HDFC Bank, established in 1994, is a prominent public sector bank in India. Renowned for its retail, wholesale, and treasury services, it’s a subsidiary of HDFC Ltd. While its banking activities are widely known, HDFC Bank also holds significant stakes in a diverse range of companies. Shares of HDFC Bank have surged by 9% in …
Fertiliser stocks have soared to record highs amidst anticipation that the upcoming Goods and Services Tax (GST) Council meeting could recommend exempting essential plant nutrients from the current 5% tax. Scheduled for June 22, this meeting marks the Fitment Committee’s first session since Prime Minister Narendra Modi’s third-term inauguration. Government-run firms NFL, RCF, GSFC, GNFC, …
Titan Company, which belongs to the Tata Group plans to aggressively expand its retail footprint in Chennai. The company plans to expand its brand verticals especially the jewellery vertical Tanishq and its saree label Taneira. It also plans to launch its exclusive ladies’ handbag brand store “Earth”, sometime later this year. Titan’s plans In the …
Jupiter Electric Mobility Private Limited (JEM), a subsidiary of Jupiter Wagons Limited (JWL), is making significant strides in revolutionising rail transport in India with its Lithium-Ion Phosphate (LFP) battery technology. Partnering with Log9 Materials, a leading Indian deep-tech innovator in energy storage, JEM has achieved several key milestones in the development and certification of these …
On June 19, 2024, Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest port developer and operator, showcased its global excellence again. Four of its ports were highlighted in the respected Container Port Performance (CPP) Index 2023. Mundra Port led the group at 27th place, followed by Kattupalli at 57th, Hazira at 68th, and …
On June 19,2024, Allcheckdeals India Pvt. Ltd (ACD), a wholly owned subsidiary of Info Edge (India) Limited, has decided to invest ₹1 crore in its subsidiary, NewInc Internet Services Private Limited, which is also a step-down subsidiary of Info Edge (India) Limited. Transaction Details The acquisition qualifies as a related party transaction since Allcheckdeals India …
On June 19, 2024, Lemon Tree Hotels announced they would manage a new hotel in Morbi, Gujarat, India. The hotel is expected to open in the fiscal year 2029. Morbi, located on the Kathiawar peninsula in Gujarat, has a rich history and cultural heritage. It used to be the capital of the Morvi State and …
On June 19, 2024, Eraaya Lifespaces Limited announced that their Plan Support Agreement to acquire 100% of Ebix Inc.’s equity has been approved by Ebix Inc.’s Independent Directors. The Consortium, led by Eraaya Lifespaces Limited as the initial bidder, has also deposited the required 5% cash deposit to proceed with the acquisition process. The acquisition …
West Bridge Capital, a prominent private equity firm, has recently divested its stake in AU Small Finance Bank, amounting to approximately 1.7% of the bank’s total shares. The transaction, valued at Rs.845 crore, marks a significant move by West Bridge Capital, reflecting changes in its investment portfolio. Transaction Details The sale of a 1.7% stake …
Best Agrolife (formerly known as Sahyog Multibase Limited) [1] is a leading agrochemicals manufacturer in India and is among the top 15 agrochemicals companies in the country. It is one of the fastest-growing manufacturers of Technicals, Formulations, Intermediates, and Public Health products. Best Agrochem Private Limited was amalgamated with the Co. on April 20. Best …
Enjoy Zero Brokerage on Equity Delivery
Join our 2 Cr+ happy customers
Enjoy Zero Brokerage on
Equity Delivery
