On April 29, 2024, KFin Technologies Limited announced its financial results for the quarter and year ended March 31, 2024. In FY 2024, the company’s revenue from operations was up by 16.3% compared to the previous year, and the Profit After Tax (PAT) increased by 25.7%. Financial Highlights FY 2024 In FY 2024, the company’s …
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Magellanic Cloud Enters Logistics Sector with ₹43 Crore Drone Order
30 April 2024On April 30, 2024, Magellanic Cloud informed the stock exchanges that the company had secured its first major logistic drone order from an Indian Robotics firm, with an aggregate value of ₹43 crore. The company stated that this order marks its entry into the logistics sector, which has a high potential with multiple players in …

Granules India’s Colchicine Capsules Gain ANDA Approval
30 April 2024On April 30, 2024, Granules India Limited informed in a stock exchange filing that the US Food & Drug Administration (US FDA) had approved its Abbreviated New Drug Application (ANDA) for Colchicine Capsules, 0.6 mg. Granules India Limited’s wholly owned foreign subsidiary, Granules Pharmaceuticals, Inc. (GPI) filed for the approval of Colchicine Capsules, 0.6 mg. …

Thomas Cook and SOTC Travel’s First Bengaluru to Bhutan Charter Achieves Full Capacity
30 April 2024On April 29, 2024, Thomas Cook (India) Limited informed the stock exchanges that the company and SOTC Travel had achieved a noteworthy milestone with their inaugural charter taking off from Bengaluru to Paro (Bhutan) at 100% capacity on April 27, 2024. This exceptional delivery highlights the strong demand from Karnataka for premium destination experiences. After …

Wipro’s Lab45 Unveils Think Tank: Empowering Businesses with Future Tech
30 April 2024Wipro Limited’s innovation hub, Lab45, recently announced a groundbreaking initiative – the launch of its own Think Tank. This dedicated body aims to empower enterprise leaders and Wipro customers to navigate the rapidly evolving landscape of emerging technologies. Future-Proofing Businesses Through Innovation The Lab45 Think Tank will act as a strategic partner, focusing on comprehensively …

Mahindra & Mahindra Shares Zoomed Over 3% After Launch of New SUV
30 April 2024On April 29, 2024, Mahindra & Mahindra Ltd, one of the leading passenger vehicle (PV) manufacturers in India, launched an SUV, XUV 3XO, with prices starting from ₹7.49 lakh. With this launch, the company is setting new benchmarks in the compact SUV segment as the XUV 3XO combines standout design, premium interiors, comfortable ride, cutting-edge …

Schaeffler India Ltd.: Strategic Positioning for Growth
30 April 2024Company Overview Schaeffler India Ltd., established in 1962 and headquartered in Pune, India, is a prominent manufacturer of a wide range of bearings and related components. The company’s products cater to diverse industries including automotive, production machinery, power transmission, and more, delivering system solutions that enhance safety, comfort, and environmental sustainability in the automotive sector. …

Tata Elxsi Collaborated With TPCDT To Strengthen Neurodiversity Platform
30 April 2024On April 29, 2024, Tata Elxsi, a global leader in design and technology services, entered into a partnership with Tata Power Community Development Trust (TPCDT) to advance the “Pay Autention” initiative. Under the partnership, TPCDT plans to accelerate the development of the India Neurodiversity Platform by using Tata Elxsi’s innovative digital therapeutics (DTx) solution, TEcare. …

KEC International Bolsters Order Book With New Work Worth ₹1,036 Crore
30 April 2024KEC International Ltd, a leading global engineering, procurement, and construction (EPC) company and a part of the RPG Group, recently announced a significant win, securing new orders valued at ₹1,036 crore across its diverse business segments. This achievement signifies a positive development for the company and strengthens its order book. Diversification Drives Growth The new …

Dynacons Achieved Milestone: Listed in Financial Times High-Growth Companies
30 April 2024On April 29, 2024, Dynacons Systems & Solutions Limited, a leading innovator in technology solutions through an exchange filing, announced that the company has been included in the esteemed Financial Times Ranking of High-Growth Companies Asia-Pacific 2024 for the 4th time on this prestigious list. This major milestone underscores the company’s company’s status as a …
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