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Zydus Lifesciences Falls Drastically After USFDA Observations In The Vadodara Facility

Zydus Lifesciences Falls Drastically After USFDA Observations In The Vadodara Facility

24 April 2024

Zydus Lifesciences Limited, previously named Cadila Healthcare Limited, is an Indian pharmaceutical giant based in Ahmedabad, Gujarat. It focuses predominantly on producing, marketing and selling a wide variety of generic drugs. This listed company has a market cap of around Rs.96,553.18 cr. In the third quarter of fiscal year 2024, the pharmaceutical company recorded a …

Shakti Pumps Invests ₹5.08 Crore in Subsidiary Shakti EV Mobility

Shakti Pumps Invests ₹5.08 Crore in Subsidiary Shakti EV Mobility

24 April 2024

On April 23, 2024, Shakti Pumps (India) Limited informed in an exchange filing that the company had invested ₹5,08,00,000 (Rupees Five Crores and Eight Lacs Only) in its wholly owned subsidiary, Shakti EV Mobility Private Limited. Details of the Investment Shakti Pumps (India) Limited, a manufacturer of pumps and motors, has invested ₹5.08 crore in …

Puravankara Bags Another Flagship Project Mumbai

Puravankara Bags Another Flagship Project Mumbai

24 April 2024

Puravankara Ltd. has emerged as the developer for the redevelopment of a residential housing society in Pali Hill Locality of Mumbai, This project is going to have an estimated total development potential of 4.1 Lakh square feet of carpet area, with around 2.1 Lakh square feet of area available for sale. The company in its …

MCX Released Q4 FY24 Results: Growth of ~33.11% in Operations Revenue

MCX Released Q4 FY24 Results: Growth of ~33.11% in Operations Revenue

24 April 2024

On April 23, 2024, India’s largest Exchange in the Commodity Derivatives Market segment, The Multi Commodity Exchange of India Ltd. (MCX), released its unaudited financial results for the Q4 and year ended March 31, 2024. Quarterly Performance During Q4 FY2024, MCX recorded a 29.66% increase in total income to ₹199.45 crore on a YoY basis. …

Tata Elxsi Released FY2024 Earnings: Recorded Growth of 13% in Revenue

Tata Elxsi Released FY2024 Earnings: Recorded Growth of 13% in Revenue

24 April 2024

One of the world’s leading providers of design-led technology services, Tata Elxsi Limited, recently released its operational and financial results for the quarter (Q4 FY2024) and year (FY2024) ended March 31, 2024. Quarterly Performance The company recorded revenue from operations amounting to ₹905.9 crore, reflecting a growth of over 8.1% on a year-over-year (YoY) basis. …

SBI Card Launches Travel-Centric Credit Card ‘SBI Card MILES’ with Flexible Rewards

SBI Card Launches Travel-Centric Credit Card ‘SBI Card MILES’ with Flexible Rewards

24 April 2024

SBI Card, India’s leading pure-play credit card issuer, unveiled its first travel-focused credit card program, SBI Card MILES, on April 23, 2024. This has been designed to cater to all types of travellers, from those with occasional travel aspirations to frequent fliers and travel enthusiasts. SBI Card MILES offers a comprehensive suite of benefits. SBI …

Shish Industries Limited Enters Five-Year Trade Agreement with BCP

Shish Industries Limited Enters Five-Year Trade Agreement with BCP

24 April 2024

On April 22, 2024, Shish Industries Limited (SIL) informed in an exchange filing that the company had signed a trade agreement with Best Construction Products Inc. (BCP), a USA-based entity, for a period of five years, for a minimum export of USD 37.5 million (approximately ₹312 crores present value). Details of the Collaboration Shish Industries …

Patel Engineering Launches QIP To Raise Rs.500 Cr

Patel Engineering Launches QIP To Raise Rs.500 Cr

24 April 2024

Patel Engineering Ltd. is an Indian construction company that specializes in constructing dams, bridges, tunnels, roads, and other heavy civil engineering projects, focusing on hydro, irrigation, urban infrastructure, and transportation sectors. Patel Engineering is a listed company in the Indian stock market with a market cap of Rs.5,028 Cr, The Promoter holding for the stock …

Market Movers: Here are today’s high-volume buzzers!

Market Movers: Here are today’s high-volume buzzers!

24 April 2024

The domestic indices showed robust upward momentum, with metals, real estate, and healthcare sectors leading the gains. Broad market sentiment also reflected strong investor optimism. However, telecommunications stocks experienced a significant correction today following a strong rally in the previous trading session. At 10:05 am, the BSE Sensex surged 0.36% reaching a level of 73,994. …

AU Small Finance Bank Launches Credit Cards and ATM Insurance

AU Small Finance Bank Launches Credit Cards and ATM Insurance

24 April 2024

On April 23, 2024, AU Small Finance Bank (AU SFB) launched various products, which include Rupay credit card and ATM insurance. The small finance bank released 2 innovative credit cards, a Secured Credit Card – NOMO (No Missing Out) and an AU SPONT Rupay Credit Card, developed in collaboration with VISA and National Payments Corporation …

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