In a notable development in the Indian stock market, 37 lakh shares, equivalent to 0.9% of the total equity of healthcare products manufacturer Mankind Pharma Ltd., changed hands in multiple block deals during early trading on Wednesday. The shares were traded at an average price of Rs 2,083 per share, culminating in a total transaction …
H.G. Infra Engineering Limited has announced a significant strategic move by entering into a Memorandum of Understanding (MoU) with Ultra Vibrant Solar Energy Private Limited on July 8, 2024. This MoU outlines the company’s intention to acquire shares or voting rights in project companies, either by incorporating new companies or by purchasing shares of existing …
Shares of Maruti Suzuki India Ltd. (MSIL) surged as much as 6.5% to Rs.12,935 today amid heavy trading volumes followed by the Uttar Pradesh (UP) government’s decision to waive the registration fee on hybrid cars, aiming to promote green technology. Government Incentives The UP government’s step to extend zero registration fees to hybrid vehicles, alongside …
On July 9, 2024, Alembic Pharmaceuticals announced that it had received final approval from the US Food & Drug Administration (USFDA) for its Bromfenac Ophthalmic Solution, 0.07%. This medication treats inflammation and pain following cataract surgery and is equivalent to Bausch & Lomb’s Prolensa Ophthalmic Solution, 0.07%. According to IQVIA, the market size for Bromfenac …
Marvel Decor Ltd, an SME listed on the NSE, specialises in window covering solutions with infrastructure spanning 2 lakh sq. ft. at Jamnagar, Gujarat. Known for its innovation, quality, and attention to detail, the company boasts the world’s largest range of products in the industry, making it a trusted name in the sector. The company …
On July 9, 2024, Cyient, a global leader in Intelligent Engineering solutions for a digital, autonomous, and sustainable future, received its third consecutive Premier Award from RTX. RTX has awarded Cyient, Ltd the Premier Award for its outstanding performance in 2023, specifically for excelling in Cost Competitiveness and Collaboration & Customer Service. This award is …
Container Corporation of India Limited, commonly known as CONCOR, specializes in logistics and transportation services. The company operates mainly through 2 segments: one is domestic, and the second is export and import (EXIM). The company’s main function is to transport containers from ports using rail wagons within the country. In addition, the company manages cold …
RateGain Travel Technologies Ltd is a prominent global distribution technology company and the largest Software as a Service (SaaS) provider within India’s travel and hospitality sector. Specializing in a wide array of services, RateGain caters to various verticals including hotels, airlines, online travel agents, meta-search firms, package providers, car rentals, cruises, and ferries. Known for …
Larsen & Toubro (L&T), a player in India’s infrastructure and engineering sector, has secured a defense contract from Hindustan Shipyard Limited (HSL) to construct two fleet support ships (FSS) for the Indian Navy valued between Rs.1,000 crore and Rs.2,500 crore. These specialized vessels provide logistical and material support to naval task forces at sea. L&T …
Nestle India Ltd. is a leading food and beverage company in India, renowned for its diverse portfolio of trusted brands. With a rich heritage dating back to 1961, Nestle India has established itself as a household name, offering a wide range of products across categories such as dairy, nutrition, beverages, prepared dishes, and confectionery. Shareholders …
