electrical circuits while evolving to meet the sustainability needs of the future. MCB has changed our everyday lives by providing safety for both commercial and residential buildings, reducing the risk of unforeseen …

Persistent Unveils iAURA: An AI-Powered Suite for Transforming Enterprise Data Management

Persistent Unveils iAURA: An AI-Powered Suite for Transforming Enterprise Data Management

7 May 2024

Persistent Systems, a leading global player in Digital Engineering and Enterprise Modernization, has unveiled iAURA, a comprehensive suite of AI-powered data solutions designed to empower businesses in the age of big data. Addressing Data Challenges in the AI Era The ever-growing volume of data presents significant challenges for businesses. Managing, securing, and extracting value from …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

7 May 2024

During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Sigachi Industries Ltd Sigachi Industries Ltd is currently trading at Rs 68.55, up by 3.71% from its previous close of Rs 66.1. The stock hit a high of Rs 69.7 today with a …

Technical Picks to Keep an Eye On: Narayana Hrudayalaya and Honasa Consumer

Technical Picks to Keep an Eye On: Narayana Hrudayalaya and Honasa Consumer

7 May 2024

Technical analysis identifies Narayana Hrudayalaya and Honasa Consumer as upside potential stocks. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 1,275.75 and Rs 424 respectively, their price aligns with positive signals from technical indicators like RSI and ADX, …

Major Win For Tobacco Industry as Supreme Court Grants Relief

Major Win For Tobacco Industry as Supreme Court Grants Relief

7 May 2024

The Supreme Court grants relief to the Tobacco Industry on the ongoing 17-year-long battle, The matter pertains to The matter pertains to 2006, when a demand notice of Rs.10 crore was issued to a tobacco company by the Central Excise Department, seeking 67% excise duty on tobacco products. The industry claimed that chewing tobacco is …

Titagarh Rail Systems Jump BY 8%, As Order Book Extends Till FY27

Titagarh Rail Systems Jump BY 8%, As Order Book Extends Till FY27

7 May 2024

Titagarh Rail Systems Ltd, known as Titagarh Wagons Ltd. is an Indian rolling stock manufacturer in the private sector. The stock of Titagarh Wagon has jumped by 8% today, the company has an extended order book till FY27 and market analysts are also bullish on the stock as they believe that the company is going …

Thomas Cook India Introduces Paperless Video KYC for Forex Services

Thomas Cook India Introduces Paperless Video KYC for Forex Services

7 May 2024

On May 7, 2024, Thomas Cook (India) Limited informed the stock exchanges that the company had launched its Video KYC with paperless processes to support its retail customers. With this digital solution, the company strives to make it easy and convenient for customers to avail of foreign exchange services from the comfort of their homes. …

Oberoi Realty Enters Development Agreement for Worli Housing Society

Oberoi Realty Enters Development Agreement for Worli Housing Society

7 May 2024

On May 6, 2024, Oberoi Realty informed the stock exchanges that the company had entered into a Development Agreement to develop land and redevelop a large housing society spread over approximately 12,790 square meters in the Adarsh Nagar area of Worli, Mumbai. The company stated that the land parcel is leased to Maharashtra Housing and …

Redington Limited Announces Divestment of Turkey-Based Subsidiary, Paynet

Redington Limited Announces Divestment of Turkey-Based Subsidiary, Paynet

7 May 2024

On May 7, 2024, Redington Limited informed the stock exchanges that the company’s step-down subsidiary Arena Bilgisayar Sanayi Ve Ticaret A.S, Turkey (Arena ), signed a definitive agreement with Iyzi Payment and Electronic Money Services Inc, Turkey (Iyzico). The agreement is to sell 100% of the equity held by Arena in its wholly-owned subsidiary, Paynet …

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