Bata India is now set to expand its footprint and boost same-store sales as the company aims to concentrate on its top six brands, as highlighted in its latest report. Focusing on these brands, including the popular Floatz, is expected to drive retail business growth and unlock new opportunities for the company. In FY24, Bata …
The Indian Renewable Energy Development Agency Limited (IREDA) is a public sector enterprise in India that provides financial assistance and services for projects focused on renewable energy and energy efficiency/conservation. Established in 1987, IREDA is a Navratna organization owned by the Government of India and is administratively controlled by the Ministry of New and Renewable …
K2 Infra is India’s emerging Project Engineering, Power Engineering, and EPC organization. It was founded by a group of professionals with vast experience in Project & Power Management and strong financial backing to achieve their objectives. K2 was established in 2015 and began focused operations in 2018 under the name of K2 Infragen Limited (a …
Coredge, a deep tech startup, has gained recognition for its innovative approach to sovereign AI and cloud platforms. It has a customer base across Japan, Singapore, and India, with cloud providers, government departments, and telecom service providers widely adopting its products. Coredge’s goal is to develop a comprehensive solution package for independent data centers, covering …
Shares of Hindustan Aeronautics Ltd. (HAL) fell over 4% on Thursday, continuing their downward trend from Tuesday, when the stock declined by 3.3%. Valuation Comparison: HAL vs. Dassault Aviation A recent report draws an intriguing comparison between HAL and its global peer Dassault Aviation. Dassault achieved a revenue of $5.19 billion and a profit of …
DLF, India’s largest real estate firm by market capitalization, is gearing up for growth in FY25. Chairman Rajiv Singh announced plans to achieve a 15% increase in sales bookings, aiming for a staggering Rs.17,000 crore which includes venturing into new territories such as Mumbai and Goa, highlighting the company’s expansion to tap into emerging opportunities. …
Tata Power, under the Chairman, N. Chandrasekaran, during the company’s 105th Annual General Meeting (AGM), has announced a major capital expenditure (capex) plan of Rs.20,000 crore for FY25 which comes in addition to the Rs.12,000 crore invested in FY24. Renewable Energy A large portion of the capex will be directed towards accelerating Tata Power’s renewable …
ONGC, the Oil and Natural Gas Corporation, is an Indian multinational company headquartered in New Delhi, under the Ministry of Petroleum and Natural Gas. ONGC, the Oil and Natural Gas Corporation, established on August 14, 1956, primarily focuses on exploring and extracting hydrocarbons across 26 sedimentary basins in India. Operating 210 drilling and work-over rigs, …
Sanofi Healthcare India Pvt. has announced a significant expansion of its global capacity centre (GCC) in Hyderabad. With plans to invest €400 million over the next six years, including €100 million by next year, this initiative underscores Sanofi’s long-term strategy to establish a deep footprint in the region. Major Investment and Expansion Plans Madeleine Roach, …
On Thursday, the Indian equity markets experienced a significant recovery from lower levels, with the Nifty50 reclaiming the 24,600 mark and the Sensex moving above the 80,800 mark. The Nifty Bank index also saw an uptick, rising by 0.28%. However, one stock that notably underperformed was Vascon Engineers Ltd. Vascon Engineers Ltd. Faces Losses Shares …
