Stocks/Share Market - Angel One

On April 18, 2024, SJVN Ltd informed the stock exchanges that the company’s wholly-owned subsidiary had incorporated a Joint Venture company. Details of the Joint Venture Company SJVN Ltd’s wholly owned subsidiary, SJVN Green Energy Limited, has incorporated a Joint Venture Company with Assam Power Distribution Company Limited named “SGEL Assam Renewable Energy Limited”. The …

On April 18, 2024, Hinduja Global Solutions Limited informed in an exchange filing that the company’s subsidiary ONEOTT Intertainment Limited has entered into an agreement to acquire 51% shareholding of Seven Star Balaji Broadband Private Limited. Details of the Acquisition  Hinduja Global Solutions Limited’s subsidiary, ONEOTT Intertainment Limited (ONEOTT), in which the company holds a …

ITC Limited, a leading Indian conglomerate with a diversified presence in the Fast-Moving Consumer Goods (FMCG) sector, recently announced a strategic move to bolster its subsidiary’s cloud computing capabilities. On April 18, 2024, ITC Infotech India Limited, a wholly-owned subsidiary of ITC, entered into a Share Purchase Agreement to acquire 100% ownership of Blazeclan Technologies …

Bajaj Auto, a leading Indian two-wheeler manufacturer, announced a significant move on April 18, 2024, that promises to accelerate their growth trajectory. The company’s board of directors approved an additional fund infusion of ₹2,250 crore (approximately USD 2.6 billion) into its wholly-owned subsidiary, Bajaj Auto Credit Limited (BACL). This strategic investment signifies Bajaj Auto’s commitment …

On April 18, 2024, Rajoo Engineers Ltd, a pioneering force in the field of plastic processing machinery through an exchange filing, announced the inauguration of its expanded facility in Rajkot. This expansion proves to be a major milestone for the company as it triples its manufacturing capacity to meet growing demands and enhance operational efficiency. …

On April 18, 2024, a significant development emerged in India’s logistics sector with the signing of a Memorandum of Understanding (MoU) between Container Corporation of India Ltd (CONCOR) and PSA MESA Supply Chain Pte. Ltd (PSA MESA). This strategic partnership brings together two industry leaders aiming to revolutionise the customer experience by offering seamless and …

The real estate and infrastructure development arm of the Mahindra Group, Mahindra Lifespace Developers Ltd, announced the successful launch of the 1st Net Zero Waste + Energy residential project, Mahindra Zen, in Bengaluru. The company further added that the project witnessed an exceptional response from homebuyers, with over 150 homes booked within just 2 days, …

Wipro is going to report its earnings for the first time under the new CEO, Srinivas Pallia after the resignation of Theirry Deaporte, The company is expected to report muted earnings for this quarter according to analysts. What is the Market Expecting? According to the latest poll of CNBC-TV18, Wipro Ltd. is likely to give …

On April 18, 2024, Dhanuka Agritech Limited informed the stock exchanges that the company launched two key products to revolutionise crop protection and yield enhancement in agriculture. Details of the Products Agrochemical company Dhanuka Agritech Limited unveiled two groundbreaking products, the powerful insecticide ‘LaNevo’, and the bio-fertiliser ‘MYCORe Super’. The company stated that ‘LaNevo’ marks …

The Godrej family has started division by exiting the boards of each other’s companies and will soon divest their stakes. The separation is between the two branches of the family, where Adi Godrej and his brother Nadir are on one side and their cousins Jamshyd Godrej and his sister Smita Godrej are on the other …