On April 25, 2024, a leading global digital engineering and R&D services provider, L&T Technology Services Limited (LTTS), through an exchange filing, announced that it will be streamlining and simplifying its organisational structure into 3 main segments to fuel future growth, scalability and technology innovation. As a part of its ‘Go Deeper to Scale’ strategy …
On April 25, 2024, CRISIL ESG Ratings & Analytics Ltd (CRISIL ESG Ratings), a wholly owned subsidiary of CRISIL Ratings Ltd (CRL), received approval from the market regulator Securities and Exchange Board of India (SEBI) to act as a Category 1 provider of environmental, social and governance (ESG) ratings. The approval comes after SEBI notifications …
ICICI Bank is India’s second-largest private sector bank that provides a wide range of financial products across its diversified portfolio. In an alarming incident, ICICI Bank mistakenly exposed the sensitive credit card details of more than 17,000 customers. The breach happened from a technical error in the digital mapping that incorrectly linked newly issued credit …
On April 25, 2024, Meson Valves India Limited informed in a stock exchange filing that the company secured a license agreement with Georg Schunemann GmHH of Bremen, Germany. Details of the Agreement The agreement authorises Meson Valves to proactively expect and champion ‘Make in India’ as the exclusive choice for global manufacturing. This exclusive arrangement …
On April 25, 2024, Zensar Technologies Limited announced its financial results for its fourth quarter, ending March 31, 2024, of the fiscal year 2023-2024. In FY 2024, the company reported services revenue of $591.3 million, a yearly YoY growth of 1.0% in reported currency and 1.3% in constant currency. In Q4 FY 2024, the company …
On April 25, 2024, PG Electroplast Limited (PGEL), through an exchange filing, announced that its wholly-owned subsidiary, PG Technoplast Private Limited, achieved a significant milestone by unveiling its new marquee air conditioning (AC) manufacturing facility for North India in Bhiwadi, Rajasthan. The objective behind this strategic investment is to meet the growing demand for energy-efficient …
On April 25, 2024, the global steel producer Tata Steel Limited announced in an exchange filing that it will invest £1.25 billion in the UK Steel Industry. This announcement follows the company’s proposal to restructure the UK business and 7 months of formal and informal discussions with the UK Steel Committee (the multi-union forum) and …
Sandur Manganese & Iron Ores Limited (SMIORE), a leading company within the Karnataka-based Sandur Group, announced a significant step towards business expansion on April 25, 2024. The Board of Directors approved a strategic acquisition through the purchase of 80% equity share capital of Arjas Steel Private Limited (ASPL). This move aligns with SMIORE’s long-term business …
During the recent monthly expiry trading session, the market exhibited a robust upswing, closing at the day’s peak. Leading this rally were the PSU banks, with the Nifty PSU Bank index breaking out from a trend continuation price pattern. A standout in this category is Central Bank of India, which is now catching the attention …
On Friday, the benchmark indices were trading in the red with the Sensex down around 150 points or 0.20% at 74,192, while the Nifty-50 was down around 40 points or 0.17% at 22,533. About 1,762 shares have advanced; 1,302 declined and 105 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
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