Jakson Group is an Indian energy and engineering company with corporate headquarters in Noida, Uttar Pradesh, India. Jakson operates four key businesses in India – Powergen & Distribution, Solar, EPC, and Defence. The company has secured an order from NTPC to build a plant in Chhattisgarh for a production of 10 tonnes per day of …
MAS Financial Services, a well-known non-banking financial company (NBFC), has kickstarted a significant financial initiative by launching a Qualified Institutional Placement (QIP) worth Rs.400 crore. This move also includes an option to raise an additional Rs.100 crore, potentially bringing the total funds to Rs.500 crore. Details of the QIP Aimed at attracting institutional investors, this …
Blue Dart Express Limited, incorporated in 1983, is involved in transportation and door-to-door distribution of time-sensitive shipments, through an integrated ground and air transportation network. The company is regarded as South Asia’s leading courier and integrated air express package distribution company. In 2002, Blue Dart had a business alliance with DHL Express, and on 8 …
On Thursday, the benchmark indices were trading in the red with the Sensex down around 145 points or 0.20% at 77,191, while the Nifty-50 was down around 34 points or 0.14% at 23,482. About 2,257 shares have advanced; 1,225 declined and 161 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Seedlings India Private Limited, a wholly-owned subsidiary of Best Agrolife Limited, has secured a significant win with the Central Insecticides Board & Registration Committee (CIB&RC). The regulatory body has granted Seedlings a license for the indigenous manufacture of a powerful new insecticide formulation. This new product, a combination of three active ingredients – Chlorantraniliprole 4.5%, …
IndianOil, a leading integrated energy company in India, has signed a joint venture agreement with GPS Renewables, a prominent biofuels company. This collaboration marks a significant step towards promoting sustainable energy solutions in the country. The 50:50 joint venture will be dedicated to advancing biofuel adoption across India. Focus on Biogas Technology and Reducing Emissions …
On June 19, 2024, Radico Khaitan announced that its luxury brands dominated the 2024 John Barleycorn Awards, a prestigious competition for recognising excellence in the spirits industry. The company’s Rampur Jugalbandi #3 secured the coveted title of Best World Whisky, while Jaisalmer Gold Indian Craft Gin triumphed in the Best Gin category. Both award winners …
On June 19, 2024, Gokaldas Exports Limited (GEX), a major player in the textile industry, struck a strategic deal with BRFL Textiles Private Limited (BTPL) to bolster its vertical integration and fuel future growth. GEX will infuse ₹50 crore into BTPL through Optionally Convertible Debentures (OCDs) in an initial tranche. The agreement allows for further …
On June 19. 2024, Yatra Online Limited has announced a significant expansion in its stake in the adventure tourism sector. The company has acquired the remaining 49% stake in its joint venture, Adventure and Nature Network Private Limited (ANN), making ANN a subsidiary of Yatra Online. This transaction was formalised through a Share Purchase Agreement …
The Indian automobile industry has seen remarkable growth in recent years, bolstered by factors such as improving economic conditions, rising personal incomes, increased availability of semiconductor chips, and a reduction in input costs. Similar to the defence sector, Auto ancillaries has seen substantial growth due to strategic government initiatives and increasing self-reliance, the auto component …
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