Introduction: A New Chapter for Lokesh Machines Lokesh Machines Limited, a Hyderabad-based manufacturing company, has recently been granted a prestigious license from the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India. This license allows the company to manufacture fixed and towed heavy machine guns with calibers ranging from 12.7mm to 30mm, …
On September 19, 2024, Airtel Business, the B2B division of Bharti Airtel, and Cisco, a global leader in networking and security, introduced the Airtel Software-Defined (SD) Branch. This new solution offers a simple, secure, and cloud-based network management system for businesses. Powered by Cisco Meraki’s cloud-first technology, Airtel SD-Branch allows companies to manage their entire …
Penny stocks are low-priced shares of companies with low market capitalisation, and they are mostly illiquid. Penny stocks are known for their high volatility and can experience significant price swings in a short time. There is also not much reliable information about these stocks available publicly. Penny stocks are said to have the potential to …
DCX Systems Lands Major Export Order and Achieves Strategic Licensing Milestone DCX Systems Limited, a leading player in the defense manufacturing sector, has announced two key developments that underscore its growing influence in the global defense industry. The company recently received an export order from ELTA Systems Ltd., Israel, valued at $18.5 million (approx. INR …
Macrotech Developers, also known as Lodha, has made a name for itself as one of India’s top real estate developers, renowned for its creative designs and superior construction. The company has established a reputation for delivering projects that meet the highest standards of excellence and is well-represented in important cities throughout the nation. It has …
GE T&D India Ltd’s two promoter entities, Grid Equipments Private Ltd and GE Grid Alliance BV, have decided to sell an 11.7% equity stake through an Offer for Sale(OFS). The offer is open to non-retail investors today, 19 September 2024 and to retail investors, on 20 September 2024. A floor price of Rs.1,400 has been …
Dalmia Cement (Bharat) Limited (DCBL), a wholly-owned subsidiary, signed a Share Subscription and Shareholders Agreement (SSSHA) on September 18, 2024, to acquire a 26% stake in Solsolis Solar Energy Solutions Private Limited. This acquisition involves 30,24,000 equity shares worth ₹3.02 crore, which will be completed in multiple stages. The investment aims to secure solar power …
Godrej Capital, the financial services arm of the Godrej Group, is poised to enter the affordable housing loan market as part of its ambitious growth strategy. The company aims to increase its assets under management (AUM) to ₹17,000 crore by the end of 2024, driven by a strategic focus on small and medium enterprises (SMEs), …
Heritage Foods Limited, a leading dairy products manufacturer based in Hyderabad, announced plans on Wednesday to establish a state-of-the-art ice cream manufacturing facility in Shamirpet, Telangana. The new facility, estimated to require a capital investment of ₹204 crore, aims to address the rising demand for ice cream in the region and enhance production capacity. The …
Introduction to WealthForce.AI IntellectAI, the AI-focused business unit of Intellect Design Arena, has launched WealthForce.AI, a cutting-edge wealth management platform tailored for the Middle East market. Built on the eMACH.ai framework, WealthForce.AI empowers Relationship Managers (RMs) with AI-driven capabilities to deliver hyper-personalised and hyper-automated customer experiences. Key Features of WealthForce.AI WealthForce.AI leverages eMACH.ai’s standards, including …
