Shree Cement, one of India’s leading cement producers, recently announced its entry into the Ready Mix Concrete (RMC) segment with the acquisition of operational RMC plants in the Mumbai Metropolitan Region (MMR) of Maharashtra. This move marks a significant step in the company’s growth strategy, leveraging its strong presence in the cement industry to expand …
Nykaa-KK Beauty, a joint venture between the beauty retail giant Nykaa, Bollywood star Katrina Kaif and Matrix India Entertainment, is planning to expand in international markets over the next one year. Kay Beauty’s Gulf Market Foray Founded in 2019, Kay Beauty is a partnership between Katrina Kaif and Nykaa. The company is planning to expand …
On Tuesday, March 12, 2024, the Indian airport service aggregator DreamFolks Services Limited announced a partnership with Healthians to provide health check-up services across the country. DreamFolks and Healthians – Partnership Details DreamFolks Services Limited disclosed its latest venture to enhance its customers’ well-being through a strategic partnership with Healthians. The company aims to improve …
Hindustan Construction Company Ltd (HCC Ltd) has announced a Rs 350 crore rights issue. The subscription for the rights issue will open on March 26, 2024, and close on April 05, 2024. The company will issue 16.67 crore equity shares with a face value of Rs 1 per share at Rs 21 per equity. Objectives: …
In a landmark move, Greaves Finance Limited, a non-banking financial company (NBFC) and subsidiary of Greaves Cotton Ltd., has joined forces with Muthoot Capital Services Limited (MCSL), one of India’s fastest-growing NBFCs. Their partnership aims to revolutionize electric vehicle (EV) financing in India, particularly for two-wheelers, through a pioneering co-lending arrangement. Driving Sustainable Transportation The …
On Tuesday, March 12, 2024, the leading Fast-Moving Electric Goods (FMEG) company, Bajaj Electricals, announced that it has entered into a license agreement with its arm, Bajel Projects. The company permitted Bajel Projects to use the ‘Bajaj’ trademark for a period of three years. Details of Bajaj Electrical’s Licence Agreement With Bajel Projects Bajel Projects, …
In a move that sent ripples through the Indian stock market, British American Tobacco (BAT) is likely to offload a 3.5% stake in ITC Limited (ITC) via a block deal. As per media reports, the price range for the proposed sale of shares is set at ₹384-400.25 a piece, which was a 5% discount to …
At 2 pm, the shares of Nippon Life India Asset Management were trading at Rs 320.30, up by 1.42% from its previous closing of Rs 315.80 on the BSE. Nippon Life India Asset Management has launched Nippon India Innovation Fund (An open-ended equity scheme investing in innovation theme). The Fund will predominantly invest in a …
Ola Electric is getting ready to introduce its electric auto rickshaw in March 2024. The electric vehicle is likely to be named ‘Raahi’. Details of Electric Vehicles From Ola Ola Electric has been developing its electric vehicle, Raahi, for a few years. It is a part of the company’s broader strategy to enter the commercial …
On March 13, 2024, the share price of Signatureglobal (India) Ltd is in focus as the company has launched its new project under Affordable Housing Policy 2013 as ‘Orchard Avenue-3’ in Sector 93, Gurugram, through its subsidiary. The said project consists of a total of 235 units, with an area spread over 1.66 acres. This …
